Apartments, and more dwellings unoccupied
Millers Point is a suburb of flats and apartments, at 80% of occupied homes against 22% across NSW. Townhouses, terraces or semi-detached houses account for 19% (12% across NSW), and separate houses for 1%, against 66% across NSW.
On Census night, 32% of private dwellings in Millers Point were unoccupied, above the 9% across NSW. Homes here have fewer bedrooms than across the state: 70% have two bedrooms or fewer (30% across NSW), 24% have three (35% across NSW) and 5% have four or more, below the 34% across NSW.
Renting at $800 a week
The median rent in Millers Point was $800 a week, above the $420 across NSW, and 60% of households rent, against 33% across NSW. Of those renting households, 88% rented from a landlord the ABS records as a real estate agent, above the 69% across NSW. Median household income was $3,160 a week, above the $1,829 across NSW.
Worked out on this page from the two medians, the rent equals 25% of the median weekly income of all households, renters or not, above the 23% across NSW. Paying off a mortgage is less common, at 13% of households against 33%. The median mortgage repayment was $3,900 a month, above the $2,167 across NSW. Owning outright sits at 25%, below the 32%.
Small households and fewer at one address
Of people aged five and over in Millers Point, 33% lived at the same address five years earlier, below the 54% across NSW. At the 2021 Census, 1,735 people lived in the suburb of Millers Point. Households are smaller than across the state, with 1.9 people in an average household against 2.6 across NSW. The median age was 43 years, above the 39 across NSW, which suggests older residents than across the state.