Point Piper

Point Piper is a small, affluent harbourside eastern suburb of Sydney, in the state of New South Wales, Australia 6 kilometres (4 mi) east of the Sydney central business district, in the local government area known as the Municipality of Woollahra.

Point Piper is regarded as Australia’s most expensive suburb. It is also the second richest suburb, by taxable income, behind Melbourne’s Toorak. In 2011, Wolseley Road was ranked as the ninth most expensive street in the world, at $38,900 per square metre.

Wikipedia, the free encyclopaedia
Wikipedia, the free encyclopaedia
1
Postcode 2027
Local Government: Woollahra Municipal Council
State Electorate: Vaucluse
Federal Division: Wentworth
Distance from Sydney CBD: 6.0 km
Surrounding suburbs: Bellevue Hill, Darling Point, Double Bay, Rose Bay
 

HOUSES*

UNITS*

Median Sales Price $12,500,000 $3,800,000
No. of Sales 7 28
Median Rent   $1,000.00 per week
Rental Yield   1.4%

*Source: CoreLogic – 12 months to May 2018

People

Population 1

1,424

(1,404)

% Adults over 65 1

25.2%

(32.2%)

Median age 1

48

(48)

% Children under 15 1

13.0%

(13.1%)

People per household 1

2.4

(2.3%)

Children per family 1

1.8

(1.7)

Household Composition

Family

70.8%

(64.7%)

Single

25.9%

(28.8%)

Group

3.4%

(6.5%)

Family unit per household

49.2%
Couple without children
36.5%
Couple with children
11.5%
One parent family
2.8%
Other

Dwellings

Number of dwellings 1

713

(727)

Percentage apartments 1

70.5%

(62.9%)

Avg no. of bedrooms 1

3.0

(2.9)

Avg no. of cars 1

1.7

(1.8)

Percentage rentals 1

30.2%

(29.3%)

Dwelling size

Studio

0.0%

(0.0%)

1 Bedroom

7.4%

(8.8%)

2 Bedroom

29.2%

(30.3%)

3 Bedroom

60.7%

(59.4%)

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Source: Australian Bureau of Statistics, Census year 2016  (Source: Australian Bureau of Statistics, Census year 2011)