A small harbourside suburb on the lower North Shore of Sydney, three kilometres north of the Sydney CBD, sitting on a peninsula flanked by Berrys Bay to the west and Lavender Bay to the east, in the local government area of North Sydney Council. At the 2021 census it had 2,315 residents, 60.9% born in Australia. McMahons Point is 'primarily a medium-to-high-density residential area' bordered by Waverton, North Sydney and Lavender Bay, and is one of the string of premium villages north of the harbour — real estate there is 'set at a premium due to the area's low crime rate, cafes, restaurants, pubs, parks, accessibility to bus, train and ferry networks plus expansive views of the Sydney City CBD'. The peninsula's southern tip at Blues Point — with Blues Point Reserve and the Seidler-designed Blues Point Tower above it — frames the suburb's postcard outlook over the Harbour Bridge, Opera House and CBD skyline.
At a Glance
| Field | Details |
|---|---|
| Region | North Shore |
| Council (LGA) | North Sydney Council |
| Postcode | 2060 |
| Distance to Sydney CBD | Roughly 15-20 minutes door-to-door to the Sydney CBD: buses from Blues Point Road or Milsons Point run across the Harbour Bridge to Wynyard… |
| Median house price | $3,711,624 (median house value, Cotality automated-valuation model via the OnTheHouse suburb profile, as at 31 July 2026); proplo's sale-based median house price of $3,700,000 closely agrees (mid-2026) |
| Median unit price | $1,225,795 ; proplo's sale-based median unit price reads higher at $1,750,000 — the spread reflects older flats versus new waterfront… |
| Typical rent | Median rents of about $1,530/week for houses and $800/week for units |
| Price growth | Median house values -8.12% and unit values -15.99% over the five years to 31 July 2026 — values have corrected from the 2021-22 peak… |
Transport
There is no railway station inside McMahons Point: the suburb is served by buses (Busways runs routes via McMahons Point wharf, and other services run along Blues Point Road to the city and North Shore), with North Sydney, Milsons Point and Waverton stations all nearby on the T1 North Shore line. McMahons Point ferry wharf on Henry Lawson Avenue is open and part of the Sydney Ferries network — rebuilt in 2016 — and is served by the F3 Parramatta River service (peak-hour trips) and the F4 Pyrmont Bay service; the wharf dates back to at least 1839 and carried up to six million passengers a year in the early 1900s before the rail line was diverted in 1932.
Schools
No school is located within McMahons Point itself. Local families fall within the catchment of North Sydney Public School — a well-regarded K-6 public primary school in the adjacent suburb of North Sydney, reachable by a short bus ride or walk from many McMahons Point addresses — with Cammeraygal High School the area's public high school catchment.
Universities
No university campus sits inside McMahons Point itself, but Australian Catholic University's North Sydney campus (MacKillop) at 40 Edward Street is in the suburb of North Sydney, which directly borders McMahons Point to the north — a short bus or train trip away.
Shopping & Amenities
McMahons Point's village retail and dining scene lines Blues Point Road, the suburb's spine: cafes such as Billi's Café and The North Spoon and the Blues Point Hotel pub are among the local venues, and Wikipedia highlights the area's cafes, restaurants, pubs and parks as part of its appeal. The suburb has no major shopping centre — residents use the North Sydney commercial centre's shops just over the northern border.
Parks & Outdoors
Blues Point Reserve, at the end of Blues Point Road on the peninsula's southern tip, is the suburb's signature park — a postcard-view lookout over the Sydney Harbour Bridge, Opera House and city skyline and a celebrated vantage for the New Year's Eve fireworks (TripAdvisor; Shore & Side). The harbourfront around McMahons Point ferry wharf on Henry Lawson Avenue and the peninsula's street-end lookouts between Berrys Bay and Lavender Bay put water and city views within a short walk of most of the suburb, with the Milsons Point and Kirribilli foreshores and bridge walkway continuing east along the water.
Property Market
The median house price in McMahons Point was around $3,711,624 (median house value, Cotality automated-valuation model via the OnTheHouse suburb profile, as at 31 July 2026); proplo's sale-based median house price of $3,700,000 closely agrees (mid-2026). See our full Sydney property price map for how the suburb compares across the city. McMahons Point is a compact (about 0.4 km²) harbourside suburb of 2,315 people (2021 census), with Cotality recording 72 sales across all property types in the 12 months to mid-2026. Housing mixes older cottages and terraces on the peninsula streets with apartment blocks including the landmark Blues Point Tower and newer waterfront apartments. The house median is well established at about $3.7M — Cotality's automated figure was $3,711,624 as at 31 July 2026 and proplo's sale-based median was $3,700,000, with recent settled house sales of $2.5M (9 French St) and $4.6M (5 Lavender St). Unit trackers disagree more: Cotality's automated median unit value was $1,225,795 while proplo's sale-based median was $1,750,000, reflecting a wide quality spread in settled unit sales from about $775,000 for older flats to $4.05M for waterfront apartments.
New Developments
Development has been shaped by a famous rezoning fight and by heritage controls: in 1957 much of McMahons Point was to be rezoned 'waterfront industrial' by North Sydney Council, but residents and architects led by Harry Seidler argued for a residential vision — Seidler proposed a 29-building apartment development in gardens, and his 24-level Blues Point Tower (144 apartments, 83 metres) went on to be built at Blues Point. Ildemere at 11-11a Bayview Street is listed on the NSW State Heritage Register. New supply is mostly infill apartments and renovations of the peninsula's older cottages within North Sydney Council's height and heritage controls, rather than large greenfield projects.
Jobs & Local Economy
McMahons Point is primarily a commuter suburb: the Sydney CBD is about three kilometres south across the Harbour Bridge (roughly 15-20 minutes by bus, train or ferry), and the North Sydney commercial centre — one of Sydney's largest office districts — sits immediately north of the suburb. Local employment is small-scale and neighbourhood-oriented: the cafes and restaurants along Blues Point Road, the Blues Point Hotel, and the wharf and marine uses around the harbour foreshore.
Nearby Suburbs
North Sydney, Lavender Bay, Waverton, Milsons Point, Neutral Bay, Kirribilli
Sources & method
Researched 4 September 2026 from named public sources — census and government records, transport authorities, council and planning documents — plus published sales data. Where sources disagree on a figure, the guide says so rather than picking one.
Sources cited in this guide:
Corrections are welcome — if something here is out of date or wrong, tell us and we will fix it.
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