Point Piper, NSW 2027

Eastern Suburbs suburb guide — property, transport, schools and lifestyle

Sydney's most exclusive suburb: a small, harbourside peninsula on Sydney Harbour 6 km east of the CBD, in the Municipality of Woollahra, and home to some of the most expensive and exclusive homes in Australia — Point Piper holds three of the five most expensive house sales ever recorded nationwide ($130m, $100m, $95m), and the price per square metre of its real estate is among the most expensive in the world. There are only eleven streets in the suburb; the main road is Wolseley Road, described by prestige agents as effectively Australia's most expensive street. It has one of Sydney's smallest populations — 1,334 residents at the 2021 census — and few sales, with estates tightly held or passed down through families; Point Piper has 218 properties and a turnover rate of 2.3%, well below the Sydney average of 4.3%. Agents describe a Point Piper address as 'the pinnacle of success or a generational acquisition', with buyers treating property as a wealth-preservation legacy rather than a home.

At a Glance

Field Details
Region Eastern Suburbs
Council (LGA) Woollahra Municipal Council
Postcode 2027
Distance to Sydney CBD Roughly 15–20 minutes to the Sydney CBD: a short bus ride (routes 324/325) or taxi hop to Edgecliff Station then an around 8–10 minute T4…
Median house price ~$17.3M — median house price of $17,313,502 in the 12 months to September 2025, making Point Piper by far the nation's most expensive postcode (Cotality 'Best of the Best' 2025 report, via The Sydney Morning Herald/WAtoday, Jan 2026); OnTheHouse's estimate put the house median near $14.4M as of Jun 2026 (mid-2026)
Median unit price ~$2.8–3.1M for units/apartments ; premium apartments and penthouses on Wolseley Road and Wentworth Street routinely sell well above that…
Typical rent Median rents of about $3,100/week for houses and $1,350/week for units…

Transport

Point Piper has no railway station, light rail or ferry wharf within the suburb — public transport means buses along New South Head Road, which forms the suburb's boundary; the nearest bus stops are 'New South Head Rd at Rose Bay Ave' and 'New South Head Rd before Wolseley Rd'. Routes 324 and 325 run along New South Head Road between Watsons Bay and the city (Walsh Bay), and short-working 324/325 services terminate at Edgecliff Station. Edgecliff station on the T4 Eastern Suburbs & Illawarra Line sits just beyond the suburb's north-west edge (about 1.5–2 km), while the closest ferry wharves are Rose Bay Wharf and Double Bay Wharf in the neighbouring suburbs — ferries from Circular Quay run direct to Rose Bay Wharf about every 20 minutes. Private marina facilities at the Royal Motor Yacht Club and Royal Prince Edward Yacht Club occupy parts of the Point Piper foreshore.

Schools

There are no schools within Point Piper itself — a residential enclave of just eleven streets with no public facilities. Local children are zoned to government schools in the neighbouring Woollahra-area suburbs, principally Double Bay Public School (whose official catchment covers the Point Piper area), with nearby private options in the surrounding eastern suburbs such as Reddam House and Kincoppal–Rose Bay (SchoolRank catchment map; Stickybeak school list for Point Piper 2027).

Shopping & Amenities

Point Piper has no commercial area and few amenities or public facilities — no shops, supermarkets or cafes within the suburb — with the closest commercial centres in the neighbouring suburbs of Rose Bay and Double Bay. Double Bay's village strip (Knox Street and Bay Street) is the suburb's de facto high street for retail, dining and services, roughly 5–10 minutes away by car. In-suburb social amenities are essentially the two harbourside yacht clubs — the Royal Motor Yacht Club at 21 Wunulla Road and the Royal Prince Edward Yacht Club — plus small foreshore reserves such as Duff Reserve, a deep-water point popular for weddings and picnics.

Parks & Outdoors

Point Piper's public open space is almost entirely harbour foreshore: Duff Reserve off Wolseley Road (a deep-water point popular for weddings and picnics), Lady Martin's Beach on Wunulla Road and Seven Shillings Beach off New South Head Road are the suburb's named beaches and reserves. The peninsula's coves and headlands front Port Jackson with direct views across to the Opera House and Harbour Bridge, and the Royal Prince Edward Yacht Club and Royal Motor Yacht Club bring yachting and sailing activity to the harbour. Walkers and swimmers typically head to the larger foreshore parks and beaches of neighbouring Rose Bay and Double Bay or the harbourfront promenades beyond (Realsearch).

Property Market

The median house price in Point Piper was around ~$17.3M — median house price of $17,313,502 in the 12 months to September 2025, making Point Piper by far the nation's most expensive postcode (Cotality 'Best of the Best' 2025 report, via The Sydney Morning Herald/WAtoday, Jan 2026); OnTheHouse's estimate put the house median near $14.4M as of Jun 2026 (mid-2026). See our full Sydney property price map for how the suburb compares across the city. Medians here are statistically fragile: Cotality recorded only four house sales in Point Piper in the 12 months to September 2025 (versus 72 in Bellevue Hill), and analysts loosen their filters to include the suburb at all — low sales volume means every trophy transaction moves the median. Landmark national records set in Point Piper include Fairwater at $100M (Mike Cannon-Brookes, 2018), Uig Lodge at $130M (Scott Farquhar, 2022) and the reported $130M sale of Elaine in 2024, with agents saying current trophy demand typically spans $80M–$130M and can exceed $200M. In Sep 2026 the Point Piper mansion Wingadal was listed with a ~$200M price guide, a figure that would eclipse the national record. Lower down the ladder, a 2018-era boat shed on the waterfront was marketed at close to $40M (Boss Hunting). Note postcode-level trackers (2027 covers Darling Point and Edgecliff too) can understate Point Piper's true figures; suburb-specific OnTheHouse/Cotality data is the better guide. OnTheHouse recorded 1-year house growth around +5–6% and strong 3–5 year appreciation, but with tiny volumes (Realsearch growth metrics: +5.4% 1yr, +18.2% 3yr, +44.7% 5yr).

New Developments

Essentially none — Point Piper is a tightly held, fully built-out peninsula where no large-scale commercial or high-density development is permitted, preserving the enclave's exclusivity, and strict heritage and foreshore planning controls (including Woollahra Council's Foreshore Building Line restrictions and heritage listings such as the Dunara estate) make major renovations and redevelopment complex and expensive. Development activity is limited to private, high-value rebuilds of waterfront estates and strata renovations, and the occasional off-market trophy sale such as the Wingadal mansion listed at ~$200M in 2026 — a sale of existing stock, not new supply.

Jobs & Local Economy

Point Piper itself has no commercial area, so there is no meaningful local employment base within the suburb. Residents are overwhelmingly professionals, corporate executives, financiers, diplomats and high-end downsizers (Realsearch tenant/demographic profile; GDP.com.au suburb profile), typically working in wealth management, finance and professional services in the nearby Double Bay/Bondi Junction precincts or commuting to the Sydney CBD — only 6 km away. Median weekly personal income of $1,835 (well above the NSW average of $781) reflects this executive workforce (GDP.com.au).

Nearby Suburbs

Double Bay, Darling Point, Rose Bay, Edgecliff, Bellevue Hill

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.

Corrections are welcome — if something here is out of date or wrong, tell us and we will fix it.

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