Dawes Point vs Millers Point
Dawes Point (median $3,700,000) is roughly 11% cheaper to buy into than Millers Point ($4,162,500).
Buying in Dawes Point or Millers Point?
Selling in Dawes Point? The free selling guide
Dawes Point and Millers Point side by side
| Measure | Dawes Point | Millers Point |
|---|---|---|
| Price and market | ||
| Median house | $3,700,000 | $4,162,500 |
| Median unit | $443,520 | $443,520 |
| Renting | ||
| House rent | $1250/wk | $1250/wk |
| Unit rent | $1150/wk | $1150/wk |
| Owner occupied | 61.0% | 38.0% |
| Renter occupied | 35.0% | 60.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1122 | 1106 |
| Lifestyle and people | ||
| Walk score | 100 | 100 |
| Transit score | 40 | 50 |
| Bike score | 100 | 100 |
| Population | 385 | 1,735 |
| Median age | 55 | 43 |
| Climate | ||
| Annual rainfall | 1139 mm | 1139 mm |
| Mean max, January | 27.1°C | 27.1°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Dawes Point (1122) sits above Millers Point (1106). Dawes Point skews owner-occupied (61%), Millers Point runs more rental-dense (38% owner).
- For buyers
- Dawes Point is the lower entry point at $3,700,000 median, 11% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Dawes Point offers the higher gross rental yield (1.76% vs 1.56%), favouring cash-flow investors.
- For families
- Dawes Point edges out on average school ICSEA (1122 vs 1106). Dawes Point also has a higher family-household share (74% vs 56%), so the catchment community skews family-heavy.
Dawes Point vs Millers Point: common questions
Is Dawes Point or Millers Point cheaper to buy in?
Dawes Point has the lower median house price at $3,700,000, roughly 11% below Millers Point ($4,162,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Dawes Point or Millers Point have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Dawes Point scores 1122 vs 1106 in Millers Point. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Dawes Point or Millers Point?
Gross rental yield on houses is 1.76% in Dawes Point vs 1.56% in Millers Point. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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The two suburbs
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