Milsons Point vs Dawes Point.
Comparing two suburbs with median house prices of $5,925,000 and $3,700,000. Milsons Point edges out on more headline metrics in this comparison.
Dawes Point (median $3,700,000) is roughly 60% cheaper to buy into than Milsons Point ($5,925,000). Over the past year, Milsons Point (+2.7%) ran 2.7 percentage points ahead of Dawes Point (0%) on house-price growth.
On school quality, the average ICSEA across schools serving Milsons Point (1163) sits above Dawes Point (1122). Dawes Point skews owner-occupied (61%), Milsons Point runs more rental-dense (42% owner).
For buyers
Dawes Point is the lower entry point at $3,700,000 median, 60% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Dawes Point delivers the better gross yield (0.88% vs 0.53%), but Milsons Point has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Milsons Point edges out on average school ICSEA (1163 vs 1122). Dawes Point also has a higher family-household share (74% vs 57%), so the catchment community skews family-heavy.
Common questions
Is Milsons Point or Dawes Point cheaper to buy in?
Dawes Point has the lower median house price at $3,700,000, roughly 60% below Milsons Point ($5,925,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Milsons Point or Dawes Point?
Over the past 12 months, Milsons Point grew +2.7% vs 0% in Dawes Point, a gap of 2.7 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Milsons Point or Dawes Point have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Milsons Point scores 1163 vs 1122 in Dawes 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, Milsons Point or Dawes Point?
Gross rental yield on houses is 0.88% in Dawes Point vs 0.53% in Milsons 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.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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