North Sydney vs Mcmahons Point.
Comparing two suburbs with median house prices of $3,095,000 and $3,700,000. North Sydney edges out on more headline metrics in this comparison.
North Sydney (median $3,095,000) is roughly 16% cheaper to buy into than Mcmahons Point ($3,700,000). Over the past year, North Sydney (+1.1%) ran 1.4 percentage points ahead of Mcmahons Point (-0.3%) on house-price growth.
On school quality, the average ICSEA across schools serving Mcmahons Point (1173) sits above North Sydney (1167). Mcmahons Point skews owner-occupied (46%), North Sydney runs more rental-dense (36% owner).
For buyers
North Sydney is the lower entry point at $3,095,000 median, 16% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
North Sydney carries both higher gross yield (2.20% vs 1.84%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Mcmahons Point edges out on average school ICSEA (1173 vs 1167).
Common questions
Is North Sydney or Mcmahons Point cheaper to buy in?
North Sydney has the lower median house price at $3,095,000, roughly 16% below Mcmahons Point ($3,700,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, North Sydney or Mcmahons Point?
Over the past 12 months, North Sydney grew +1.1% vs -0.3% in Mcmahons Point, a gap of 1.4 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 North Sydney or Mcmahons Point have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Mcmahons Point scores 1173 vs 1167 in North Sydney. 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, North Sydney or Mcmahons Point?
Gross rental yield on houses is 2.20% in North Sydney vs 1.84% in Mcmahons 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).
Compare North Sydney against another suburb