Side by sideSuburb comparison

Waverton vs Mcmahons Point.

Comparing two suburbs with median house prices of $6,220,000 and $3,700,000. Mcmahons Point edges out on more headline metrics in this comparison.

Mcmahons Point (median $3,700,000) is roughly 68% cheaper to buy into than Waverton ($6,220,000). Over the past year, Waverton (0%) ran 0.3 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 Waverton (1165).

The takeWhich suburb suits which buyer

For buyers

Mcmahons Point is the lower entry point at $3,700,000 median, 68% 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: Mcmahons Point delivers the better gross yield (1.84% vs 1.10%), but Waverton 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

Mcmahons Point edges out on average school ICSEA (1173 vs 1165).

Common questionsWaverton vs Mcmahons Point

Common questions

Is Waverton or Mcmahons Point cheaper to buy in?

Mcmahons Point has the lower median house price at $3,700,000, roughly 68% below Waverton ($6,220,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Waverton or Mcmahons Point?

Over the past 12 months, Waverton grew 0% vs -0.3% in Mcmahons Point, a gap of 0.3 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 Waverton or Mcmahons Point have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Mcmahons Point scores 1173 vs 1165 in Waverton. 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, Waverton or Mcmahons Point?

Gross rental yield on houses is 1.84% in Mcmahons Point vs 1.10% in Waverton. 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

Waverton
Metric
Mcmahons Point

Price & Market

$6,220,000
Median house
$3,700,000
$475,200
Median unit
$475,200
+0.0%
Annual growth (house)
-0.3%
Days on market

Rental

$1310/wk
Rent (house / wk)
$1310/wk
$800/wk
Rent (unit / wk)
$800/wk
51.0%
Owner occupied
46.0%
47.0%
Renter occupied
52.0%

Lifestyle & Demographics

100
Walk score
100
20
Transit score
30
100
Bike score
100
2,981
Population
2,315
39
Median age
44

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1165
Avg ICSEA
1173

Climate

1302 mm
Annual rainfall
1302 mm
26.0°C
Mean max (Jan)
26.0°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).