Point Piper Property Market & Buyers Agents 2026

Point Piper stands alone in the Australian property landscape, less a conventional market and more a global benchmark for ultra-prestige real estate. With a median house price that fluctuates wildly based on a handful of sales, currently around $16.6 million, it is consistently the nation's most expensive suburb. However, this figure is notoriously volatile; with only a few house sales recorded annually—sometimes as few as four or six—a single trophy home transaction can skew the median by tens of millions of dollars. The 12-month growth figure of -28.5% should be viewed with extreme caution, as it reflects the specific nature of the few properties sold rather than a market-wide downturn. A longer-term five-year growth of 88.0% gives a more accurate, albeit still dramatic, picture of the capital appreciation here.

The true driver of the Point Piper market is extreme scarcity. The suburb itself is tiny, covering just 0.4 square kilometres with only eleven streets. Within this, only a fraction are freestanding houses (around 136 dwellings), and fewer still are coveted absolute waterfront estates. This finite supply, coupled with persistent demand from a global pool of high-net-worth buyers, creates a 'trophy asset' market. Properties are often held for generations, with some homes not trading for over 60 years, further constricting supply. When they do become available, many of the most significant transactions occur off-market, their details kept private, meaning public data only ever tells part of the story. Prices for non-waterfront houses start around $17 million, while premier waterfront estates command prices from $80 million to well over $130 million.

Point Piper is the pinnacle of residential exclusivity in Australia, a tiny, secluded peninsula 6km east of the Sydney CBD. Its character is one of quiet opulence and extreme privacy; there are no shops, cafes, or commercial precincts within its borders. Residents travel to the sophisticated retail and dining hubs of neighbouring Double Bay and Rose Bay for all their needs. The suburb is defined by its magnificent waterfront mansions and luxury apartment buildings, which command breathtaking, dress-circle views of Sydney Harbour, the Opera House, and the Harbour Bridge.

Point Piper is exclusively residential, meaning there are no schools within the suburb itself. However, it is surrounded by some of Sydney's most elite private schools, including The Scots College and Cranbrook School in Bellevue Hill, and Ascham School in Edgecliff. Access is straightforward for families residing in the area.

Transport is primarily by private car. However, the suburb is well-connected. The Edgecliff train station is a short drive away, providing a 4-minute direct service to Martin Place in the CBD. Bus services, such as the 324 and 325, run frequently along New South Head Road, connecting to the city and surrounding suburbs. For a more scenic commute, the Rose Bay Ferry Wharf is nearby, offering a 13-minute ferry ride to Circular Quay.

Recreation is centred on the harbour. The suburb is home to the prestigious Royal Prince Edward Yacht Club and the Royal Motor Yacht Club of NSW. It also boasts several beautiful, secluded beaches and parks, including the tranquil Lady Martin's Beach, Seven Shillings Beach with its enclosed Redleaf Pool, and Duff Reserve, a popular spot for its stunning water views.