Milsons Passage NSW

Postcode 2083 · Hornsby LGA

Milsons Passage is a quiet locality in New South Wales within the Hornsby local government area (postcode 2083). With a population of 32, the suburb has an older demographic with a median age of 62. Households earn a median income of $49K per year, with an average household size of 2.2 people. The most common occupations are managers, clerical & administrative, professionals. The top ancestries reported are English, Australian, Irish.

The median house price in Milsons Passage is $1.0 million, having dropped significantly 12.4% over the past year. The median monthly mortgage repayment is $1,950.

The crime rate in the Hornsby LGA is low at 1,223 incidents per 100,000 population.

From an investment perspective, Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 20.7x is considered stretched. House prices have moved -12.4% year-on-year.

INVESTMENT SIGNALS
Price vs State$1.0M/$1.5M Below Median
Affordability20.7x Stretched
Price Momentum-12.4% Falling
SEIFA INDEX (ABS)
Advantage9/10
Education9/10
Economic8/10
Disadvantage9/10
MEDIAN HOUSE
$1.0M
-12.4% YoY
MEDIAN RENT /WK
POPULATION
32
DEMOGRAPHICS
Median Age62
Household Size2.2
HH Income /wk$949
Personal Income /wk$575
Mortgage /mth$1,950
CRIME (Hornsby LGA)
Crime Rate (per 100k)1,223
Total Incidents1,894
Data: 2023