Rent in Kirribilli and Milsons Point (2061)
The median new lease in 2061 was $900 a week in January–September 2026, from 442 leases lodged with NSW Fair Trading. That is 12% above the Sydney median of $800, making it the 55th most expensive of 218 Sydney postcodes.
Rent by type of home
Houses lease for a median $1,075 a week here and units for $895. Only home types with at least 10 new leases in January–September 2026 are shown.
| Home | Median rent ($/wk) | New leases |
|---|---|---|
| Studio unit | $575 | 22 |
| 1-bedroom unit | $745 | 170 |
| 2-bedroom unit | $1,120 | 181 |
| 3-bedroom unit | $1,700 | 45 |
How rent has changed since 2021
Rent on a new lease here rose 50% in five years, from $600 a week in January–September 2021 to $900 in January–September 2026, slower than the Sydney-wide rise of 60%. Over the past year it rose 3%, against a 7% rise across Sydney.
How much of a local wage the rent takes
A year of rent at the median takes 34% of one average local wage of $136,177, compared with 46% across Sydney. That is the 209th heaviest burden of 218 Sydney postcodes, below the city average. Housing costs above 30% of income are widely treated as housing stress; a household with two average wages would spend about 17%.
Wage: average salary and wages of all residents of 2061 in ATO Taxation Statistics 2023–24, indexed to 2026 with the NSW Wage Price Index. Renters usually earn less than the average resident, so the real burden for renters is likely higher.
Getting your bond back
Of the 484 bonds refunded in 2061 in January–September 2026, 73% went back to the tenant in full and 4% went entirely to the landlord or agent. Across Sydney the figures are 63% and 12%, so tenants here are more likely than average to get their whole bond back (rank 59 of 214, where 1 is the highest full-refund rate).
The median bond was held for 630 days, about 21 months, compared with 575 days across Sydney. Bond records don't say why money went to the landlord: it can cover damage, cleaning or unpaid rent.
Compared with the region and Sydney
2061 is in the North Sydney and Hornsby region, where the median new lease is $850 a week.
| Median rent | 5-yr change | Rent burden | Full bond back | |
|---|---|---|---|---|
| 2061 | $900 | +50% | 34% | 73% |
| North Sydney and Hornsby | $850 | +54% | 36% | 76% |
| Greater Sydney | $800 | +60% | 46% | 63% |
Other postcodes in North Sydney and Hornsby
- 2060 Lavender Bay and Mcmahons Point$850
- 2062 Cammeray$850
- 2063 Northbridge$1,265
- 2064 Artarmon$810
- 2065 Crows Nest and Gore Hill$900
- 2066 Lane Cove and Lane Cove North$780
- 2067 Chatswood and Chatswood West$860
- 2068 Castlecrag and Middle Cove$1,020
- 2069 Castle Cove and Roseville$950
- 2070 East Lindfield and Lindfield$1,050
- 2071 East Killara and Killara$950
- 2072 Gordon$850
- 2073 Pymble and West Pymble$1,050
- 2075 North St Ives and St Ives$1,100
- 2076 Normanhurst and North Wahroonga$950
- 2077 Asquith and Hornsby$710
- 2079 Mount Colah$725
- 2081 Berowra and Cowan$800
- 2088 Mosman and Spit Junction$890
- 2089 Kurraba Point and Neutral Bay$820
- 2090 Cremorne and Cremorne Junction$890
Source: NSW Fair Trading rental bond data (new leases and bond refunds, 2021–2026); ATO Taxation Statistics 2023–24. See the methodology for how these figures are calculated.