Port Hacking Insights - Feb 2025

Port Hacking, NSW 2229: A Prestigious Waterfront Suburb

Port Hacking, a highly sought-after waterfront suburb in Sydney’s south, offers a tranquil, family-friendly lifestyle. Spanning just 0.8 square kilometers, this exclusive suburb has experienced a 10.3% population decline from 1,223 residents in 2011 to 1,097 in 2016, reinforcing its tightly held nature.

With 91.8% of homes owner-occupied, Port Hacking remains a prestigious, high-value suburb with limited turnover and long-term homeowner stability.

Housing Market Trends

Port Hacking’s housing market remains highly competitive, with a median house price of $2.59 million as of January 2025. The upper quartile price sits at $3.43 million, while the lower quartile is $2.34 million, highlighting its appeal to premium buyers.

Over the past 12 months:

• 16 houses were sold.

• Median time on market: 80.5 days, reflecting the suburb’s luxury price point.

• Median asking rent: $1,500 per week, with a 2.4% rental yield, reinforcing its appeal to high-income renters and investors.

Unit Market Trends

The unit market in Port Hacking is minimal, with only 1 unit sold in the past year. The median unit price is $645,000, with an upper quartile price of $691,875.

While the unit market remains niche, its low sales volume suggests future potential as more buyers seek affordable alternatives to high-value homes in the area.

Port Hacking

Land Market

Port Hacking offers extremely limited land opportunities, with only 1 land sale recorded in the past year. The absence of new land listings further cements the suburb’s high-value, low-supply nature.

Rental Market

The rental market in Port Hacking is strong, particularly for houses:

• Median rent for houses: $1,500 per week, reflecting a 49.9% increase over the past year.

• Rental yield: 2.4%, which remains attractive for investors despite higher property prices.

With few rental listings available, Port Hacking remains an exclusive suburb, catering to high-income tenants and long-term homeowners.

Recent Market Activity

Port Hacking continues to be a tightly held suburb with steady demand:

• 16 houses were sold, with prices ranging from $2.34 million to $3.43 million.

• The unit market recorded just 1 sale, maintaining limited availability for apartment-style living.

• Only 1 land sale occurred, reaffirming the suburb’s exclusivity and scarcity of vacant properties.

With only 19 new house listings in the past 12 months, the suburb remains highly competitive, attracting buyers looking for long-term investment and lifestyle appeal.

Community and Lifestyle

Port Hacking is a highly affluent suburb, with:

• 59.9% of households consisting of couples with children.

• 39.7% of residents earning over $182,000 annually, making it a premium location for high-net-worth buyers.

• The predominant age group is 10-19 years, reflecting a strong family presence.

The suburb’s waterfront location, prestige, and community-driven lifestyle make it a highly desirable place to live.

Investment Potential

Port Hacking offers significant long-term investment potential, thanks to:

• Tightly held market with limited supply.

• High-value property market with strong growth history.

• Increasing rental prices, catering to wealthy tenants.

• Premium waterfront lifestyle, attracting affluent buyers.

For those seeking an exclusive, high-end suburb with long-term capital growth, Port Hacking remains a blue-chip investment location.