Residz shows why Nicole Kidman is a savvy property investor

Given the wide interest in Nicole Kidman's latest local real estate purchase, we ran a Residz property report on the Latitude building address...here's what we found.

Residz Team 3 min read


Nicole Kidman has shown she’s not just an Oscar-winning actor, she’s also a savvy property investor. The star of movies including Lion, The Hours, Paddington, Eyes Wide Shut and Moulin Rouge and streaming service series Big Little Lies is reportedly buying her fifth apartment in the Latitude Building at Milson’s Point, Sydney. We thought we’d dig a bit deeper…..

One-bedder apartment takes it to five

According to the Sydney Morning Herald, ‘Kidman’s corporate interests’ have paid $1.35 million for a one-bedroom apartment overlooking Wendy Whiteley’s Secret Garden. The article says she also owns two penthouses, a two-bedroom apartment, and another apartment in the same building.

Given the wide interest in the story, we decided to run a Residz property report on the Latitude building address to see what any investor or owner occupier gets when they spend millions of dollars on such a well-located piece of real estate.

Closer look is a 30 second bit of fun

While we don’t know the exact apartment number of any home in the Nicole Kidman portfolio we typed the address of a recently-sold unit in the Latitude Building into our property report search bar. This is a completely free service for home buyers and sellers with data on 12 million addresses around Australia; try it with your own home address. In 30 seconds you can get the property data you need.  

Report shows it’s a golden investment

So straight up we can see from the Residz proprietary Investability Index that this area that so appeals to our Nicole is an excellent investment for real estate buyers. While the state average score for investability is 59 out of 100, anything in the North Sydney/Lavender Bay area (which includes Milson’s Point) has an investability score of 95 out of 100.

This area scores high on:

Data digs deeper on district

The report shows how some of Sydney’s best schools are located nearby, including SHORE and Wenona.

Demographics data shows that the average age of householders in this area is 54 (Ms. Kidman is 55) and the average household size is 1.9 people.

Most of the population in this area originated from Australia, with the next highest specified country of origin being Hong Kong.

Potential risks of living in area also revealed

Crime statistics show Ms. Kidman’s family, visitors, or tenants can feel fairly safe in this area as most incidents of crime are trending downwards. Our Residz property report shows the risk of  bushfires, land contamination, or flooding is low. Internet speeds are good, with the potential for download speeds of 100 Mbps and upload speeds of 40 Mbps.

Other properties

The Milson’s Point apartments are not the only properties owned by corporate entities linked to Ms. Kidman. According to marie claire Australia the actor is linked to ownership of real estate in the Southern Highlands of NSW, as well as in LA, Nashville and New York in the U.S.

If those properties are as high on investability scores as her Milson’s Point apartments, she’s doing very well on the real estate front indeed!

If you’re considering purchasing or renting a house in Milson’s Point, or any area in Australia, make sure you download our free property report for that address. We have 12 million addresses in our database, with every report offering information on internet speeds, crime trends, bushfire risk, investability scores and a whole lot more.

Residz is an Australian property research startup, based in Sydney and the UK. You can list your home for free on the site, or find out heaps of info about the place you live.  

Photo of Nicole Kidman by Michael Albov, sourced from Wikipedia Commons.