Australia's most expensive suburbs revealed

Australia's most expensive suburbs revealed

by 0 comments

Sydney’s Point Piper, in the city's Eastern Suburbs, has been labelled Australia’s most expensive suburb, with a median house price of $5.21 million in 2011.

The high-end property’s median house price was almost $1 million more than Tamarama, which took out second place with a median house price of $4.3 million, according to RP Data's Top Ten Richest Suburbs list.

Sydney rounded out the top five positions on the most expensive suburbs list, with Bellevue Hill placing third followed by Vaucluse and Double Bay, all located in the city's Eastern Suburbs.

Melbourne’s Deepdene was the highest ranking non-Sydney suburb on the list, placing sixth with a median price of $2.5 million.

Melbourne’s Toorak and Perth’s Dalkeith, both with median prices in the mid $2 million range, took eighth and ninth places, respectively.

And Mosman, on Sydney's lower North Shore, was tenth on the list with a median price of $2.25 million.

promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

With a combined sales volume of over $14 billion in 2017, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
How this agent grew his database by 50% in five years

In this episode of Secrets of the Top 100 Agents, Robert Pignataro joins host Tim Neary to explain how he increased his personal database by...

View all podcasts

Does the benefit of being part of a branded group outweigh the cost?

Depends on the group
Do you have an industry update?