The Harbour City is home to some of the nation’s priciest properties, but which areas are Sydney’s most expensive suburbs?
Point Piper, home to Prime Minister Malcolm Turnbull and eye-watering property prices, didn’t make the list as the tightly-held suburb had too few sales over the past 12 months to qualify.
So where are Sydney’s most expensive suburbs?
Bellevue Hill topped the list of the most expensive established suburbs in Sydney with a median sold price of $4.3 million, followed by Vaucluse at $3.9 million and Rose Bay at $3.5 million. Scroll down further for the full list.
These figures represent the median sold price for properties in these areas and are for suburbs with at least 10 sales within that twelve month period.
So what attracts buyers to these upmarket neighbourhoods?
1. Bellevue Hill – $4,325,000
With its tree-lined streets and proximity to some of the best beaches in the city, Bellevue Hill has plenty of historic homes and luxury villas.
2. Vaucluse – $3,928,000
Located just eight kilometres from the CBD, this well-heeled suburb has long been home to high-end properties with large gardens and stunning harbour views.
3. Rose Bay – $3,500,000
This quiet eastern suburb also offers great views of the harbour and tends to attract more mature residents with well established older Australians making up 22.5% of the area’s population.
4. Double Bay – $3,250,000
Well-known for its cafes and boutiques, this Double Bay offers high-end homes on tree-lined streets.
5. Dover Heights – $3,200,000
This coastal eastern suburb is nestled between Rose Bay and North Bondi and offers a relaxed family-friendly lifestyle and plenty of high-end properties.
6. Mosman – $3,100,000
The hilly streets of Mosman are lined with historic homes and luxury new houses. With great views, plus Balmoral Beach nearby it’s not hard to see why this area is popular, particularly with baby boomers.
7. Bronte – $2,800,000
Bronte is popular with film stars and the well-heeled alike and, with its own beach and great views and cafes, this eastern suburb offers a relaxed seaside lifestyle.
8. Castlecrag – $2,700,000
Located on the lower North Shore, Castlegrag is popular with established older couples and families alike due to its proximity to the water and the CBD.
9. Clontarf – $2,637,500
Clontarf, on the Northern Beaches, is popular with families and couples thanks to its Middle Harbour views and the casual beach lifestyle it offers.
10. Northbridge – $2,612,500
Located just seven kilometres from the CBD, the lower North Shore suburb ofNorthbridge has an 18-hole golf course with harbour views, a marina and a number of parks with great views.