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Sydney suburbs top Australia’s most expensive list

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Sydney suburbs Australia most expensive
Sydney homesSydney homes
Moving interstate
January 1, 2017
minute read

Australia’s 10 most expensive suburbs (2017 Data)

If you have always dreamed of owning a home and moving to Sydney? You are not alone. The truth is, a lot of the most beautiful neighbourhoods in Australia come with a hefty price tag.

And for many of us, this dream may never become a reality. However, if your pockets are overflowing, there are 10 suburbs you need to consider before your next move.

Ready to learn where you can find Australia’s most exclusive neighbourhoods?

The breathtaking harbour views of many Sydney suburbs have proven to be the go-to choice for many looking for a new neighbourhood. However, as you make your way through the list, you will find equally desirable suburbs to be found in Melbourne and Perth.

The next thing to consider is, of course, price. According to the data, you can buy into one of these top 10 suburbs for a median price ranging from $3.2 to 8.6 million.

Australia’s 10 most Expensive Suburbs (2017 Data)

It’s time to learn about the Australian suburbs which have made the list. Moreover, see which Sydney Suburbs championed into the top positions.

  1. Mosman, NSW (median house price $3,300,000)
mosman sydney suburbs most expensive

Have you always pictured yourself in a Federation style home? Maybe your style leans more to is or even something sleek and modern, you can find both in Mosman. No matter which is your style, you’ll be sure to find amazing views and a much welcome ocean breeze.

Just 8km from the CBD, Mossman is the perfect choice for retirees or families wanting to raise children, there is plenty to see and do for all ages. Known for its friendly atmosphere, nearby sports clubs and quiet nightlife, it is easy to see why residents of Mosman never want to leave.

  1. Dover Heights, NSW (median house price $3,300,000)
most expensive sydney suburbs dover heights

Image: RealEstate.com.au

Dover Heights is a coastal, eastern suburb of Sydney located 9 kilometres from the CBD. The suburb derived its name from early settlers who were reminded of the White Cliffs of Dover in England. Although there is no beach at Dover Heights, there are spectacular views from the cliff top park.

Similar to the lifestyle you can find in Mosman, Dover Heights attracts older retirees, mature families and homes a large Jewish community. Within the area, you can find two prestigious Jewish schools, Kesser Torah College and Yeshiva Ladies College. Although there are plenty of other schools to be found in neighbouring suburbs.

  1. Peppermint Grove, WA (median house price $3,300,00)
sydney suburbs australias most expensive

Image: Domain.com.au

If you are looking for an investment with a good return in a trendy neighbourhood, look no further. Located on the shore of the Swan River and Freshwater Bay. Peppermint Grove is home to many trendy locals and even a couple of celebrities.

Perth’s Peppermint Grove community is made up of mostly retired or young couples without children. The neighbourhood is known for being the perfect balance of a relaxed lifestyle while still providing plenty to see and do.      

  1. Tamarama, NSW (median house price $3,655,000)
Tamarama NSW sydney suburbs australia most expensive

Tamarama is a beachside suburb of Sydney located between the well-known Bondi Junction and Bronte. Despite the median house price, Tamarama is Known to have a large population of young renters. For those people unable to buy just yet, the achievable rental prices, bustling atmosphere and nearby public transport make Tamarama too good to refuse.

  1. Dawes Point, NSW (median house price $3,750,000)
dawes point sydney suburb australias most expensive

Image: WhereInTheWorldIsPennyK.com

With a rich historical background, Dawes Point was used to protect The Cove from foreign invaders. Although the original Fort has since been removed, you can still find 5 cannons on display.

Considered Sydney’s most desirable waterfront suburb, Dawes Point is located walking distance from the CBD and the iconic Rocks area. The suburb itself has a tiny community of only 544 people, mostly made up of elite singles and retired couple. Dawes Point provides the perfect relaxing suburban vibe while still keeping a metropolitan lifestyle at your fingertips.

  1. Cremorne Point, NSW (median house price $4,100,000)
Cremorne Point sydney subur australias most expensive

Image: BestSydneyWalks.com

Located between Mosman Bay and Kurraba Point on the Lower North Shore of Sydney, Cremorne Point is only 6kms from the CBD and boasts breathtaking Opera House views. Being so close to the city, it is pleasantly surprised to find such a lush atmosphere of native plants and gardens throughout Cremorne Point. If you want to truly experience the architecture and natural beauty of this suburb, there are plenty of walking tracks to explore.

  1. Toorak, VIC (median house price $4,169,000)
melbourne toorak victoria most expensive australia

Image: Smh.com.au

The first and only Melbourne suburb on the list. Toorak is known for its large provincial style properties and it’s neighbouring shopping hot spot, Chapel Street. With large land sizes and a vast array of elite schools nearby, this affluent suburb is top of the list for established Melbourne families. Of course, tennis court and lap pool included.

  1. Vaucluse, NSW (median house price $4,200,000)
vaucluse nsw sydney suburbs most expensive

Image: ArentPyke.com

Situated on the top of Sydney’s ocean cliffs, Vaucluse has made its way into the most affluent suburbs list time and time again. Amongst the historic properties and spectacular clifftop views, you will find Nielson Park is also a popular scenic hotspot for Vaucluse locals.  

  1. Bellevue Hill, NSW (median house price $4,550,000)
bellevue hill sydney nsw expensive suburbs


A leafy tree lined suburb neighbouring Double Bay. Bellevue Hill is only 5km from the CBD and within reach of Sydney’s best school district. The large scale properties are known for high ceilings and ample space, perfect for anyone who wishes to upscale with a little extra room for entertaining guests.  

Residents of Bellevue Hill are never short of things to do, with Bondi Junction, Rose Bay boutiques, golf courses and bowls clubs all at your fingertips.    

The wait is finally over. Find out which Sydney Suburb has made No. 1 position!

  1. Darling Point (median house price $6,812,500)
darling point sydney suburbs most expensive harbour view

Image: LuxuryPortfolio.com

Darling Point topped the list coming in at almost 2 million dollars higher median price than Bellevue Hill in second place.

Popular with buyers on the hunt for enviable views, Darling Point is situated between Double Bay and Rushcutters Bay and is surrounded by water on three sides. Naturally, a clear view of Sydney Harbour Bridge is a given with this kind of price attached. Darling Point is the hub of open plan living spaces, modern designs and of course, a place to park your boat.

Despite the large scale properties, Darling Point is more popular to established singles and retirees rather than families. There is never a dull moment in Darling Point, whether you’re searching for a local cafe or an outdoor cinema you can find it all – and more – at Darling Point

By now you are probably feeling won over by one of these top 10 Australian suburbs. If you’ve been thinking of making the move to Sydney, Melbourne, or Perth there is definitely an opportunity for you to upscale. While each suburb has its own standout features, it is evident that Sydney has topped the list this time. With the promise of harbour views in an elite community, it is easy to see why making the move to Sydney is an exciting and well-deserved life change.

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