20 Most Expensive Suburbs in Sydney 2024
Point Piper
Median house price of $12 million.
One of Australia’s most elite and expensive postcodes. Grand harbourfront estates and mansions line the waterfront streets offering breathtaking panoramic views across Sydney Harbour. Tree-lined streets, manicured gardens, and a tranquil atmosphere despite being minutes from the CBD. Residents enjoy easy access to the Harbour for boating/sailing and Royal Sydney Golf Club. An enclave for Sydney’s ultra-wealthy and celebrity set.
Darling Point
Median house price of $10.35 million.
This small yet exclusive harbourside suburb adjoins Point Piper. Winding streetscapes with heritage mansions and some of Sydney’s most prestigious real estate overlooking the sparkling harbour. Darling Point Reserve is a popular spot for picnics and gatherings. The area has a village-like feel with local cafes and boutiques, yet is walking distance to the boutiques and dining of Double Bay. An aspirational address for many.
Bellevue Hill
Median house price of $9.57 million.
Nestled in Sydney’s eastern suburbs, this affluent area is known for its grand estate homes on beautiful tree-lined avenues like Ginahgulla Road. Historic mansions like the Gothic-style Rona owned by the Fairfax family sit alongside newly-built architectural masterpieces. A laid back yet sophisticated atmosphere with the upmarket Bellevue Hill Village shops/cafes as a focal point. Low housing turnover as residents tend to be long-term.
Vaucluse
Median house price of $8.72 million.
Iconic waterfront living with harbourside reserves and beaches like Kutti Beach and Parsley Bay. Prestigious estates and contemporary mansions grace winding streetscapes offering panoramic Sydney Harbour Bridge and Opera House vistas. Vaucluse House is a popular historic estate with tea rooms set within manicured gardens and grounds. An exclusive yet laid back harborside community.
Woolwich
Median house price of $7.5 million.
A picturesque harbourfront suburb on a peninsula jutting into Sydney Harbour. Historic sandstone cottages and waterfront reserves dot the streetscapes. The Woolwich Dock offers waterside cafes and parks, while clubs like the Woolwich Baths provide facilities for residents. Tranquil ambiance while still being a 20 minute ferry commute to the city centre.
Centennial Park
Median house price of $7.46 million.
Not a suburb but this vast 189-hectare parklands in the inner east provides a green oasis for nearby residents of suburbs like Paddington, Woollahra and Randwick. Popular for running, cycling and horse riding along scenic trails. Formal gardens and ponds as well as sports fields. A draw for families seeking open space so close to the city.
Tamarama
Median house price of $7,425,000.
Compact but charming oceanfront village positioned between two headlands. Luxury apartments cling to the cliffs offering uninterrupted Pacific Ocean views. Famous for its small but iconic beach, coastal walks and seaside park areas. Hip cafe culture along Tamarama Marine Parade with a close-knit community vibe.
Dover Heights
Median house price of $6.4 million.
Perched atop sandstone cliffs in Sydney’s east, this exclusive suburb offers residents mesmerising views across the Pacific Ocean and Sydney Harbour. Multimillion-dollar contemporary homes and grand estates are dotted along streets like Portland St and Bulga Rd. Clifftop walkways like the iconic Bondi to Bronte coastal trail are popular with locals and tourists alike. Easy access to beaches like Bondi and the upscale shops/dining of surrounding suburbs.
Longueville
Median house price of $6.4 million.
A peaceful and leafy harbourfront suburb located on a peninsula bordering the Lane Cove River. Winding streetscapes are lined with heritage sandstone cottages and grand federation homes taking advantage of water vistas. Reserves like Longueville Sporting Club offer swimming, tennis and other recreational facilities. Bushwalks and the waterside Longueville Village add to the community village feel.
Double Bay
Median house price of $6.17 million.
This stylish harbourside village in Sydney’s east has a cosmopolitan European flair. Trendy cafes, upscale boutiques and fine dining along pedestrianised laneways and the central Bay Street. Glamorous Art Deco apartments mix with grand federation homes, many offering Sydney Harbour and city skyline views. The waterfront area of Redleaf features marinas and a poolside cafe popular year-round.
Bronte
Median house price of $5,775,000
World-renowned for its picturesque ocean beach and grassy fore shores, this relaxed village is highly family-friendly. A mix of apartment living and free-standing homes, many heritage terraces in streets sloping down to the sand. The laidback cafe culture surrounding Bronte Road adds a boho-chic vibe. Easy access to the scenic coastal walk to Bondi and Tamarama.
Palm Beach
Median house price of $5,137,500
Sydney’s northernmost suburb at the end of a long peninsula. A former vacation destination now residential yet still retaining an upscale holidaymaker’s ambiance. Surf beaches, harbours, and inlets frame luxury waterfront homes and estates set amid bushland. Quiet and private, yet a favoured getaway for the rich and famous away from the city. Golf courses like Pittwater Golf Club add to the resort feel.
Mosman
Median house price of $5.02 million.
One of Sydney’s most desirable and prestigious Lower North Shore suburbs. While only 15 minutes from the CBD, Mosman feels like an idyllic harbourside village. Historic Federation homes line streets like Shadforth Street overlooking Sydney Harbour. Balmoral Beach is a huge draw with its bathing pavilion and promenade dining. Mosman Wharf and Spit Rd offer scenic walking trails and waterside cafes. Excellent private and public schools contribute to the family-friendly atmosphere.
Rose Bay
Median house price of $4.98 million
Elegant harbourside living defined by marinas, parks and oceanfront pools. A diverse mix of housing from luxury Art Deco apartments to grand estates and contemporary masterpieces, many capturing world-class Sydney Harbour Bridge views. The Rose Bay retail and cafe strip has a European seaside vibe. Lyne Park is a popular waterfront reserve with sandy beaches and grassy areas.
Clontarf
Median house price of $4,633,300
Idyllic beachside peninsula suburb, offering the quintessential Sydney lifestyle. Sandy beaches like Clontarf Reserve, hidden coves and marina berths alongside boutique shopping and dining around Clontarf Village. A tranquil yet lively community vibe with plenty of families and water recreation including sailing clubs. Luxury waterfront homes tucked into bushland pockets with idyllic harbour views.
Clovelly
Median house price of $4,812,500
Clovelly is a small and incredibly picturesque beachside suburb in Sydney’s eastern suburbs. Despite its compact size, it offers an idyllic coastal village lifestyle for residents. The main attraction is undoubtedly Clovelly Beach – a tranquil and somewhat hidden gem nestled between two rocky headlands. The beach features a long concrete beach pool flushed by the ocean, making it a perfect spot for families to swim safely in calm waters. Grassy foreshores provide ample space for picnics and recreation.
Northbridge
Median house price of $4,720,000
This small pocket is nestled along a peninsula jutting into Sydney Harbour, offering residents stunning water views and easy access to foreshore parks and reserves. Many streets are lined with heritage sandstone cottages and large Federation homes taking full advantage of the harbour vistas. Northbridge features a small village centre with upmarket shops, cafes and restaurants clustered around Sailors Bay Road. This retail strip has a charming coastal village atmosphere.