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Top 10 most expensive suburbs in Australia for units

25 Mar Top 10 most expensive suburbs in Australia for units

Top 10 most expensive suburbs in Australia for units

Source RPData 

The list is based on median value for suburbs that have had at least 100 AVM observations and 10 sales over the past year.

1. Dawes Point, Sydney, Sydney, NSW

Median value: $2,415,280

Dawes Point is located at the southern end of the Sydney Harbour Bridge surrounded by The Rocks and Millers Point.

2. Point Piper, Woollahra, Sydney, NSW

Median value: $1,895,370

The harbour side suburb of Point Piper is located six kilometres east of the Sydney CBD. Point Piper is a small suburb with only eleven streets however locals have access to amenities in the neighbouring suburbs of Rose Bay and Double Bay.

3. Darling Point, Woollahra, Sydney, NSW

Median value: $1,421,921

Darling Point is a harbour side suburb located four kilometres east of the Sydney CBD. According to 2011 Census data, households in Darling Point are likely to be repaying over $4000 per month on mortgage repayments.

4. Millers Point, Sydney, Sydney, NSW

Median value: $1,226,920

The inner city suburb of Millers Point is located adjacent to The Rocks. In 2011, 34.2 per cent of homes in Millers Point were owner-occupied, compared with 29.1 per cent in 2006.

 5. Cabarita, Canada Bay, Sydney, NSW

Median value: $1,191,102

Cabarita is located 16 kilometres west of the Sydney CBD. At the time of the 2011 Census, households in Cabarita were primarily couples with children and 79.3 per cent of homes were owner-occupied.

6. Milsons Point, North Sydney, Sydney, NSW

Median value: $1,128,607

Milsons Point is located at the northern end of the Sydney Harbour Bridge approximately 3 kilometres north of the Sydney CBD. The suburb is home to Luna Park and the North Sydney Olympic Pool.

7. The Rocks, Sydney, Sydney, NSW

Median value: $1,079,725

The Rocks is a popular suburb immediately north-west of the Sydney CBD. The suburb offers views of the Harbour Bridge and is close to Circular Quay which is a major transport hub for ferry, rail and bus services.

8. Cremorne Point, North Sydney, Sydney, NSW

Median value: $1,029,538

The harbour side suburb of Cremorne Point is located 6 kilometres north of the Sydney CBD. In 2011, 49.5 per cent of Cremorne Point homes were owner-occupied.

9. Tennyson, Brisbane, Brisbane, QLD

Median value: $1,024,147

Tennyson is the only suburb outside of Sydney to make the top 10 this month. The suburb is situated along the Brisbane River approximately 7 kilometres south of the Brisbane CBD.

10. Huntleys Cove, Hunters Hill, Sydney, NSW

Median value: $1,013,153

Huntleys Cove is located 9 kilometres north-west of the Sydney CBD. According to 2011 Census data, houses in Huntleys Cove are primarily childless couples are likely to be repaying over $4000 per month on mortgage repayments.

Steve Day
steve@steveday.com.au

Steve Day offers over 20 years of experience in the real estate, property and building industries. Already an award winning agent with some of the large franchise groups, Steve specialises in properties located in Cronulla, Burraneer, Lilli Pilli and the surrounding suburbs. A naturally gifted communicator and negotiator, Steve is committed to his clients’ success and relishes the opportunity to be a part of a sales campaign from start to finish. Throughout his career he has achieved an outstanding track record having held the position of top selling principle in Sydney's South and ranking in the top 10 throughout NSW. Known in the industry as a sales, auctioneer and marketing specialist, his impeccable reputation and extensive experience has secured the position as the leading force behind hundreds of successful auction and marketing sales campaigns. His ability to coach and mentor has allowed him to consistently exceed both his clients and fellow co-workers expectations by creating exceptional property outcomes through his determination and competitive spirit. Friendly and approachable at all times, Steve brings expertise, energy and enthusiasm to each property he represents.

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