Most expensive house in sydney Median Weekly Rent: $2,394 $130m: ‘Buyer’ of Sydney’s richest house revealed. So, exactly how much is a house in Sydney? As of January 2024, the median house price in Sydney is approximately $1. However, cities like Sydney and Melbourne are often considered the most expensive due to their high property prices. It is known for its stunning waterfront views of the Harbour Bridge. This year kicked off with news of a new record house sale of $130m in Australia’s most expensive suburb, Sydney’s harbourfront haven of Point Piper, when the co-founder of tech success Atlassian Scott Farquhar became the proud Unsurprisingly, the most expensive pockets in Australia are located in Sydney, with the top pockets in Vaucluse, Bellevue Hill, Rose Bay, Point Piper, and Bronte. The median sale price for houses in Darling Point is an astronomical $9. Located in Sydney CBD, the ANZ Tower is a prestigious commercial building, and this home is the Sydney; City East; Australian house price record to be smashed by $60m with $200m sale. Updated 1 May 2024, 11:36am. However, some real estate agents have questioned the eligibility of the transfer of As the most expensive suburb in Australia, Bellevue Hill continues to lead, solidifying Sydney’s position as the leader in the country’s luxury real estate market. The hammers have fallen and the cheques dished out: here are the most expensive sprawling mansions in Sydney. If you are looking for the richest suburbs in Sydney, be it for your residence or just for a visit, you are at the right place. The median house values in Sydney are around $1,360,543, according to CoreLogic’s data collected in December 2021. Share. 10 Ginahgulla Road, Bellevue Hill NSW 2023 The median house price of $8. For comparison’s sake, Hong Kong sees median house prices some 23 times the average household income. Australia’s most expensive house sale is the $100 million Point Piper estate Fairwater, sold in 2018 by the Fairfax family to Sydney’s most expensive penthouse is for sale, offering up the best view in the country for a $100 million price tag. Price: $39 Million An incredible nine-bedroom penthouse has been crowned Australia’s most expensive home, selling for more than $140 million. Sydney’s Eastern suburbs houses some of the most expensive homes in Australia. Luxury. Skip to content. Topping the sales was the trophy home at 38A Wentworth Road in Vaucluse , which sold for $62. Sydney is undeniably the city of gorgeous and very costly houses, therefore, we’ll talk about the ten most expensive Sydney houses today. The mega-mansion is proposed to spread across three titles, two of which were once slated to be developed into a block of luxury One of the world’s most significant homes, ‘Wingadal’ in Sydney’s exclusive Point Piper is offered for sale. The median sale price for houses in Darling Point is an astronomical $8. It's also one of the most expensive suburbs to rent in Sydney for houses with a weekly median rent of $2,200. au. The most expensive house sold in 2020 for Sydney was a Vaucluse mansion, going for above $20 million. The kicker? The penthouse apartment was recently sold for $140 million, claiming the title of Australia’s most expensive home. Stephen Nicholls, Property Journalist . Data shows that Sydney’s harbourside suburb of Vaucluse is Australia’s most expensive place to rent a home with the median weekly rental costs sitting at a whopping $2,950. The top ten was dominated by homes in some of Sydney and Melbourne's most expensive suburbs including Bellevue Hill and Vaucluse in Sydney's east and Hawthorn and Toorak in Melbourne. 08-hectare block and offers luxury living with sprawling Sydney is home to some of the most luxurious and exclusive suburbs in Australia, attracting buyers who are drawn to its stunning views, premium amenities, and sophisticated lifestyle. Sold for $95 million in 2020, it is the second most expensive house Sydney’s most expensive home in 2022. The median rent for a house in Tamarama is $2,300 per week for houses and $1,050 for units. ‘Wingadal’ is the largest waterfront estate off Australia’s premier residential address, encompassing 2676 sqm of land and 98-metres of harbour frontage with front row views of the Sydney Opera House and the Harbour Bridge. Back to Sydney’s Eastern Suburbs, Elizabeth Bay is the 20 th most expensive suburb in Sydney, with a median house price of $3,400,000. The 800 square metre two-storey penthouse in the Crown Hotel at Barangaroo overlooks the Sydney Harbour in its entirety, with a widespan view of the city. This reflects a dynamic property market that has been experiencing fluctuations, with Sydney house prices having Some trophy home owners look to have been spared the worst of the broader market housing value falls after this waterfront mansion sold in the ’high $30 million range’. Located just three kilometres east of the CBD, there is insufficient data to calculate an accurate house median price. “If this house was on the waterfront in the eastern suburbs, it would be a $120 million house,” he said. Going under the hammer over the David Penn, a Sydney dentist bought his home in Point Piper for a net worth of $53 million and ranks third as the most expensive house in Australia. Agent Alison Coopes, who sold Tirrikee, refused to comment on the sale, but said one of the reasons luxe harbour homes were attracting such high prices was due their scarcity. 1. In December 1978, a mystery buyer offered $1. 5 million for a mansion in Elizabeth Bay. News Room October 16, 2017. Skip to content . While that price itself can’t compete with the top prices in Sydney – Australia’s once-most expensive house Boomerang, which starred in Mission Impossible II, sold to relatively little fanfare last month for $80m – it is Craven’s At that price, the sale ranks among Sydney's top six house sales, while becoming the second most expensive non-waterfront house in the country. It has the quintessential Sydney postcard view across Campbells Cove to the Opera House and up towards the Harbour Bridge. Is it cheaper to build or buy a house in Sydney? The street comprises 52 units, 1 townhouse, 51 houses and 10 other dwellings, the prices of which routinely fetch in the 10s of millions for houses and over a million for a 1 bedroom apartment. 7A Bellevue The title of Australia’s most expensive house now belongs to Coonac, a historic mansion in Toorak, Melbourne. Villa del Mare, Point Piper. 3million. It is located on the eastern shore of Sydney Harbour and is known for its beautiful beaches, surf breaks, and stunning views. Some of the most expensive apartments in the city can be found in Darling Point and the median sale price is an astonishing $2. The property, known as ‘Edgewater’ has a rare 40 Edgewater, in Point Piper $95 million; Fifth on the list is Edgewater, situated on Wolseley Road in Point Piper, is a standout in Sydney’s luxury real estate market. This suburb’s prestige comes from its waterfront properties, stunning harbour views, and proximity to the CBD. Properties; We’ll give you a clue—it was 1/16th of Sydney’s most expensive property and $30 million less than Melbourne’s! When it comes to buying property, the golden rule is In fact,16 of the top 20 most expensive suburbs are all nestled in Sydney’s affluent eastern suburbs. Liane Moriarty is the Sydney born novelist who has sold about 20 million copies of her books. Top schools such as SCEGGS, The Scots College, and Cranbrook School are located in affluent areas. One of Sydney’s leading prestige property valuers, Simon Feilich, of Dyson Austen Advisory, who helped compile the list of 10 sales, says there’s been a “contraction” in the total value of the top A new contender for the title of "most expensive house in Australia" is set to take shape on the Point Piper waterfront. The most expensive place to buy a house in Sydney is only four kilometres away from the CBD and comes with picturesque waterfront views. Darling Point has one of the most iconic waterfront residence spaces, and is a place that provides people with the ultimate lifestyle The median housing price for this suburb is around 7. The house is known as UIG Lodge and it sold for $130 million in In 2020, the Wolseley Road property in Sydney’s blue-ribbon locale of Point Piper sold for $95 million, becoming the second most expensive house sale on record. In 2020, the most expensive house sold in Sydney was It’s currently the most expensive listing across Australia. 3 Lindsay Avenue in Darling Point was Sydney’s most expensive house sale in 2022. 16 million. Inside Paddington’s most expensive home Mother-and-daughter team Jacqueline Bailey and Lilly Van Lent have listed their Versailles-inspired trophy home in Sydney’s east for $16. In recent years, residential properties sold for up to $140 million. According to new data released by Domain, Sydney's eastern suburbs are some of the most desirable when it comes to renting houses – but those coastal views come at quite a cost. The most expensive streets in Sydney. If you’re in the market for high-end real estate, understanding the most expensive suburbs in Sydney is essential. But it’s not just the views pushing these areas into the top 10 list for both houses and apartments, lifestyle amenities like swimming pools and outdoor spaces are also drawing Sydney’s most expensive homes don’t come cheap, given a $60 million bottom line just to make the top 10 list, so it is somewhat refreshing to see local fashion designer-made-good Nicky The average cost of buying a house in Sydney. In 2020, the Wolseley Road property in Sydney’s blue-ribbon locale of Point Piper sold for $95 million, becoming the second most expensive house sale on record. CoreLogic’s 2022 Best of the Best report revealed the most expensive houses sold this year, with Sydney properties dominating the list. Australia's most expensive house has been snapped up by a consortium of investors – and their rumoured plans for the property may sadden some Sydneysiders. Last year, Sydney ranked as the most expensive city in Australia to build a home. The results were based on a survey of more than 10,300 respondents by Flatmates. The five-bedroom, five-bathroom house is the most expensive house sold in Mosman this year, to date. Grand harbourfront estates and mansions line the waterfront streets offering breathtaking panoramic views across Sydney Harbour. Cost: $71 million. One might ask, are houses expensive in Perth?Well, some certainly can be. The ‘buyer’ of Australia’s most expensive house, sold for an eye-watering $130m – more than 100x our average home price – has In this video, we will look at the most expensive houses in Sydney, Australia!- Follow me on Instagram and TikTok here:https://www. Here are the top five most expensive Suburbs near Sydney’s most expensive schools like Rose Bay and Bellevue Hill have the highest property values. While the median price for a house is just under $10 million, wealthy . Median house price: $2,100,000; Median unit price: $1,025,000; The five-bedroom, five-bathroom house in Tivoli Avenue, Rose Bay secured the top recorded sale for the year back in June, with an exceptional waterside position prompting the record price. jayinfluencer. 1 million, making it the country’s most expensive apartment ever sold at auction. that comes with uninterrupted views of Sydney Harbor and the Sydney Opera House, has come onto the market for A$60 million The views from the rooftop pool to the Sydney Harbour Bridge. Located on Seven Shillings Beach, the 6,968 square The most expensive house in Sydney is located in Point Piper, a suburb on the lower North Shore of Sydney. It’ s estimated to be worth $8. Australia's most expensive schools in 2025 revealed with Sydney, NSW and Victoria dominating, Sending a child through Year 12 at Reddam House in Sydney will cost you $47,523 in 2025. One of Australia's most elite and expensive postcodes. 3 million Unit Price: $2. Its picturesque, leafy streets are lined with luxurious homes and apartments, creating a glamorous atmosphere Anyone with money wishes to spend their life in luxury in this beautiful city. Contact Support 1300 799 109 Take a look at the top tier of the nation’s residential real estate and the most expensive properties sold. Source: PropTrack; Suburb: State: Region Median AVM: Vaucluse: NSW: All the suburbs on the list are the most sought-after suburbs in Sydney and have the price tags to prove it. 88 million with rent coming in at $2,500 a week. 6 million for a water-view house in Sydney’s In 2020, the Wolseley Road property in Sydney’s blue-ribbon locale of Point Piper sold for $95 million, becoming the second most expensive house sale on record. 3 Lindsay Avenue, Darling Point, Sydney, NSW. 3 million It is the most expensive home ever auctioned in Queensland and the second priciest to go under the the Australian auction record was $24. It’s somewhat unsurprising though given that the median house price in the area comes in at Is this Australia’s most expensive house? A Sydney waterfront mansion owned by Singaporean businessman Mr C K Ow has just been listed by Ray White Double Bay and may break the Australian house price record. Elaine, Point Piper, $71 million The Most Expensive Houses in Sydney, Australia . The most expensive non-waterfront house sale is next door to the Landerer home and is known as La Mer, which was built on a consolidation of three houses by James Packer and sold for $70 million in 2015 to Chinese Australia’s 10 most expensive houses Bomera sold for almost $35m to Sanjeev Gupta Tower 2 is planned to include 297 apartments and spread through 60 levels with a glazed pedestrian walkway 7 Most Expensive Houses Sold in Perth. Here, we explore the top Sydney suburbs with the most expensive rentals, drawing on data from CoreLogic, Domain, and Realestate. All these waterside locales are the most exclusive suburbs in Australia, but each has a pocket where the houses have a price premium on them due to their specific location. Best of 2023; Property; Residential; Explainers; How Australia’s most expensive house went from $1m to $130m. With these Sydney homes drawing more attention from the rich and famous, they sell for incredibly high prices. A four-bedroom apartment on Sydney’s iconic Bondi Beach has just been unloaded for a whopping AUD$20. 13 million a year. Wunulla Road, Point Piper, $18 Million. Perhaps that’s partly why it took so long to sell! MORE: Top 10 most expensive beach suburbs - houses. This 3-storey mansion at 19 Burrabirra Avenue, Vaucluse has 5 bedrooms, 4 bathrooms a pool and rooftop spa, but only 2 car spaces. Elaine, Point Piper, $71 million As Aussie home prices continue to push skyward, especially at the top end of the market, we could see the country’s first $200m home. The record price for the property in the One Sydney Harbour project in Barangaroo South tops the $100 million paid by Atlassian co-founder Mike Cannon-Brookes for Point Piper estate Fairwater in 2018. Bellevue Hill — $6,400,000 Sydney’s most expensive house sold to date remains the Point Piper estate snapped up by billionaire Atlassian co-founder Mike Cannon Brookes for $100 million in 2018. Ouch, my eyes are stinging! Apartments average $900 per week. com. The remaining 7 can be found in Tamarama, Vaucluse, Bellevue Hill and Mosman. Double Bay tops the list for most expensive beachside units with a median value of $1,938,309. After spending more than $18 million for his new Wunulla Road mansion, South African Nando’s billionaire Dick Enthoven became the There is nothing more exciting for a young professional than owning a house. 99 million, or $1. This Italianate-style estate, built in 1867, sits on a 1. Top three floors, Tower 1 in One Sydney Harbour, NSW What is the most expensive state to buy a house in Australia? The most expensive state to buy a house in Australia can vary depending on factors such as location, demand, and market trends. With a median house price of $9,000,000, Bellevue Hill exemplifies the luxurious With each record-breaking sale, the eastern suburbs of Sydney take the top spot on the list of most expensive properties. Kerry Packer once broke a chair there and Paul Keating was among guests at one of A lap of luxury. Fairwater, Elaine. Image: Agency by Alison House Price: $9. 2015: $70-71 million – Sydney James Packer sold his Vaucluse property in August 2015 after he split from his wife to Australian-Chinese billionaire property developer Chau Chak Wing. Tree-lined streets, manicured gardens, and a tranquil atmosphere despite being minutes from the CBD. 2. 2019 also saw a waterfront home go for north of $20 million, but 2018 and 2017 saw some truly eyewatering mansions sold – in many senses of the word. 51 million is unaffordable for most, but a two-bedder without parking sold before auction last January for just under a quarter of that, at $2,075,000. 6 million in The most expensive street in the nation’s priciest city saw a new house price record of $130 million set late last year by tech mogul Scott Farquhar. 21 million in May 1994, delivered a total gross profit of $32. Vaucluse . Updated: 30/01/2023. The seven-bedroom, 13-bathroom mansion is set on the Vaucluse hillside. It reportedly sold for up to $150 million in February 2025, surpassing the previous $130 million record set by Uig Lodge in Sydney. Point Piper Most expensive house in Australia ($130 million) | Image credit: The Australian Median House Price: $41,750,000; Median Unit Price: $2,377,500; Point Piper, a tiny enclave nestled on the shores of Sydney Harbour, is renowned as one of the top 20 richest suburbs in Sydney and even the most expensive neighbourhood in Australia. The One Sydney Sydney’s 10 Most Expensive Houses In 2015. au, one of Australia’s House prices in Perth have now recovered but the same property, now sold 14 years ago, still holds the record for the city’s most expensive property sale. com/importan Australia's most expensive house: Wingadal in Sydney is on the market for over $200 million. A nine-bedroom Sydney penthouse currently holds the crown for Australia’s most expensive home, selling for more than $140m in 2019, located in the esteemed One Sydney Harbour at Barangaroo. The 1863-built grand estate known as Saraville in Potts Point is one of the great homes of Sydney and a record-setting $20 million to $22 million campaign is underway. Property; Residential; Luxury property; $80m Boomerang bumps off top trophy as 2023’s most expensive home. What is the most expensive suburb to rent in Sydney? The most expensive suburb to rent in Sydney is Tamarama. Renters in the harbour city are paying up to $600 per week to rent a single room in the city with 9 out of the 10 suburbs costing over $500. The house, which was bought for $3. If you’re wondering where the city's richest people are residing, here are the 10 richest streets in Sydney based on the highest house sale prices for the 2023/24 financial year. A pale pink home in Point Piper that last traded for $325,000 was Sydney’s most expensive house sale over the past financial year, going for between $80m and $85m. The country’s most expensive postcode was 2023, which covers the exclusive eastern Sydney suburb of Bellevue Hill and has a median house price of $7. “And that wasn’t even waterfront Sydney is one of the most expensive cities in Australia to buy a house. Where is the most expensive house in Get a peek at the most expensive house in Adelaide that sold in 2021 and a look at the most luxurious houses on the market. 10. We are so Sydney’s most expensive houses are be found on tree-lined streets, having the best view of the waters, beaches, or harbors—of any real estate in the world. This house in a celebrity hotspot overlooking Sydney Harbour could be about to set a property Mr Malouf said the property would easily be Australia’s most expensive if it was located in the eastern suburbs of Sydney. 8 million The most expensive place to buy a house in Sydney is only four kilometres away from the CBD and comes with picturesque waterfront views. 06 million Australian dollars and is crowned for featuring the most expensive houses. Sydney is still the most expensive city for buying a house, while much cheaper options are available in Adelaide and Perth. In fact, Point Piper is home to the top 3 most expensive streets in Sydney. The 10 most expensive house sales of the year, centred around Sydney’s inner east, represent “iconic locations and incredible homes,” says realestate. 1 King Arthur Terrace, Tennyson. Cremorne. Point Piper Median house price of $12 million. We love to flip through magazines or social media that flaunt wealthy people’s extravagant spending on their prestige homes. This prestigious One Sydney Harbour will add a complex of 808 apartments spread through three towers as a part of the urban renewal precinct of Barangaroo and will rise alongside the International Towers Sydney and Crown Sydney. In this guide, we’ll explore the city’s priciest areas, current property 1. The property, known as ‘Edgewater’ has a rare 40-metre harbour frontage, directly in front of the Harbour Bridge and Sydney Opera House. Contact Support 1300 799 109 A new list has identified the eye-watering amounts that the wealthiest Australians have forked out in 2023 for Australia's most expensive houses. Richlister businessman Paul Little and his wife Jane Hansen, were Take a look Inside the Most Expensive Penthouse in Australia. Sydney is famously known for having Australia’s most expensive houses, streets, and suburbs, with a 2022 study finding that Sydney’s median house price was some 15 times the average household income. Cremorne in Sydney is a suburb residence ideal for starting a In 2025, these top-tier suburbs continue to lead the way, attracting discerning renters willing to pay a premium for their slice of Sydney luxury. 4 million. Except for Northbridge, Point Piper, and Byron Bay, all of the top ten most expensive streets in Sydney were located in Vaucluse. Millennial entrepreneurs Alexandra and Gabriel Jakob have amassed three properties in a row and have plans to build their forever home. au’s Chief Economist, The sale of the property, owned by the prominent corporate lawyer John Landerer and his wife, Michelle, is not only the most expensive sale in Sydney this year — it’s the sixth most expensive house sale ever in Australia. The suburb areas like Point Piper, Cremorne Point, Darling Point, Vaucluse, Bellevue Hill, Tamarama, Double Bay, and Mosman are ranked in Sydney’s top 10 most expensive suburbs. 75 million in Industry sources have linked the off-market sale to Kay & Burton’s Ross Savas and Gerald Delany. 2 minutes read. It should be mentioned that one of Sydney’s typically most expensive suburbs, Point Piper, did not officially register a median house price according to Domain data last year (the data requires Brisbane’s most expensive house in 2019. Sydney’s most expensive homes. 365 million, with a modest growth over the year. This post is about the most expensive houses in Sydney, Australia. Residents enjoy Bellevue Hill, in Sydney’s eastern suburbs, has been named the most expensive suburb in Australia for houses in 2024. The cost per square metre came in at around AUD 4,400. Sadly, there are no interior pictures of the property available. First published 4 May 2024, 5:48am. . While these sales might not compare to the most expensive houses in Australia (found in Sydney and sold for $130 million), they are still impressive when you consider the relatively affordable housing prices in this capital city. The most expensive house sold in 2019 was also Karl Marris, who quietly sold his property at 1 King Arthur Terrace, Tennyson for $17. 35 million House Rent: $2,750/week Unit Rent: $1,170/week Darling Point is one of the richest suburbs in Sydney, just 4 kilometres from Sydney’s CBD. At that price, the sale ranks among Sydney’s top 6 house sales and becomes the second most expensive non-waterfront house A new research has revealed the country’s most expensive suburbs and the top ten are unsurprisingly all in Sydney.
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