Australia's most expensive suburbs will shock you with how much they cost. Image: Canva. Australia's most expensive suburbs by median house price are all concentrated in Sydney, the most expensive city in Australia, and one of the most expensive in the world.
Bellevue Hill, Sydney
It takes out the title as the most expensive suburb in Australia, and for good reason.
Sydney. Sydney rounds out the top 10, with 126,900 millionaires. This makes the city Australia's wealthiest.
No suburb in the country features a greater concentration of members of The List – Australia's Richest 250 than Toorak, where Melbourne's wealthiest families have gathered for decades. Think historic looking mansions guarded by large hedges set back from the street to ensure privacy.
Mungallala Methodist Church was built in 1964. It has now closed. In 2016, the Australian Taxation Office listed Mungallala as having the lowest mean taxable income by postcode, making it the poorest town in Australia, which led the ABC to do a documentary on the town for their online "storyhunters" program.
With 126,900 millionaires, Sydney made it to number 10 with the report noting especially strong growth in wealth in the Harbour City over the past 20 years, making it Australia's wealthiest city. It's also predicted to reach the top 5 wealthiest cities in the world by 2040.
The most expensive house in Australia was sold for $130 million in 2022. Australia's most expensive home sold, however, was at One Sydney Harbour for $140 million. The median house price in Point Piper is now $9.9 million.
Loyola, Los Altos, California
The richest neighborhood in America is Loyola, California. The average household income in Loyola is $326,069, with the median income a little lower at $246,563. The median listing price is $3,899,000.
Queens Park is one of the most amazing and quiet cities to reside in Australia. Upper Caboolture In Queensland is a perfect place for lovers of a quiet environment. Apart from being a peaceful and relaxing area, it also provides residents with important amenities.
Five of the country's top 10 richest towns are located in Western Australia, according to the latest census data, with Dampier taking the top spot with 22% of its residents earning more than $4,000 per week.
From the iconic Chadstone Shopping Centre (Australia's largest shopping centre) and Chapel Street, to fashion destinations such as Collins & Little Collins Streets and the indie boutiques in Fitzroy and Collingwood, it's safe to say that there is most definitely no shortage when it comes to fashion destinations in ...
1. Sydney. Modern and sophisticated, Sydney is one of the best cities for tourists to visit on a tour to Australia.
New research by Compare the Market has named the most cost-effective cities to live in based on factors such as the average income, utility costs, grocery costs and apartment costs. Melbourne was crowned the most cost-effective city in Australia, scoring 3.36 out of 5 stars.
Canberra remains Australia's most expensive capital city in which to rent a house at a median cost of $690 per week, ahead of Sydney on $660, according to the Domain Rent Report March 2023 Quarter released today.
1. Gina Rinehart, $37.41 billion (up $3.39 billion) Another year, another Rich List crowning Gina Rinehart as Australia's wealthiest person. 2023 marks the fourth consecutive year the mining magnate has held that mantle.
The large majority of Australia's 131 billionaires live on the east coast, with 44 choosing to reside in NSW. The List is the biggest annual study of Australia's 250 wealthiest individuals undertaken in this country, with final wealth figures calculated to late February 2022.
Welcome to Australia's poorest town: Mungallala, Queensland — average annual income $3,148.
The Outback is a remote, vast, sparsely populated area of Australia. The Outback is more remote than the bush.
Outlandish as it may seem, the lavish spending has become commonplace within the inner circles of Sydney's community of wealthy Chinese. Billionaires from mainland China, Hong Kong and Singapore, along with homegrown Asian tycoons, have turned the Harbour City into their playground.