In the fiercely competitive world of highly-coveted lifestyle suburbs, the scarcity of available homes triggers a frenzy. Bellevue Hill and Vaucluse are at the forefront, each boasting a median house price of approximately $14,000 per square meter of land. Meanwhile, buyers in Paddington, Darlinghurst, Surry Hills, and Woollahra eagerly snap up smaller homes and terraces, paying over $20,000 for just one square meter of land.
For those in pursuit of luxury, Sydney’s eastern suburbs offer prime opportunities. Double Bay, Bellevue Hill, Bronte, and Tamarama stand out with property values having tripled over the past decade, now surpassing $100,000 per square meter.
| Suburb | Per SQM | Per SQM change 12 months |
| Bondi Beach | $14,957 | |
| Bond North | $16,968 | 1.30% |
| Bronte | $16,430 | 4.80% |
| Bondi Junction | $18,571 | 17.10% |
| Double Bay | $18,717 | |
| Darlinghurst | $25,065 | 4.10% |
| Dover Heights | $15,561 | 5.30% |
| Queens Park | $15,339 | −13.1% |
| Paddington | $27,440 | 7.80% |
| Redfern | $16,842 | 0.10% |
| Surry Hills | $24,352 | 20.30% |
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