The Sydney suburbs where homebuyers spare no expense

March 24, 2024
Alan Weiss

In the fiercely competitive world of highly-coveted lifestyle suburbs, the scarcity of available homes triggers a frenzy.

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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Disclaimer: This article and its content were written by Alan Weiss. Readers should undertake their own independent investigations and seek professional advice before making any decisions based on the information provided.

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