Sydney’s luxurious suburbs remain some of the most desirable locations for high-end property buyers worldwide. Throughout 2025, several suburbs continue to dominate the market as the most expensive Sydney suburbs, offering a blend of prestige, breathtaking waterfront views, world-class amenities, and unparalleled access to the CBD. These expensive suburbs are home to grand estates, architecturally stunning residences, and exclusive communities that cater to the ultra-wealthy.
Many properties in these suburbs (especially those in a higher price bracket) rarely come onto the market, making it essential to have an experienced and well-connected buyers agent on your side. The team at Rose & Jones provides clients with exclusive access to off-market listings and properties before they hit the market, giving them a competitive edge and the first opportunity to secure their slice of Sydney’s luxurious real estate.
We’ll explore the most expensive suburbs in Sydney, delving into what sets them apart, from their premium lifestyle offerings to their record-breaking property prices. Whether it’s the appeal of harbourside mansions, private beach access, or proximity to Sydney’s finest dining and entertainment, these luxurious suburbs continue to define prestige living at its finest.
Where Are Sydney’s Most Expensive Suburbs?
Sydney’s most expensive suburbs are located throughout the city, with prime areas in the Eastern Suburbs, North Shore, Inner West and Northern Beaches. Iconic neighbourhoods such as Point Piper, Vaucluse, and Mosman offer a lifestyle of unparalleled luxury, combining stunning waterfront views, exclusive amenities, and exceptional privacy. These sought-after areas are the epitome of high-end living in Sydney, attracting affluent buyers looking for the ultimate in both comfort and prestige.
Regions
The Eastern Suburbs
Sydney’s Eastern Suburbs are renowned for their affluence, natural beauty, and proximity to the central business district. The area boasts higher median household incomes compared to the state average. Property in the Eastern Suburbs is among the most expensive in Australia, with Wolseley Road in Point Piper having a median house price of $45 million, making it the nation’s priciest street. The region also features iconic landmarks such as Bondi Beach and Randwick Racecourse, contributing to its unique appeal.
Point Piper: Sydney’s Pinnacle of Luxury Living
Point Piper, located just 6 kilometres from Sydney’s city centre, has long been regarded as the city’s most expensive suburb. Renowned for its multi-million-dollar waterfront properties and breathtaking panoramic views of Sydney Harbour, it epitomises luxury living. With growing demand, property values in Point Piper have seen a notable increase over the past year.
Suburb Stats
- Median house price: $15.2 million
- Popular features: Exclusive waterfront homes
- Recent Growth: Significant rise in demand
- Sold in past 12 months: 22
Bellevue Hill: Iconic Views and Grand Estates
Bellevue Hill, situated just 5 kilometres from Sydney’s city centre, perfectly combines luxury and convenience. Renowned for its proximity to the CBD and prestigious schools, the suburb boasts spacious homes and stunning harbour views. It continues to attract high-net-worth individuals seeking a private retreat in a central location.
Suburb Stats
- Median House Price: $8.6 million
- Popular Features: Elevated views, elite schools
- Recent Growth: Properties with large land
- Sold in past 12 months: 77
The Inner West
The Inner West of Sydney is a highly desirable area, reflected in its property prices. As of late 2024, the median house price is around $1.6 million, well above the Sydney-wide median of $1.2 million. The region’s popularity is driven by its proximity to the CBD, vibrant cultural scene, and well-connected transport. Gentrification in suburbs like Marrickville, Newtown, and Balmain has led to annual price increases of up to 20%, further fueling demand. The limited housing supply and a mix of professional and family buyers contribute to the high property values within the area.
Balmain: A Blend of Heritage and Trendy Living
Balmain, located just 5 kilometres from Sydney’s city centre, is known for its charming heritage homes and vibrant village atmosphere. With its leafy streets, waterside views, and proximity to the CBD, it remains one of the most desirable suburbs for those seeking a mix of character, convenience, and modern living.
Suburb Stats
- Median House Price: $2.5 million
- Popular Features: Heritage homes
- Recent Growth: Demand for stylish homes
- Sold in Past 12 Months: 200+
Marrickville: A Vibrant Urban Oasis
Marrickville, located just 7 kilometres from Sydney’s city centre, has evolved into one of the city’s most trendy and vibrant suburbs. Known for its eclectic mix of culture, food, and art, Marrickville offers a blend of inner-city convenience with a strong community vibe. The luxury suburb has seen an influx of young professionals and families, attracted by its affordable housing options and proximity to public transport.
Suburb Stats
- Median House Price: $1.9 million
- Popular Features: Diverse food scene
- Recent Growth: Ongoing gentrification
- Sold in Past 12 Months: 350+
Northern Beaches
The Northern Beaches of Sydney are known for their stunning coastline and relaxed lifestyle, making it one of the city’s most expensive areas. As of 2024, the median house price is $2.5 million, well above the Sydney average. The region’s popularity is driven by its beaches, outdoor lifestyle, and excellent schools, attracting affluent buyers. Exclusive suburbs like Palm Beach and Manly offer ocean views and spacious properties, with limited housing stock keeping prices high and growth rates reaching 15% annually.
Palm Beach: Coastal Prestige and Tranquility
Palm Beach, located approximately 41 kilometres north of Sydney’s city centre, is the epitome of coastal luxury. Famous for its pristine beaches, exclusive clifftop homes, and unparalleled ocean views, Palm Beach offers a secluded lifestyle in an elite suburb with all the benefits of proximity to the city. It’s a haven for those seeking privacy, elegance, and a unique blend of natural beauty and luxury living.
Suburb Stats
- Median House Price: $5.8 million
- Popular Features: Breathtaking ocean views
- Recent Growth: Demand for waterfront homes
- Sold in Past 12 Months: 120+
Manly: Beachside Living with Iconic Views
Manly, located just 17 kilometres from Sydney’s city centre, offers a perfect blend of coastal living and city convenience. Known for its stunning beaches, vibrant lifestyle, and easy access to the CBD via ferry, Manly remains one of Sydney’s most expensive suburbs for those seeking a mix of relaxation and luxury. With its picturesque beachfront and bustling cafés, it continues to attract both families and professionals looking for a beachside lifestyle with all the amenities of city living.
Suburb Stats
- Median House Price: $3.4 million
- Popular Features: Beachfront properties & views
- Recent Growth: Proximity to the beach
- Sold in Past 12 Months: 200+
The North Shore
The North Shore of Sydney, Australia, is a highly sought-after region known for its leafy suburbs, prestigious schools, and stunning natural landscapes. Stretching from the iconic Sydney Harbour Bridge through to the tranquil bushlands of Ku-ring-gai Chase National Park, the North Shore offers a harmonious blend of urban convenience and relaxed, family-friendly living.
Mosman: Sydney’s Harbourfront Gem
Located on the Lower North Shore, just 8 kilometres from Sydney’s city centre, Mosman is a prime destination for those seeking a waterfront lifestyle near Sydney Harbour. Offering a perfect mix of stunning harbour views, family-friendly spaces, and city convenience, Mosman continues to be one of Sydney’s most luxurious suburbs.
Suburb Stats
- Median House Price: $6.1 million
- Popular Features: Harbourfront properties
- Recent Growth: Demand from professionals
- Sold in past 12 months: 98
Longueville: Tranquil, Exclusive, and Convenient
Longueville, situated on the Lower North Shore just 6 kilometres from Sydney’s city centre, is a tranquil, tree-lined suburb ideal for those seeking privacy and green spaces. With stunning waterfront views and a serene environment, Longueville remains a highly desirable choice for high-end buyers.
Suburb Stats
- Median House Price: $5.5 million
- Popular Features: Quiet, leafy streets
- Recent Growth: Properties offering seclusion
- Sold in past 12 months: 27
Find Your Perfect Property in Sydney’s Most Expensive Suburbs
If you are looking to purchase a luxury property in one of Sydney’s most exclusive neighbourhoods, it’s essential to have an expert guide who understands the nuances of this competitive market. With years of experience in helping clients secure their dream homes, we can assist you in navigating Sydney’s luxury property estate market with confidence.
About Rose & Jones
Rose & Jones has been helping clients find and purchase properties in Sydney, The Gold Coast, and the Northern Rivers since 1998. A renowned property buyers agency across residential, commercial and industrial sectors, every one of our property experts meets our high standards, so you won’t have to compromise yours. With access to a wide network of off-market properties, our team can help you find the perfect property. Also offering property management services and investment advice, make Rose & Jones your go-to when it comes to property estate in New South Wales and Queensland.
