Homebuyers need millions to live well in Sydney

Monday, 17 January 2022

The number of suburbs with $3 million-plus median price tags more than doubled in Sydney in 2021, according to new data from CoreLogic.

Nearly one-in-eight Sydney suburbs (82 in total) now has a median house price of $3 million, versus 39 suburbs at the beginning of 2021.

29 Sydney suburbs also had a median house price over $4m at the end of 2021 (list below).

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.