The number of Australian suburbs with a median house price of at least $1 million has increased by almost 120 per cent in the last four years, new data has revealed — yet another sign of rising unaffordability.
Real estate data company CoreLogic reported this week that there were 570 suburbs in the million-dollar bracket as of June this year, with 94 of these above $2 million.
New South Wales dominated the list. It claimed the top eight most expensive suburbs, and contributed almost 60 per cent of the entire list, with Darling Point ($6.4m), Point Piper ($6m), Centennial Park ($5.9m), Bellevue Hill ($4.5m) and Cremorne Point ($4.5m) on top.
“The data highlights the bracket creep that has occurred over the housing growth cycle, and how housing affordability in New South Wales (Sydney) and to a lesser degree Victoria (Melbourne) has deteriorated. An increasing number of suburbs in these two states now have a median value of at least $1 million,” CoreLogic researcher Cameron Kusher said in a statement.
Check your suburb below:
NEW SOUTH WALES
Abbotsford, Alexandria, Alfords Point, Allambie Heights, Allawah, Annandale, Annangrove, Arcadia, Arncliffe, Artarmon, Ashbury, Ashfield, Asquith, Austinmer, Austral, Avalon Beach.
Balgowlah, Balgowlah Heights, Balmain, Balmain East, Bangor, Banksia, Bar Beach, Barden Ridge, Bardwell Park, Bardwell Valley, Barrack Point, Baulkham Hills, Bayview, Beacon Hill, Beaconsfield, Beaumont Hills, Beecroft, Belfield, Bella Vista, Bellevue Hill, Belmore, Belrose, Berkshire Park, Beverley Park, Beverly Hills, Bexley, Bexley North, Bilgola Beach, Bilgola Plateau, Birchgrove, Blakehurst, Bondi, Bondi Beach, Bondi Junction, Bonnet Bay, Botany, Box Hill, Breakfast Point, Brighton-Le-Sands, Bringelly, Bronte, Brookvale, Burradoo, Burraneer, Burwood, Burwood Heights, Byron Bay.
Cabarita, Cammeray, Camperdown, Campsie, Canada Bay, Canterbury, Caringbah, Caringbah South, Carlingford, Carlton, Carss Park, Castle Cove, Castle Hill, Castlecrag, Castlereagh, Catherine Field, Cattai, Centennial Park, Chatswood, Chatswood West, Cheltenham, Cherrybrook, Chifley, Chippendale, Chiswick, Church Point, Clareville, Clemton Park, Clontarf, Clovelly, Coledale, Collaroy, Collaroy Plateau, Como, Concord, Concord West, Connells Point, Coogee, Cremorne, Cremorne Point, Cromer, Cronulla, Crows Nest, Croydon, Croydon Park, Curl Curl.
Daceyville, Darling Point, Darlinghurst, Darlington, Davidson, Dee Why, Denham Court, Denistone, Denistone East, Denistone West, Dolans Bay, Double Bay, Dover Heights, Drummoyne, Dulwich Hill, Dundas, Dundas Valley, Dural.
Earlwood, East Killara, East Kurrajong, East Lindfield, East Ryde, Eastgardens, Eastlakes, Eastwood, Edgecliff, Elanora Heights, Ellis Lane, Enfield, Enmore, Epping, Ermington, Erskineville, Ewingsdale.
Fairlight, Five Dock, Forest Lodge, Forestville, Frenchs Forest, Freshwater.
Galston, Gerroa, Gladesville, Glebe, Glenhaven, Glenorie, Gordon, Grasmere, Grays Point, Greenwich, Grose Vale, Grose Wold, Gymea, Gymea Bay.
Haberfield, Hardys Bay, Henley, Hillsdale, Holgate, Homebush, Homebush West, Hornsby, Horsley Park, Hunters Hill, Hurlstone Park, Hurstville, Hurstville Grove.
Kangaroo Point, Kareela, Kellyville, Kellyville Ridge, Kemps Creek, Kensington, Kenthurst, Killara, Killarney Heights, Killcare, Kingsford, Kingsgrove, Kirkham, Kirrawee, Kirribilli, Kogarah, Kogarah Bay, Kurnell, Kurrajong Hills, Kyeemagh, Kyle Bay.
La Perouse, Lane Cove, Lane Cove North, Lane Cove West, Lavender Bay, Leichhardt, Leppington, Lewisham, Liberty Grove, Lidcombe, Lilli Pilli, Lilyfield, Lindfield, Linley Point, Little Bay, Llandilo, Longueville, Lugarno.
Magenta, Malabarm, Manly, Manly Vale, Maraylya, Maroubra, Marrickville, Marsfield, Mascot, Matcham, Matraville, Mcmahons Point, Melrose Park, Merewether, Middle Cove, Middle Dural, Miranda, Mona Vale, Monterey, Mortdale, Mortlake, Mosman, Mount Vernon, Myocum.
Naremburn, Narrabeen, Narraweena, Narwee, Neutral Bay, Newington, Newport, Newtown, Normanhurst, North Balgowlah, North Bondi, North Curl Curl, North Epping, North Manly, North Narrabeen, North Parramatta, North Rocks, North Ryde, North Strathfield, North Sydney, North Turramurra, North Wahroonga, North Willoughby, Northbridge, Northwood.
Oakville, Oatlands, Oatley, Orangeville, Orchard Hills, Oyster Bay.
Paddington, Pagewood, Palm Beach, Patonga, Peakhurst Heights, Pennant Hills, Penshurst, Petersham
Phillip Bay, Picnic Point, Pitt Town, Point Frederick, Point Piper, Port Hacking, Potts Point, Putney, Pymble, Pyrmont.
Queens Park, Queenscliff.
Ramsgate, Ramsgate Beach, Randwick, Razorback, Redfern, Rhodes, Riverview, Rockdale, Rodd Point, Rose Bay, Rosebery, Roseville, Roseville Chase, Rossmore, Rozelle, Russell Lea, Rydalmere, Ryde.
Sandringham, Sandy Point, Sans Souci, Scarborough, Seaforth, Somersby, South Coogee, South Hurstville, South Turramurra, St Huberts Island, St Ives, St Ives Chase, St Leonards, St Peters, Stanmore, Stanwell Park, Strathfield, Strathfield South, Summer Hill, Surry Hills, Sydenham, Sylvania, Sylvania Waters.
Tamarama, Taren Point, Telopea, Tempe, Tennyson Point, Terrey Hills, The Hill, The Junction, The Ponds, Thornleigh, Tintenbar, Turramurra, Turrella.
Vaucluse, Voyager Point.
Wahroonga, Waitara, Wareemba, Warrawee, Warriewood, Waterloo, Watsons Bay, Waverley, Waverton, Werombi, West Pennant Hills, West Pymble, West Ryde, Westleigh, Westmead, Wheeler Heights, Willoughby, Willoughby East, Windsor Downs, Wollstonecraft, Wombarra, Woollahra, Woolloomooloo, Woolooware, Woolwich, Woronora Heights.
Yarramundi, Yowie Bay, Zetland.
Abbotsford, Aberfeldie, Albert Park, Alphington, Armadale, Ascot Vale, Ashburton, Ashwood.
Balaclava, Balwyn, Balwyn North, Beaumaris, Bentleigh, Bentleigh East, Black Rock, Blackburn, Box Hill, Box Hill Northm, Brighton, Brighton East, Bulleen, Burnley, Burwood.
Camberwell, Canterbury, Carlton, Carlton North, Carnegie, Caulfield, Caulfield East, Caulfield North, Caulfield South, Chadstone, Clifton Hill.
Deepdene, Doncaster, Doncaster East.
Eaglemont, East Melbourne, Elsternwick, Elwood, Essendon.
Fairfield, Fitzroy, Fitzroy North, Flinders.
Gardenvale, Glen Huntly, Glen Iris, Glen Waverley.
Hampton, Hampton East, Hawthorn, Hawthorn East, Heidelberg, Hughesdale.
Ivanhoe, Ivanhoe East.
Kew, Kew East, Kooyong.
Malvern, Malvern East, Mckinnon, Middle Park, Mont Albert, Mont Albert North, Moonee Ponds, Mount Waverley, Murrumbeena.
North Melbourne, Northcote.
Park Orchards, Parkdale, Parkville, Port Melbourne, Portsea, Prahran, Princes Hill.
Sandringham, South Melbourne, South Yarra, St Kilda East, St Kilda West, Strathmore, Surrey Hills.
Templestowe, Templestowe Lower, Thornbury, Toorak, Travancore.
Warrandyte South, Wheelers Hill, Williamstown, Windsor, Wonga Park, Yarrambat.
Applecross, Attadale, Brigadoon, Churchlands, City Beach, Claremont, Coolbinia, Cottesloe.
Daglish, Dalkeith, Eagle Bay, East Fremantle, East Perth, Floreat.
Gnangara, Gracetown, Jolimont.
Menora, Millendon, Mosman Park, Mount Claremont, Mount Lawley, Mount Pleasant, Nedlands, North Coogee, North Fremantle, Oakford, Peppermint Grove.
Rossmoyne, Salter Point, Shenton Park, South Perth, Subiaco, Swanbourne, Trigg.
Watermans Bay, Wattleup, Wembley, Wembley Downs, West Leederville, West Swan, Yallingup.
Ascot, Bulimba, Burbank, Castle Hill, Chandler, Chelmer, Clayfield, Fortitude Valley, Gumdale, Hamilton, Hawthorne, Mermaid Beach, New Farm, Pullenvale, St Lucia, Sunshine Beach, Surfers Paradise, Teneriffe.
College Park, Fitzroy, Heathpool, Hyde Park, Kent Town, Leabrook, Malvern, Medindie, Rose Park, Saint Peters, Springfield, Tennyson, Toorak Gardens, Unley Park, Walkerville.