From the richest suburbs in Sydney to world-class restaurants, the city is renowned for its stunning harbour, iconic landmarks, and lifestyle that’s the envy of many. It promises to provide you with a world-class education and affluent lifestyle. Last year, Sydney ranked as the most expensive city in Australia to build a home. The cost per square metre came in at around AUD 4,400.
If you are looking for the richest suburbs in Sydney, be it for your residence or just for a visit, you are at the right place. Keep reading further to know more about some of the wealthiest suburbs in Sydney.
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Longueville is one of the most elegant and richest suburbs in Sydney. Ideally located along the Lane Cove River, Longueville is an attractive destination for those seeking a blend of luxury and serenity. With almost all the homes featuring water views and lush green gardens, Longueville is a place you must visit at least once. The homes here are elegant and spacious and an ideal choice for affluent families seeking privacy and proximity to the city. It is also on the list of the top 100 most expensive streets in Australia. The major amenities in Chatswood and Artarmon are easily accessible here.
| Location | Lane Cove River, Northern Suburbs |
| Key Features | Elegant homes, panoramic water views, leafy streets, private and serene |
| Property Price | AUD 4-6 million |
Dover Heights: Stunning Coastal Views
With panoramic and commanding views out to the Pacific Ocean, Dover Heights is another richest suburb in Sydney renowned for its ideal location. On the eastern edge of Sydney, Dover Heights is quite famous for its breathtaking views of the Pacific Ocean and Bondi Beach across the globe. From contemporary architecture to luxury homes, and a vibrant community atmosphere, students should definitely explore and visit this richest suburb in Sydney.
| Location | Eastern Suburbs |
| Key Features | Elevated position, ocean views, contemporary architecture, close to Bondi Beach |
| Property Price | AUD 5-8 million |
Clontarf: Nautical Charm and Prestige
Situated on the Northern Beaches, Clontarf is one of the richest suburbs in Sydney. It is renowned for its nautical charm and suburban prestige. Renowned for its picturesque harbour views and access to some of Sydney’s best beaches, Clontarf is home to some of the expansive and elegant homes, often with private jetties and boat moorings. The proximity to some of the top educational institutions from this richest suburb in Sydney makes Clontarf a highly desirable location for families, students, and professionals alike. You can also enjoy nearby restaurants in Australia here offering some flavoursome delicacies.
| Location | Northern Beaches |
| Key Features | Waterfront properties, picturesque harbour views, proximity to beaches |
| Property Price | AUD 4-7 million |
Palm Beach: The Pinnacle of Luxury Living
Palm Beach, often referred to as ‘Palmy’ by locals is another wealthiest and richest suburb in Sydney. It is renowned for its ideal location at the northern tip of Sydney’s peninsula. Be sure to escape a day from your monotonous academic schedule and explore this beautiful and richest suburb in Sydney featuring its stunning beaches, upscale residences, and celebrity residents. The homes in Palm Beach are spacious, large, and beautifully designed with ocean views, private pools, and lush gardens. You will definitely love the relaxed and sophisticated atmosphere offered in this suburb.
| Location | Northern Beaches |
| Key Features | Luxury coastal living, large homes, ocean views, celebrity residents |
| Property Price | AUD 7-12 million |
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Castlecrag: Architectural Distinction and Natural Beauty
Castlecrag is another richest suburbs in Sydney that stands out for its unique blend of architectural innovation and natural beauty. Designed by the renowned architect Walter Burley Griffin, Castlecrag is definitely an example of sophistication in Sydney. You will definitely love to stroll through the architectural beauty and luxurious living spaces in this richest suburb in Sydney. With a beautiful balance between the serenity of luxury living and excellent amenities, Castlecrag enjoy proximity to Chatswood and North Sydney.
| Location | North Shore |
| Key Features | Unique architectural design, natural bushland, modernist homes |
| Property Price | AUD 3-5 million |
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FAQs
The richest suburbs in Sydney are Longueville, Dover Heights, Clontarf, Palm Beach, and Castlecrag. These areas are known for their high property values, beautiful homes, and attractive living conditions.
Among the suburbs listed, Longueville generally stands out as the most expensive. Known for its luxury coastal living, celebrity residents, and large, architecturally designed homes, this richest suburb in Sydney commands some of the highest property prices in the city.
Longueville is considered one of the richest suburbs in Sydney due to its prime location along the Lane Cove River, luxurious homes with expansive gardens, and panoramic water views.
These richest suburbs in Sydney are generally known for their high property values and luxury homes, making them less affordable for students. However, students might find shared accommodation or rental options in nearby areas that are more budget-friendly.
Longueville, Dover Heights, and Castlecrag enjoy good connectivity with frequent bus services and nearby train stations providing easy access to the CBD and other areas. While Clontarf and Palm Beach have less frequent public transport, relying more on buses and private cars for commuting.
Hope you liked reading about the richest suburbs in Sydney. Reach out to Fly Homes now at 1800572118 to secure the finest accommodation abroad.
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