Guest The Pom Queen Posted August 5, 2013 Share Posted August 5, 2013 RP Data has revealed the richest suburbs in the country for owning a home. So where can you live for a mere $7 million? And what does that look like? Using median values analysis for houses, Senior RP Data Analyst Tim Lawless has identified the most expensive locations in Australia for home ownership. Unsurprisingly, Sydney waterside suburbs dominate the upper crust. Point Piper takes the national crown, with a median value of a cool $7.3 million. The suburb also has a very high rate of home ownership; of 148 detached houses, 57 percent are owned outright. Peppermint Grove is the richest WA suburb, and fifth overall. The median house value there is $4,284,941 million. Here's the top 25 richest suburbs and their median house value. Follow the link to see current homes listed in those areas. Pictured is a sample of the homes on offer. 1. Point Piper, Sydney NSW, $7,381,887 2. Watsons Bay, Sydney NSW, $6,476,767 3. Centennial Park, Sydney NSW, $5,217,016 4. Woolwich, Sydney NSW, $4,621,152 5. Peppermint Grove, Perth WA, $4,284,941 6. Darling Point, Sydney NSW, $4,235,112 7. Henley, Sydney NSW, $3,489,357 8. Vaucluse, Sydney NSW $3,279,795 9. Bellevue Hill, Sydney NSW, $3,104,186 10. Eagle Bay, South West Busselton WA, $2,860,776 11. Double Bay, Sydney NSW, $2,833,482 12. Toorak, Melbourne VIC, $2,774,578 13. Tamarama, Sydney NSW, $2,737,142 14. Dover Heights, Sydney NSW, $2,627,931 15. Dalkeith, Perth WA, $2,561,031 16. Rose Bay, Sydney NSW, $2,379,752 17. Lavender Bay, Sydney NSW, $2,330,499 18. Orange Grove, Perth WA, $2,238,256 19. Palm Beach, Sydney NSW, $2,191,449 20. Cremorne Point, Sydney NSW, $2,183,485 21. Kooyong, Melbourne VIC, $2,105,116 22. Mosman, Sydney NSW, $2,075,036 23. Longueville, Sydney NSW, $2,054,493 24. Linley Point, Sydney NSW, $2,043,915 25. Bronte, Sydney NSW, $2,011,687 Link to comment Share on other sites More sharing options...
fifi69 Posted August 5, 2013 Share Posted August 5, 2013 Ah well a girl can dream:shocked: Link to comment Share on other sites More sharing options...
Bobj Posted August 5, 2013 Share Posted August 5, 2013 Keep River, Northern Territory; Priceless.:tongue: Cheers, Bobj. Link to comment Share on other sites More sharing options...
dmjg Posted August 5, 2013 Share Posted August 5, 2013 I'm a bit surprised not to see Somerville on the list. Link to comment Share on other sites More sharing options...
CML1410 Posted August 5, 2013 Share Posted August 5, 2013 Lovely houses!!! Just a tad out of our price range! :laugh: Link to comment Share on other sites More sharing options...
dodgy Posted August 5, 2013 Share Posted August 5, 2013 I didn't see clarkson WA either :biglaugh: Link to comment Share on other sites More sharing options...
Que Sera Sera Posted August 5, 2013 Share Posted August 5, 2013 I would appreciate it if you didn't put my house on here for all undesirables to see thanks very much :wink::laugh: Link to comment Share on other sites More sharing options...
newjez Posted August 5, 2013 Share Posted August 5, 2013 Hadn't heard of eagle bay. Orange Grove looks in the middle of nowhere. Link to comment Share on other sites More sharing options...
Guest The Ropey HOFF Posted August 5, 2013 Share Posted August 5, 2013 RP Data has revealed the richest suburbs in the country for owning a home. So where can you live for a mere $7 million? And what does that look like? Using median values analysis for houses, Senior RP Data Analyst Tim Lawless has identified the most expensive locations in Australia for home ownership. Unsurprisingly, Sydney waterside suburbs dominate the upper crust. Point Piper takes the national crown, with a median value of a cool $7.3 million. The suburb also has a very high rate of home ownership; of 148 detached houses, 57 percent are owned outright. Peppermint Grove is the richest WA suburb, and fifth overall. The median house value there is $4,284,941 million. Here's the top 25 richest suburbs and their median house value. Follow the link to see current homes listed in those areas. Pictured is a sample of the homes on offer. 1. Point Piper, Sydney NSW, $7,381,887 2. Watsons Bay, Sydney NSW, $6,476,767 3. Centennial Park, Sydney NSW, $5,217,016 4. Woolwich, Sydney NSW, $4,621,152 5. Peppermint Grove, Perth WA, $4,284,941 6. Darling Point, Sydney NSW, $4,235,112 7. Henley, Sydney NSW, $3,489,357 8. Vaucluse, Sydney NSW $3,279,795 9. Bellevue Hill, Sydney NSW, $3,104,186 10. Eagle Bay, South West Busselton WA, $2,860,776 11. Double Bay, Sydney NSW, $2,833,482 12. Toorak, Melbourne VIC, $2,774,578 13. Tamarama, Sydney NSW, $2,737,142 14. Dover Heights, Sydney NSW, $2,627,931 15. Dalkeith, Perth WA, $2,561,031 16. Rose Bay, Sydney NSW, $2,379,752 17. Lavender Bay, Sydney NSW, $2,330,499 18. Orange Grove, Perth WA, $2,238,256 19. Palm Beach, Sydney NSW, $2,191,449 20. Cremorne Point, Sydney NSW, $2,183,485 21. Kooyong, Melbourne VIC, $2,105,116 22. Mosman, Sydney NSW, $2,075,036 23. Longueville, Sydney NSW, $2,054,493 24. Linley Point, Sydney NSW, $2,043,915 25. Bronte, Sydney NSW, $2,011,687 I suppose they aren't too shabby, but the walls are paper thin and they all fall down after 17 years, lol Link to comment Share on other sites More sharing options...
Guest Guest66881 Posted August 5, 2013 Share Posted August 5, 2013 I suppose they aren't too shabby, but the walls are paper thin and they all fall down after 17 years, lol 'Allegedly' mate:wideeyed: Link to comment Share on other sites More sharing options...
Petals Posted August 5, 2013 Share Posted August 5, 2013 Never mind the richest, where are the suburbs where ordinary folk can find a decent house to live in and be able to afford the mortgage. It amuses me they trot out the best suburbs for growth but most folk just want a home that they can afford in an area with services they can use. Aus has it a.................. about f........... we should be giving tax breaks to home owners who live in their houses not to people who buy investment properties. Had a long discussion with a friend about this yesterday. Why oh why do they not get it. Link to comment Share on other sites More sharing options...
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