{"id":3143,"date":"2022-07-29T00:37:19","date_gmt":"2022-07-29T00:37:19","guid":{"rendered":"https:\/\/royabhishek.in\/urbanbuyer\/this-is-australias-number-one-million-dollar-street\/"},"modified":"2022-07-29T00:37:19","modified_gmt":"2022-07-29T00:37:19","slug":"this-is-australias-number-one-million-dollar-street","status":"publish","type":"post","link":"https:\/\/royabhishek.in\/urbanbuyer\/this-is-australias-number-one-million-dollar-street\/","title":{"rendered":"This is Australia\u2019s number one million-dollar street"},"content":{"rendered":"

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Australia is home to some of the hottest real estate available.<\/p>\n

And the global coronavirus pandemic and consequential economic recession are doing nothing to dampen spirits, and prices, in some of our most expensive areas.<\/p>\n

Instead, Australia\u2019s prestige property market is flourishing, with some suburbs even recording significant price growth<\/a> in the past year.<\/p>\n

\"Australia<\/p>\n

Data compiled by realestate.com.au<\/a> shows premium property prices remained strong in the 12 months to July this year.<\/p>\n

Even the top end of the Melbourne market performed well with the elite suburb of Toorak sustaining almost 20 per cent growth to net a median price of $4.575 million in the 12-month period.<\/p>\n

At the same time, the Northern Beaches suburb of Clontarf in Sydney recorded 27.6 per cent growth to land a median price of $3.8 million.<\/p>\n

We know that the likes of Melbourne\u2019s Toorak and Sydney\u2019s Bellevue Hill and Darling Point take up the highest positions of the most expensive suburbs in Australia, but what about the most expensive streets?<\/p>\n

Here I\u2019ve put together a list of the top 10 most expensive streets in each of Australia\u2019s big three capital cities.<\/p>\n

Most expensive streets in Sydney<\/span><\/h2>\n

\u00a0Sydney\u2019s real estate market<\/a> is notoriously robust, so it\u2019s unsurprising that it\u2019s also home to several streets that some of the wealthiest people call home.<\/p>\n

Which street comes out on top?<\/p>\n

Palm Beach\u2019s number 36 Ocean Road saw the largest reported sale at a huge $24 million in February this year, closely followed by a sale of 21 Ocean Road at $11.5 million in June and the sale of 6 Ocean Road at $12.51 million in August, according to Domain Group<\/em> data.<\/p>\n

But Point Piper\u2019s Wolseley Road continues to be the strongest high-value suburb in the city with demand driving 14 sales over the course of 2020 so far at values as high as $13.025 million.<\/p>\n

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Here is a list of the top 10 Sydney streets with jaw-dropping properties, the richest of homeowners and eye-watering property prices.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Ranking <\/strong><\/td>\nStreet name<\/strong><\/td>\nSuburb<\/strong><\/td>\nHighest reported sale price for 2020 (million)<\/strong><\/td>\n% of properties sold over $1 million in 2020 (disclosed data only)<\/strong><\/td>\n<\/tr>\n
1<\/td>\nOcean Road<\/td>\nPalm Beach<\/td>\n$24.0<\/td>\n100%<\/td>\n<\/tr>\n
2<\/td>\nWolseley Road<\/td>\nPoint Piper<\/td>\n$13.025<\/td>\n100%<\/td>\n<\/tr>\n
3<\/td>\nHopetoun Avenue<\/td>\nMosman<\/td>\n$9.05<\/td>\n100%<\/td>\n<\/tr>\n
4<\/td>\nBower Street<\/td>\nManly<\/td>\n$8.8<\/td>\n100%<\/td>\n<\/tr>\n
5<\/td>\nCoolong Road<\/td>\nVaucluse<\/td>\n$5.5<\/td>\n100%<\/td>\n<\/tr>\n
6<\/td>\nThe Point Road<\/td>\nWoolwich<\/td>\n$9.0<\/td>\n100%<\/td>\n<\/tr>\n
7<\/td>\nLouisa Road<\/td>\nBirchgrove<\/td>\n$3.5<\/td>\n100%<\/td>\n<\/tr>\n
8<\/td>\nVictoria Road<\/td>\nBellevue Hill<\/td>\n$5.6<\/td>\n76%<\/td>\n<\/tr>\n
9<\/td>\nChalmers Road<\/td>\nStrathfield<\/td>\n$3.625<\/td>\n100%<\/td>\n<\/tr>\n
10<\/td>\nJames Cook Is<\/td>\nSylvania Waters<\/td>\nn\/a<\/td>\nn\/a<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Data Source: Domain.com.au<\/em><\/p>\n

Most expensive streets in Melbourne<\/span><\/h2>\n

Over in Victoria, Melbourne also takes the title as home to some of Australia’s most expensive streets<\/a>, most of which are in the elite suburbs of Toorak where the pavement is all but lined with gold.<\/p>\n

The suburb itself enjoyed a hike in prices over the last 12 months, with sales across six leading wealthy streets as high as a whopping $10.725 million in Irving Road.<\/strong><\/p>\n

The same street, however, also saw sales below the $1 million mark which dragged down its wealthy status.<\/p>\n

But there are also other Melbourne streets that make the cut.<\/p>\n

Here I\u2019ve put together a list of the city\u2019s most prestigious addresses where only the wealthiest can afford to live.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Ranking <\/strong><\/td>\nStreet name<\/strong><\/td>\nSuburb<\/strong><\/td>\nHighest reported sale price for 2020 (million)<\/strong><\/td>\n% of properties sold over $1 million in 2020 (disclosed data only)<\/strong><\/td>\n<\/tr>\n
1<\/td>\nSt Georges Road<\/td>\nToorak<\/td>\n$1.445<\/td>\n100%<\/td>\n<\/tr>\n
2<\/td>\nAlbany Road<\/td>\nToorak<\/td>\n$6.2<\/td>\n100%<\/td>\n<\/tr>\n
3<\/td>\nTowers Road<\/td>\nToorak<\/td>\nn\/a<\/td>\nn\/a<\/td>\n<\/tr>\n
4<\/td>\nClendon Road<\/td>\nToorak<\/td>\n$1.849999<\/td>\n100%<\/td>\n<\/tr>\n
5<\/td>\nIrving Road<\/td>\nToorak<\/td>\n$10.725<\/td>\n66%<\/td>\n<\/tr>\n
6<\/td>\nHopetoun Road<\/td>\nToorak<\/td>\n$8.0<\/td>\n100%<\/td>\n<\/tr>\n
7<\/td>\nSeacombe Grove<\/td>\nBrighton<\/td>\n$7.25<\/td>\n100%<\/td>\n<\/tr>\n
8<\/td>\nGlyndon Avenue<\/td>\nBrighton<\/td>\n$5.675<\/td>\n100%<\/td>\n<\/tr>\n
9<\/td>\nShakespeare Grove<\/td>\nHawthorn<\/td>\n$3.15<\/td>\n100%<\/td>\n<\/tr>\n
10<\/td>\nMonomeath Avenue<\/td>\nCanterbury<\/td>\nn\/a<\/td>\nn\/a<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Data Source: Domain.com.au<\/em><\/p>\n

Most expensive streets in Brisbane<\/span><\/h2>\n

It\u2019s not just major cities Sydney and Melbourne that dominate the top percentage of expensive houses, Queensland\u2019s Brisbane<\/a> also has some high-valued streets where property prices would knock your socks off.<\/p>\n

Witta Circle and Mossman Court in Noosa Heads dominate the top of the list with sales as high as $11.25 million.<\/p>\n

Here are the top 10 most expensive streets in Brisbane.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Ranking <\/strong><\/td>\nStreet name<\/strong><\/td>\nSuburb<\/strong><\/td>\nHighest reported sale price for 2020 (million)<\/strong><\/td>\n% of properties sold over $1 million in 2020 (disclosed data only)<\/strong><\/td>\n<\/tr>\n
1<\/td>\nAaron Avenue<\/td>\nHawthorn<\/td>\nn\/a<\/td>\nn\/a<\/td>\n<\/tr>\n
2<\/td>\nWitta Circle<\/td>\nNoosa Heads<\/td>\n$11.25<\/td>\n100%<\/td>\n<\/tr>\n
3<\/td>\nMossman Court<\/td>\nNoosa Heads<\/td>\n$10.91<\/td>\n100%<\/td>\n<\/tr>\n
4<\/td>\nMinyama Island<\/td>\nMinyama<\/td>\n$6.95<\/td>\n100%<\/td>\n<\/tr>\n
5<\/td>\nDickson Terrace<\/td>\nHamilton<\/td>\nn\/a<\/td>\nn\/a<\/td>\n<\/tr>\n
6<\/td>\nKootingal Street<\/td>\nAshmore<\/td>\nn\/a<\/td>\nn\/a<\/td>\n<\/tr>\n
7<\/td>\nWendell Street<\/td>\nNorman Park<\/td>\n$6.0<\/td>\n100%<\/td>\n<\/tr>\n
8<\/td>\nScott Street<\/td>\nKangaroo Point<\/td>\n$4.375<\/td>\n100%<\/td>\n<\/tr>\n
9<\/td>\nWesley Court<\/td>\nNoosa Heads<\/td>\nn\/a<\/td>\nn\/a<\/td>\n<\/tr>\n
10<\/td>\nAustral St<\/td>\nSt Lucia<\/td>\nn\/a<\/td>\nn\/a<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Data Source: Domain.com.au<\/em><\/p>\n