In the centre of Sydney's east, some of Sydney's most awe-inspiring properties are nestled within Bellevue Hill's green hills. It takes out the title as the most expensive suburb in Australia, and for good reason.
Wolseley Road in Point Piper is Sydney's most expensive street, attracting Australia's wealthiest residents with its luxurious properties and waterfront views.
The second most expensive house, sold in 2020 for $95 million, is the Point Piper mansion Edgewater, long owned by co-founders of Katies women's clothing retail chain Joe Brender and his wife Gerda, and the family of his late business partner Sam Moss.
Atlassian's Scott Farquhar now owns the most expensive house in Australia and therefore the richest house as well.
Sydney Opera House, opera house located on Port Jackson (Sydney Harbour), New South Wales, Australia. Its unique use of a series of gleaming white sail-shaped shells as its roof structure makes it one of the most-photographed buildings in the world.
Sydney is the most expensive city in Australia (and is ranked the 15th most expensive city worldwide), nearly double the prices of the country's second most expensive city, Melbourne—and the already high costs are still rising.
Sydney is the most expensive cities for renters with the median unit price coming in at $670 per week, followed by Canberra ($550 per week), Brisbane ($530 per week), and Darwin ($515 per week).
Perth has taken the crown from Adelaide as most affordable capital in Australia. Image: Canva. A new report has officially declared Perth as the most affordable capital city in Australia.
Loyola, Los Altos, California
The richest neighborhood in America is Loyola, California. The average household income in Loyola is $326,069, with the median income a little lower at $246,563. The median listing price is $3,899,000. Loyola also borders Los Altos Hills, which is one of the richest towns in America.
Where are the cheapest houses in Australia? Generally speaking, in Australia you're likely to find the cheapest houses in regional and rural locations, especially in Western Australia, Queensland and South Australia.
Sydney has been rated as Australia's most expensive city by The Economist. In the Economist's Worldwide Cost of Living 2015 report, Singapore retained its position as the most expensive city in the world. Sydney came in fifth in the world and first in Australia, followed by Melbourne at the sixth position.
The highest number of rich-listers live in the 2088 postcode in Sydney - which includes Mosman and Spit Junction - with 19,707 people earning $188,324, on average. In comparison, there were just 559 people in the 3944 Portsea postcode in Victoria's Mornington Peninsula, earning an average of $229,805 per year.
Topping the list as Australia's most expensive private school is likely Victoria's Geelong Grammar School for the second consecutive year. Tuition for year 10 - 12 students at the elite secondary school will set parents back $46,020 a year in 2023, up 5.4 per cent on 2022.
1st. Oldfield and Costello families: 7.2 million hectares
In early 2022, their joint venture Crown Point Pastoral Company purchased 3.26 million hectares from Gina Rinehart's portfolio. This purchase bumped up their landholding to 7.2 million hectares, making them Australia's official largest landowners.
Australia's #1 address in property, realestate.com.au, is empowering property owners with unique insight into the value of their most important asset, their home.
THE LIST. Australia's richest person, Gina Rinehart, is the daughter of iron-ore explorer Lang Hancock. Rinehart made her wealth rebuilding Hancock Prospecting, becoming chair in 1992 when her father died.