Revealed: Australia’s 100 most expensive streets

Australia’s most expensive streets to buy a house can be found in Sydney. But which Aussie city is the most affordable?

The most expensive street in Australia has a median price of $23,755,000.

Sydney’s Wolseley Road in Point Piper has topped the country’s most expensive streets list according to data from Ray White taken over the past 12 months.

Unsurprisingly, the street attracts Australia’s wealthiest residents – from Westfield chairman Frank Lowy, Hungry Jacks’ owner Jack Cowin and ex-Prime Minister Malcolm Turnbull.

Overall, Sydney takes the cake for most expensive suburbs in Australia – with the eastern suburbs making up the majority of the top ten wealthiest streets. Victoria isn’t too far behind, with Linlithgow Road and Clendon Road in Melbourne’s Toorak also making the top ten.

On the other end of the scale, the cheapest street in Australia can be found in regional NSW. A five-hour drive from central Sydney, the median price for a house in Wollongough St Ungarie, Central West is $32,300.

Factors contributing to high property prices on Australia’s most expensive streets include scarcity, exclusivity, and demand for luxury living in prime locations.

Here’s what the median house price by street looks like across the county.

See full list below >>>

The streets home to Australia’s most expensive houses

NEW SOUTH WALES

The most affordable streets in Sydney can be found further out from the CBD, with home values as low as $275,000 and $32,300 in regional NSW areas. However, be prepared to make some scarfices with most of these streets located on main streets with little privacy, noise pollution and smaller properties.

Top 5 most expensive

• Wolseley Rd, Point Piper – $23,755,000

• Wentworth Rd, Vaucluse – $18,888,000

• Coolong Rd, Vaucluse – $14,725,000

• Olola Av, Vaucluse – $14,000,000

• Bulkara Rd, Bellevue Hill – $13,725,000

See full list of Sydney’s most expensive streets

The property known as 'Leura' located on Victoria Rd in Bellevue Hill sold for $76m.

Top 5 cheapest

• Lachlan St, Bogan Gate, Central West – $115,000

• Ungarie St, Ungarie, Central West – $109,500

• Ethel St, Ungarie, Central West – $82,000

• Cargelligo St, Tullibigeal, Central West- $35,000

• Wollongough St, Ungarie, Central West – $32,300

See full list of Sydney’s cheapest streets

This home on Glenworth Valley Rd – Sydney’s cheapest street – is currently up for sale for $225,000.

VICTORIA

Melbourne’s most affordable street is Onslow Walk, Wyndham Vale, and it’s one of just 10 Melbourne addresses where half the homes sell for under $425,000. By contrast, the four most expensive streets in Melbourne last sold for more than $11m.

Cryptocurrency casino co-founder Edward Craven paid more than $80m for 29-31 St Georges Road, Toorak, in 2022. Picture: Jake Nowakowski.

Top 5 most expensive

• Linlithgow Rd, Toorak – $14,900,000

• Clendon Rd, Toorak – $13,850,000

• St Georges Rd, Toorak – $13,000,000

• Albany Rd, Toorak – $11,182,500

• St Vincent Pl, Albert Park – $10,500,000

60 St Vincent Place, Albert Park, sold for $13.845m in July 2023. The street is one of Melbourne’s most expensive to buy a house in.

Top 5 cheapest

• Peppercorn Way, Serpentine, Bendigo – $205,000

• Wilson St, Wedderburn, Bendigo – $200,000

• Victoria St, Pyramid Hill, Bendigo – $190,000

• Kelly St, Pyramid Hill, Bendigo – $190,000

• Vernon St, Korong Vale, Bendigo – $110,000

See full list of VIC median street prices

QUEENSLAND

Queensland’s richest addresses can be found in Mermaid Beach, Surfers Paradise, Hope Island and Carrara. For more affordable living you’ll have to look further from the beach to the Northern Gold Coast suburbs of Helensvale, Coomera and Upper Coomera, where the street median comes in under $886,000.

Hedges Ave in Mermaid Beach is the Gold Coast’s most expensive street

Top 5 most expensive

• Hedges Av, Mermaid Beach – $10,500,000

• Edgecliff Pl, Hope Island – $6,675,000

• Admiralty Dr, Surfers Paradise- $6,119,000

• Mcanally Dr, Sunshine Beach – $6,050,000

• Maryland Av, Carrara – $6,000,000

41-45 Hedges Ave, Mermaid Beach is for sale with a $35m price tag

Top 5 cheapest

• Park St, Charters Towers City, Townsville – $138,000

• High St, Charters Towers City, Townsville – $120,000

• Spencer St, Macknad, Townsville – $110,000

• Mill St, Pentland, Townsville – $95,000

• Mackay St, Pentland, Townsville – $79,000

See full list of QLD median street prices

SOUTH AUSTRALIA

The Common, Edmund Ave and Malvern’s Eton St make up Adelaide’s top three most expensive streets. The city’s most affordable street is Cushen St in Smithfield Plains with a median house price of $188,250.

The Beaumont house at 31 The Common sold in March 2023 for $3.15 million. Picture: realestate.com.au

Top 5 most expensive

• The Common, Beaumont – $2,880,000

• Edmund Av, Unley – $2,590,500

• Eton St, Malvern – $2,404,000

• Halsbury Av, Kingswood – $2,330,000

• Fourth Av, St Peters – $2,300,000

Top 5 cheapest

• West Tce, Kimba – $91,500

• Thomas St, Minnipa – $88,000

• Bourke St, Peterborough- $85,000

• Stuart St, Coober Pedy – $51,000

• Sixth St, Port Pirie West – $62,000

See full list of SA median street prices