Top 20 Richest Suburbs in Sydney To Live

September 25, 2025

When you think of Australia’s real estate hotspots, Sydney almost always tops the list. Known for its stunning harbour views, iconic landmarks, and vibrant lifestyle, it’s no surprise that some of the nation’s most prestigious addresses are located here. But which is the richest suburb in Sydney? And what sets Sydney’s wealthiest communities apart from the rest? Whether you’re curious about property investment, planning to relocate, or just interested in luxury living, this guide explores the top 20 richest areas in Sydney. From harbourside mansions to leafy western retreats, each suburb offers a unique glimpse into the lifestyles of the city’s elite.

1. Point Piper 

Point Piper consistently ranks as Sydney’s wealthiest suburb, with median house prices often soaring above $20 million. Nestled on the harbour’s edge, it’s home to business magnates, celebrities, and political figures. With breathtaking waterfront views, private marinas, and close proximity to the CBD, Point Piper remains a symbol of unmatched prestige.

  • Median Property Price: $20M+

  • Median Weekly Rent: $6,000+

  • Location: Eastern Suburbs, 5 km from CBD

What Makes It Wealthy

Point Piper tops every list of the richest suburbs in Sydney, thanks to its record-breaking property sales and ultra-exclusive real estate. Wolseley Road here is dubbed “Australia’s most expensive street,” lined with harbourside mega-mansions owned by billionaires, celebrities, and political leaders.

Lifestyle & Community

Life in Point Piper is about prestige and privacy. Residents enjoy direct harbour access, yacht clubs, nearby private schools (Cranbrook, Scots, Ascham), and elite shopping in Double Bay. Despite being minutes from the CBD, the suburb feels like a secluded haven.

Should You Live Here?

Perfect for ultra-high-net-worth individuals seeking exclusivity, prestige, and world-class views. For most buyers, though, property prices make it unattainable.

Highlight

Point Piper offers some of the best views of the Sydney Opera House and Harbour Bridge from private residences.

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Details

Median House Price

$20M+ (Australia’s most expensive suburb)

Median Weekly Rent

$6,000+

Key Amenities

Yacht clubs, boutique shopping at Double Bay, fine dining, private marinas

Transport Access

Quick drive to CBD, ferry access via Rose Bay, bus connections

Unique Lifestyle Perk

Panoramic harbour views including Opera House & Harbour Bridge

2. Darling Point 

Darling Point offers panoramic harbour views and easy access to the city. Known for its sophisticated apartments and grand homes, it attracts high-net-worth individuals seeking convenience and elegance.

What Makes It Wealthy

Darling Point is one of Sydney’s wealthiest suburbs, renowned for its prime harbourside real estate. Its combination of panoramic harbour views, heritage-listed homes, and modern luxury apartments makes it highly desirable. Limited land availability ensures property prices remain strong, and it consistently attracts high-net-worth residents.

Lifestyle & Community

Residents enjoy an exclusive lifestyle, with access to boutique cafés, fine dining, and harbourside parks. The suburb is quiet yet close enough to the city for work or leisure. Darling Point appeals to professionals, families, and investors who want prestige combined with convenience.

Should You Live Here?

Darling Point is perfect for individuals who want a balance between luxury, harbour views, and easy access to the CBD. While it is pricey, its lifestyle benefits and investment potential make it a smart choice for those who can afford it.

Highlight:

Darling Point’s private jetties and walking paths along the harbour make it one of the most picturesque and exclusive suburbs in Sydney.

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Details

Median House Price

$7.5M+

Median Weekly Rent

$3,200

Key Amenities

Harbourfront parks, cafés, boutique shopping, exclusive restaurants

Transport Access

10–15 min drive to CBD, ferries to Circular Quay, bus services

Unique Lifestyle Perk

Panoramic Sydney Harbour views, private jetties, walking access to Botanic Gardens

3. Bellevue Hill 

Situated near Bondi Beach and Double Bay, Bellevue Hill is a favourite among wealthy families. It combines heritage-listed mansions, leafy streets, and proximity to top private schools.

What Makes Bellevue Hill One of Sydney’s Wealthiest Suburbs

Bellevue Hill combines heritage charm with modern luxury, making it highly sought after by affluent families. Its leafy streets, heritage-listed mansions, and spacious estates provide privacy and exclusivity, while being just minutes from Bondi Beach, Double Bay, and the Sydney CBD.

The suburb has long been associated with prestige, attracting business executives, diplomats, and professionals who want a balance of urban convenience and serene living.

Lifestyle & Community

Residents enjoy a lifestyle that mixes coastal leisure and sophistication. Weekend walks along tree-lined streets, visits to local parks, private clubs, and high-end shopping in Double Bay are common. Families benefit from access to some of Sydney’s best private schools, making it an ideal suburb for raising children in a wealthy yet secure environment.

Should You Live Here?

Bellevue Hill is perfect for wealthy families seeking a quiet, leafy, and prestigious suburb close to the city and beaches. While still expensive, property options here are slightly more accessible than Point Piper, making it appealing for those seeking a luxury lifestyle without paying ultra-premium waterfront prices.

Highlight: 

Bellevue Hill offers the rare combination of heritage charm, family-friendly living, and coastal luxury, all within a short commute to the CBD.


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Details

Median House Price

$8M+

Median Weekly Rent

$3,500+

Key Amenities

Fine dining, boutique shopping in Double Bay, parks, exclusive clubs

Transport Access

Close to CBD via major roads, bus connections, easy ferry access nearby

Unique Lifestyle Perk

Leafy, tranquil streets with proximity to beaches and waterfront views

4. Vaucluse 

Vaucluse is another richest area in Sydney, boasting clifftop mansions, harbourfront properties, and private beach access. The suburb perfectly blends coastal serenity with luxury living.

What Makes It Wealthy:

Vaucluse is one of the richest areas in Sydney, renowned for its scarcity of land and iconic clifftop mansions. Homes here frequently sell for millions and attract high-net-worth individuals seeking privacy, prestige, and world-class views.

Lifestyle & Community:

Residents enjoy a perfect balance of coastal serenity and luxury. Private beach access, boutique shopping, fine dining, and top-tier schools make it ideal for families. The suburb maintains a quiet, low-density community feel despite its proximity to the CBD.

Should You Live Here?

Vaucluse is ideal for those who value tranquillity and exclusivity, while still being close to Sydney’s central business and cultural hubs. It’s particularly suited for wealthy families and individuals seeking a premium harbourfront lifestyle.

Highlight:

The Hermitage Foreshore Walk provides residents with one of Sydney’s most scenic coastal trails, offering unparalleled ocean and harbour views.


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Details

Median House Price

$8.5M+

Median Weekly Rent

$3,800+

Famous Streets

Wentworth Road & Old South Head Road – exclusive harbourside addresses

Key Amenities

Private beaches, boutique shopping, fine dining, walking tracks

Unique Lifestyle Perk

Stunning ocean and harbour views with private coastal walks

5. Mosman 

Located on Sydney’s Lower North Shore, Mosman features grand Federation homes and stunning views of Sydney Harbour. With Taronga Zoo and Balmoral Beach nearby, it’s a blend of prestige and family-friendly charm.

What Makes Mosman Wealthy

Mosman is considered one of Sydney’s wealthiest suburbs due to its combination of scenic harbour views, historic architecture, and premium real estate. Properties here consistently maintain high values, and waterfront homes attract top-tier buyers. Unlike some ultra-exclusive suburbs, Mosman has a vibrant community, making it both prestigious and livable.

Lifestyle & Community

Mosman blends family-friendly charm with elite living. Residents enjoy walks along Balmoral Beach, boating in Mosman Bay, and easy access to high-end cafés, boutique shopping, and cultural attractions. It’s also well-connected to the CBD via bus and ferry services, making commuting convenient.

Should You Live Here?

Ideal for families and professionals who want a balance of luxury, nature, and community. While property prices are high, Mosman offers a slightly more attainable option than suburbs like Point Piper or Vaucluse.

Highlight: Many of Sydney’s Federation-style homes and historic estates are preserved here, making Mosman a visually stunning suburb as well as a prestigious address.

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Details

Median House Price

$5.5M+

Median Weekly Rent

$2,500–$3,000

Famous Streets

Military Road (boutiques & cafes), Avenue Road (heritage homes)

Key Amenities

Taronga Zoo, Balmoral Beach, Mosman Bay, upscale shopping & dining

Transport Access

Buses to CBD, ferry services from nearby Mosman Bay, easy car access

Unique Lifestyle Perk

Proximity to pristine beaches and Taronga Zoo; harbourfront living

6. Hunters Hill 

Hunters Hill, one of Australia’s oldest suburbs, is renowned for its sandstone mansions and leafy avenues. It’s a quieter yet affluent option compared to other bustling Sydney’s wealthiest suburbs.

What Makes Hunters Hill Wealthy

Hunters Hill is one of Sydney’s wealthiest suburbs, with a unique mix of heritage charm and modern affluence. Many homes here are preserved sandstone mansions dating back over a century, reflecting both historical prestige and current high property values. The suburb’s riverside location, leafy streets, and proximity to the CBD make it highly desirable.

Lifestyle & Community

Life in Hunters Hill is quieter than busier harbourside suburbs like Mosman or Point Piper, offering a calm, family-friendly environment. Residents enjoy access to riverside parks, local cafés, boutique shops, and ferry connections. The area attracts affluent families, professionals, and retirees seeking peace without sacrificing proximity to the city.

Should You Live Here?

Hunters Hill is ideal for those who value heritage, greenery, and a quieter lifestyle, while still wanting to live in an elite part of Sydney. Families benefit from top schools, outdoor activities, and a strong sense of community. However, it may not appeal to those seeking the bustling urban life of Sydney’s CBD-adjacent suburbs.

Highlight

The suburb is famous for its historic sandstone mansions and tree-lined streets, offering a rare combination of heritage prestige and modern luxury.

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Details

Median House Price

$4M–$6M (one of the highest in the Lower North Shore)

Median Weekly Rent

$1,500–$2,500

Famous Streets

Alexandra Street, Mary Street – historic and prestigious avenues

Key Amenities

Parks, boutique shops, cafés, ferry wharves, riverside walking trails

Unique Lifestyle Perk

Riverside living with historic charm, leafy streets, quiet environment

7. Double Bay

Dubbed the “Double Bay Bubble,” this suburb is synonymous with boutique shopping, fine dining, and luxury apartments. It attracts both professionals and retirees who crave exclusivity.

What Makes Double Bay Wealthy

Double Bay, often called the “Double Bay Bubble,” is one of Sydney’s wealthiest suburbs due to its combination of coastal prestige, boutique living, and strong property demand. Unlike harbourside mega-mansions in Point Piper, Double Bay offers a blend of luxury apartments and boutique homes. Its exclusivity, high-end retail, and fine dining make it a magnet for those who value both lifestyle and social prestige.

Lifestyle & Community

Double Bay residents enjoy a vibrant yet refined lifestyle. The suburb is a haven for professionals and retirees seeking calm coastal living without sacrificing convenience. Cafés, gourmet restaurants, and boutique stores line the streets, while Double Bay Beach and private marinas provide leisure opportunities. The community is affluent but accessible, with a mix of younger professionals and established families.

Should You Live Here?

If you’re seeking luxury living with social vibrancy and coastal access, Double Bay is ideal. It’s perfect for families, retirees, and professionals who want proximity to Sydney CBD while enjoying a boutique, community-oriented atmosphere.

Highlight

Double Bay’s unique charm lies in its combination of beachside serenity, high-end shopping, and marina lifestyle — a rare blend that makes it stand out among Sydney’s wealthy suburbs.

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Details

Median House Price

$5.5M – $8M

Median Weekly Rent

$1,800 – $2,500

Key Amenities

Boutique shopping, gourmet dining, coastal cafés, ferry access

Transport Access

Easy drive to CBD, bus routes, ferry service from nearby Rose Bay

Unique Lifestyle Perk

Stroll to Double Bay Beach, marina access, vibrant café culture

8. Cremorne Point 

Cremorne Point is celebrated for its Art Deco apartments and proximity to the harbour. It offers a serene lifestyle with easy ferry access to the city.

What Makes Cremorne Point Wealthy

Cremorne Point is one of Sydney’s wealthiest suburbs on the Lower North Shore. Its limited waterfront property, Art Deco charm, and scenic harbour views drive high property demand. Buyers are often affluent professionals and families seeking prestige combined with serenity, without being far from the CBD.

Lifestyle & Community

Residents enjoy a peaceful lifestyle with access to walking trails along the harbour, small cafés, boutique shops, and ferry transport to the city. The suburb balances elegance and convenience, making it highly desirable for those who value both leisure and accessibility.

Should You Live Here?

Cremorne Point is perfect for people who want harbourside living without the bustle of eastern suburbs. It’s ideal for professionals, small families, or retirees who value a scenic, quiet environment with easy city access.

Highlight

The Cremorne Point Walk is a major attraction — a scenic coastal trail connecting to Neutral Bay and offering panoramic views of Sydney Harbour.

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Details

Median House Price

$5.5M+

Median Weekly Rent

$2,500+

Key Amenities

Ferry wharf, boutique cafés, waterfront parks, local shops

Schools Nearby

Cammeray Public School, Mosman High School

Transport Access

Easy ferry to Circular Quay, buses to CBD and Lower North Shore

Unique Lifestyle Perk

Stunning harbour views with waterfront walking trails

9. Woollahra 

Woollahra is known for its leafy streets, art galleries, and Victorian-style homes. It’s one of the richest areas in Sydney, offering both sophistication and a tight-knit community vibe.

  • Median House Price: $5–6M+

  • Median Weekly Rent: $1,800–$2,500

  • Location: Eastern Suburbs, 5 km from Sydney CBD

What Makes It Wealthy

Woollahra is one of the richest areas in Sydney due to its combination of heritage charm, boutique lifestyle, and prime Eastern Suburbs location. The suburb’s Victorian terraces and historic mansions maintain high property values, while tree-lined streets and a village-like atmosphere make it extremely desirable.

Lifestyle & Community

The suburb offers a sophisticated yet cozy vibe. Residents enjoy local art galleries, designer boutiques, gourmet cafés, and leafy parks. Woollahra attracts affluent families, professionals, and culture enthusiasts who value community while staying close to the CBD.

Should You Live Here?

Woollahra is perfect for those who want luxury living with cultural richness and a family-friendly environment. While more accessible than Point Piper, property prices remain high, reflecting its elite status.

Highlight

Ocean Street acts as Woollahra’s cultural and commercial hub, blending boutique shopping, dining, and artistic flair — a key reason for the suburb’s enduring appeal.

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Details

Median House Price

$5–6M+

Median Weekly Rent

$1,800–$2,500

Key Amenities

Art galleries, designer boutiques, gourmet restaurants, parks

Transport Access

Close to buses, Edgecliff Station (train), and city roads

Unique Lifestyle Perk

Tree-lined streets with a village-like charm and a focus on arts & culture

10. Kirribilli 

Living in Kirribilli means sharing a neighbourhood with the Prime Minister’s residence. With its harbourfront apartments and unbeatable views, it’s no wonder Kirribilli ranks among Sydney’s wealthiest suburbs.

What Makes It Wealthy

This suburb combines prestige and proximity. Its harbourfront apartments and terraces attract Sydney’s elite, including business executives and politicians. Being a short ferry ride from Circular Quay adds unmatched convenience while maintaining a secluded, premium lifestyle.

Lifestyle & Community

Residents enjoy a mix of heritage charm and modern amenities. Kirribilli has boutique cafés, restaurants, ferry access, and green spaces like Kirribilli Reserve. It’s perfect for families, young professionals, and high-net-worth individuals seeking a balance between city life and a quieter, exclusive community.

Should You Live Here?

Kirribilli is ideal if you want breathtaking harbour views, luxury living, and immediate CBD access. However, like other Sydney’s wealthiest suburbs, property prices are high, making it suitable primarily for the affluent.

Highlight

From your balcony, you can enjoy a daily view of the Sydney Opera House and Harbour Bridge, a lifestyle only a few can afford.

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Details

Median House Price

$4.5M+ (varies with apartment or heritage terrace)

Median Weekly Rent

$2,500–$3,500

Key Amenities

Cafés, boutique shops, ferry access to CBD, proximity to Milsons Point

Transport Access

Ferries to Circular Quay, buses, and close road links to the city

Unique Lifestyle Perk

Uninterrupted views of the Sydney Opera House, Harbour Bridge, and Luna Park

11. Paddington 

Paddington combines historic terraces with a thriving café and art scene. It appeals to both established families and younger professionals seeking culture with class.

What Makes Paddington Wealthy

Paddington is part of Sydney’s wealthiest suburbs due to its heritage homes, high demand, and cultural cachet. The preserved Victorian terraces are highly sought after, driving property values up, and the area attracts both young professionals and established families who value style and convenience.

Lifestyle & Community

The suburb is a mix of heritage charm and modern vibrancy. Residents enjoy weekend strolls through Paddington Markets, boutique shopping along Oxford Street, and a thriving café culture. Its proximity to the CBD makes it ideal for professionals, while the leafy streets appeal to families.

Should You Live Here?

Paddington is perfect if you want a blend of culture, style, and city convenience. While it’s expensive, it offers a unique lifestyle with historic architecture, boutique living, and access to some of Sydney’s best creative amenities.

Highlight

Oxford Street and Paddington Markets make this suburb a hotspot for culture, art, and dining, setting it apart from other heritage-rich areas.

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Details

Median House Price

$4.5M+ (varies depending on terrace or apartment)

Median Weekly Rent

$1,500–$2,200

Key Amenities

Art galleries, boutique shopping, cafés, Paddington Markets, parks

Transport Access

Close to buses, light rail to CBD, and pedestrian-friendly streets

Unique Lifestyle Perk

Trendy café culture, art galleries, and weekend markets

12. Northbridge 

Northbridge is famed for its grand homes, many with waterfront views of Middle Harbour. Its family-friendly lifestyle, parks, and golf courses add to its allure.

What Makes It Wealthy

Northbridge is one of the wealthiest suburbs in Sydney’s Lower North Shore, thanks to its exclusive waterfront properties and limited land availability. Homes here often feature private jetties, expansive gardens, and panoramic views of Middle Harbour, making the area highly sought-after among affluent families and executives.

Lifestyle & Community

Northbridge offers a relaxed, family-oriented lifestyle. Residents enjoy access to leafy parks, golf courses, and water-based recreation. The suburb is quiet yet connected, with easy access to the CBD, Mosman, and Chatswood shopping precincts. Its community is a mix of wealthy professionals, retirees, and families seeking prestige without the hustle of inner-city living.

Should You Live Here?

Northbridge is perfect for those looking for a balance of luxury and family-friendly living. While property prices are high, they’re more attainable than harbourside eastern suburbs like Point Piper. If privacy, scenic views, and a serene environment matter most, Northbridge is a top choice.

Highlight

Many homes in Northbridge feature direct Middle Harbour access, allowing residents to enjoy boating, kayaking, and other water-based activities right from their backyard.

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Details

Median House Price

$4.5M+

Median Weekly Rent

$2,200–$2,800

Key Amenities

Middle Harbour parks, golf courses, private marinas, local cafés

Unique Lifestyle Perk

Panoramic Middle Harbour views, private waterfront access

13. Rose Bay 

Rose Bay offers a relaxed coastal vibe with luxury. From waterfront mansions to chic apartments, it’s also a hub for sailing and private aviation.

What Makes It Wealthy

Rose Bay’s prime waterfront properties, access to private marinas, and high demand for luxury homes place it among Sydney’s wealthiest suburbs. It’s also popular among yachting enthusiasts and private aviation users, which adds to its exclusivity.

Lifestyle & Community

Life in Rose Bay is about balance — enjoying stunning harbour views, walking along scenic beaches, or taking part in sailing and private aviation activities. The suburb hosts a mix of affluent families, professionals, and retirees, all drawn to its serene yet prestigious environment. Schools like Cranbrook and Kambala ensure elite education options, while boutique cafés and harbourside amenities provide leisure without the city crowds.

Should You Live Here?

Rose Bay is ideal for those seeking a relaxed coastal lifestyle with luxury, especially if you enjoy sailing or prefer a quieter, scenic alternative to the busier harbourside suburbs. While more affordable than Point Piper, it still requires a high-income bracket to access premium properties.

Highlight

The suburb’s private marinas and proximity to the open ocean make it a haven for sailing enthusiasts and those who value scenic waterfront living.

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Details

Median House Price

$7M+

Median Weekly Rent

$2,500–$3,500

Key Amenities

Sailing clubs, beaches, boutique cafés, private marinas, aviation facilities

Unique Lifestyle Perk

Coastal walks, private sailing, and scenic harbour views

14. Bronte 

Bronte is smaller than Bondi but no less exclusive. With its beachfront properties and laid-back lifestyle, it remains one of the most desirable suburbs in Sydney.

What Makes Bronte Wealthy

Although smaller than Bondi, Bronte is one of the richest areas in Sydney due to its beachfront real estate, limited land, and high demand from affluent buyers. Its proximity to iconic beaches and coastal walking tracks makes it highly desirable for lifestyle-focused residents.

Lifestyle & Community

Bronte offers a mix of tranquility and active coastal living. Residents enjoy direct beach access, surfing, Bronte Baths, and a range of cafés, boutique shops, and outdoor leisure options. The community is mostly professionals and affluent families who value both prestige and lifestyle.

Should You Live Here?

Bronte is perfect for those seeking beachfront luxury without the crowds of Bondi. Families and professionals alike enjoy the serene environment, recreational lifestyle, and strong sense of community. Property prices are high, but the lifestyle rewards are unmatched.

Highlight

Bronte Beach and the coastal walk to Bondi and Coogee make this suburb one of Sydney’s most picturesque and desirable locations.

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Details

Median House Price

$5.5M+

Median Weekly Rent

$2,500–$3,000

Famous Streets

Macpherson Street, Beach Road

Key Amenities

Bronte Beach, coastal walking tracks, cafés, boutique shopping

Unique Lifestyle Perk

Direct beach access and iconic Bronte Baths for leisure and recreation

15. Balmain

Balmain is rich in history and charm, featuring heritage terraces, boutique shops, and waterfront pubs. It’s a popular choice for professionals who value proximity to the CBD.

What Makes Balmain Wealthy

Balmain may not match the astronomical prices of harbourside mansions in Point Piper, but it remains one of Sydney’s wealthiest suburbs due to its heritage charm, prime location, and high demand properties. The combination of historic terraces, modern apartment conversions, and waterfront views makes it highly sought after by professionals and creatives alike.

Lifestyle & Community

Balmain is a perfect mix of history and modern urban lifestyle. Residents enjoy boutique shopping along Darling Street, vibrant café culture, local markets, and a buzzing pub scene. The suburb also offers ferry access to Circular Quay, making it convenient for commuters who work in the CBD. Its streets are lined with heritage buildings, and the community is made up of professionals, families, and long-term locals who value both culture and convenience.

Should You Live Here?

Balmain is ideal if you’re looking for a vibrant inner-city lifestyle without sacrificing charm or harbour views. It’s particularly suited for young professionals, creatives, and families who want to live close to the CBD but in a historic, culturally rich environment. While it’s not as expensive as some Eastern Suburbs enclaves, it still reflects prestige and exclusivity in the Inner West.

Highlight

Balmain’s Darling Street is a local landmark, known for its boutique shops, cafes, and waterfront pubs, creating a vibrant lifestyle that combines history with modern living.

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Details

Median House Price

$3.5M – $5M+ depending on property type

Median Weekly Rent

$1,500 – $2,500

Famous Streets

Darling Street – boutique shops, cafes, pubs

Key Amenities

Waterfront pubs, boutique stores, local markets, ferries to CBD

Unique Lifestyle Perk

Vibrant café culture, historic streets, harbourfront walks

16. Clontarf 

Clontarf, nestled near Manly, is a blend of tranquil beaches and luxury homes. It’s a quieter alternative to other bustling richest suburbs in Sydney.

What Makes Clontarf Wealthy

Clontarf is one of the richest suburbs in Sydney because it combines a rare coastal lifestyle with luxury real estate. Properties here are highly sought-after for their harbour and ocean views, spacious designs, and proximity to Manly’s amenities without the hustle of more central wealthy suburbs.

Lifestyle & Community

Living in Clontarf is all about tranquillity and coastal charm. Residents enjoy easy access to pristine beaches, scenic walking paths, and nearby cafés and boutique shops. The suburb attracts well-off families and professionals who want both a relaxed lifestyle and proximity to Sydney’s CBD.

Should You Live in Clontarf?

Clontarf is perfect for those seeking a quieter alternative to the busier richest suburbs in Sydney. It’s ideal for families, professionals, or anyone who values coastal serenity combined with luxury living.

Highlight

Clontarf offers some of the most scenic coastal walks in the Northern Beaches, making it a blend of relaxation and prestige that’s hard to find elsewhere in Sydney.

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Details

Median House Price

$5.5M – $7M (varies depending on waterfront proximity)

Median Weekly Rent

$2,500 – $3,200

Famous Streets

Cliff Road – scenic waterfront properties

Key Amenities

Private beaches, walking trails, local cafés, boating clubs

Unique Lifestyle Perk

Tranquil beaches and scenic coastal walks, ideal for weekend getaways

17. Seaforth

Seaforth offers expansive waterfront properties overlooking Middle Harbour. With bushland reserves nearby, it strikes a balance between natural beauty and exclusivity.

What Makes Seaforth One of Sydney’s Wealthiest Suburbs

Seaforth is widely recognized as a richest suburb in Sydney because of its exclusive waterfront properties and proximity to Middle Harbour. Unlike the denser eastern suburbs, Seaforth combines coastal prestige with a calm, bushland environment. The scarcity of large waterfront blocks and limited land availability keeps property values consistently high.

Residents enjoy privacy, natural surroundings, and a strong sense of community. It’s not only a retreat from the city’s hustle but also a statement of affluence for those who live here.

Lifestyle & Community

Life in Seaforth is perfect for those who value nature, luxury, and convenience. The suburb is home to affluent families, professionals, and executives who enjoy:

  • Peaceful streets surrounded by bushland and parks

  • Easy access to Northern Beaches leisure options such as golf clubs, coastal walks, and sailing

  • Boutique cafés, fine dining, and shopping in nearby Mosman and Manly

  • High-quality schools like St. Luke’s Grammar and Balgowlah Heights Public School

Despite being slightly farther from the CBD than eastern suburbs, Seaforth maintains excellent connectivity via bus and freeway routes.

Should You Live in Seaforth?

Seaforth is ideal for those who want a prestigious, family-friendly, and nature-focused lifestyle without giving up access to Sydney’s city centre. While not as expensive as Point Piper or Darling Point, it still represents one of the richest suburbs in Sydney due to exclusivity, large waterfront homes, and a high standard of living.

Highlight: Seaforth offers an unmatched combination of Middle Harbour views and serene bushland, making it a rare gem for luxury living on Sydney’s Northern Beaches.

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Details

Median House Price

$5.5M+

Median Weekly Rent

$2,500+

Key Amenities

Golf clubs, bushland reserves, boutique cafés, and harbourside parks

Unique Lifestyle Perk

Panoramic Middle Harbour views combined with serene bushland surroundings

18. Strathfield 

When it comes to the richest suburbs in western Sydney, Strathfield tops the list. Known for its sprawling mansions, elite schools, and cultural diversity, it’s a magnet for affluent families.

What Makes Strathfield One of the Richest Suburbs in Western Sydney

Strathfield is widely recognized as one of the richest suburbs in Western Sydney due to its combination of expansive properties, cultural diversity, and excellent infrastructure. Unlike many eastern suburbs, Strathfield provides affluent families with more space, large heritage homes, and leafy streets while still maintaining convenient access to Sydney CBD.

Its real estate market features sprawling mansions, often with private pools and gardens, making it a standout suburb for wealthy families who want room to grow. The suburb’s strategic location near major transport routes and commercial hubs has further boosted property values, solidifying its place among Sydney’s wealthiest suburbs.

Lifestyle & Community

Strathfield is perfect for families and professionals who value both luxury and convenience. Residents enjoy:

  • Elite schooling options, including Trinity Grammar School and Strathfield Girls High.

  • Parks and recreational spaces for children and adults alike.

  • Shopping and dining options that cater to both multicultural tastes and luxury experiences.

  • Strong community networks, blending long-established families with newer affluent residents.

The suburb manages to balance a suburban lifestyle with easy access to the CBD and surrounding business districts.

Should You Live in Strathfield?

Strathfield is ideal if you’re looking for:

  • Spacious homes compared to the more compact Eastern Suburbs.

  • Affluent family-oriented living with excellent schools and safe streets.

  • Western Sydney prestige, without paying the extreme prices of Point Piper or Vaucluse.

While not as internationally famous as Sydney’s eastern harbourside suburbs, Strathfield offers high-end living at slightly more attainable prices for wealthy families.

Highlight

Strathfield combines heritage charm, modern luxury, and multicultural vibrancy, making it a unique contender among Sydney’s richest suburbs in western Sydney.

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Details

Median House Price

$4–6M (top-tier properties in Western Sydney)

Median Weekly Rent

$1,500–2,500

Key Amenities

Elite schools, parks, shopping centres, cultural hubs

Community Profile

Wealthy families, professionals, and culturally diverse residents

Unique Lifestyle Perk

Close to Parramatta River, private gardens, family-friendly parks

19. Burwood 

Burwood has transformed into one of the richest suburbs in western Sydney, thanks to its booming property market, upscale apartments, and vibrant shopping districts.

What Makes Burwood One of the Richest Suburbs in Western Sydney

Burwood has seen a dramatic transformation in recent years. Once a quiet residential area, it is now a major hub in Western Sydney, with property prices steadily climbing thanks to high demand and upscale apartment developments. Its combination of modern apartments, townhouses, and a vibrant commercial centre has attracted investors and young professionals.

The suburb also benefits from excellent transport connectivity to Sydney CBD, including the Burwood train station on the T1 Western Line, frequent buses, and major road access, making it highly desirable for commuters.

Lifestyle & Community

Burwood is perfect for those who enjoy a dynamic, urban lifestyle in Western Sydney. Residents have access to Westfield Burwood, countless cafés, restaurants, boutique shops, and entertainment options, all within walking distance. Parks and green spaces like Burwood Park offer leisure options for families, while the mix of modern apartments and townhouses attracts both young professionals and established families.

Should You Live in Burwood?

Burwood is ideal if you want the benefits of an up-and-coming affluent suburb in Western Sydney without the exorbitant property prices of Eastern Sydney. It suits professionals, small families, and investors, offering lifestyle convenience, strong property growth, and easy access to schools and shopping.

Highlight

Burwood combines urban vibrancy with residential comfort, making it one of the richest suburbs in western Sydney and a smart choice for those looking to invest or settle in the western part of the city.

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Details

Median House Price

$2.5M – $3.5M (rising due to high demand)

Median Weekly Rent

$700 – $900

Key Amenities

Westfield Burwood, cafes, restaurants, cinemas, parks

Unique Lifestyle Perk

Vibrant shopping and cultural hub with easy CBD access

20. Parramatta 

Parramatta may be the business hub of the west, but it’s also home to luxury riverfront apartments and heritage homes. It showcases how richest areas in Sydney are no longer confined to the east.

What Makes Parramatta a Wealthy Suburb

Parramatta may historically be known as the business hub of Western Sydney, but in recent years, it has emerged as one of the richest areas in Sydney. Luxury riverfront apartments and heritage homes along the Parramatta River attract affluent professionals and investors. High demand, combined with strategic infrastructure developments, has increased property values significantly over the last decade.

Lifestyle & Community

Parramatta offers a perfect blend of urban convenience and luxury living. Residents enjoy proximity to riverside parks, world-class shopping at Westfield Parramatta, fine dining along the waterfront, and access to cultural attractions like Riverside Theatres and historic sites. The suburb has a strong community of professionals, executives, and families who prefer a quieter, spacious environment compared to Sydney’s eastern suburbs.

Should You Live in Parramatta?

Parramatta is ideal for those who want luxury living without the astronomical prices of eastern Sydney suburbs. Families and professionals benefit from excellent schools, transport access, and a vibrant lifestyle, making it one of the top choices among richest suburbs in western Sydney.

Highlight

Parramatta combines heritage charm with modern luxury developments, demonstrating that Sydney’s wealthiest suburbs are no longer confined to the east.

Feature

Details

Median House Price

$3.5M+ (for luxury riverfront and heritage homes)

Median Weekly Rent

$1,200–$1,500

Key Amenities

Shopping at Westfield Parramatta, Parramatta Park, cultural centers, riverside dining

Unique Lifestyle Perk

Riverside lifestyle with a mix of urban convenience and heritage charm

Why These Suburbs Stand Out

Each suburb on this list represents more than just high property values—it reflects a lifestyle of exclusivity, prestige, and opportunity. From the harbourside elegance of Point Piper to the family-oriented affluence of Strathfield, these are the communities where Sydney’s elite choose to live.

For those considering relocating, it’s worth noting that Sydney offers a wide spectrum of prestigious options. Whether you’re after the buzzing eastern suburbs or the best suburbs to live in Sydney for families, there’s something for every taste.

Lifestyle and Investment Benefits of Living in Sydney’s Wealthiest Suburbs

1. Proximity to the CBD

Most of the richest suburbs in Sydney are conveniently located near the central business district, reducing commute times.

2. Access to Elite Schools

Suburbs like Bellevue Hill and Strathfield are renowned for top private and selective schools, making them ideal for families.

3. Lifestyle Amenities

From exclusive yacht clubs to high-end shopping districts, these suburbs offer unmatched luxury and convenience.

4. Long-Term Investment Potential

Property values in Sydney’s wealthiest areas consistently outperform other regions, making them a prime choice for investors.

Final Thoughts

Sydney’s property market continues to shine, and living in the richest areas in Sydney offers both lifestyle perks and long-term financial rewards. From harbourside luxury in Point Piper to emerging prestige in western hubs like Strathfield, each suburb on this list embodies the city’s diversity in wealth and style.

If you’re considering relocating, working with a trusted advisor such as a migration consultant in Australia can help smooth the process, especially if you’re moving from overseas.

FAQs 

Q1: What is the richest suburb in Sydney?
Point Piper is widely regarded as the richest suburb in Sydney, with multi-million-dollar waterfront mansions and unmatched prestige.

Q2: Which are the richest suburbs in western Sydney?
Strathfield, Burwood, and Parramatta rank among the richest suburbs in western Sydney due to luxury housing and strong infrastructure.

Q3: Are Sydney’s wealthiest suburbs good for families?
Yes, suburbs like Bellevue Hill, Mosman, and Strathfield offer excellent schools, parks, and family-friendly communities.

Q4: How much does it cost to live in Sydney’s richest areas?
House prices in top-tier suburbs like Point Piper often exceed $20 million, while western suburbs like Strathfield range between $3–$6 million.

Q5: Can new buyers enter Sydney’s wealthiest suburbs?
While prices are high, luxury apartments in areas like Double Bay or Cremorne Point provide entry-level options for new buyers.

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