Canterbury-Bankstown kicks off with two suburbs in Sydney's $1 million house median club
Another 31 suburbs have joined, perhaps temporarily, Sydney's million-dollar median house club, new figures from Australian Property Monitors show.
Sydney's northern beaches have eight suburbs with fresh seven-figure medians.
They include Warriewood, with a median house price of $1,077,000; North Narrabeen's median house price at $1,002,500, and Davidson with a $1,138,000 median.
One of the last inner city suburbs to break the barrier was Darlington at $1,026,000.
Dr Andrew Wilson, the senior economist at the Domain Group, noted the Canterbury-Bankstown region featured on the list for the first time.
Ashbury and Hurlstone Park have medians above $1 million.
APM noted in the first half of the year the median house price for the Canterbury-Bankstown region increased by 8.3% to a record $720,000 high.
There 123 suburbs in the club in 2013.
Then 170 suburbs with a $1 million median house price, according to Australian Property Monitors, from sales data over the six months to March this year.
Back in 1993 there were just five harbourfront suburbs.
A decade later there were 69 suburbs in million dollar territory.
It is now more than one in five suburbs.
