Sydney dominates most expensive housing suburbs

Sydney dominates most expensive housing suburbs
Joel RobinsonFebruary 4, 2016

Sydney has unsurprisingly dominated the latest most expensive housing suburbs.

The figures, correct as of December, show Centennial Park topping the list with a median value of $6.29 million per house.

Point Piper edges Darling Point after it's $39 million sale of Villa del Mare, $39.9 million of Mandalay and two more on Wunulla Road which sold for $28 million and $18 million.

Peppermint Grove in Perth is the only non-New South Wales suburb.

Vaucluse's surprisingly misses out on the top three despite Jamie Packers $70 million sale of La Mer in August. 

Whale Beach comes in at 10th place. It's latest sales see Google Australia boss Maile Carnegie and her executive consultant husband Charles outlay $3.52 million on a Whale Beach weekender. 

Maile Carnegie was appointed to head Google in mid-2013, moving across from her role as managing director at Procter & Gamble.

Charles Carnegie heads The Waypoint Group corporate advisory firm. The Malo Road property last traded when bought by the Hatty family for $180,000 around 36 years ago. It was listed through LJ Hooker Palm Beach’s David Edwards.

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Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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