Sydney is one of the most sought after locations for a nest egg at the moment and its house prices are a good match for that. With homes easily grabbing multi-million dollar sums, getting your hands on property in Sydney can be an exhausting battle. However, with perseverance and the right lender, you can secure a home in the luxury of Sydney suburbs and begin to enjoy the perks of what the city has to offer. I’ll take you through five of the most expensive suburbs in Sydney and show you exactly why they’re deserving of their price tags. If you’re looking at buying in one of the most expensive suburbs, then you’re going to want the cheapest home loans! To get that, check out Newcastle Permanent Building Society.
- Darling Point, 2027.
Barely 4KM from Sydney’s CBD, Darling Point resides on the Harbour in the middle of Sydney. Home to the Olympic sailing events, Darling Point offers beautiful homes with unmatched views of the city. Its location on the harbour means you’ll have first class views of the New Year’s fireworks that you’ll never get tired of. Homes in Darling point fetch a median price of about $5.7 million.
- Cremorne Point, 2090.
A little further out of the CBD at 6KM north, is Cremorne Point. This town is again Harbourside and is the best location when it comes to Sydney’s New Year’s fireworks display. With beautiful gardens and nature walks that will have you thinking that you’re in another world, Cremorne Point homes usually score $4.8 million.
- Bellevue Hill, 2023.
Aligned 5KM east of the CBD is the dreamy suburb of Bellevue Hill. Properties on Bellevue Hill provide a tranquil retreat with stunning views that are only minutes away from the buzz of the city. With one of the mansions being used formerly for the French Consulate, you can just imagine the standard of real estate available in the area. Homes in Bellevue Hill have a median price of $4.7 million.
- Vaucluse, 2030.
8KM north-east of the CBD, Vaucluse pins itself in the Eastern Suburbs of Sydney. Located month South Head Peninsular, this region delivers incredible views of the harbour and neighbouring Bays. With numerous heritage listings and deep historical roots, Vaucluse commands an average house price of $4.3 million. Newcastle Permanent can help you reach this demand with its cheap home loans. They offer a 4.27%PA comparison rate for their Premium Plus Package home loan which boosts a competitive margin over other lenders.
- Tamarama, 2026.
Beachside living is mandatory for the suburb of Tamarama. Just 6KM east of the CBD, this suburb’s beaches are encased by surrounding parklands and nature. In the middle of the town, is the hidden gem of Tamarama Beach. Located in between two huge headlands, this (optionally) topless beach is the place to be for Sydney’s elite best. Property in Tamarama usually grabs $3.8 million.
The city of Sydney is a stunning location that is in high demand. While all the homes in Sydney certainly don’t reach these price tags, many homes are creeping into the million dollar mark. When buying a home it’s important to love the location as much as the building. When buying into Sydney, you are guaranteed a luxurious lifestyle that is surrounded by both beaches, forests and night life – a balance that is hard to reach. Deciding to purchase a home is a big step which is why it is important to be on top of your finances. With a reliable lender such as Newcastle Permanent, you can get the cheapest home loans for the most beautiful home in Sydney today.