In 2021 we experienced a once-in-a-generation property boom that resulted in almost 400 suburbs joining the million-dollar club around Australia.
In other words, their median price was over $1 million
Based on CoreLogic data published in The Australian NSW had the biggest representation on the list, totaling 176 locations, with many centred around southwest Sydney and the state’s Central Coast.
While Sydney’s median property value increased by 25.8% over the last year, as you’ll see in the table below, property values in some top-performing suburbs increased by more than 40%, while many suburbs had more than 30% increase in value.
And interestingly many of these suburbs were traditionally more affordable working-class areas.
Here are the Greater Sydney suburbs that joined the million-dollar club.
SA4
Suburb
Median value (current)
Median value (12m ago)
Annual change
Month values reached $1m
Central Coast
Chittaway Point
$1,068,890
$761,539
40.4%
Sydney – Baulkham Hills and Hawkesbury
Box Hill
$1,292,340
$923,784
39.9%
Sydney – Sutherland
Loftus
$1,384,638
$994,710
39.2%
Feb-21
Central Coast
Umina Beach
$1,095,576
$787,246
39.2%
Sep-21
Central Coast
Davistown
$1,166,821
$841,563
38.6%
May-21
Sydney – Sutherland
Engadine
$1,322,475
$968,783
36.5%
Mar-21
Central Coast
the Entrance North
$1,051,192
$771,508
36.3%
Sydney – Sutherland
Heathcote
$1,296,148
$952,533
36.1%
Sydney – Northern Beaches
Manly Vale
$1,260,830
$927,859
35.9%
Central Coast
Blackwall
$1,078,953
$794,626
35.8%
Sep-21
Central Coast
Kincumber
$1,074,625
$792,001
35.7%
Sep-21
Central Coast
Magenta
$1,325,211
$976,786
35.7%
Sydney – Northern Beaches
Brookvale
$1,153,419
$854,761
34.9%
May-21
Central Coast
Long Jetty
$1,060,786
$786,428
34.9%
Central Coast
Bateau Bay
$1,014,142
$752,377
34.8%
Nov-21
Central Coast
Shelly Beach
$1,241,073
$921,820
34.6%
May-21
Central Coast
Blue Bay
$1,069,928
$795,897
34.4%
Oct-21
Central Coast
Lisarow
$1,122,567
$835,934
34.3%
Aug-21
Central Coast
Tascott
$1,009,390
$753,885
33.9%
Nov-21
Central Coast
Booker Bay
$1,154,137
$862,902
33.8%
Central Coast
Green Point
$1,207,560
$906,205
33.3%
May-21
Central Coast
Saratoga
$1,224,033
$918,824
33.2%
Apr-21
Central Coast
Empire Bay
$1,265,255
$951,195
33.0%
Central Coast
Ettalong Beach
$1,015,124
$765,418
32.6%
Nov-21
Central Coast
Erina
$1,240,332
$938,729
32.1%
Sydney – South West
Leppington
$1,058,623
$801,533
32.1%
Sydney – Parramatta
Old Toongabbie
$1,191,187
$902,318
32.0%
May-21
Sydney – Northern Beaches
Dee Why
$1,161,568
$883,271
31.5%
Jun-21
Sydney – Outer South West
Harrington Park
$1,270,909
$967,261
31.4%
Apr-21
Sydney – Outer West and Blue Mountains
Glenbrook
$1,120,271
$857,713
30.6%
Jun-21
Sydney – Ryde
Gladesville
$1,285,020
$987,690
30.1%
Sydney – Outer South West
the Oaks
$1,063,857
$823,723
29.2%
Sydney – Parramatta
Constitution Hill
$1,211,113
$938,202
29.1%
Central Coast
Koolewong
$1,048,694
$812,638
29.0%
Sydney – Blacktown
Marsden Park
$1,045,389
$814,565
28.3%
Sydney – Inner South West
Milperra
$1,169,895
$912,210
28.2%
Apr-21
Sydney – Outer South West
Glen Alpine
$1,026,005
$801,095
28.1%
Oct-21
Sydney – Eastern Suburbs
Centennial Park
$1,109,763
$871,032
27.4%
Sydney – Outer South West
Wilton
$1,119,390
$879,217
27.3%
Sydney – Sutherland
Miranda
$1,147,876
$902,948
27.1%
Feb-21
Sydney – Outer South West
Picton
$1,042,888
$821,198
27.0%
Sydney – North Sydney and Hornsby
Lane Cove
$1,144,537
$901,707
26.9%
Mar-21
Sydney – Outer South West
Oakdale
$1,010,840
$797,056
26.8%
Nov-21
Sydney – Outer South West
Appin
$1,020,872
$805,595
26.7%
Nov-21
Sydney – Blacktown
Acacia Gardens
$1,194,519
$943,539
26.6%
May-21
Sydney – Ryde
Marsfield
$1,129,175
$892,949
26.5%
May-21
Sydney – Outer South West
Elderslie
$1,019,358
$806,682
26.4%
Nov-21
Sydney – Blacktown
Kings Park
$1,011,546
$800,986
26.3%
Oct-21
Sydney – Parramatta
Telopea
$1,086,084
$862,162
26.0%
Sydney – Outer South West
Denham Court
$1,060,140
$842,657
25.8%
Sep-21
Sydney – Outer West and Blue Mountains
Silverdale
$1,027,782
$817,373
25.7%
Nov-21
Sydney – Blacktown
Schofields
$1,152,512
$919,727
25.3%
May-21
Sydney – Blacktown
Colebee
$1,156,872
$925,142
25.0%
Apr-21
Sydney – Inner South West
Birrong
$1,033,600
$826,830
25.0%
Sydney – Inner South West
Ramsgate
$1,139,931
$913,166
24.8%
Sydney – North Sydney and Hornsby
Artarmon
$1,128,693
$905,100
24.7%
Apr-21
Sydney – South West
Gregory Hills
$1,045,045
$840,797
24.3%
Oct-21
Sydney – Inner South West
Bass Hill
$1,077,955
$867,743
24.2%
Jul-21
Sydney – Inner West
Hurlstone Park
$1,038,380
$838,104
23.9%
Sydney – Sutherland
Cronulla
$1,237,815
$999,340
23.9%
Mar-21
Sydney – Inner South West
Georges Hall
$1,108,148
$895,385
23.8%
Jun-21
Sydney – Inner South West
Condell Park
$1,121,280
$906,141
23.7%
May-21
Sydney – City and Inner South
Eastgardens
$1,073,671
$868,418
23.6%
Sydney – Outer South West
Macquarie Links
$1,140,541
$925,804
23.2%
Jun-21
Sydney – Blacktown
Toongabbie
$1,039,267
$844,416
23.1%
Sep-21
Sydney – Ryde
Epping
$1,098,015
$897,164
22.4%
Sydney – South West
Wattle Grove
$1,059,003
$866,844
22.2%
Sep-21
Sydney – Baulkham Hills and Hawkesbury
Wilberforce
$1,096,964
$898,898
22.0%
Sep-21
Sydney – South West
Oran Park
$1,069,727
$876,713
22.0%
Sydney – South West
Casula
$1,018,475
$834,741
22.0%
Nov-21
Sydney – South West
Chipping Norton
$1,197,827
$981,822
22.0%
Mar-21
Sydney – South West
West Hoxton
$1,116,517
$915,395
22.0%
Sydney – Inner South West
South Hurstville
$1,093,953
$897,522
21.9%
Jul-21
Sydney – Eastern Suburbs
Kensington
$1,165,369
$956,150
21.9%
May-21
Sydney – Parramatta
Regents Park
$1,050,547
$862,826
21.8%
Sydney – Baulkham Hills and Hawkesbury
Kurrajong Heights
$1,025,739
$842,569
21.7%
Nov-21
Sydney – City and Inner South
Botany
$1,059,134
$870,014
21.7%
May-21
Sydney – South West
Cobbitty
$1,043,834
$858,110
21.6%
Oct-21
Sydney – Inner South West
Villawood
$1,009,996
$830,676
21.6%
Aug-21
Sydney – South West
Moorebank
$1,136,930
$935,097
21.6%
Jun-21
Sydney – Inner South West
Greenacre
$1,189,346
$978,305
21.6%
Mar-21
Sydney – Inner South West
Monterey
$1,002,003
$827,045
21.2%
Nov-21
Sydney – City and Inner South
Camperdown
$1,116,880
$922,767
21.0%
Jun-21
Sydney – Inner West
Liberty Grove
$1,079,053
$891,847
21.0%
Sydney – South West
Elizabeth Hills
$1,106,956
$915,005
21.0%
Oct-21
Sydney – Inner South West
Yagoona
$1,058,521
$875,291
20.9%
Jul-21
Sydney – Blacktown
Kings Langley
$1,178,389
$975,117
20.8%
May-21
Sydney – South West
Gledswood Hills
$1,101,682
$912,901
20.7%
Sep-21
Sydney – South West
Hammondville
$1,017,814
$844,758
20.5%
Nov-21
Sydney – South West
Edmondson Park
$1,027,869
$854,222
20.3%
Oct-21
Sydney – Parramatta
Northmead
$1,157,174
$962,203
20.3%
Apr-21
Sydney – South West
Holsworthy
$1,029,531
$856,269
20.2%
Oct-21
Sydney – Parramatta
Girraween
$1,005,349
$840,669
19.6%
Sydney – Outer West and Blue Mountains
Leonay
$1,098,465
$919,605
19.4%
Jun-21
Sydney – City and Inner South
Erskineville
$1,165,015
$978,195
19.1%
Feb-21
Sydney – Ryde
West Ryde
$1,013,989
$851,547
19.1%
Oct-21
Sydney – City and Inner South
Surry Hills
$1,119,605
$940,775
19.0%
May-21
Sydney – City and Inner South
Elizabeth Bay
$1,158,533
$980,886
18.1%
Mar-21
Sydney – City and Inner South
Alexandria
$1,069,469
$910,355
17.5%
Jun-21
Sydney – South West
Carnes Hill
$1,041,111
$887,767
17.3%
Oct-21
Sydney – City and Inner South
Banksmeadow
$1,023,013
$873,433
17.1%
Aug-21
Sydney – Parramatta
Greystanes
$1,065,629
$911,087
17.0%
Jun-21
Sydney – Parramatta
Berala
$1,056,613
$906,757
16.5%
Jul-21
Sydney – North Sydney and Hornsby
St Leonards
$1,132,267
$973,343
16.3%
Jan-21
Sydney – City and Inner South
Potts Point
$1,097,835
$947,272
15.9%
May-21
Sydney – City and Inner South
Rushcutters Bay
$1,068,680
$925,650
15.5%
Jun-21
Sydney – Parramatta
Sefton
$1,021,350
$893,312
14.3%
Sep-21
Sydney – Parramatta
South Wentworthville
$1,096,982
$960,352
14.2%
Sydney – South West
Horningsea Park
$1,023,785
$897,021
14.1%
Oct-21
Sydney – City and Inner South
Waterloo
$1,024,829
$910,350
12.6%
Sydney – City and Inner South
Zetland
$1,014,113
$914,158
10.9%
Aug-21
Suburbs in regional NSW where median dwelling values have risen above $1million this year
SA4
Suburb
Median value (current)
Median value (12m ago)
Annual change
Month values reached $1m
Capital Region
East Jindabyne
$1,088,502
$806,709
34.9%
Oct-21
Capital Region
Jerrabomberra
$1,067,659
$877,117
21.7%
Aug-21
Capital Region
Murrumbateman
$1,072,877
$958,546
11.9%
Oct-21
Coffs Harbour – Grafton
Korora
$1,003,987
$738,002
36.0%
Nov-21
Coffs Harbour – Grafton
Sapphire Beach
$1,009,059
$746,758
35.1%
Coffs Harbour – Grafton
Moonee Beach
$1,020,140
$771,368
32.3%
Hunter Valley exc Newcastle
Fingal Bay
$1,010,370
$754,546
33.9%
Nov-21
Hunter Valley exc Newcastle
Soldiers Point
$1,011,439
$796,478
27.0%
Nov-21
Illawarra
Wongawilli
$1,030,544
$752,909
36.9%
Nov-21
Illawarra
Kiama Downs
$1,328,679
$989,753
34.2%
Feb-21
Illawarra
Woonona
$1,291,697
$971,330
33.0%
Mar-21
Illawarra
Mangerton
$1,014,029
$762,615
33.0%
Nov-21
Illawarra
Figtree
$1,000,647
$760,178
31.6%
Nov-21
Illawarra
Cordeaux Heights
$1,008,888
$768,958
31.2%
Nov-21
Illawarra
Bellambi
$1,079,483
$822,774
31.2%
Sep-21
Illawarra
Towradgi
$1,145,111
$878,338
30.4%
Jun-21
Illawarra
Helensburgh
$1,192,718
$917,615
30.0%
Jun-21
Illawarra
Fernhill
$1,088,009
$837,442
29.9%
Aug-21
Illawarra
Flinders
$1,108,324
$861,046
28.7%
Jul-21
Illawarra
Shellharbour
$1,028,424
$800,048
28.5%
Oct-21
Illawarra
Blackbutt
$1,011,279
$787,266
28.5%
Nov-21
Illawarra
Corrimal
$1,037,894
$813,780
27.5%
Illawarra
Balgownie
$1,063,723
$834,181
27.5%
Oct-21
Illawarra
Fairy Meadow
$1,070,785
$840,928
27.3%
Oct-21
Illawarra
Mount Keira
$1,064,051
$845,624
25.8%
Illawarra
Gwynneville
$1,063,424
$848,334
25.4%
Aug-21
Illawarra
Keiraville
$1,071,562
$859,697
24.6%
Aug-21
Illawarra
Tarrawanna
$1,068,284
$877,116
21.8%
Aug-21
Mid North Coast
Failford
$1,074,394
$856,977
25.4%
Mid North Coast
King Creek
$1,075,089
$858,444
25.2%
Sep-21
Newcastle and Lake Macquarie
Redhead
$1,431,937
$964,531
48.5%
Mar-21
Newcastle and Lake Macquarie
Eleebana
$1,217,844
$869,383
40.1%
Jul-21
Newcastle and Lake Macquarie
Stockton
$1,057,206
$781,570
35.3%
Sep-21
Newcastle and Lake Macquarie
Valentine
$1,180,254
$873,892
35.1%
Jun-21
Newcastle and Lake Macquarie
Catherine Hill Bay
$1,080,550
$820,620
31.7%
Newcastle and Lake Macquarie
Adamstown Heights
$1,016,938
$778,403
30.6%
Nov-21
Newcastle and Lake Macquarie
Murrays Beach
$1,149,527
$882,747
30.2%
Jul-21
Newcastle and Lake Macquarie
Lakelands
$1,169,675
$898,911
30.1%
Jul-21
Newcastle and Lake Macquarie
Caves Beach
$1,000,885
$780,297
28.3%
Nov-21
Newcastle and Lake Macquarie
Broadmeadow
$1,003,335
$782,888
28.2%
Nov-21
Newcastle and Lake Macquarie
Hamilton
$1,005,227
$785,979
27.9%
Nov-21
Newcastle and Lake Macquarie
Carrington
$1,027,106
$810,922
26.7%
Richmond – Tweed
Mullumbimby
$1,283,832
$908,565
41.3%
Mar-21
Richmond – Tweed
Uki
$1,027,073
$727,601
41.2%
Richmond – Tweed
Clunes
$1,073,047
$773,067
38.8%
Jun-21
Richmond – Tweed
Burringbar
$1,243,306
$895,789
38.8%
Jul-21
Richmond – Tweed
Cumbalum
$1,253,509
$921,877
36.0%
Mar-21
Richmond – Tweed
Terranora
$1,168,234
$874,666
33.6%
Richmond – Tweed
Pottsville
$1,223,566
$922,542
32.6%
May-21
Richmond – Tweed
East Ballina
$1,063,166
$810,153
31.2%
Richmond – Tweed
Bogangar
$1,083,969
$853,184
27.0%
Southern Highlands and Shoalhaven
Shoalhaven Heads
$1,110,034
$739,074
50.2%
Oct-21
Southern Highlands and Shoalhaven
Callala Beach
$1,051,648
$702,836
49.6%
Southern Highlands and Shoalhaven
Callala Bay
$1,199,975
$825,144
45.4%
Aug-21
Southern Highlands and Shoalhaven
Currarong
$1,138,413
$786,198
44.8%
Sep-21
Southern Highlands and Shoalhaven
Vincentia
$1,305,995
$902,686
44.7%
Jun-21
Southern Highlands and Shoalhaven
Huskisson
$1,174,011
$816,534
43.8%
Jul-21
Southern Highlands and Shoalhaven
Narrawallee
$1,054,940
$753,005
40.1%
Oct-21
Southern Highlands and Shoalhaven
Renwick
$1,241,613
$892,583
39.1%
May-21
Southern Highlands and Shoalhaven
Milton
$1,072,244
$779,162
37.6%
Southern Highlands and Shoalhaven
Robertson
$1,280,514
$948,129
35.1%
May-21
Southern Highlands and Shoalhaven
Bundanoon
$1,094,205
$815,167
34.2%
Southern Highlands and Shoalhaven
Tomerong
$1,126,752
$852,817
32.1%
Aug-21
Southern Highlands and Shoalhaven
Braemar
$1,074,753
$819,220
31.2%
Aug-21
Southern Highlands and Shoalhaven
Exeter
$1,084,007
$852,643
27.1%