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, totalling 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.

Source: CoreLogic

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

Source: CoreLogic

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$806,70934.9%Oct-21
Capital Region Jerrabomberra$1,067,659$877,11721.7%Aug-21
Capital Region Murrumbateman$1,072,877$958,54611.9%Oct-21
Coffs Harbour – Grafton Korora$1,003,987$738,00236.0%Nov-21
Coffs Harbour – Grafton Sapphire Beach$1,009,059$746,75835.1% 
Coffs Harbour – Grafton Moonee Beach$1,020,140$771,36832.3% 
Hunter Valley exc Newcastle Fingal Bay$1,010,370$754,54633.9%Nov-21
Hunter Valley exc Newcastle Soldiers Point$1,011,439$796,47827.0%Nov-21
Illawarra Wongawilli$1,030,544$752,90936.9%Nov-21
Illawarra Kiama Downs$1,328,679$989,75334.2%Feb-21
Illawarra Woonona$1,291,697$971,33033.0%Mar-21
Illawarra Mangerton$1,014,029$762,61533.0%Nov-21
Illawarra Figtree$1,000,647$760,17831.6%Nov-21
Illawarra Cordeaux Heights$1,008,888$768,95831.2%Nov-21
Illawarra Bellambi$1,079,483$822,77431.2%Sep-21
Illawarra Towradgi$1,145,111$878,33830.4%Jun-21
Illawarra Helensburgh$1,192,718$917,61530.0%Jun-21
Illawarra Fernhill$1,088,009$837,44229.9%Aug-21
Illawarra Flinders$1,108,324$861,04628.7%Jul-21
Illawarra Shellharbour$1,028,424$800,04828.5%Oct-21
Illawarra Blackbutt$1,011,279$787,26628.5%Nov-21
Illawarra Corrimal$1,037,894$813,78027.5% 
Illawarra Balgownie$1,063,723$834,18127.5%Oct-21
Illawarra Fairy Meadow$1,070,785$840,92827.3%Oct-21
Illawarra Mount Keira$1,064,051$845,62425.8% 
Illawarra Gwynneville$1,063,424$848,33425.4%Aug-21
Illawarra Keiraville$1,071,562$859,69724.6%Aug-21
Illawarra Tarrawanna$1,068,284$877,11621.8%Aug-21
Mid North Coast Failford$1,074,394$856,97725.4% 
Mid North Coast King Creek$1,075,089$858,44425.2%Sep-21
Newcastle and Lake Macquarie Redhead$1,431,937$964,53148.5%Mar-21
Newcastle and Lake Macquarie Eleebana$1,217,844$869,38340.1%Jul-21
Newcastle and Lake Macquarie Stockton$1,057,206$781,57035.3%Sep-21
Newcastle and Lake Macquarie Valentine$1,180,254$873,89235.1%Jun-21
Newcastle and Lake Macquarie Catherine Hill Bay$1,080,550$820,62031.7% 
Newcastle and Lake Macquarie Adamstown Heights$1,016,938$778,40330.6%Nov-21
Newcastle and Lake Macquarie Murrays Beach$1,149,527$882,74730.2%Jul-21
Newcastle and Lake Macquarie Lakelands$1,169,675$898,91130.1%Jul-21
Newcastle and Lake Macquarie Caves Beach$1,000,885$780,29728.3%Nov-21
Newcastle and Lake Macquarie Broadmeadow$1,003,335$782,88828.2%Nov-21
Newcastle and Lake Macquarie Hamilton$1,005,227$785,97927.9%Nov-21
Newcastle and Lake Macquarie Carrington$1,027,106$810,92226.7% 
Richmond – Tweed Mullumbimby$1,283,832$908,56541.3%Mar-21
Richmond – Tweed Uki$1,027,073$727,60141.2% 
Richmond – Tweed Clunes$1,073,047$773,06738.8%Jun-21
Richmond – Tweed Burringbar$1,243,306$895,78938.8%Jul-21
Richmond – Tweed Cumbalum$1,253,509$921,87736.0%Mar-21
Richmond – Tweed Terranora$1,168,234$874,66633.6% 
Richmond – Tweed Pottsville$1,223,566$922,54232.6%May-21
Richmond – Tweed East Ballina$1,063,166$810,15331.2% 
Richmond – Tweed Bogangar$1,083,969$853,18427.0% 
Southern Highlands and ShoalhavenShoalhaven Heads$1,110,034$739,07450.2%Oct-21
Southern Highlands and Shoalhaven Callala Beach$1,051,648$702,83649.6% 
Southern Highlands and Shoalhaven Callala Bay$1,199,975$825,14445.4%Aug-21
Southern Highlands and Shoalhaven Currarong$1,138,413$786,19844.8%Sep-21
Southern Highlands and Shoalhaven Vincentia$1,305,995$902,68644.7%Jun-21
Southern Highlands and Shoalhaven Huskisson$1,174,011$816,53443.8%Jul-21
Southern Highlands and Shoalhaven Narrawallee$1,054,940$753,00540.1%Oct-21
Southern Highlands and Shoalhaven Renwick$1,241,613$892,58339.1%May-21
Southern Highlands and Shoalhaven Milton$1,072,244$779,16237.6% 
Southern Highlands and Shoalhaven Robertson$1,280,514$948,12935.1%May-21
Southern Highlands and Shoalhaven Bundanoon$1,094,205$815,16734.2% 
Southern Highlands and Shoalhaven Tomerong$1,126,752$852,81732.1%Aug-21
Southern Highlands and Shoalhaven Braemar$1,074,753$819,22031.2%Aug-21
Southern Highlands and Shoalhaven Exeter$1,084,007$852,64327.1%
Kate Forbes
About Kate Forbes
Kate Forbes is a National Director Property Strategy at Metropole. She has 15 years of investment experience in financial markets in two continents, is qualified in multiple disciplines and is also a chartered financial analyst (CFA).
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