The high places of the property are multiplying in Sydney

According to the latest study from, prices are skyrocketing in Sydney's suburbs, revealing the hotspots of real estate ownership.

The suburbs such as Palm Beach, Pymble, Collaroy, Cabramatta and Vaucluse recorded price growth of 4% to 24% over the previous year.

Cabramatta, one of the relatively affordable suburbs of the city, announced a 4% increase in the median selling price, which stood at 849,000 USD, making it the largest city in the world. one of the strongest suburbs in the city in terms of price growth.

Read also: The risks of housing in Melbourne, Sydney

"Cabramatta is getting expensive, it is going through a transition period but, because it's pretty cheap, I think it attracts a lot of young people," said the chief economist Nerida Conisbee.

Cabramatta is the only suburb of the top 10 with a median value of less than $ 1 million.

"It seems to be one of those suburbs that is undergoing a slight change to determine who lives there and who wants to be there," said Conisbee.

Vaucluse recorded the highest growth with 24%, bringing its median selling price to $ 6.5 million. Collaroy followed, recording a 15% increase to $ 2.75 million

The table below shows the 10 suburbs of Sydney that recorded the best price growth throughout the year up to August:

Sydney Property Hotspots



Median Value of Sales



6.5 million dollars



2.75 million dollars

Summer Hill


$ 1.65 million

Rose Bay


$ 4.22 million

Palm Beach


3.4 million dollars



2.2 million dollars

Bondi Junction


$ 2.12 million



2.27 million dollars



2.42 million dollars



$ 849,000

The real estate investment is a thriving sector that can still benefit from a new blood. That's why your Investment Property's Investor of the Year awards include a specific category New Investor of the Year – nominate them now using our online form!

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