Undoubtedly, one of Australia’s most iconic locations is Sydney Harbour. Not only is this beautiful area home to the unique and architecturally stunning Opera House, Harbour Bridge and Botanical Gardens, it is also home to Australia’s most exclusive and expensive suburb.
In a recent poll naming the top 25 richest suburbs, Sydney held nineteen of them, with most of these exclusive areas in and around the Harbour. Placing in second was the stunning Watsons Bay, closely followed by the beautiful Centennial Park; however, leading the pack was Point Piper, so it’s no wonder some of Australia’s rich and famous call Sydney Harbour their home. Some of the country’s most elite business personalities live in and around the Harbour – American businessman Jim Clark and model wife Kristy Hinze, Westfield boss Frank Lowy, the Aussie larrikin and founder of Aussie Home Loans, John Symond, along with Communications Minister Malcolm Turnbull, just to name a few. Former residents include Rene Rivkin and Lachlan Murdoch.
The average sold property price in the prestigious region of Point Piper is a ‘mere’ $2,154,000; although, when looking at the Property Tracker PR DATA (value taken for all properties, sold or not) that number jumps up to around $7,100,000 as the median price, and the highest property sale record in the last 12 months was a staggering $12,300,000! The property prices are not the only thing that will give you a woozy feeling about this area. To raise a family and send them to school at either the neighbouring Cranbrook School ($19,713 per year for kindy, up to $31,116 for yr. 12) or Scots College ($18,570 per year for kindy, up to $31,980 for yr. 12) for the boys, or Ascham School for the girls ($16,550 per year for kindy, up to $28,900 for yr. 12) will set you back – really far back! As far as the average income is concerned, it sits at a not too shabby $170,114 per annum.
Point Piper is just one of the luxurious suburbs that lie in and around the beautifully scenic Sydney Harbour. Surrounded by other exclusive suburbs, the renowned suburb of Kirribilli may be the most recognised suburb in Australia, with the homes of both the current Prime Minister, Tony Abbott, and Admiralty House, which is home to the Governor General. With a jaunt around the Harbour on one of Sensational Sydney Cruises scheduled harbour cruises, you can take a peek at this amazing area yourself.