most expensive house in australia
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Census data says Byron’s median household age is 44 (compared to the national average of 38) and there’s a below-average number of children per household.

Pictured: An entertainment room with a pool table and a bar is perfect for entertaining guests or family on a fun night in.

The interior has been refurbished with gorgeous marble and timber floors, wrapped in glass under the incredibly high ceilings. This is made increasingly possible in non-capital city locations such as Byron through more efficient internet access and improved transport connections. is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){jQuery('#gform_wrapper_23').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_23').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_23').removeClass('gform_validation_error');}setTimeout( function() { /* delay the scroll by 50 milliseconds to fix a bug in chrome */ jQuery(document).scrollTop(jQuery('#gform_wrapper_23').offset().top - mt); }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_23').val();gformInitSpinner( 23, 'https://www.propertyology.com.au/wp-content/plugins/gravityforms/images/spinner.gif' );jQuery(document).trigger('gform_page_loaded', [23, current_page]);window['gf_submitting_23'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}setTimeout(function(){jQuery('#gform_wrapper_23').replaceWith(confirmation_content);jQuery(document).scrollTop(jQuery('#gf_23').offset().top - mt);jQuery(document).trigger('gform_confirmation_loaded', [23]);window['gf_submitting_23'] = false;}, 50);}else{jQuery('#gform_23').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger('gform_post_render', [23, current_page]);} );} ); jQuery(document).bind('gform_post_render', function(event, formId, currentPage){if(formId == 23) {gf_global["number_formats"][23] = {"1":{"price":false,"value":false},"2":{"price":false,"value":false},"7":{"price":false,"value":false},"10":{"price":false,"value":false},"9":{"price":false,"value":false},"11":{"price":false,"value":false},"12":{"price":false,"value":false},"13":{"price":false,"value":false},"14":{"price":false,"value":false}};if(window['jQuery']){if(!window['gf_form_conditional_logic'])window['gf_form_conditional_logic'] = new Array();window['gf_form_conditional_logic'][23] = { logic: { 11: {"field":{"actionType":"show","logicType":"all","rules":[{"fieldId":"9","operator":"is","value":"Other"}]},"nextButton":null,"section":null} }, dependents: { 11: [11] }, animation: 0, defaults: {"1":{"1.2":"","1.3":"","1.4":"","1.6":"","1.8":""},"13":"Contact-us"}, fields: {"1":[],"2":[],"7":[],"10":[],"9":[11],"11":[],"12":[],"13":[],"14":[]} }; if(!window['gf_number_format'])window['gf_number_format'] = 'decimal_dot';jQuery(document).ready(function(){gf_apply_rules(23, [11], true);jQuery('#gform_wrapper_23').show();jQuery(document).trigger('gform_post_conditional_logic', [23, null, true]);} );} if(typeof Placeholders != 'undefined'){ The Gold Coast international airport is also only an hour away. As forecast by Propertyology several years ago, an increasing number of retirees are relocating away from capital cities.

The median house price increased by a cumulative 22 per cent over the last three calendar years (Hobart was the only capital city to perform better); SURF COAST (Great Ocean Road country) has a median house price that’s higher than 7 out of 8 capital cities. While every single location in Australia (regional and capital cities) have had multiple years of double-digit price growth over the last 20 years, it’s staggering that Byron has averaged double-digit growth every single year for two decades. A couple of hours south of Sydney in the Greater-Illawarra region, Kiama (third), Wingecarribee (fifth) and Wollongong (seventh) is among Australia’s most expensive real estate. With a population of 34,500 people and a median house price as at December 2018 of $987,500, Australia’s most expensive city is Byron Bay, in northern New South Wales. Necessary cookies are absolutely essential for the website to function properly. You also have the option to opt-out of these cookies. The gap is likely to widen with the median house price in Byron continuing to rise (up 2.9 per cent during the December quarter) while prices in both Sydney and Melbourne have been falling at an annual pace of 10 per cent. Property in Australia is still most expensive in Sydney.

In Byron’s case, housing demand is primarily driven by the affluent, middle-aged, Australian-born couple. Placeholders.enable();



Hobart’s 2018 population growth rate was 140 per cent more than 5 years ago; BELLINGEN, located 30-miuntes south of Coffs Harbour, had a total population growth of only 12 people last year.

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}} } );jQuery(document).bind('gform_post_conditional_logic', function(event, formId, fields, isInit){} ); jQuery(document).ready(function(){jQuery(document).trigger('gform_post_render', [23, 1]) } ); Australia’s biggest city, Sydney, has lost its mantle for having Australia’s most expensive median house price. The stunning home at 31 Coolong Road, in Vaucluse, in Sydney's eastern suburbs, was sold in the 'high $30million range'. It is mandatory to procure user consent prior to running these cookies on your website. Expensive locations with very high age demographics generally aren’t particularly good for property investors. EUROBODALLA (Batemans Bay), on the south coast of New South Wales, has a higher median house price than Adelaide, Hobart and Darwin and Australia’s highest age demographic (median household age of 54); BRISBANE is Australia’s third largest city yet its median house price is more affordable than twenty-one other cities, including eighteen non-capital locations; KIAMA has an (outright) home ownership rate of an incredibly high 46 per cent (well above the national average of 31 per cent). Like us on Facebook to see similar stories, Hospitals seek reinforcements as COVID surges, Inspire Brands, parent company of Arby's and Sonic, to purchase Dunkin' Brands for $11.3 billion. The average annual population growth rate of 0.9 per cent is well below the 17-year national average of 1.5 per cent.

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