The latest million-dollar homes in million-dollar suburbs

Written by realestateview.com.au in Buying on May 4, 2018

It’s not where you begin that counts, but where you end up. And although you may be living in a small apartment or starter home today, you never know where the future could take you… Five years from now, you could be living in the lap of luxury in a mansion on the water, or soaking in the city views from your CBD penthouse.

The moral of the story? You’ve got to dream big – and in Australia’s most prestigious million-dollar suburbs, it doesn’t get much bigger than these homes!

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Sydney: Clontarf

Harbour views don’t come cheap in Sydney, and this phenomenal Clontarf property is no exception! Listed at $10.5 million, this five-bedroom, three-level home boasts 180-degree views of the harbour and Sydney skyline. There’s a full entertainment floor, replete with home theatre and pool, as well as accommodation for a live-in nanny and space for four cars – what more could a modern millionaire want? The median house value in Clontarf is a mere $3.1 million, less than a third of this gem’s asking price – but we think the price tag is absolutely justified. Did we mention the view?!

Melbourne: Armadale

The median house price in leafy Armadale is currently hovering at a touch under $2 million, so the residents are well accustomed to luxury – but this awe-inspiring property is enough to impress even the wealthiest locals. Located on sought-after Denbigh Road, this impeccably renovated Victorian-era home has so many stunning features, it’s hard to imagine why the owners would ever want to leave. With soaring ceilings and Baltic timber floors inside, and a heated pool, sauna and in-ground trampoline outside, it could just be the perfect property. The indicative selling price is $6.8 million, perhaps a little outside the everyday Australian’s budget – but dreaming is free!

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Perth: West Leederville

The lakeside suburb of West Leederville is just three kilometres from the Perth CBD, yet in the quieter pockets you’d be forgiven for thinking you were miles out of town. This spacious property boasts four bedrooms, three bathrooms and a theatre room, making it ideal for a busy West Australian family. Taking offers over $1.575 million, its priced well above the West Leederville median of $1.1 million, but you won’t need to spend a cent on it once you move in, as it’s only three years old.

Adelaide: Tennyson

As Adelaide suburbs go, they don’t get much better than Tennyson – no street in this ritzy area is more than 400m from the beach, and the million-dollar median is well above the Adelaide average. This four-bedroom, two-bathroom property could be the ultimate Adelaide abode, with a pool and half tennis court, and Henley Beach just a stone’s throw away. The price guide is $1.1 to $1.2 million for this palatial home – pricey by Adelaide standards, but a bargain compared to the east coast capitals.

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Brisbane: Ascot

Amazing views, spacious accommodation and a to-die-for pool make this beautiful home in Ascot irresistible! Listed at $2.35 million, it’s a little (or a lot) pricier than the Ascot median of $1.4 million, but many could make the argument that it’s worth every cent. With a sleek modern kitchen, five bedrooms and three bathrooms, it would make the ideal home for a growing family – and its proximity to major arterials makes commuting a breeze.

Hobart: Battery Point

Battery Point has long been one of Hobart’s most prestigious suburbs, and with a median house price of $1.25 million, it’s also one of the most expensive. This amazing property on Logan Street is listed at offers over $1.9 million, and it’s bursting with awesome features. The high-end kitchen will impress any keen chef, while the master suite makes the perfect retreat at the end of the day – and the double remote garage is a godsend in this suburb characterised by narrow, hilly streets. Walking distance to the famous Salamanca Market and Hobart waterfront, you’ll certainly never be short of things to do on the weekend if you purchase this home!