Australia’s most expensive streets: A state-by-state guide to the wealthiest real estate

Ever wondered where Australia’s elite park their millions?

From stunning harbourside mansions to serene riverside retreats, these streets boast jaw-dropping property prices, celebrity neighbours, and a wealth of stories.

Here’s a roundup of the country’s most exclusive addresses according to CoreLogic’s Best of the Best report for 2024.

Wolseley Road, Point Piper (NSW)

Price Tag: $51.5m Sale Highlight:142 Wolseley Road

Often hailed as Australia’s ‘billionaires’ row,’ Wolseley Road in Point Piper is a global icon for luxury real estate. With its unrivaled views of Sydney Harbour and the Opera House, this street is home to some of the most exclusive properties in the country.

Notable past sales include Scott Farquhar’s record-breaking $130 million purchase of Uig Lodge, making it the highest residential sale in Australia. Residents like Atlassian founders and other business tycoons have cemented this street’s reputation as the epitome of prestige property.

St Georges Road, Toorak (VIC)

Price Tag: $40m Sale Highlight: 14 St Georges Road, sold in February 2024.

Melbourne’s Toorak has long been synonymous with wealth, and St Georges Road is its crown jewel. This tree-lined avenue is lined with heritage-listed mansions and cutting-edge architectural masterpieces.

The recent $40m transaction at 14 St Georges Road only adds to its legend. Known for its understated elegance, the street often attracts high-profile buyers from business and sports, including members of Australia’s wealthiest families.

Witta Circle, Noosa Heads (QLD)

Price Tag: $30m Sale Highlight: 43 Witta Circle, sold in May 2024.

Recent sales like the $30m transaction for 43 Witta Circle show this is no ordinary street (or cirlce). Pic supplied

Located on a pristine riverfront island, Witta Circle offers tropical luxury in the heart of Noosa Heads. With a relaxed vibe and proximity to the region’s famous beaches, it’s a playground for Australia’s well-heeled.

Pull up on your speedboat on the private jetty at 43 Witta Circle Noosa Heads. Pic supplied

Recent sales like the $30m transaction for 43 Witta Circle show this is no ordinary street - it’s a slice of paradise favoured by entrepreneurs and prestige buyers seeking an idyllic escape and privacy.

Wellington Street, Mosman Park (WA)

Price Tag: $25m Sale Highlight: 177 Wellington Street, sold in May 2024.

Nestled along Perth’s Swan River, Wellington Street in Mosman Park offers sprawling estates and unrivaled privacy. Known for its blend of modern luxury and natural beauty, the area has attracted mining magnates and business tycoons.

The $25m sale of 177 Wellington Street marks a milestone for Western Australia’s property market, highlighting its growing appeal among high-net-worth individuals

Victoria Avenue, Unley Park (SA)

Price Tag: $12.5m Sale Highlight: 4 Victoria Avenue, sold in May 2024.

In Adelaide’s affluent Unley Park, Victoria Avenue stands out for its classic charm and proximity to the city. Home to elegant period homes with manicured gardens, it’s a haven for families and professionals.

The $12.5m sale of a character home at number 4 underscores the street’s enduring appeal as South Australia’s most sought-after address

Wickham Crescent, Red Hill (ACT)

Price Tag: $8m Sale Highlight: 4 Wickham Crescent, sold in January 2024.

Canberra’s Wickham Crescent might not reach the lofty heights of Sydney or Melbourne prices, but it offers a serene lifestyle in the capital’s prestigious Red Hill neighborhood. The street’s leafy surrounds and diplomatic residences make it a favourite among political and business elites.

The $8m sale at 4 Wickham Crescent sets a new benchmark for the ACT, showcasing the area’s appeal for luxury living.