Where to meet a millionaire

What's Australian's most expensive suburb? 
Hint: It's not in Sydney or Melbourne.

RP Data say it's Peppermint Grove, where the median house price of $4.6million is almost a whole million over the next most expensive suburb. 

Here's our own record of prices: (many of those million plus properties have more than four bedrooms obviously...)

And that suburb next in line is Sydney's Vaucluse at $3.78million.

But being a millionaire is apparently not as uncommon and grand as you might have thought, 212 suburbs recorded a median price of $1million or more in December.  In 2005 there were only 78 suburbs in this prestigious millionaires club.

If you're interested in keeping abreast of the market medians, and you like the look of the price average boxes above,  you might like to consider adding one to your own site.  These price boxes are just one of the ways we can share what we know.  And we know how interested us Aussies are in house price trends.

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