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Luxury and Learning: Sydney’s Top 10 Richest Suburbs in Sydney

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7 min
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Uploaded on
Dec 20, 2024
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Last updated on
Jan 6, 2025
Uploaded on
Dec 20, 2024
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Last updated on
Jan 6, 2025

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richest suburb in sydney
Luxury Near the Books!

If Sydney was a movie, its wealthiest suburbs would be the red carpet stars, glamorous, elite, and dripping with style. From waterfront mansions to leafy neighbourhoods, Sydney's most affluent suburbs are where luxury meets lifestyle. Ever seen the high-end vibes of “Crazy Rich Asians”? Well, Sydney’s wealthy suburbs give you that same energy but with Bondi sunsets and Aussie charm. Whether you're dreaming of living near the beach or in a historic neighbourhood with iconic cafes and stunning views, this list has you covered. Ready to explore where the rich and famous call home?

Top 10 Richest Suburbs In Sydney

Sydney, a hub of culture, education, and innovation, is not only one of Australia's most dynamic cities but also home to some of the most affluent suburbs. These neighbourhoods offer students a unique glimpse into upscale living alongside excellent educational opportunities. Let’s take a look into the top 10 richest suburbs in Sydney where luxury meets academic excellence.

1. Point Piper

Best Known For: Beaches and breathtaking harbour views
Tourist Attractions: Lady Martins Beach, Duff Reserve
Average Rent for Students: AUD 500 - AUD 1,000 per week
Population: Approx. 1,500 residents
Nearest University: University of Sydney
Point Piper is often referred to as the richest suburb in Sydney, boasting exclusive beach access and breathtaking harbour views. It's perfect for students who value a quiet place to study and relax. Despite being the richest suburb in Sydney, Point Piper maintains a small, close-knit community atmosphere. It's just a short commute to the University of Sydney, making it convenient for students. The suburb offers various cafes and parks, providing a serene environment for both living and learning without the usual city hustle.

2. Bellevue Hill

Best Known For: Grand estates
Tourist Attractions: Cooper Park, Bellevue Park
Average Rent for Students: AUD 400 - AUD 850 per week
Population: Approx. 10,700 residents
Nearest University: University of New South Wales
Bellevue Hill is known as one of the richest areas in Sydney, making it a prime location for students who seek a blend of luxury and academic life. This suburb stands out for its proximity to the University of New South Wales, allowing easy access to campus and city amenities. Bellevue Hill is not just the richest suburb in Sydney; it also offers spacious parks and quiet streets, ideal for students who appreciate peaceful study sessions. The area’s reputable schools and energetic community life provide a supportive environment for both studying and socializing. Additionally, knowing all about the public transport in Sydney will further enhance your experience in this vibrant suburb

3. Vaucluse

Best Known For: Historic houses and ocean views
Tourist Attractions: Macquarie Lighthouse, Nielsen Park
Average Rent for Students: AUD 450 - AUD 900 per week
Population: Approx. 9,000 residents
Nearest University: University of Sydney
Vaucluse offers an escape into a world of historic splendour and serene ocean vistas. Vaucluse is celebrated as one of the richest suburbs in Sydney, offering students a picturesque setting with views of the ocean and historic homes. This suburb is not only the richest suburb in Sydney but also a peaceful haven for students from the University of Sydney, which is conveniently nearby. The peaceful streets and scenic parks of Vaucluse provide a perfect backdrop for both rigorous study sessions and relaxed downtime. With access to quaint cafes and essential amenities, students find Vaucluse an ideal place to live during their university years.

4. Woollahra

Best Known For: Art galleries and village-style shopping
Tourist Attractions: Queen Street, Oxford Street Art Galleries
Average Rent for Students: AUD 350 - AUD 800 per week
Population: Approx. 7,500 residents
Nearest University: University of New South Wales
Woollahra, recognized as one of the richest suburbs in Sydney, provides a unique blend of cultural richness and academic proximity, making it ideal for students. This suburb, known as the richest suburb in Sydney, is near the University of New South Wales, offering students quick access to campus and a vibrant local arts scene. Woollahra is not just about luxury; it's about providing a stimulating environment with galleries, shops, and cafes that cater to student life, promoting both educational pursuits and leisure activities within a community-focused atmosphere.

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5. Double Bay

Best Known For: Cosmopolitan lifestyle and boutique shopping
Tourist Attractions: Redleaf Beach, Double Bay Markets
Average Rent for Students: AUD 400 - AUD 850 per week
Population: Approx. 4,600 residents
Nearest University: University of Sydney
Double Bay, often noted as the richest suburb in Sydney, offers students an energetic atmosphere paired with a high standard of living. This suburb, known for being the richest suburb in Sydney, is a short commute to the University of Sydney, providing students with both convenience and style. Double Bay is not just about affluence; it's a hub for trendy cafes and boutique shopping, making it a perfect spot for students who enjoy a lively community and socializing after class. The area supports a balanced student lifestyle with plenty of opportunities for relaxation and study. If you are a coffee lover who loves great ambience then these 20 Best Cafes In Sydney should be on your list.

6. Mosman

Best Known For: Scenic walks and Taronga Zoo
Tourist Attractions: Balmoral Beach, Spit Bridge
Average Rent for Students: AUD 350 - AUD 700 per week
Population: Approx. 28,500 residence
Nearest University: Macquarie University
Mosman, often highlighted as the richest suburb in Sydney, is an ideal spot for students attending Macquarie University. Mosman offers lush greenery and stunning beaches, providing a peaceful escape from the rigorous demands of academic life. It's not just the affluence that makes Mosman attractive; its community is lively and welcoming, with plenty of parks and recreational activities that enhance student well-being. The suburb's proximity to both nature and urban conveniences makes it a balanced choice for students who seek both study focus and a high quality of life.

7. Castle Cove

Best Known For: Exclusive residences and bushland surrounds.
Tourist Attractions: Castle Cove Park, Eastern Valley Lookout
Average Rent for Students: AUD 300 - AUD 650 per week
Population: Approx. 2,500 residence
Nearest University: University of Technology Sydney
Castle Cove is distinguished as one of the richest suburbs in Sydney, appealing especially to students at the University of Technology Sydney due to its serene environment and strong community feel. As the richest suburb in Sydney, Castle Cove provides a quiet retreat from the bustling city life, perfect for students who prioritize a focused study environment. The suburb offers easy access to essential amenities and leisure activities, ensuring a well-rounded student experience. Its scenic parks and local cafes create a relaxing atmosphere for both living and learning.

8. Hunters Hill

Best Known For: Heritage-listed properties and leafy streets.
Tourist Attractions: Kelly's Bush Park, Hunters Hill Art Gallery
Average Rent for Students: AUD 350 - AUD 750 per week
Population: Approx. 9,000 residence
Nearest University: Macquarie University (10 km away)
Hunters Hill, renowned as the richest suburb in Sydney, offers a unique environment for students from Macquarie University. It combines a rich historical setting with modern luxurious homes in Sydney Australia, making it a favoured choice for students who appreciate a blend of tradition and contemporary living. The suburb's lush greenery and quiet streets provide a conducive atmosphere for studying, while its community-oriented spirit supports a well-balanced student lifestyle. Local cafes like 'The Deckhouse Cafe' offer great spots for students to unwind and socialize in Hunters Hill.

9. Rose Bay

Best Known For: Water sports and golf courses.
Tourist Attractions: Rose Bay Wharf, Royal Sydney Golf Club
Average Rent for Students: AUD 400 - AUD 800 per week
Population: Approx. 10,000 residence
Nearest University: University of New South Wales
Rose Bay, often highlighted as the richest suburb in Sydney, is a prime location for students at the University of New South Wales. Rose Bay offers a dynamic mix of leisure activities and tranquil spots, making it ideal for students seeking balance. The suburb's access to water sports and nearby parks provides ample relaxation opportunities, while Fernandez & Wells Cafe offers a cozy spot for students to study or unwind. Rose Bay’s blend of upscale living and student-friendly amenities makes it an attractive place for academic and personal growth

10. Manly

Best Known For: Beachfront lifestyle and ferry rides.
Tourist Attractions: Manly Beach, Manly Sea Life Sanctuary
Average Rent for Students: AUD 350 - AUD 700 per week
Population: Approx. 15,500 residence
Nearest University: University of Technology Sydney
Manly, frequently cited as the richest suburb in Sydney, is perfect for students who thrive in a vibrant beachfront atmosphere. As the richest suburb in Sydney, Manly combines the laid-back beach life with the energetic buzz of city living, making it ideal for students from the University of Technology Sydney. The suburb offers a range of cafes and eateries, with The Boathouse Shelly Beach being a popular spot for students to gather and enjoy great food with stunning sea views. Manly's blend of leisure and study environments provides a fulfilling lifestyle for students looking for both academic success and a high quality of life. You can also read our blog on the top 10 most dangerous suburbs in Sydney so that you will be aware of staying away from them.

Find the Perfect Place to Call Home

Explore amber wide selection of properties tailored for students like you. Whether you're seeking a quiet studio or a vibrant shared flat, we have options to fit every preference and budget. Start your academic journey in comfort and style:

1. Scape Quay
2. Scape Darling Square
3. Iglu Redfern Student Accommodation
4. The Switch Kensington Sydney

Frequently Asked Questions

Where do most millionaires live in Sydney?

Most millionaires in Sydney reside in what are considered Sydney's wealthiest suburbs, such as Point Piper, Bellevue Hill, and Vaucluse. These areas are known for their luxurious properties and exclusive amenities.

What is the best suburb of Sydney?

The best suburb in Sydney can vary based on lifestyle preferences, but among the wealthiest suburbs in Sydney, areas like Mosman and Manly are highly regarded for their blend of scenic beauty, community amenities, and access to Sydney's vibrant city life.

Which suburb in Sydney has the most Indians?

Harris Park is well-known for having a significant Indian community. Among Sydney’s most affluent suburbs, this area offers a rich cultural atmosphere and a variety of ethnic restaurants and shops.

Where do the rich live in Australia?

In Australia, the rich often reside in affluent Sydney suburbs such as Point Piper and Bellevue Hill, as well as in other capital cities like Melbourne's Toorak and Perth's Peppermint Grove.

What are the most affluent suburbs in Sydney?

The most affluent suburbs in Sydney include Point Piper, Woollahra, and Bellevue Hill. These wealthy Sydney suburbs are known for their exclusive real estate, high-end shopping, and proximity to top-rated schools and recreational facilities.

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Luxury and Learning: Sydney’s Top 10 Richest Suburbs in Sydney
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40 E Main St # 1215 Newark 19711-4639 Delaware
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4.6/5 on Trustpilot

Rated as "Excellent" • 5000+ Reviews by Students

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