Whether it’s buying a larger home to accommodate a growing family or a home in a more desirable location, many of us end up outliving our first or even second home.
Using suburb information from RP Data, we’ve identified the top suburbs across Sydney and Melbourne for family homes. In creating the list we’ve largely considered median house prices around the $500,000 to $700,000 range and selected suburbs which have had solid price growth in the last 12 months.
Suitability of an area’s demographics and amenities required for a family lifestyle has also been taken into consideration.
Top 10 Suburbs in Sydney
Riverstone
Richmond
West Ryde
Winston Hills
Baulkham Hills
Pemulwuy
Hornsby
Mount Annan
Rouse Hill
Wentworthville
Top 10 Suburbs in Melbourne
Maribyrnong
Balwyn North
Mont Albert North
Chadstone
Ormond
Box Hill North
Blackburn North
Glen Waverley
Bentleigh East
Eltham