Elite streets: Australia’s most expensive roads revealed

Home to CEOs, celebs and some of the nation’s most extravagant homes, Australia’s most expensive streets have been revealed by Ray White.

Kambala Rd in Sydney’s Bellevue Hill in the city’s east ranked as the richest road in the country, with a median value of $39.35m over the last three years.

Along this elite street the average property is worth over 24 times a median Sydney home.

Bellevue Hill in Sydney’s eastern suburbs held six of the nation’s top 10 priciest streets, with the suburb being highly regarded for its harbour views and prestige schools.

Only one street outside of Sydney’s east – Clendon Rd in Melbourne’s Toorak – ranked in the top 10, with an average home price of $17.75m placing it seventh in the country.

78 Kambala Rd, Bellevue Hill sold for $48.49m in March.

The view from the property on Australia’s most expensive street.

Top street Kambala Rd has been home to some blockbuster deals this year, from filmmaker Warrick Ross’ $50m mansion sale in March to the Harkham family’s $24.8m sale in May.

McGrath Double Bay sales agent Luke Hogan sold 78 Kambala Rd in March for over $48m.

“Kambala Rd has earned its title as Australia’s most expensive street thanks to its rare blend of prestige, privacy and blue-chip scarcity,” Mr Hogan said.

“Tightly held for generations, the street is lined with grand estates and architect-designed homes on large parcels — a luxury almost unheard of this close to the CBD and harbour.”

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Australia’s most expensive streets in 2025. Source: Ray White.

A look at Kambala Rd, Bellevue Hill. Pictures: Google Maps, Google Street View.

Mr Hogan said the street’s proximity to elite schools and its “peaceful, leafy setting” made it one of Sydney’s most coveted addresses.

He added that there was always “fierce competition” whenever a Kambala Rd property came to market.

The second most expensive street in the country, Victoria Rd, runs parallel through Bellevue Hill.

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45 Kambala Rd sold for $45m in May.

The home has five bedrooms and six bathrooms.

It has been home to some esteemed owners over the years, including media moguls Kerry Packer and Lachlan Murdoch.

In 2024 food blogger Stephanie Conley-Buhre sold her Victoria Rd mansion Alcooringa for a reported $80m, $50m more than she purchased it for three years prior.

According to Ray White, the average home on the street is worth $22.75m.

A little further to the east, Sydney’s Vaucluse was home to two other spots on the list.

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29A Vaucluse Rd, Vaucluse was one of the homes purchased in the White Fox couple’s $150m spending spree.

The view from the home, which will reportedly form part of a new estate.

Namesake Vaucluse Rd ranked in at third, with the average home being valued at $20.6m.

White Fox entrepreneurs Daniel Contos and Georgia Moore bought up three adjoining properties on the street in April this year, as part of a planned estate.

The home at number 48 Vaucluse Rd was sold in July 2023 by hotel owners the Balgiannis family.

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48 Vaucluse Rd, Vaucluse sold for $36.2m in July 2023.

Vaucluse Rd is Australia’s third most expensive street.

Bradfield BadgerFox Double Bay director Alexander George has sold several properties along the road, including the $36.2m sale of number 48 and a near-$25m sale at number 63, both in 2023.

“The wealthiest people in the country generally are moving there,” Mr George said of the area.

“It’s a good mix of professionals, CEOs … there’s a lot of big names.

“To be able to command the kind of prices that these streets are getting, there’s some pretty important people up there.”

Mr George said a majority of the properties along Vaucluse Rd have “iconic views” of the Sydney Harbour and the city skyline, as well as big plots of land which helped houses command an average price of $20.6m.

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22 Wentworth Rd, Vaucluse sold for $23.8m in January 2024.

Down the road, 67 Wentworth Rd sold for $15m in 2022.

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Nearby Wentworth Rd was Australia’s fifth most expensive street, with a median home price of $19.7m.

The street is home to another of White Fox’s $150m property empire, as well as being home to billionaire developer Harry Triguboff.

“Wentworth Rd sort of is that historic quintessential Vaucluse street where there’s great statement properties on big parcels of land,” Mr George said.

Mr George said about two-thirds of homes on the street had strong views, be it over the city or down the harbour towards Manly.

“It’s a beautiful straight, tree-lined street which is nice and wide, and it’s quiet as well,” he said.

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