Australia’s billion dollar suburbs revealed

New data reveals there are 64 Australian suburbs which are home to the super-rich, with combined incomes of over $1 billion.

Unsurprisingly, 41 of the 64 on the list are in NSW alone – the remainder is split between Victoria and WA with 17 and 6 suburbs each respectively.

Also read: Australia’s most unequal suburbs

Mosman, on the city's lower north shore, took the crown with Australia's highest combined neighbourhood income – an ample $2.71 billion in 2012-13 – according to recently published data from the Bureau of Statistics.

Double Bay-Bellevue Hill is close behind in second place, with collective earnings of $2.46 billion.

Sydney’s Eastern suburbs, the north shore and northern beaches were all well represented in the list, along with a number of Sydney’s water-front suburbs such as Cronulla and Bundeena.

Also read: What are Australia’s 10 richest postcodes?

WA’s Perth City and Brighton in Victoria were the two neighbourhoods outside of NSW to make the very top of the list of the country’s super-rich suburbs, at third and fifth place with a $1.85 billion and $1.79 billion combined income from its residents respectively.

In fact, three Victorian suburbs appeared in the top 10 – residents of Kew and South Morang were listed as having combined incomes of around $1.5 billion each.

Australia's billion-dollar suburbs

 

	State	Number of earners	Combined income ($)
Mosman	NSW	18,930	2,713,204,048
Double Bay - Bellevue Hill	NSW	17,072	2,464,445,206
Perth City	WA	23,585	1,852,274,149
Willoughby - Castle Cove - Northbridge	NSW	15,765	1,852,224,506
Brighton	VIC	14,866	1,796,157,356
Lane Cove - Greenwich	NSW	16,151	1,745,935,907
Lindfield - Roseville	NSW	13,981	1,575,666,105
Kew	VIC	15,595	1,564,179,050
South Morang	VIC	28,174	1,508,269,817
Randwick	NSW	18,771	1,493,310,487
Cronulla - Kurnell - Bundeena	NSW	20,077	1,478,194,746
Nedlands - Dalkeith - Crawley	WA	11,269	1,474,186,576
Toorak	VIC	9,890	1,440,374,182
Coogee - Clovelly	NSW	16,434	1,438,248,216
Manly - Fairlight	NSW	15,374	1,396,858,362
Point Cook	VIC	22,942	1,373,943,979
Richmond	VIC	18,730	1,367,576,366
Balgowlah - Clontarf - Seaforth	NSW	12,587	1,343,779,920
Hawthorn	VIC	13,953	1,342,006,489
Cremorne - Cammeray	NSW	12,635	1,340,453,081
Gordon - Killara	NSW	12,878	1,336,696,483
Sydney - Haymarket - The Rocks	NSW	21,302	1,324,899,032
Malvern - Glen Iris	VIC	13,052	1,310,640,482
Leichhardt - Annandale	NSW	15,513	1,262,121,055
Rose Bay - Vaucluse - Watsons Bay	NSW	7,846	1,247,743,598
Maroubra	NSW	17,899	1,225,183,004
Camberwell	VIC	13,264	1,221,682,292
Castle Hill	NSW	17,386	1,217,571,312
Bondi - Tamarama - Bronte	NSW	12,667	1,202,279,827
Wahroonga - Warrawee	NSW	11,229	1,190,813,578
Neutral Bay - Kirribilli	NSW	12,043	1,186,768,627
Bondi Beach - North Bondi	NSW	14,276	1,170,316,734
Balmain	NSW	10,385	1,169,972,842
Caringbah - Lilli Pilli	NSW	16,550	1,152,835,869
Essendon - Aberfeldie	VIC	15,887	1,143,239,235
Chatswood (East) - Artarmon	NSW	15,749	1,135,615,058
Potts Point - Woolloomooloo	NSW	13,697	1,129,366,332
Paddington - Moore Park	NSW	10,202	1,121,899,607
St Ives	NSW	12,647	1,120,263,253
St Kilda	VIC	16,435	1,107,582,231
Albert Park	VIC	9,936	1,099,162,113
Ellenbrook	WA	16,557	1,093,016,138
Caulfield - North	VIC	13,007	1,093,015,417
Narrabeen - Collaroy	NSW	15,159	1,084,943,779
Turramurra	NSW	12,039	1,078,937,635
South Perth - Kensington	WA	11,353	1,077,132,666
Crows Nest - Waverton	NSW	12,421	1,076,040,010
Malvern East	VIC	12,358	1,072,655,224
Frenchs Forest - Belrose	NSW	15,134	1,061,648,636
Craigieburn - Mickleham	VIC	21,707	1,057,000,352
Baldivis	WA	14,844	1,049,417,532
Strathfield	NSW	16,114	1,034,510,891
Parklea - Kellyville Ridge	NSW	15,839	1,032,123,558
Freshwater - Brookvale	NSW	13,477	1,031,918,518
Surrey Hills (West) - Canterbury	VIC	10,437	1,029,125,980
Kellyville	NSW	15,171	1,028,788,924
Hornsby - Waitara	NSW	17,535	1,024,206,550
Subiaco - Shenton Park	WA	10,116	1,022,100,256
Epping - North Epping	NSW	15,682	1,019,865,605
Ryde - Putney	NSW	16,276	1,016,481,058
Pymble	NSW	10,074	1,010,371,893
South Yarra - East	VIC	12,144	1,005,412,028
Engadine - Loftus	NSW	16,866	1,005,257,454
Warriewood - Mona Vale	NSW	15,040	1,002,416,847

Source: ABS