Top Suburbs in Australia for Ultra-Luxury Homes in 2025
Australia continues to captivate high-end property buyers in 2025, offering a blend of opulence, convenience, and prestige.
From waterfront mansions to expansive estates, the country's top suburbs feature some of the most desirable homes globally which you can browse through on Soho.com.au -
Like most property purchases, buying a high-end home has its quirks - so, don’t forget to check out our Luxury Home Buying Guide as well so you don’t miss out.
Looking for a property to buy or rent? Check out Soho.com.au to access an AI-powered search that will find you your dream home.
So, let’s dive in and explore these glamorous suburbs.
1. Toorak, Melbourne
Overview: Toorak remains a beacon of luxury in Melbourne, known for its stately homes and manicured streets. The suburb attracts affluent buyers seeking privacy and exclusivity.
Key Features:
Grand heritage homes and modern architectural masterpieces.
Proximity to high-end retail on Toorak Road and Chapel Street.
Excellent private schools, such as Scotch College and St. Catherine's.
Market Insights: In 2025, the median price for homes in Toorak exceeds $5 million, with demand driven by local and international buyers. If you’re investing in luxury real estate, Toorak is one of the most dependable suburbs as it has continued to grow in popularity and price over the past few decades.
2. Bellevue Hill, Sydney
Overview: Bellevue Hill, located in Sydney's Eastern Suburbs, offers breathtaking views and luxurious living. Its large estates and historic homes make it a favorite among high-net-worth individuals.
Key Features:
Elevated positions providing panoramic harbor views.
Close to Bondi Beach and the Sydney CBD.
Access to elite schools, such as Cranbrook and Scots College.
Market Insights: The average property price in Bellevue Hill surpasses $8 million in 2025, with waterfront properties commanding even higher figures.
3. Dalkeith, Perth
Overview: Dalkeith, positioned along the Swan River, epitomizes luxury in Perth. Known for its peaceful environment, it appeals to those valuing privacy and waterfront living.
Key Features:
Riverfront mansions with private jetties.
Proximity to Kings Park and University of Western Australia.
Exclusive golf courses and yacht clubs.
Market Insights: In 2025, Dalkeith homes maintain a median price of $3.5 million, supported by strong demand from both local and interstate buyers.
4. Surfers Paradise, Gold Coast
Overview: Surfers Paradise blends beachfront luxury with urban convenience. The suburb is home to sprawling penthouses and luxurious beachfront estates.
Key Features:
Unmatched views of the Pacific Ocean.
Vibrant nightlife, fine dining, and high-end shopping.
Convenient access to the Gold Coast Airport.
Market Insights: High-end homes in Surfers Paradise start at $4 million, with penthouses in prime locations commanding record-breaking prices.
5. Ascot, Brisbane
Overview: Ascot, one of Brisbane's most prestigious suburbs, is known for its wide streets lined with jacaranda trees and elegant Queenslanders. The area attracts families and professionals looking for a blend of luxury and charm.
Key Features:
Historic homes and contemporary mansions.
Proximity to Eagle Farm Racecourse and high-end dining options.
Easy access to Brisbane’s CBD and Brisbane Airport.
Market Insights: Luxury homes in Ascot average $2.8 million in 2025, with demand bolstered by Brisbane’s growing population and investment appeal.
6. Sandy Bay, Hobart
Overview: Sandy Bay offers a tranquil and luxurious lifestyle in Tasmania. With stunning views of the River Derwent and Mount Wellington, this suburb appeals to those seeking natural beauty and exclusivity.
Key Features:
Expansive waterfront properties.
Close to Salamanca Market and Hobart's vibrant arts scene.
Excellent schools and quiet neighborhoods.
Market Insights: Sandy Bay’s high-end market has grown significantly, with homes priced at $1.5 million and above attracting both local and international buyers.
7. Cottesloe, Perth
Overview: Cottesloe is synonymous with coastal luxury. Its pristine beaches and high-end amenities make it one of Western Australia’s most desirable locations.
Key Features:
Luxury beachfront homes.
Renowned Cottesloe Beach and seaside dining.
Proximity to Perth’s CBD and Fremantle.
Market Insights: Properties in Cottesloe regularly sell for over $3 million, with beachfront homes commanding premium prices.
8. Brighton, Melbourne
Overview: Brighton offers a blend of seaside living and urban sophistication. Its spacious homes and bay views make it a popular choice for families and professionals.
Key Features:
Beachfront mansions and modern homes with pools.
Proximity to Brighton Beach and its iconic bathing boxes.
Access to leading schools like Firbank and Brighton Grammar.
Market Insights: In 2025, Brighton’s luxury homes average $4 million, driven by its lifestyle appeal and prime location.