Property data and analytics provider CoreLogic has revealed the suburbs with a million-dollar or more median price.

Several of the Illawarra’s northern suburbs were included.  

According to CoreLogic research analyst Cameron Kusher, figures show that as at January 2019, there were 366 suburbs in NSW that had a median house value of at least $1 million, and 46 suburbs with a median unit value of at least $1 million.  

A decade earlier, 78 suburbs had a $1 million median house value, but only two suburbs had a $1 million median for units. 

Of the 366 suburbs in NSW that had a median house value of at least $1 million, six of them were located in the Illawarra region.

They were Coledale, Austinmer, Gerroa, Wombarra, Stanwell Park and Thirroul.

According to Mr Kusher, as at the end of January 2019, there were 649 suburbs across Australia that had a median house or unit value at or in excess of $1 million.

Mr Kusher said although this figure had increased substantially from 123 suburbs a decade earlier, it has actually fallen from 741 suburbs in January 2018.  

In NSW, Mr Kusher said while the number of million-dollar suburbs in NSW has shot up substantially over the past decade, it has actually reduced over the past year.  

In January 2018 the suburb count for million-dollar medians was 402 for houses and 67 for units.  

Sydney accounted for 93.7 per cent of all million-dollar suburbs in NSW, and all of the unit suburbs were within Sydney.

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