By Greg Hankinson March 25, 2023

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Surprising Aussie city with the largest houses revealed

Property Investment
Surprising Aussie city with the largest houses revealed

Although Australia ranks as the sixth largest country globally, its population density is just 3.3 individuals per square kilometre, making it one of the least densely populated countries in the world.

Despite the vast land area available, the majority of the population clusters along the eastern seaboard and prefers living in smaller properties near major cities.

Nevertheless, residents in the Top End region have the advantage of owning homes with the largest plot sizes among all the major cities in Australia.

The latest data from PropTrack reveals that Darwin has the largest houses of all the capitals, with a median plot size of 823 sqm.

Median plot size for houses in the major capital cities

Source: PropTrack
Rank	Capital city	Median plot size (sqm)
1	Greater Darwin	823
2	Australian Capital Territory	773
3	Greater Hobart	692
4	Greater Perth	691
5	Greater Brisbane	663
6	Greater Adelaide	650
7	Greater Melbourne	601
8	Greater Sydney	597

In Darwin, residents can enjoy spacious homes without venturing too far from the central business district since the suburbs with the most extensive plot sizes are only 20 minutes away from the city centre.

Girraween, Virginia, Humpty Doo, and Herbert are the neighbouring suburbs with the most significant homes, with Girraween boasting a median plot size of 20,000 sqm, equivalent to 2 hectares.

Inner city suburbs with the largest house plot size - top suburb for each city

In Canberra, the median plot size is slightly smaller than Darwin's, measuring 773 sqm.

Suburb	City	State	Property type	Median house value	Median plot size (sqm)
Girraween	Greater Darwin	NT	house	$817,276	20,234
Forrest	Australian Capital Territory	ACT	house	$3,510,802	1576
Kenmore Hills	Greater Brisbane	QLD	house	$1,381,992	1065
Dalkeith	Greater Perth	WA	house	$3,168,000	1011
East Lindfield	Greater Sydney	NSW	house	$3,512,411	941
Netherby	Greater Adelaide	SA	house	$1,406,701	921
Eaglemont	Greater Melbourne	VIC	house	$2,280,737	844
Mount Nelson	Greater Hobart	TAS	house	$931,886	839

However, the suburb of Forrest claims the title of having the largest median plot size, known for its luxurious four-bedroom plus homes that often fetch multi-million dollar price tags.

The median plot size in Forrest is a spacious 1576 sqm.

Inner city suburbs with the smallest house plot size - top suburb for each city

Not surprisingly, Sydney has the smallest median plot size among the major cities, measuring only 597 sqm.

Suburb	City	State	Property type	Median house value	Median plot size (sqm)
Ultimo	Greater Sydney	NSW	house	$1,612,022	97
Carlton	Greater Melbourne	VIC	house	$1,390,457	130
Adelaide	Greater Adelaide	SA	house	$919,670	145
Petrie Terrace	Greater Brisbane	QLD	house	$1,236,645	229
East Perth	Greater Perth	WA	house	$1,161,596	274
North Hobart	Greater Hobart	TAS	house	$879,730	290
Zuccoli	Greater Darwin	NT	house	$447,077	479
Bruce	Australian Capital Territory	ACT	house	$1,069,619	528

In the inner-ring suburbs of Sydney, the median plot size for houses varies widely, from a generous 914 sqm in the affluent suburb of East Lindfield to a mere 97 sqm in the tightly-packed terraced streets of Ultimo.

Melbourne had a slightly larger median plot size (601 sqm) than Sydney, but only by an extra four sqm.

Eaglemont has the largest plot size of the inner-ring suburbs, whereas Carlton has the smallest.

Final note...

With increasing populations and diminishing available land, inner-city land has become a premium commodity.

This translates to higher costs for more substantial plots of land closer to the central business district or the need to move further out to areas with lower population densities.

While this data is interesting to read, at Metropole, we always advise on the importance of only buying investment-grade properties in investment grade locations, rather than chasing a hotspot or growth area.

But even before looking for the right location, make sure you have a Strategic Property Plan to steer you through the upcoming challenging times our property markets will encounter.

Planning is bringing the future into the present so you can do something about it now!

I believe it's important to start with the endgame in mind and understand what you need and what you want to achieve.

And then you have to build a plan, a strategy to get there.

The property you eventually buy will be the physical manifestation of a whole lot of decisions that you will make, and they must be made in the right order.

That's because property investment is a process, not an event.

If you’re a beginner looking for a time tested property investment strategy or an established investor who’s stuck or maybe you just want an objective second opinion about your situation, why not allow the team at Metropole to build you a personalised, customised Strategic Property Plan

When you have a Strategic Property Plan you’re more likely to achieve the financial freedom you desire because we’ll help you:

Define your financial goals;
See whether your goals are realistic, especially for your timeline;
Measure your progress towards your goals – whether your property portfolio is working for you, or if you’re working for it;
Find ways to maximise your wealth creation through property;
Identify risks you hadn’t thought of.

And the real benefit is you’ll be able to grow your wealth through your property portfolio faster and more safely than the average investor.

Click here now and learn more about this service and discuss your options with us.

Source of tables: REA Insights

Are you wondering how you should invest in this interesting phase of the property cycle?

If you're like many property investors, you're probably wondering what's the right thing to do at present.

Should you buy, should you sell, or should you just wait?

You can trust the team at Metropole to provide you with direction, guidance, and results.

Whether you’re a beginner or an experienced investor, at times like we are currently experiencing you need an advisor who takes a holistic approach to your wealth creation and that’s exactly what you get from the multi-award-winning team at Metropole.

We help our clients grow, protect and pass on their wealth through a range of services including:

Strategic property advice – Allow us to build a Strategic Property Plan for you and your family. Planning is bringing the future into the present so you can do something about it now! Click here to learn more
Buyer’s agency – As Australia’s most trusted buyers’ agents we’ve been involved in over $4Billion worth of transactions creating wealth for our clients and we can do the same for you. Our on the ground teams in Melbourne, Sydney, and Brisbane bring you years of experience and perspective – that’s something money just can’t buy. We’ll help you find your next home or an investment-grade property. Click here to learn how we can help you.
Property Development - We enable you to become an “armchair developer” and get all the benefits of property development without getting your hands dirty. We take the hassles out of your investment by assisting you with all the expertise you need, from concept to completion, including construction. Click here to see if it’s the right way for you to grow your portfolio.
Wealth Advisory – We can provide you with strategic tailored financial planning and wealth advice. Click here to learn more about we can help you.
Property Management – Our stress-free property management services help you maximise your property returns. Click here to find out why our clients enjoy a vacancy rate considerably below the market average, our tenants stay an average of 3 years, and our properties lease 10 days faster than the market average.

About Greg Hankinson Greg and his team have successfully built and renovated in excess of 500 homes throughout Melbourne and are showing no signs of slowing down anytime soon. Being a Gold member of the Housing Industry Association and National Kitchen and Bathrooms Association, Greg’s focus is on Continued Professional Development, not only for himself, but his team of industry experts.