With a median house price of $2.86 million and median unit price of $664,000, Vaucluse has long been recognised as one of the most prestigious suburbs in Australia. The area comprises some of the finest houses to be found in Sydney, including the infamous Butterfly House in the neighbouring suburb of Dover Heights.
Located on the glorious South Head peninsula, the predominantly residential suburb boasts magnificent views across Sydney harbour to the world-famous Sydney Harbour Bridge and the Sydney Opera House.
The adjacent suburbs of Watsons Bay to the north and Rose Bay and Dover Heights to the south also continue to be very highly sought-after.
Vaucluse is located within a decent stroll of the ferry terminal at Watsons Bay, the cliff-top walks that pass the suburb comprising some of the most breath-taking scenery in urban Australia. The suburb is steeped in modern European history including the Macquarie Lighthouse which was built in 1816.
As implied by the median prices houses in the suburb of Vaucluse houses command premium values, yet the accessible entry price of quality established apartments has seen the suburb become a popular haven for investors in recent years.