Sydney has many different markets from the inner-city to the surrounding suburbs, prices vary.
Each suburb obtains a different medium price and many of them vary quite significantly.
The medium house price in the Northern Beaches sell for $1.75 million. The starting price for houses in this area begin at $1.2 million.
Units in the Northern Beaches have a median value of $937,000.
Lower North Shore
The median house price in the suburb of Lane Cove sell for $2.125 million.
Units in this area have a median value of $835,000.
The suburb of Cronulla has a median value of $2.2 million compared to a median unit value of $882,500.
In Western Sydney there are a large variety of properties on offer ranging from $400,000 to $750,000.
In Black Town the median house price is $695,000 with a medium unit price of $480,000. Rental prices have a median cost of $420 per week.
Houses in Oran Park have a median value of $758,000 with rentals costing a median price of $520 per week.
Although the Financial Review places Sydney in the top 10 most expensive places to buy property in the world, If you do your research on the surrounding suburbs it is possible to find a great value property.