Sydney now has 170 suburbs with $1 million median house price: APM

Sydney now has 170 suburbs with a $1 million median house price, according to Australian Property Monitors.

The figure comes from sales data over the six months to March.

In a similar survey covering the six months to September it was 123 suburbs.

There are around 600 suburbs across Sydney.

APM senior economist Dr Andrew Wilson told 2UE that the some of newest entrants were from Sydney's upper north shore.

He said the UNS region was the fifth of eight regions that now sat within the $1 million plus median house price range.

The other regions already with $1 million medians include the city and east, the lower north shore, the northern beaches, and the inner west which was included last year.

There had been growth of 23% over the past year on the upper north shore with middle-market changeover buyers seen as the driving force behind the strong result.

The Ku-ring-gai municipality median sits at $1.3 million after strong growth in the past year.

The new entrants include West Pymble where the house median now sits at $1.07 million with 19% annual growth.

North Turramurra sits at $1.06 million with 13% annual growth.

APM includes the Hills district within the UNS regional count, though Dr Wilson indicated it was the intention of the data group to separate the data at some point in the future.

"These are geographical descriptors we have used for 30 years.

"We are redefining the areas," he said.

"And we are changing the data going back in the house price time series."

Chatswood to Hornsby would be the typical upper north shore reference.

West of Epping could be possibly deemed to be the start of the north-west corridor.