$45,534 per sqm: The eye-watering price Aussies are paying for homes

New data has shed light on the asking price per square metre across Aussie suburbs, revealing several surprising – and altogether unsurprising – frontrunners.Australian homeowners and homebuyers often look at median home prices to get a sense of what's happening in their local market, but understanding the value of a square metre can be a useful gauge for comparing property values in different areas.Analysis of PropTrack data has revealed how much a square metre of real estate is worth across Australia's suburbs, highlighting some of the priciest postcodes across the country.Price per square metre is a metric more commonly used for commercial property, but in the residential sector it can help buyers gauge how much property they could get for their money.As might be expected, blue-chip suburbs with harbour views in Sydney had the highest asking prices per square metre.But when examining price growth per square metre of real estate over the past 12 months, a few shock leaders emerged.Jump ahead to see: The suburbs with the priciest values per square metre Where properties have increased the most in value per square metre over the past 12 months The data assessed suburbs based on the...