These are the suburbs with the highest median house prices in Melbourne, using data from Domain and Realestate.com.au. Multi-city regions also create a demographic that is less heavily centred towards our CBDs, spreading wealth and providing equal access to education, healthcare and employment opportunities. terraces. Atop the list is South Melbourne with a price per square metre rate of $11,212, attributed to a 'rebirth' over the past decade which has seen its price rise steadily. However, the land cost has not reduced buyers are just purchasing less of it.. 72 houses and 39 units were sold during this period, representing a 4.08% turnover. tram, making it perfect for young families. Middle Park is a bayside suburb thats located right outside of the CBD, about 3km away. If you're looking to rent, you can expect to pay an average of $790 for houses and $385 for apartments each week. In Kinglake West, land costs are the lowest at $260 per square metre, while Heathcote Junction costs $271. It is our intention to eventually confirm that all agents in our recommendation list meet these standards, however, to date - we have only confirmed this with the agents on our retained product who we work closest with. Located on the Mornington Peninsula, 90 kilometres from Melbourne, Sorrento is a popular coastal suburb that is home to over 2,000 residents. Back to the Mornington Peninsula is Moorooduc, which has a median house price of $3,028,300. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. 2023 Metropole Property Strategists. Just eight houses were sold last year. Please try again later. Compared to the December quarter of 2022. Middle Park - $2.80m. The median house price is currently sitting at a whopping $5.19 million (down 14.4% year-on-year) with rent costing an average of $1,025 per week.

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