Top 10 Popular Suburbs in Melbourne

Melbourne sports many beautiful suburbs to live in but the following suburbs were the most sought after during 2015 and will stay much the same for 2016.

  1. CARLTON / FITZROY - Inner north. Cafe culture. Cool factor. Perfect for independent people who enjoy the comports of the inner city life. Popular with students.
    Median House Price -
    BUY: House - $1,055,000 UNIT - $647,500
    RENT: HOUSE - $643pw UNIT - $410pw

  2. ALBERT PARK - Beach. Professionals and an established family vibe
    Median House Price
    BUY: House $1,540,000 UNIT $781,000
    RENT: HOUSE $730pw UNIT $380pw

  3. ST KILDA / ELWOOD - Luna Park. Beach. Cafe culture. Close to city, night life and morning farmers markets.
    Median House Price
    BUY: HOUSE - $860,000 UNIT - $475,000
    RENT: HOUSE - $620pw UNIT - $385pw

  4. SOUTH YARRA - Inner south-east. Shopping, cafes and restaurants. Parks. Riverside Art Deco apartments and historic mansions.
    Median House Price
    BUY: HOUSE - $1,431,500 UNIT - $560,000
    RENT: HOUSE - $663pw UNIT - $430pw

  5. PRAHRAN - Inner south-east. Restaurants, clubs and theatre. Where grunge and glamour meet. Cool factor.
    Median House Price
    BUY: HOUSE - $1,259,000 UNIT - $527,000
    RENT: HOUSE - $620pw UNIT - $400pw

  6. RICHMOND - East. Cafe culture. Urban lifestyle. Multicultural. Mature independent people.
    Median House Price
    BUY: HOUSE - $1,100,000 UNIT - $551,000
    RENT: HOUSE - $600pw UNIT - $425pw

  7. ELTHAM - North, Slower pace. Families. Landscape and space. Family homes with backyards and swimming pools.
    Median House Price
    BUY: HOUSE - $728,000 UNIT - $547,000
    RENT: HOUSE - $425pw UNIT - $400pw

  8. HAWTHORN - East. Historic houses and modern apartments. Student and family friendly. Cafes and fine dining. Bike Paths.
    Median House Price
    BUY: HOUSE - $1,510,000 UNIT - $557,250
    RENT: HOUSE - $650pw UNIT - $380pw

  9. BRUNSWICK - Inner north. Earthy and artful. Multicultural. Cafe's. Inner city living for the young to old, with or without kids.
    Median House Price
    BUY: HOUSE - $797,000 UNIT - $485,000
    RENT: HOUSE - $520pw UNIT - $380pw

  10. YARRAVILLE - Inner west. Community, village feel. Family friendly. Cafe's and parks. Lots of schools.
    Median House Price
    BUY: HOUSE - $782,500 UNIT - $512,500
    RENT: HOUSE - $450pw UNIT - $360pw