Five years ago there were 3,335 homes sold for in excess of one million dollars in Melbourne - not so surprising is that the top 10 sales were in the city's most expensive addresses. Nearly 10,000 homes have sold in the last year for more than $1m.
The top three, Brighton, Camberwell and Kew, saw 266, 162 and 157 houses sold for over a million dollars in 12 months. Remarkably, in the bayside suburb of Brighton, 109 of those were in excess of 2 million dollars. Bay views command incredible sale prices due to their scarcity.
The remaining seven in the list are Toorak, Brighton East, Hawthorn, Malvern, Malvern East, Canterbury and Surry Hills.