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Where are most of Melbourne's million dollar homes sold?

Where are most of Melbourne's million dollar homes sold?

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.

Read the full article at the RP Data Research Blog

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