Which are the best areas to live in Melbourne? Carlton, Brunswick, and Fitzroy are some of the best places to live in Melbourne. Seaholme is also the best area to live in Melbourne.
3142 (Hawksburn, Toorak)
Victoria's 3142 postcode, which comprises Toorak and Hawksburn and sits just five kilometres southeast of Melbourne's CBD, is home to more of Australia's richest millionaires and billionaires than any other suburb in the country.
The Australian Bureau of Statistics rankings, released on Thursday, are based on the latest Socio-Economic Indexes for Areas (SEIFA), compiled using data from the 2021 census. The list of the most advantaged suburbs is dominated by locations in Melbourne's inner east, such as Toorak, Brighton and Malvern.
VIDEO: New data reveals Victorian suburb fastest growing in Australia. Wyndham, in Melbourne's outer south-west, saw an increase in nearly 35,000 residents when compared to population data three years ago. More on: Wyndham Vale.
Why is Toorak so expensive? Toorak is known to be home to many high-end corporate juggernauts, entrepreneurs and business people. The suburb has been one of the most affluent locations in Melbourne for decades. Over the years, this hot spot has only grown in demand, with many purchases exceeding $10,000,000.
Princes Hill, in the lap of Melbourne University, has the state's highest concentration of post-graduates. East Melbourne, Carlton North, Clifton Hill and Parkville, all with universities on their doorstep, predictably rate highly for education as well.
Fitzroy, Carlton, and St Kilda are some of the healthiest places in Melbourne to live in terms of walkability and the principle of the 20-minute neighbourhood.
One of the safest suburbs in Melbourne, Glen Waverley is a haven of family-friendly houses, great Melbourne schools, and plentiful shopping and recreation options. With a median house price of $1.6 million, Glen Waverley is pricier than Melbourne's median of $998,356.
Southern suburbs: affordable suburbs in Melbourne
35 kilometres from the city centre, Narre Warren, Hampton Park, Lynbrook and Hallam are within a reachable price bracket. For an idea of property prices, Hampton Park is the cheapest and the median house price is $570,000.
The Patch. The Patch is the safest suburb among Melbourne's suburbs with the lowest crime rate. However, the inner suburb, “The Patch” is relatively small. It is located 36 kilometres east of Melbourne's central business district in the county of Yarra Ranges.
Top 20 culturally diverse areas in Greater Melbourne Area
While exploring the same topic using the latest Census data, an article from ABC News considered Point Cook in VIC to be the country's most multicultural suburb based on the fact that the residents are from 86 different countries.
Risks of long-term coastal inundation linked to climate change are rising fastest in a string of inner-city Melbourne suburbs including Docklands, Port Melbourne, Albert Park and the unexpected neighbourhood of Footscray, new research shows.
But Toorak in particular is packed with wealth and fame, being home to the mansions of trucking magnate Lindsay Fox, property developer Harry Stamoulis, Chadstone Shopping Centre part-owner John Gandel, former Essendon Football Club chairman Paul Little, tech entrepreneur Ruslan Kogan, retailer Solomon Lew – and the ...
Famous residents include billionaire businessman Lindsay Fox, who moved into a Toorak mansion on Irving Road in the late 1970s. Retail magnate John Gandel, young property developer Tim Gurner and Jayco caravans owner Gerry Ryan also call Toorak home.
Toorak is home to more than 270 shops and businesses ranging from fashion boutiques, cafes, restaurants, beauty therapy, and hair salons. There are also many highly reputable cosmetic and medical clinics inside Toorak Village, located between Wallace Ave and Grange Road.
Wyndham in Victoria was Australia's fastest growing region over the past three years, with an additional 34,500 to its population between 2019-2022 for a December estimate of 308,900 residents.
Melbourne is a great place to age. The diversity of older people living in, working in and visiting Melbourne adds to the vibrancy of the community and is one of our great strengths. The City of Melbourne municipality is home to about 14,000 people aged 60 and over.
St Kilda is one of the most popular areas to settle in Melbourne for British backpackers. If you're doing a working holiday visa (WHV) and you're from the UK, chances are, you'll meet quite a few other people from the same area as you in St Kilda.
What are the richest suburbs in Australia? The highest-earning suburbs in Australia are Cottesloe and Peppermint Grove in Western Australia, based on the ATO's latest taxation figures.