With a median house price of $4,788,300, Main Ridge is the most expensive suburb in Melbourne, despite being located 97 kilometres from the CBD. The suburb is nine kilometres from Rosebud and has a population of just 416, according to the 2021 Census.
The Mornington Peninsula has become a hot spot for the rich and famous, with its multimillion-dollar clifftop mansions attracting celebrities, business titans and sporting greats – who seldom ever part with their pricey pads.
Where do the wealthiest people live in Australia? And it turns out Perth has the wealthiest neighbourhoods in the country. Residents of Cottesloe and Peppermint Grove in the Western Australian capital boast an average taxable income of $325,343 apiece.
According to the PropTrack data, the most expensive suburb in the country is Bellevue Hill in Sydney's eastern suburbs, dominated by grand estates and heritage manors, with a house AVM of $8.42 million.
Prahran. Those looking to be in the heart of Melbourne's shopping, dining and entertainment precinct, Prahran is a lively, easy-going neighbourhood that has become a mecca for youth and young singles. ...
Why? Toorak is home to a wealth of smart leafy streets lined with mega mansions where many high-end corporate juggernauts, entrepreneurs and business people own a property. These people are flocking to the local amenities, high end schools, low crime rates and not to mention the spectacular city views.
The wow-factor is enhanced in the Olsen Penthouse. With the deluxe bedding – exclusively from the Art Series – spacious walk-in robes, a gas fireplace, full gourmet kitchen and a dining table for ten, it would be hard to leave. Bieber chose to stay here when he was in town.
Key points. Data from the Australian Taxation office shows the average annual incomes of residents across all Victorian postcodes. Toorak ($190,000) ranks as the wealthiest suburb.
In Melbourne, high homelessness rates are found in Dandenong about 25km from the city, as well as in Maribyrnong, Brimbank, Moreland, Darebin and Whitehorse councils.
When looking for the best areas to live in Melbourne, consider the southern suburbs that are close to exquisite beaches and direct access to the stunning Mornington Peninsula. The bayside suburb of Elwood is characterised by its peaceful, tree-lined streets and village feel.
Carlton. Known as 'Little Italy', Carlton is a central suburb popular with university students and young professionals. Teeming with restaurants, nightlife and culture, Carlton is a charming place to live, boasting Victorian architecture.
“The friendliest city in Australia awards goes to Perth, thanks to its lively locals, engaging social scene and ease of access for first-time visitors.
Mungallala is a rural town and locality in the Maranoa Region, Queensland, Australia. In the 2016 census, the locality of Mungallala had a population of 136 people.
