Recommended Residential Areas in Melbourne
1. South Yarra
South Yarra is known for its upscale lifestyle and proximity to the city center. With trendy cafes, high-end shopping on Chapel Street, and beautiful parks like the Royal Botanic Gardens, South Yarra is perfect for professionals and families alike. Housing options range from luxury apartments to charming Victorian-style homes.
Key Features:
- Close to Melbourne CBD (just 4 km away).
- Excellent public transport connections.
- Vibrant nightlife and dining options.
Average Property Prices:
- Apartments: AUD 600,000 – AUD 1,200,000
- Houses: AUD 1,500,000 – AUD 3,500,000
2. Carlton
Carlton is famous for its Italian heritage, with Lygon Street often referred to as Melbourne’s “Little Italy.” The suburb offers a mix of period homes and modern apartments, making it popular among students, thanks to its proximity to the University of Melbourne.
Key Features:
- Bustling cultural scene.
- Iconic Carlton Gardens and Melbourne Museum.
- Diverse dining options, especially Italian cuisine.
Average Property Prices:
- Apartments: AUD 400,000 – AUD 800,000
- Houses: AUD 1,000,000 – AUD 2,500,000
3. Brighton
Brighton is a coastal suburb offering a luxurious lifestyle. With stunning beaches, the iconic Brighton Bathing Boxes, and excellent schools, Brighton is a top choice for affluent families.
Key Features:
- Beachfront living.
- Elite private schools.
- High-end shopping and dining on Church Street.
Average Property Prices:
- Apartments: AUD 800,000 – AUD 1,500,000
- Houses: AUD 2,500,000 – AUD 5,000,000+
4. Fitzroy
Fitzroy is Melbourne’s hub of creativity and culture. Known for its vibrant street art, indie boutiques, and lively bars, Fitzroy attracts young professionals and artists. The suburb offers a mix of warehouse conversions, historic terraces, and modern apartments.
Key Features:
- Eclectic and artistic vibe.
- Close to Melbourne CBD (3 km away).
- Renowned for its nightlife and art galleries.
Average Property Prices:
- Apartments: AUD 500,000 – AUD 1,000,000
- Houses: AUD 1,200,000 – AUD 3,000,000
5. Glen Waverley
Glen Waverley is a family-friendly suburb located in Melbourne’s eastern region. Known for its excellent schools, safe environment, and vibrant Asian dining scene, it is a favorite among families.
Key Features:
- Top-rated schools such as Glen Waverley Secondary College.
- Family-oriented community.
- Convenient access to public transport and shopping centers.
Average Property Prices:
- Apartments: AUD 600,000 – AUD 1,200,000
- Houses: AUD 1,000,000 – AUD 2,500,000