What is the posh suburb of Melbourne?

Toorak is widely considered the most exclusive and posh suburb in Melbourne, located 5 km southeast of the CBD with a median house price often exceeding $ 3 − $ 4 $ 3 − $ 4 million. Other highly affluent, prestigious areas include Brighton (bayside), East Melbourne, and Canterbury, known for luxurious homes, elite schools, and high average incomes.

What are the upscale suburbs of Melbourne?

Some of the highest-rated suburbs include Toorak, Brighton, East Melbourne, and Canterbury, known for their prestigious schools, premium amenities, and affluent communities. Many of these areas offer a strong sense of community, a vibrant shopping scene, and excellent access to parks and recreational facilities.

What is the number one suburb in Melbourne?

1. Fitzroy North – Best Overall Suburb to Live in Melbourne. Fitzroy North blends village charm with inner-city convenience, making it a standout among Melbourne's most liveable suburbs.

Is East Melbourne a rich suburb?

East Melbourne – Heritage and Prestige

This suburb is where heritage charm meets modern prestige, making it one of the most desirable addresses in the city. Known for its stunning Victorian-era mansions, East Melbourne attracts politicians, top executives, medical specialists, and families with generational wealth.

Where do millionaires live in Melbourne?

Toorak. It's nothing but luxury living in Toorak, a well-known area of Melbourne that the most elite like to call home. Toorak is a leafy suburb full of mansions, glamorous restaurants and boutique shopping where houses go for an average price of 3.3 million dollars.

2026 Melbourne Hotspots: Top 5 Suburbs Under $750K

What's the coolest suburb in Melbourne?

The 10 coolest neighbourhoods in Melbourne

• Fitzroy – Melbourne's bohemian heart. ...
• Brunswick East – A global standout. ...
• St Kilda – Beachside bohemia. ...
• South Yarra – Where style meets substance. ...
• Richmond – A multicultural melting pot. ...
• Carlton – Melbourne's Italian quarter. ...
• Elwood – Laid-back coastal charm.

Which is the happiest suburb in Melbourne?

According to census data analyzed by The Age and our lovely locals, Tarneit has clinched the title of Melbourne's Happiest Suburb. And with a booming population and one of the youngest age groups in town, there's a lot to be cheerful about in this neck of the woods.

What is the nicest part of Melbourne?

Docklands is one of the best places to stay in Melbourne for families or groups. You still have decent public transport access to the city centre and other neighbourhoods, yet it can feel like it's its own little world. Despite its modern feel, Docklands is much quieter than the neighbouring CBD and Southbank.

What is the fanciest suburb in Australia?

In the centre of Sydney's east, some of Sydney's most awe-inspiring properties are nestled within Bellevue Hill's green hills. It takes out the title as the most expensive suburb in Australia, and for good reason. A meander through the suburb's spectacular streets says it all.

Where do old money live in Melbourne?

The exclusive postcode of Toorak offers equal parts village-like charm and upscale glamour. Lined with stately, old-money mansions, often tucked away in quiet cul-de-sacs or along the bend in the Yarra River, it's home to Melbourne's elite – and just four kilometres away from the city's centre.

Which suburb is booming in Melbourne?

In Melbourne's outer south-east, Cranbourne is booming with new development yet remains relatively affordable, making it a prime pick for future growth. This suburb (around 43 km from the CBD) sits in the heart of the Casey growth corridor and has seen massive influx of young families.

What's the poorest suburb in Melbourne?

Cremorne and East Melbourne are the most advantaged suburbs in Victoria, while Dallas, Coolaroo and Broadmeadows are the most disadvantaged in Melbourne.

What is the wealthiest suburb?

New York: Scarsdale.

The average Scarsdale home is worth $1.6 million, as of June 2025. It's the wealthiest suburb in America.

Where do rich people shop in Melbourne?

The Collins Street Precinct extends to include further exclusive shopping, renowned dining, and luxury services on neighbouring Flinders Lane, Little Collins Street and the many iconic arcades and laneways in-between. Collins Street is the heart of retail, hospitality and business past and present, in Australia.

Where do most expats live in Melbourne?

Discover the Best Suburbs for Expats in Melbourne: Where to Live and Thrive

• Fitzroy. Vibrant and funky Fitzroy – one of the cultural hubs of Melbourne and a favourite spot for international and interstate newcomers alike. ...
• Elwood. ...
• Melbourne CBD. ...
• Moonee Ponds.

Why is Tarneit so popular?

Investors are particularly drawn to Tarneit due to its growing infrastructure and potential for long-term capital growth. The suburb's rising population, driven by families and professionals alike, ensures that properties in the area will only continue to increase in value.

What is the coolest suburb in Australia?

Burwood has officially been named the coolest neighbourhood in Australia and #16 in the world, according to Time Out Magazine's global ranking.

What is Melbourne's safest suburb?

Canstar research crunched the numbers on recent crime statistics to find out which area is the safest. Ferny Creek had the lowest reported amount of crime of any Melbourne suburb in the year to March 2023.

What's the roughest suburb in Melbourne?

The worst suburbs in Melbourne for crime include central areas like Southbank and Carlton, and western suburbs like Melton and Sunshine. Crime rates in Melbourne have risen by 8.2% in 2024, with moderate concerns about violent crimes and drug-related issues.

What is the most beautiful suburb in Melbourne?

If you're looking for a best place in Melbourne with a coastal lifestyle, Brighton is the answer. With its pristine beaches, elite schools, and stunning real estate, it remains one of the most desirable suburbs in Melbourne.

Which Melbourne suburbs will boom in 2025?

Best Suburbs to Invest in Melbourne 2025

• CRANBOURNE. Cranbourne,43km south-east of Melbourne's Central Business District, is one of the fastest growing areas in Melbourne's south-east. ...
• CROYDON. ...
• PAKENHAM. ...
• DONNYBROOK. ...
• ST HELENA. ...
• GREENVALE. ...
• WERRIBEE. ...
• CAROLINE SPRINGS.

Which side of Melbourne is better to live on?

And Those Are the Best Neighbourhoods in Melbourne!

• Middle Park: For Family-Friendly Parks, Beaches, and the Australian Grand Prix.
• South Yarra: For Bougie Boutiques, Brunches, and the Botanic Gardens.
• The CBD: For the Most Central of Locations.
• And Those Are the Best Neighbourhoods in Melbourne!