What is the wealthiest street in Melbourne?

St Georges Road in Toorak is widely considered the wealthiest and most expensive street in Melbourne, often featuring home sales in the tens of millions. It frequently tops lists of elite Melbourne addresses, with recent data listing its median house price at over $16 million.

What is the most expensive street in Melbourne?

What is the most expensive street in Melbourne? St. Georges Road in Toorak holds the record for the highest sale price in Melbourne, with homes regularly selling for tens of millions of dollars.

What is the richest area of Melbourne?

Toorak – The Undisputed Richest Suburb in Melbourne

Located just 5 km southeast of the CBD, Toorak is synonymous with luxury and prestige. From multi-million-dollar mansions to elite private schools and exclusive shopping strips, it has long been regarded as the richest area in Melbourne.

Where do rich people live in Melbourne, Australia?

Toorak stands as Melbourne's wealthiest suburb, known for its mansions, exclusive streets, and elite lifestyle. Landmarks like the Toorak Village shopping strip and the Yarra River contribute to its charm. Families are drawn to its proximity to prestigious schools and boutique shopping.

What is the high end street in Melbourne?

You may know Collins Street for its designer stores and heritage buildings, five-star hotels, private clubs and exclusive jewellers. The 'top end' is known to locals as the 'Paris End'. Head in this direction for flagship stores by Dior, Burberry, Giorgio Armani, Versace, Louis Vuitton, Hermes, Fendi and Bvlgari.

I Went to Melbourne's Most Expensive Area

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.

What is the famous street in Melbourne?

Running east to west in Melbourne's CBD is one of the most famous streets in Australia: Collins Street. Today, it is home to the Novotel Melbourne on Collins hotel and some of the best shopping in the country.

Where do the billionaires live in Australia?

More billionaires from the list live in the elite Melbourne suburb of Toorak, five kilometres southeast of the CBD, than any other Australian suburbs. Toorak boasts gated cul-de-sacs, privacy hedges, tree-lined streets and 22 of Australia's richest people.

What's the nicest suburb in Melbourne?

Camberwell is often considered the best family suburb Melbourne thanks to its excellent schools, parks, and community vibe. It offers a blend of heritage homes and modern developments, making it a dream location for families seeking quality living.

What is Australia's wealthiest suburb?

What are the richest suburbs in Australia? Based on the ATO's latest taxation figures, the highest-earning suburb in Australia is Sydney's Double Bay in New South Wales.

What is the poorest part of 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 poshest suburb 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.

What is the richest street in Australia?

Kambala Rd in Sydney's Bellevue Hill in the city's east ranked as the richest road in the country, with a median value of $39.35m over the last three years. Along this elite street the average property is worth over 24 times a median Sydney home.

What is the oldest street in Melbourne?

Melbourne's oldest street is Flinders Lane. It was laid down in Hoddle's 1837 grid, roughly followed the course of one of the settlement's first rough tracks. Through the 1840s it was notorious as an often muddy, rutted and scarcely passable passage.

What is the poshest city in Australia?

Sydney is the most expensive major city in Australia and the most expensive city overall.

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.

What are the best neighborhoods in Melbourne?

No matter where you're based, it's clear why Melbourne is voted one of the world's most livable cities, again and again.

• The city center. Best for accommodation options. ...
• Southbank. Best for riverside strolls. ...
• Fitzroy & Collingwood. Best for pubs, bars and cafes. ...
• St Kilda. ...
• Carlton. ...
• Richmond.

Where does Federer stay in Melbourne?

In the Crown, magnificient casino and hotel, where Federer and Nadal stay :p. - Picture of Crown Towers Melbourne.

Who lives at 39 St Georges Road, Toorak?

Property developer Harry Stamoulis also famously spent an estimated $70m building his palace at 39 St Georges Road. Hawthorn's Shakespeare Grove is also stacked with elaborate mansions, including the nine-bedroom, seven-kitchen Avon Court that's on the market asking $40m.

Where is Taylor Swift's mansion located?

Holiday House is located at 16 Bluff Ave. in the exclusive, lavish Watch Hill neighborhood of Westerly, Rhode Island. Perched on a large bluff, Swift's house is both the highest point and largest residence in all of Watch Hill.

What is the most beautiful suburb in Melbourne?

Brighton. With scenic views, a relaxing ambience and picturesque environment, Brighton is known for its beautiful beaches and luxury real estate from Victorian and Gregorian eras. Home to an excellent range of shops, eateries and even historic sites, it also boasts a line of 82 bathing boxes that date back to the 1900s ...

What is the main party street in Melbourne?

King Street, Melbourne. King Street is a main road in the Melbourne central business district, Australia. It is considered a key hub of Melbourne's nightlife and is home to many pubs, nightclubs, restaurants, and adult entertainment venues.

What street did ACDC play in Melbourne?

Almost 50 years ago, AC/DC filmed their legendary It's a Long Way to the Top video on Swanston Street. That flatbed truck rolling through the heart of Melbourne, with Bon Scott on the bagpipes, is etched into history – a rock 'n' roll time capsule of 1970s Melbourne.