Richmond - … Looking for a place to live among the richest people of Melbourne? New Farm – $1,462,500.

It has Taronga Zoo, Balmoral Beach and a higher annual income than several African nations. Rounding out the list was Northbridge (2063, $159,736), the WA suburb of Cottesloe (6011, $150,230), Hunters Hill (2110, $147,757) and Double Bay (2028, $146,521).

Clair Matthewson, Andrew Cartledge and their baby Archie Cartledge at their Richmond home, which is Melbourne’s best suburb to live in.

With the beach on its doorstep and a short commute to Melbourne’s Central Business District (CBD) – 29 minutes by public transport or 18 minutes by car – it’s no surprise that St Kilda West has topped the list of Melbourne’s best lifestyle suburbs. Auchenflower – $1,275,000. This postcode was Australia's richest the year before (in 2015-16). Victoria's Portsea is the third richest, with an average income of just over $160,000 but down nearly 30 per cent on the previous tax year. 1. I’ve lived in Melbourne all my life, and largely agree with their assessment. 1.

Australian Youtubers based in Melbourne. Ascot – $1,290,000. With the introduction of Australia’s record-low interest rate of 1.75 percent, the hottest meal ticket in town has become property ownership. Canterbury which is the 2nd most expensive suburb in Melbourne … Adventure, Travel, Food and finding unique hidden bars and cafes.

The Affluent Suburbs of Melbourne.

5. While the well known blue-riband postcodes that are home to established money are well represented, such as Bellevue Hill, Mosman and Vaucluse in Sydney, and Toorak and Portsea in Melbourne, there were also a few new additions and surprises, including the wheat-belt town of Manmanning in Western Australia … Picture: Tony Gough BEST SUBURBS TO LIVE. Melbourne has a range of suburbs known for its mansions, high-end shopping and population of elite residents. Melbourne’s most expensive suburb according to the current sales data is Kooyong, 7km south-east of the CBD, where the median house price is a staggering $3.5 million. 4. Melbourne’s smallest suburb is making big waves in terms of liveability, jumping from 69 in 2005, 43 in 2011 to 17 today. Bulimba – $1,305,500. The 10 Most Expensive Suburbs In Australia ... boasts the most expensive real estate in Melbourne. Brighton is number 6. Sydney's top 10 1. Other battler suburbs included Lake Mundi with an average taxable income of $28,334 and Balmoral, where residents declared average earnings of $29,573. The list of Australia’s rich hotspots is dominated by Sydney, Melbourne and Western Australia. The suburb is home to the Kooyong Lawn Tennis Club, one of the original venues for the Australian Open. Eight out of the top 10 highest-earning postcodes were in Sydney, while the other two were in or near Melbourne. ... Black Excellist: Top 12 Best Atlanta Suburbs - Duration: 18:31.
Top 20 most expensive suburbs. Toorak is number 4. The latest taxation statistics for 2016-17, based on information 13.9 million Australians reported in their tax returns, again highlights the giant pay gap between the nation's richest and poorest. 6. Since the 1840s, South Yarra has been one of Melbourne’s most affluent suburbs, and today, this commercial precinct is home to the Jam Factory, Prahran Market and plenty of restaurants. The richest people usually live in the suburbs with the most expensive houses, so here is a good list of the top 10 Melbourne's most expensive suburbs and their houses. Or are you just plain curious to know how the other half live?

In this area, you’ll find many historic mansions as well as Victorian terrace homes and Art Deco properties. However, a surprise inclusion in Melbourne's top 10 was Footscray in the traditionally working-class western suburbs that jumped to the sixth spot.
3. Would add Malvern, … “It is an old money suburb … St Lucia – … Chelmer – $1,209,500. The richest people usually live in the suburbs with the most expensive houses, so here is a good list of the top 10 Melbourne's most expensive suburbs and their houses. What interests me about the list is how the most expensive suburbs such as Toorak, Canterbury, Brighton, etc, are not necessarily at number 1 with having the wealthiest residents. 2. I’ve lived in Melbourne all my life, and largely agree with their assessment.