Three million-dollar Melbourne suburbs at their peak

Jonathan ChancellorInvalid Date

Suburb  

Median Price 

Prior Peak 

Canterbury*

$1,860,000

$1,930,000

Hawthorn East*

$1,690,000

AT PEAK

Albert Park*

$1,600,000

AT PEAK

Brighton

$1,590,000

$1,955,000

Balwyn

$1,590,000

$1,610,000

Armadale*

$1,522,500

$2,061,000

Hampton*

$1,413,100

$1,543,500

Hawthorn

$1,300,000

$1,638,000

Mont Albert*

$1,282,000

$1,414,000

Malvern*

$1,280,000

$1,750,000

Ivanhoe East*

$1,280,000

$1,492,500

Caulfield North*

$1,280,000

$1,802,500

Camberwell

$1,255,000

$1,550,000

South Yarra

$1,225,350

$1,855,000

Surrey Hills*

$1,218,750

$1,351,000

Kew

$1,175,000

$1,945,000

Black Rock*

$1,170,500

$1,600,000

Glen Iris

$1,167,500

$1,350,500

Brighton East

$1,156,250

$1,351,000

Malvern East

$1,104,000

$1,477,500

Caulfield*

$1,100,000

$1,340,000

Balwyn North

$1,100,000

$1,150,000

Sandringham*

$1,075,000

$1,368,000

Elwood*

$1,030,000

$1,517,500

Alphington*

$1,019,000

AT PEAK

Ivanhoe*

$1,005,500

$1,297,500

Park Orchards*

$1,005,000

$1,150,000

Carlton*

$1,000,000

 

$1,155,500

 *REIV based on suburbs with 30 house sales or more in the September quarter.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.