Balwyn the home of Melbourne's third most expensive houses: REIV
Melbourne's most expensive home reported over the weekend was sold pre-auction at Balwyn, according to the REIV.
The property at 66 Gordon St, Balwyn was sold for $4.8 million through James Huang of Phillip Webb Doncaster.
The six bedroom contemporary home last traded for $3.3 million in 2009.
The French provincial residence sits on a 724 sqm block on one of Balwyn's most exclusive streets, a short walk to transport and numerous prestigious schooling options.
The estate includes two gated driveways, manicured gardens and a sandstone courtyard accompanied by an alfresco deck and pool.
The finishes include a timber and iron staircase, open fire lounge and Feng-Shui elements.
Balwyn sits third among the 87 suburbs in Melbourne that had a median house price in excess of a million dollars in September quarter 2015, according to the REIV.
| Suburb | Sep-15 Median |
| Toorak | $3,950,000 |
| CANTERBURY | $2,430,500 |
| Balwyn | $2,281,000 |
| BRIGHTON | $2,222,500 |
| ARMADALE* | $2,185,000 |
| Kew | $2,080,000 |
| Hawthorn | $2,053,000 |
| MONT ALBERT* | $2,035,000 |
| MALVERN* | $1,985,000 |
| CAMBERWELL | $1,883,000 |
| PORTSEA* | $1,875,000 |
| SURREY HILLS | $1,865,000 |
| Balwyn NORTH | $1,855,000 |
| EAGLEMONT* | $1,850,000 |
| Caulfield NORTH | $1,841,000 |
| SOUTH YARRA | $1,800,000 |
| GLEN IRIS | $1,785,000 |
| ALBERT PARK | $1,747,500 |
| Ivanhoe East* | $1,745,000 |
| HAMPTON* | $1,725,500 |
| Caulfield* | $1,712,000 |
| Sandringham* | $1,670,000 |
| Hawthorn EAST | $1,661,250 |
| MONT ALBERT NORTH* | $1,650,000 |
| MCKINNON* | $1,630,000 |
| BRIGHTON EAST | $1,625,000 |
| Kew EAST | $1,618,000 |
| BLACK ROCK* | $1,600,000 |
| Malvern East | $1,600,000 |
| BOX HILL* | $1,574,000 |
| ELWOOD* | $1,540,000 |
| ASHBURTON* | $1,485,000 |
| ORMOND* | $1,460,000 |
| PARK ORCHARDS* | $1,445,750 |
| Alphington* | $1,430,000 |
| BEAUMARIS | $1,410,000 |
| ST KILDA EAST* | $1,382,500 |
| MOUNT WAVERLEY | $1,380,000 |
| ELSTERNWICK* | $1,375,000 |
| FITZROY* | $1,363,000 |
| BLACKBURN | $1,330,000 |
| IVANHOE | $1,330,000 |
| DONVALE | $1,325,000 |
| GLEN WAVERLEY | $1,319,000 |
| TEMPLESTOWE | $1,316,000 |
| PORT Melbourne | $1,305,000 |
| DONCASTER | $1,298,000 |
| CARNEGIE* | $1,292,500 |
| ASHWOOD* | $1,290,000 |
| PRAHRAN | $1,290,000 |
| CARLTON* | $1,271,000 |
| BALACLAVA* | $1,268,000 |
| MURRUMBEENA* | $1,257,500 |
| BENTLEIGH | $1,255,000 |
| CAULFIELD SOUTH | $1,235,000 |
| DONCASTER EAST | $1,232,000 |
| FITZROY NORTH* | $1,228,000 |
| BURWOOD | $1,222,500 |
| CARLTON NORTH* | $1,222,000 |
| WINDSOR* | $1,215,000 |
| Box Hill South | $1,207,500 |
| St Kilda* | $1,206,000 |
| ABERFELDIE* | $1,203,750 |
| CLIFTON HILL* | $1,200,000 |
| PLENTY* | $1,200,000 |
| HUGHESDALE* | $1,195,000 |
| NORTHCOTE | $1,138,900 |
| OAKLEIGH EAST* | $1,137,000 |
| ESSENDON | $1,133,794 |
| BOX HILL NORTH | $1,132,000 |
| HEIDELBERG* | $1,120,000 |
| FAIRFIELD* | $1,106,250 |
| RICHMOND | $1,102,500 |
| CLAYTON* | $1,100,000 |
| WILLIAMSTOWN | $1,100,000 |
| BENTLEIGH EAST | $1,085,000 |
| STRATHMORE* | $1,080,250 |
| OAKLEIGH* | $1,065,500 |
| NORTH MELBOURNE* | $1,065,000 |
| BULLEEN* | $1,055,500 |
| TEMPLESTOWE LOWER | $1,044,750 |
| VERMONT SOUTH | $1,040,000 |
| BLACKBURN NORTH* | $1,039,500 |
| South Melbourne* | $1,035,000 |
| MOONEE PONDS | $1,020,000 |
| BURWOOD EAST* | $1,004,000 |
| BLACKBURN SOUTH | $1,000,000 |
Source REIV