Melbourne's 92 million dollar median suburbs: REIV
Jonathan ChancellorDecember 7, 2020
There were 92 suburbs in Melbourne that had a median house price in excess of a million dollars in December Quarter 2015, according to the REIV.
Of these, 45 suburbs had 30 or more sales in the quarter.
There were thirteen new entrants to this list over the quarter: Brunswick East, East Melbourne, Flinders, Hampton East, Middle Park, Parkdale, Parkville, Research, Rosanna, Sorrento, St Kilda West, Thornbury and Warrandyte. Eight suburbs - Brunswick East, Hampton East, Parkdale, Parkville, Research, Rosanna, Sorrento and Thornbury - returned to the list in the three months to December 2015.
* denotes less than 30 sales in the quarter
| Suburb | Dec-15 Median |
| East Melbourne* | $2,842,500 |
| Toorak | $2,840,000 |
| St Kilda WEST* | $2,700,000 |
| CANTERBURY | $2,432,000 |
| MIDDLE PARK* | $2,290,000 |
| MALVERN | $2,230,000 |
| BRIGHTON | $2,225,000 |
| ARMADALE* | $2,200,000 |
| KEW | $2,140,000 |
| BALWYN | $2,100,000 |
| HAWTHORN EAST | $2,050,000 |
| PORTSEA* | $2,050,000 |
| HAWTHORN | $2,015,625 |
| CAMBERWELL | $1,877,500 |
| GLEN IRIS | $1,853,000 |
| HAMPTON | $1,850,000 |
| SOUTH YARRA | $1,833,000 |
| SURREY HILLS | $1,759,389 |
| BALWYN NORTH | $1,725,000 |
| KEW EAST* | $1,723,000 |
| CAULFIELD* | $1,711,000 |
| EAGLEMONT* | $1,700,000 |
| ELWOOD | $1,650,000 |
| PARKVILLE* | $1,600,000 |
| ALPHINGTON* | $1,590,000 |
| BRIGHTON EAST | $1,580,000 |
| FITZROY* | $1,580,000 |
| CAULFIELD NORTH | $1,560,000 |
| ALBERT PARK* | $1,550,000 |
| MONT ALBERT* | $1,534,000 |
| MALVERN EAST | $1,520,500 |
| IVANHOE | $1,505,500 |
| PRAHRAN | $1,485,000 |
| SANDRINGHAM | $1,472,500 |
| BLACK ROCK* | $1,460,000 |
| ASHBURTON | $1,426,000 |
| BEAUMARIS | $1,425,000 |
| ELSTERNWICK | $1,408,750 |
| CARLTON* | $1,400,000 |
| PARK ORCHARDS* | $1,380,000 |
| BOX HILL* | $1,375,000 |
| NORTH MELBOURNE* | $1,367,500 |
| ORMOND* | $1,365,000 |
| SOUTH MELBOURNE* | $1,362,500 |
| TEMPLESTOWE | $1,353,000 |
| ABERFELDIE* | $1,342,500 |
| ST KILDA EAST* | $1,330,000 |
| ESSENDON | $1,315,000 |
| CAULFIELD SOUTH | $1,313,000 |
| CARNEGIE* | $1,300,000 |
| FAIRFIELD* | $1,300,000 |
| FLINDERS* | $1,300,000 |
| BENTLEIGH | $1,295,000 |
| MCKINNON* | $1,288,750 |
| Murrumbeena* | $1,285,000 |
| MOUNT WAVERLEY | $1,281,250 |
| DONCASTER | $1,260,000 |
| St Kilda* | $1,257,000 |
| MONT ALBERT NORTH* | $1,253,500 |
| PORT Melbourne | $1,252,500 |
| BOX HILL SOUTH | $1,238,000 |
| FITZROY NORTH* | $1,224,250 |
| RICHMOND | $1,220,000 |
| CARLTON NORTH* | $1,210,000 |
| CLIFTON HILL* | $1,206,000 |
| BURWOOD | $1,190,000 |
| BLACKBURN | $1,188,000 |
| GLEN WAVERLEY | $1,185,000 |
| WILLIAMSTOWN | $1,179,500 |
| DONVALE* | $1,162,500 |
| STRATHMORE | $1,160,500 |
| DONCASTER EAST | $1,160,000 |
| NORTHCOTE | $1,106,250 |
| ASHWOOD* | $1,103,500 |
| CLAYTON* | $1,100,500 |
| SORRENTO* | $1,100,000 |
| Hampton East* | $1,081,000 |
| HUGHESDALE* | $1,080,250 |
| TEMPLESTOWE LOWER | $1,070,000 |
| Parkdale | $1,062,500 |
| VERMONT SOUTH | $1,049,000 |
| BULLEEN* | $1,038,000 |
| OAKLEIGH* | $1,037,500 |
| WARRANDYTE | $1,030,000 |
| RESEARCH* | $1,027,500 |
| BOX HILL NORTH | $1,025,000 |
| BRUNSWICK EAST* | $1,020,000 |
| WINDSOR* | $1,020,000 |
| THORNBURY | $1,017,000 |
| BENTLEIGH EAST | $1,015,000 |
| Rosanna* | $1,010,000 |
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.