Brighton's median tops $2.17 million: REIV

Brighton's median tops $2.17 million: REIV
Brighton's median tops $2.17 million: REIV

The REIV has released its list of the to 10 most expensive suburbs across Melbourne.

Brighton tops the list given Toorak has had a reduced level of activity during the quarter.

Kew was in second place, just $17,000 behind Brighton's $2.17 million median.

 

Suburb

Sep-16 Median

1

           BRIGHTON

$2,170,000

2

           KEW

$2,153,500

3

           CAMBERWELL

$2,140,000

4

           BALWYN

$2,100,000

5

           HAWTHORN

$2,000,000

6

           Malvern East

$1,914,000

7

           Glen Iris

$1,870,000

8

           BRIGHTON EAST

$1,700,000

9

           Balwyn North

$1,675,000

10

           HAWTHORN EAST

$1,666,000

Only suburbs with a minimum of 30 sales were included.

Recent sales at around Brighton's $2.17 million median included a three bedroom John Friedrich-designed home at 30 Barkley Street (pictured above) that fetched $2.1 million.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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