From Suburbia to Luxury: Melbourne’s Most Desirable Houses for Sale

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melbourne house to buy

Melbourne, Australia’s second-largest city, is known for its vibrant culture, excellent food, and stunning architecture. The city features a unique blend of modern and traditional houses that offer luxury living for those who want to experience the best of what Melbourne has to offer. From suburban neighbourhoods to upscale areas, Melbourne’s real estate market has a lot to offer for savvy buyers seeking high-end homes.

If you’re looking for the most desirable houses for sale in Melbourne, you’ve come to the right place. In this article, we’ll explore some of the most luxurious homes in Melbourne’s suburbs, hidden gems, and tips on how to find your dream home. We’ll also provide practical advice on the buying process, how to navigate the real estate market, and answer some of the most frequently asked questions about buying houses in Melbourne.

Top 10 Most Desirable Houses for Sale in Melbourne

1. Toorak Mansion

Located in the prestigious suburb of Toorak, this stunning mansion has sweeping views of the Yarra River and offers a classic design approach coupled with modern-day amenities. Spanning across 1,700 square metres, this mansion has six bedrooms, a home theatre, gym, pool, and spa.

2. South Yarra Terrace

For those who are seeking modern-day luxury, South Yarra Terrace, an architecturally designed home is a must-see. This three-storey house features an open-plan layout, four bedrooms, a stunning rooftop terrace, and fittings that scream modernity.

3. Balwyn North Villa

This extraordinary five-bedroom house situated in Balwyn North, offers a taste of sophistication with its gourmet kitchen, six-car garage, cinema room, and wine cellar. The property is almost 900 square metres and sits on a sizeable block of land, providing ample space for family living.

4. Brighton Beach House

This five-bedroom property in Brighton boasts stunning beach views, providing a serene atmosphere for those who want to live near the sea. This three-storey house features a modern touch, floating stairs, open-plan living, and an outdoor pool and spa.

5. Clifton Hill Warehouse

Converted in 2000, the Clifton Hill Warehouse offers modern functionality with stunning industrial design. The warehouse features a spacious living area, high ceilings, and a sizeable kitchen. This hidden gem also boasts a rooftop terrace and ample natural light.

6. Malvern East Mansion

Spanning across four levels, the Malvern East Mansion offers luxurious living in a private tranquil setting. The house features a formal entrance foyer, six bedrooms, seven bathrooms, a gym, and sauna. The outdoor area is perfect for year-round entertainment, complete with a pool and built-in barbecue facilities.

7. Camberwell House

This exceptional six-bedroom house in Camberwell provides an opportunity to own a drop-dead gorgeous Victorian property, with modern amenities. Upon entering, the property offers high ceilings, leadlight windows, and open-plan living. The property also boasts a large outdoor area and a heated swimming pool.

8. Hawthorn East House

Located in the heart of Hawthorn East, this five-bedroom house offers modern-day luxurious living. The house features a spacious open-plan living, two studies, and a temperature-controlled wine room. The outdoor area is perfect for entertaining with built-in barbecue facilities, a fireplace, and a pool.

9. Alphington House

This delightful five-bedroom house in Alphington boasts stunning city views, providing a serene atmosphere. The house features a modern design, four living areas, a home theatre, and a gym. The outdoor area is perfect for year-round entertainment, complete with a pool, spa, and deck.

10. Toorak Apartment

This luxury apartment in Toorak is set in stunning gardens and has excellent street appeal. The apartment features high ceilings, an open-plan living area, two bedrooms, and marble bathrooms. The apartment also has a sizeable outdoor area, which is perfect for entertaining.

Suburban Living Vs. Upscale Areas: Melbourne’s Housing Market Explained

When it comes to Melbourne’s real estate market, the housing market can be divided into two broad categories: suburban living and upscale areas. Suburban living comprises of homes that are typically situated in the outer-lying areas of Melbourne and apart from having fewer amenities compared to upscale areas, are more affordable. Upscale areas, on the other hand, are in the inner city and come with a high price tag. Upscale areas offer a trendy and futuristic lifestyle complete with beach views, pools, spas, and an array of restaurants and shops.

Toorak is one of Melbourne’s upscale areas and is one of the most expensive suburbs to buy. A Toorak house costs an average of $3 million, and this price range is growing year by year. The area boasts extensive greenery, excellent restaurants, an array of boutique shops, and close proximity to the city.

Suburban areas such as Balwyn and Camberwell offer a taste of luxury in a more affordable price bracket. These suburbs boast Amenities such as excellent schools, local parks, and tranquil living.

Tips on Finding Your Dream Home in Melbourne

If you’re looking for your dream home in Melbourne, there are several things that you need to consider to make the home-buying journey smoother. One of the first things that you need to do is set a realistic budget. Homes in Melbourne come in different price ranges, and having a budget in mind when looking for a home can save time and effort.

Another essential factor to consider is the location of the home. Location plays a vital role in the price of the property. Houses that are near amenities and restaurants tend to be more expensive than those situated in a neighbourhood that lacks these amenities.

It’s also important to know which features you’re looking for in a house. This might include the number of bedrooms and bathrooms, an open-plan living area, a backyard for entertaining, or extra amenities like a pool or a home theatre. Having a clear understanding of what you’re looking for can save time and money during the search process.

FAQs About Buying Houses in Melbourne

Q: Is it a good time to buy a house in Melbourne?

A: According to recent trends in the real estate market, it’s a good time to buy a house in Melbourne. Interest rates are currently at an all-time low, and the market is experiencing an oversupply of properties. The low-interest rates significantly impact affordability, and if you have a decent deposit saved, now might be the perfect time to buy.

Q: What is the average cost of a house in Melbourne?

A: Melbourne’s real estate market features homes in different price ranges. The median price of a Melbourne house is $950,000, while the median apartment price is $575,000.

Q: Where’s the best place to buy a house in Melbourne?

A: Melbourne is home to many desirable neighbourhoods, making determining the best place to buy a house a little tricky. Generally, it’s recommended to consider factors such as proximity to the CBD, access to amenities, and the level of demand, which often affect house prices.

Q: What are the steps involved in buying a house in Melbourne?

A: The purchase of a home in Melbourne involves several steps. The first step is finding a suitable property, after which you can engage a real estate agent or make an offer directly to the seller. Once your offer is accepted, legal and financial due diligence can occur, with settlement negotiated to include a final sale agreement.

Q: What are the costs involved in buying a house in Melbourne?

When buying a house in Melbourne, there are various costs involved. These include legal fees, government fees such as stamp duty, building and pest inspections, and property valuations. For more information on these costs, check out our Guide to Buying a House in Melbourne.


Melbourne’s real estate market has something for everyone, from houses in suburban neighbourhoods to upscale areas. Finding your dream home is all about setting a realistic budget, understanding your needs, and locating your desirable location. If you’re considering buying a house in Melbourne, we recommend engaging with real estate agents who can best guide you through the process.

Finally, don’t forget to do your homework, research extensively, and enjoy the journey. Buying a home can be a significant milestone and one of the most exciting experiences, and with proper research and guidance, it can become an investment in your future.

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