Powered by MOMENTUM MEDIA
research
1 minute read

Prestigious suburbs revealed

Prestigious suburbs revealed

by webmaster | March 30, 2011 | 1 minute read

The Australian suburbs with the highest number of sales in excess of $1 million have been revealed by PRDnationwide.

by webmaster
March 30, 2011

The New South Wales suburb of Mosman topped the list – recording a total of 192 sales in excess of the $1 million mark.

PRDnationwide research director Aaron Maskery said Mosman remains one of Australia’s most prestigious suburbs, with 11 houses in Raglan Street and Cabramatta Road selling for $1 million-plus between April and September 2010.

“Overall, $461 million of premium housing changed hands in Mosman during that period,” Mr Maskery said.

The suburb of Melbourne suburb of BrightonBrighton, SA Brighton, VIC Brighton, TAS Brighton, QLD came in second with 127 sales over $1 million, followed by Double Bay in Sydney, which recorded 50 sales.

Advertisement
Advertisement

“The multi-million market is very attractive in Brighton and remains Victoria’s highest spend suburb with just over $283 million in premium property changing hands.”

Prestigious suburbs revealed
default
spi logo
share the article

Subscribe to get the latest news and updates - join a community of over 80,000 property investors.

Check this box to receive podcast updates

From the web

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.