Prestigious suburbs revealed

By webmaster 30 March 2011 | 1 minute read

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

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.

“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
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