Investing in luxury real estate remains a compelling long-term strategy, especially in Melbourne's high-end market. Inner suburbs in Stonnington, Boroondara, and Port Phillip are seeing steady demand for properties over $3 million. According to recent CoreLogic data, properties in these areas have shown a 5% year-on-year growth, with some elite suburbs like Toorak and Brighton seeing even higher gains of 6-8%. Sales of homes over $5 million have increased by 12% in the past year, driven by local buyers and returning international investors.
Marshall White director Nicholas Brooks offers valuable insight into what makes these properties so special:
"We are fortunate to work in markets that are home to some of the world's best architects, builders, developers, and landscape gardeners. Discerning buyers in these markets keenly recognise the immense value these collaborators bring. Their expertise not only elevates newly constructed homes but also defines properties with an enduring appeal that residents cherish for generations to come."
This collaboration of world-class talent contributes significantly to the scarcity and ongoing appeal of luxury real estate. Bespoke high-end homes in prestigious locations offer both financial returns and lifestyle benefits, making them attractive for personal use and investment.
Melbourne's ongoing infrastructure projects are adding further value to nearby premium suburbs. Enhanced connectivity and improved local amenities continue to uplift property values, ensuring long-term capital growth and investor confidence.
At Marshall White, our expert agents can help you navigate Melbourne's luxury market and secure premium investments aligned with your financial goals. Contact us to explore Melbourne's finest real estate opportunities.
