Urbis’ new interactive map, created by senior GIS analyst Nathaniel Jeffrey, reveals the expansion of Melbourne’s million-dollar property market, as well as pockets of potential growth.
There’s no doubt that the million is now mainstream. The city’s median house price has reached $720,000 and the map reveals the spread of million dollar properties taking over most of the east.
Melbourne’s Million Dollar Map shows areas where there have been more than 3 $1M+ house sales within 1km, as at the year shown. View it full screen here.