A new mega suburb in Melbourne’s booming outer north that will house almost 50,000 people and eight new schools has been ...

Property buyers poured over $1 billion into the south-western Melbourne suburb of Point Cook in 2024, as rising interest rates and cost-of-living pressures drove demand for affordable family homes.

On a grid map, East Melbourne is neatly defined as a pocket handkerchief. Bordered by Victoria Parade, Spring Street, Wellington Parade and Hoddle Street, it is a tightly held area.

In a series, The Age profiles Victorian suburbs and towns to reveal how they’ve changed over the decades. See all 48 stories. It was one of Melbourne’s original “suburbs”.

Carlton, close to Melbourne University, is a popular suburb for renters. Source: Google Maps Clayton, home to Monash University, also has international cred. Source: Google Maps ...

All six bayside suburbs had median values of more than $1.3 million, and were within the top quartile of house prices in Melbourne. Unit prices fell the most in Malvern East, down 6.4 per cent.