Melbourne's Inner City Real Estate Renaissance: What's Driving the Fever Pitch? Melbourne's inner city suburbs have seen a surge in property sales, with recent auctions exceeding expectations. A $1.
385 million sale in Richmond and a $1. 126 million deal in Brunswick demonstrate the strong demand for these areas. But what's behind this renewed interest?
Is it the allure of renovated Edwardian homes or something more complex? For decades, Melbourne's inner city suburbs have been prized for their proximity to parks, cafes, and cultural institutions.