PHOTO: Brunswick is now one of Melbourne’s most sought-after northern suburbs.
The latest data from the Real Estate Institute of Victoria found 90 per cent of suburbs within 10 kilometres of the CBD and almost half of suburbs in the middle ring — between 10 and 20km — are now in the million-dollar club.
Percentage of $1m suburbs
| 2017 | 2007 | |
|---|---|---|
| Inner ring | 90 per cent | 16 per cent |
| Middle ring | 48 per cent | 2 per cent |
| Outer ring | 13 per cent | 1 per cent |
Source: REIV
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