When it comes to rental prices in Melbourne, suburbs with the highest median property values tend to command the highest rents. If you love your trams, your Keep Cup and your footy club (and money is no issue), check out the five most expensive suburbs within 10km of Melbourne’s CBD below.Sometimes maligned as being a little ‘soulless’, given it’s a newer community that was created from almost nothing, the Docklands precinct is now finding its feet, as well as an audience with renters.With a heavy focus on apartments, rooms in Docklands have the rare quality of being both on the water and in the city, with a level of convenience that’s hard to match anywhere else in town.Southern Cross Station is your gateway to the rest of Melbourne and greater Victoria, while the CBD, entertainment and retail including DFO South Wharf, are all on the doorstep.At $350 on average for a room per week, it’s significantly more expensive than any other Melbourne suburb, but if you’re an apartment lover who puts convenience above all else, it’s the place for you.Skip across Spencer Street from Docklands and you’ll find yourself in the hustle and bustle of Melbourne’s CBD, which ranks as the city’s second most expensive location to rent a room.As expected, apartments dominate the CBD, but for the ease of being able to walk to work or uni, it’s a lifestyle that many renters are happy to live with.A lack of parking in the CBD means you’ll likely want to ditch the car, but as a trade-off you’ll have Chinatown, theatres, hundreds of bars, restaurants and easy public transport in your backyard.You’ll also find yourself spoiled for choice, with hundreds of rooms constantly available at any given time on our site. See Mention “Melbourne” to anyone and the first image that enters their head will most likely be the view from the banks of the Yarra River; trees lining the bridges in the background, skyscrapers silhouetted against the sunset and bars and restaurants overlooking the water.Welcome to Southbank, where a world-famous promenade takes centre stage, along with Crown Casino and the city’s Arts Centre precinct.High-rises make up the vast majority of rooms on offer in this pocket south of city, which offers all of the convenience of the CBD but with an average extra $10 a week in your pocket.Also convenient is the M1 Freeway for those with cars, while Flinders Street Station is just across the water.It’s not hard to see why rooms in South Melbourne attract similar premiums to suburbs in and around the CBD.Shifting only slightly further out gives you access to standalone houses, including the sought-after period homes that are a signature to the streets of South Melbourne.There are plenty of trams that take your straight to the CBD, while the famous South Melbourne Market remains one of the area’s biggest draw cards. Towers Road TOORAK 4. … His plan is to knock down all four properties, 13, 13a, 15 and 15a Coolong Road, to build a waterfront mega-mansionThe properties were bought for just under a total of $80 million, with the total land making up 4270 square metresThe three storey Rose Bay property, set on 1,286 square metres, was sold for $16.85 millionThe property has five bedrooms and bathrooms, but it's biggest drawcard is the panoramic view of Sydney Harbour, the Opera House and Harbour BridgeAnadara penthouse in Barangaroo, which sold for $12.5 million in June, has views overlooking Sydney HarbourIt also features a top range kitchen and laundry appliances, as well as stunning modern interiors and four large bedroom suitesThe Altona mansion, in Point Piper, was bought for more than $60 million by the Huang family, based in Hunters HillThe property has eight-bedrooms, a guest house, lap pool and a private jetty to the harbourNo comments have so far been submitted.
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