Monomeath Ave, Canterbury, VIC 3126

No residential street within Melbourne- barring St Georges Road in Toorak, Kooyongkoot Road in Hawthorn or Mont Albert Road in Canterbury- can rival Monomeath Avenue.

A drive, let alone a walk, down this street surely is only the stuff mere mortals can dream of....

Perfectly juxtaposed in between the "Golden MIle" of Mont Albert Road and gently winding down with a slight kink in-between towards Canterbury Road, Monomeath Avenue has long been regarded as one of Melbourne's most exclusive and finest residential addresses.

It is one of the most expensive places to live in Melbourne. Good quality homes start around $5 million. Top of the range mansions complete with a swimming pool & tennis court can fetch upwards of $10 million.

A number of successful individuals are currently or have previously resided within the street. They include: Australian of the Year, distinguished medical researcher and Nobel Laureate for Immunology, the late Sir Frank McFarlane Burnet, Liberal MP Andrew Peacock, former state Liberal MP the late Sir Rupert Hamer and currently Kylie and Danni Minogue's parents.

It is VERY popular with Chinese buyers, both within Australia and offshore (subject to FIRB approval). In 2008, the former Hamer estate sold to a Chinese property developer for a then record of $8.65 million. In 2014, No. 19 sold for $9.226 million. Both records have since been surpassed with No. 12 & No. 37 selling for $12 million each in 2015.

For anyone wishing to catapault themselves into one of Melbourne's finest residential tree-lined avenues, well, it might be best to wait until another potential Oz Lotto or Powerball jackpot of at least $40-50 million+.....oh how close it was.....

Monomeath Avenue is considered to be one of the best (if not the best) streets in all of Victoria. It's one of the most expensive streets, with mansions that are only rivaled by Toorak, Templestowe and Brighton.

The main attraction of Monomeath Avenue is that it ticks all the location boxes. Close to schools such as Xavier College and Trinity College, close to shopping on Burke Road and very close to public transport on Burke Road as well.

Another great aspect is that it's quite secluded. It's just far away enough from Burke Road, yet just close enough to be considered secluded. Drive down the street and you will see how visually appealing the street is as well, with a fantastic tree canopy overhead and wide roads sprawling the length of the street.

Finally, the icing on the top of the cake is having the parents of superstars Kylie and Danny Minogue living your street. That's right, when the Minogue's comes to town, this is where the family gets together.

Most people only dream of living in a street like this...and I don't think you need this review to tell you to live here if you can afford it.

Monomeath is home to some of Melbourne's most expensive homes. Driving down the street you will notice many styles of mansions on typical half acre blocks. The street is also famous for being the home of Kylie Minogues parents and you often see reporters outside.

Only problem I have with the street is the volume of traffic, which is due to people looking at the mansions, or others using it as a cut through between Mont Albert Road and Canterbury Road.

House prices have boomed from around $2-3 million 5 years ago to over $5 million for average 50 square homes.