Mont Albert Road, Canterbury, VIC 3126

Mont Albert Road has to be considered one of the most beautiful streets within Melbourne. Starting from Elgar Road at Box Hill, the street bypasses through both the slightly more well do suburbs of Mont Albert & Surrey Hills, (Balwyn is somwhere in between).

Once you arrive at Balwyn Road, the atmosphere, dwellings and streetscape changes right through to Burke Road. Welcome to one of Melbourne's epicentre of power and wealth in the heartland of Canterbury- 3126.

This section of Mont Albert Road is considered to be one of the most prestigious residential enclaves in Melbourne. Real estate agents refer this part of Mont Albert Road west from Balwyn Road to Burke Road as the "Golden MIle". So called due to the sheer scale of the mansions that are perfectly juxtaposed opposite one another encapsulated with a terrific canopy of leafy dense foliage of trees. This is wealth territory, albeit for the very discreet whom would rather avoid the hustle and bustle of both Brighton & Toorak.
As you drive or walk along Mont Albert Road, you will pass two of Canterbury's most exclusive residential addresses: Monomeath & Victoria Avenues. Be sure to take a drive or walk down both streets- they are both beautiful and sentimental.

Price ranges varies but a good starting point would be around $2.5 million. Generally, mansions along this impressive street on average range between $4-6 million. The highest price paid was in April 2013 for No. 129 for $7.5 million. Prospective buyers might need to wait until Oz Lotto or Powerball fetches $30-50 million!

Recently, five or seven mansions have sold to local and overseas Chinese buyers.

In spite of its exclusivity, Mont Albert Road offers good value for wealthy local and overseas house hunters. Compared to both Brighton & Toorak where prospective buyers need to pay twice sometimes three times for a mansion complete with swimming pool & tennis court, Canterbury provides a slightly more reasonable value- especially Monomeath Avenue, Mont Albert Road & Victoria Avenue- provided one has deep pockets!

Mont Albert road in Canterbury (the stretch from Burke Road to Balwyn Road) is one of the prettiest streets around. Huge trees on both sides of the road form a canopy that covers the entire road which makes for a beautiful setting. Homes in the street range from older early 1900's to more modern French designs. This is in part due to the recent increase in house prices which has seen many being renovated to their former glory. Camberwell Grammar schools is halfway down, and a new school Edminston has just opened. Given the schools, it is very busy around 3-4pm.

In the mornings traffic can be banked all the way up as people try and get onto Burke Road and head to the city.

A beautiful street with homes starting around $2 million, up to about $10 million (White mansion on the Frognall Estate) would be worth more!

All in all, a top street but the traffic would drive me crazy!