Knowledge

Luxury Living in Melbourne’s Top Suburbs: Where to Build Your Dream Home

27th December 2024

Melbourne is renowned for its world-class lifestyle, vibrant culture, and stunning architecture.

If you're looking to build your dream home, choosing the right suburb is just as important as the design itself. In this guide, we’ll explore the best luxury suburbs Melbourne has to offer and provide insights into finding the perfect location for your knockdown rebuild project.


Choosing the right suburb for your knockdown rebuild project

Selecting the best location for your luxury home involves considering lifestyle factors, property value appreciation, and council regulations. Melbourne offers a range of sought-after suburbs that cater to different lifestyles, whether you prefer a beachfront oasis or the city's amenities and attractions.

Top luxury suburbs in Melbourne to build your dream home

1. Toorak

Toorak is synonymous with prestige, offering grand mansions, tree-lined streets, and proximity to elite schools and high-end shopping.

  • Why build here? Prime real estate, excellent amenities, and strong property value appreciation.

  • Lifestyle perks: Exclusive shopping on Toorak Road, fine dining, and proximity to Melbourne’s CBD.

  • Council considerations: In Toorak, knockdown rebuilds often require council approval due to heritage overlays, neighbourhood character guidelines, tree protections, and planning controls set by the City of Stonnington.

2. Bentleigh

Bentleigh is increasingly attracting families seeking a premium lifestyle, with rising property values reflecting the suburb's growing appeal, echoing the exclusivity of established areas like Toorak.

  • Why build here? Great schools, a vibrant local community, and proximity to both the city and the beach.

  • Lifestyle perks: Centre Road shopping, cafes, and parks.

  • Council considerations: Neighbourhood Character Overlays, Special Building Overlays for flood-prone areas, Tree Protection Zones, and heritage overlays in select streets.

Discover the possibilities for your dream home. Visit our show homes in Bentleigh. The Patterson for inspiring designs and expert advice.


3. Brighton

For those who love coastal luxury, Brighton is an excellent choice. This suburb features stunning waterfront homes and easy access to top-tier schools and cafes.

  • Why build here? Waterfront views, a relaxed atmosphere, and family-friendly amenities.

  • Lifestyle perks: Brighton Beach, Church Street shopping precinct, and yacht clubs.

  • Council considerations: Bayside locations have unique regulations that impact the setback of upper level of double-storey homes, especially in heritage precincts and near the foreshore.

4. Essendon

Essendon is a popular choice for families seeking luxury homes and a strong sense of community, offering a desirable lifestyle in Melbourne's inner north-west.

  • Why build here? Expansive blocks, high-end schools, and a relaxed yet prestigious atmosphere.

  • Lifestyle perks: Easy access to the city, DFO Essendon, and beautiful parklands.

  • Council considerations: Essendon generally presents fewer challenges than other established suburbs when it comes to obtaining construction permits.

See the exceptional design and quality of a Marque home for yourself – visit our Essendon show home “The Buckley”.


6. Kew

Kew is a highly sought-after suburb offering spacious properties, lush greenery, and proximity to elite schools.

  • Why Build Here? Expansive land sizes, a peaceful environment, and a strong family-oriented community.

  • Lifestyle Perks: Access to Yarra River parklands, top private schools, and gourmet cafes.

  • Council Considerations: Heritage overlays may apply in certain areas.

7. Lilydale

Lilydale's appeal lies in its ability to provide a tranquil, semi-rural atmosphere without sacrificing convenient connections to the city.

  • Why build here? Larger land areas, scenic surroundings, and a growing luxury home market.

  • Lifestyle perks: Wineries, nature reserves, and excellent schools.

  • Council considerations: While local planning regulations may impact large-scale developments, Lilydale generally faces fewer permit restrictions than many Melbourne suburbs – offering greater flexibility for new builds and unique opportunities through major land developments like Kinley, which sets it apart from other locations.

Inspired by the natural beauty and relaxed lifestyle? Explore the possibilities for your own dream home at our stunning Lilydale show homes.


8. Malvern

Malvern provides a mix of period homes and contemporary designs, making it ideal for those who appreciate both heritage and modern architecture.

  • Why build here? A blend of classic and modern homes with excellent local amenities.

  • Lifestyle perks: Malvern Central, beautiful parks, and proximity to Monash Freeway.

  • Council considerations: Some areas have heritage conservation restrictions.


Where to build a luxury home in Melbourne: Key considerations

When selecting a suburb for your luxury home, consider the following:

  • Future growth: Research suburb development plans and property value trends.

  • Council regulations: Each suburb has different zoning and building restrictions.

  • Lifestyle needs: Choose a suburb that aligns with your lifestyle preferences, whether it’s city convenience, beachside relaxation, or family-friendly amenities.

Get Started on your knockdown rebuild in Melbourne’s luxury suburbs

With the help of experienced builders, you can transform an outdated property into a stunning, custom-built home in one of Melbourne’s top suburbs.

If you’re considering a knockdown rebuild suburbs Melbourne project, our expert team can guide you through the process. Contact Marque today to discover more luxurious suburbs.

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