Melbourne is home to some of the country's most quaint Victorian terraces - here's what you can buy for $1 million.
With Melbourne's median house price hovering around the $830,000 mark, property pundits are saying $2 million is the new $1 million standard in our most sought after leafy suburbs.
Here's what you can buy for $1 million in Melbourne.
A cute cottage
A wide leafy streetscape in one of inner-Melbourne's premier neighbourhoods sets the scene for this semi-detached Victorian terrace.
Filled with natural light, this two-bedroom, one-bathroom cottage features high ornate ceilings, original fireplaces, and timber floors.
A sleek inner-city terrace
Newly renovated, this Victorian terrace has a separate studio, and all the seclusion you could ever want.
European appliances in the immaculate kitchen are perfect for those who love to entertain and the adjoining marble floor living/dining room has double-glazed bifold doors revealing a wonderful north-rear courtyard.
A grand Victorian terrace
Located in the St Nicholas Place Apartments and directly opposite the Royal Exhibition Building, this three-bedroom, two-bathroom residence is the ultimate city base retaining graceful features from origins as part of a grand Victorian terrace.
Magnificent lofty ceilings and the large balcony offers a leafy outlook of nearby Carlton Gardens.
A converted warehouse
Beyond its original factory walls lies this authentic warehouse conversion.
Transformed by Six Degrees Architects from a circa 1900 iron foundry into a luxe inner-city sanctuary.
Set beneath double height ceilings with original oregon trusses, the spacious & flood-lit living area opens through dramatic floor to ceiling glass doors onto an enormous balcony.
There's even a wine cellar, plus windows and doors that were salvaged from the renovation of Melbourne's Capitol Theatre.
It's still up for grabs if you've got a spare $1.4 - $1.6 million.
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