Stonnington

Location: Borders Melbourne's CBD to the south-east.

Population: over 86,000.

Suburbs: South Yarra, Prahran, Windsor, Toorak, Armadale, Kooyong, Glen Iris, Malvern and Malvern East.

Postcode Range: 3141-8, 3181.

City of Stonnington has the world-class Chapel Street, Prahran that sports high fashion shops, fine dining and nightlife, and is the centre of Melbourne's largest gay community.The City's recreation and cultural centre, Chapel Off Chapel, provides the area with a dynamic arts, recreation and tourism focus. Public transport is excellent with frequent train and tram services. A high level of employment is in retail, hospitality and property and business services. Houses and units are equally common. House prices are extremely expensive, with some well-known mansions.Units are about half the price, around $345,000. There are many real estates in Toorak Road, South Yarra, for you to search through their lists.

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