Real estate market highlights in inner Melbourne and Sydney's eastern suburbs

Walkability, world-class dining, cafes, markets, access to nature, waterside living, festivals, and vibrant nightlife – Melbourne’s inner-city suburbs offer plenty to enjoy.

From South Yarra and St Kilda, to Carlton North and Richmond, here are five of the best homes for sale now in inner Melbourne.

From the backyard of this inner-city home, you’d never know you’re only around the corner from Rathdowne Village’s restaurants, cafes and wine bars.

The deep backyard is filled with established greenery, creating an oasis you can enjoy from the pergola-covered deck that overlooks it and from the self-contained studio with a kitchenette at the rear.

The main residence makes the most of the surroundings with its large, double-glazed windows, high ceilings and double doors that connect the open-plan living and dining to the pergola.

Other highlights include the kitchen designed by Golden and a wine cellar.

This solid brick Victorian home is located on one of South Yarra’s most revered streets and within walking distance of Vogue Shopping Centre, Como Centre and Cinemas, Toorak Road, South Yarra’s boutiques, Yarra River trails and South Yarra station.

Renovated, the home honours its past with soaring high ceilings and sash windows, while updates such as an open-plan living area, hydronic heating and a primary bedroom with dual-zoned walk-in robes cater to contemporary living.

Outside, landscaped gardens, a pool and a poolside terrace provide outdoor living space.

A landmark in St Kilda’s architectural history, the largest of the three remaining homes that comprised Lansdowne Terrace has hit the market.

Built circa 1857, the tri-level residence has been renovated while retaining much of its period grandeur, evident in its large proportions, high ceilings, engineered oak floors, an arched hallway, elegant formal living and dining rooms, and marble open fireplaces.

Outside, the wisteria-wrapped colonnaded walkway leads to the wraparound verandah, setting the tone for what’s inside.

The property has five bedrooms, with one opening onto a roof terrace with city views.

This renovated Federation home sits on the city’s edge, close to the Yarra River, Burnley Park, and a range of schools.

Behind the timeless façade, you will find an interior with quality finishes and natural light, designed for family living and entertaining.

There are five bedrooms, with the option for a sixth, plus an entertainer’s kitchen with soft-close drawers, V-Zug appliances, a steam oven, a Qasair rangehood, and a Billi tap, plus secured gate access and carport parking for two cars.

Other features include Velux skylights throughout, electric blinds in the bedrooms, a battery-ready solar panel array, hydronic heating, and split-system heating and cooling throughout.

Outside, there is a solar- and gas-heated swimming pool.

This dual-level c1890 Victorian has been renovated to give it a contemporary style.

Original features, including the facade, wide arched hallway and hardwood floor, remain, while a designer kitchen with integrated appliances showcases the modern updates.

Highlights include Venetian plaster walls that extend through the living area to full-height stacked sliders, opening to the private decked courtyard with a built-in barbecue and established greenery.

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