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The Top 10 Melbourne Neighborhoods to Explore . Living in these affluent suburbs means enjoying leafy streets, excellent recreational facilities, and a strong sense of community—all while watching property values grow over time. Toorak - $5.18m Toorak, one of Melbourne's most exclusive and affluent suburbs, is a long-standing front runner for property prices so it's no surprise to see this suburb at the top of the list yet again.