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While buying a real estate asset is an expensive proposition everywhere, there are some streets where buying a house means shelling out millions of dollars.
Let's take a look at some of the most expensive streets in the world.
Source: billionaire.com
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Pollock’s Path, The Peak
Country: Hong Kong
Average price per square metre: $120,000
Price change year-on-year: Up 10 per cent
Overall rank in property prices: 1
Pollock’s Path on The Peak in Hong Kong is the most expensive street in the world.
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Kensington Palace Gardens
Country: London, United Kingdom
Average price per square metre: $107,000
Price change year-on-year: Up 2 per cent
Overall rank in property prices: 2
Kensington Palace Gardens in London is the second most expensive area in the world.
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Avenue Princesse Grace
Country: Monaco
Average price per square metre: $86,000
Price change year-on-year: Up 5 per cent
Overall rank in property prices: 3
Avenue Princesse Grace in Monaco is the third most expensive area in the world.
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Boulevard du General de Gaulle
Country: Cap Ferrat, France
Average price per square metre: $79,000
Price change year-on-year: Down 5 per cent
Overall rank in property prices: 4
Boulevard du General de Gaulle in France is the fourth most expensive area in the world.
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Paterson Hill
Country: Singapore
Average price per square metre: $42,500
Price change year-on-year: Up 6.5 per cent
Overall rank in property prices: 5
Paterson Hill in Singapore is the fifth most expensive area in the world.
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Chemin de Ruth
Country: Geneva, Switzerland
Average price per square metre: $37,000
Price change year-on-year: Down 5 per cent
Overall rank in property prices: 6
Chemin de Ruth in Switzerland is the sixth most expensive area in the world.
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Romazzino Hill
Country: Sardinia, Italy
Average price per square metre: $32,900
Price change year-on-year: Stable
Overall rank in property prices: 7
Romazzino Hill in Italy is the seventh most expensive area in the world.
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Ostozhenka
Country: Moscow, Russia
Average price per square metre: $29,000
Price change year-on-year: Up 3.6 per cent
Overall rank in property prices: 8
Ostozhenka in Moscow is the eighth most expensive area in the world.
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Fifth Avenue
Country: New York, United States
Average price per square metre: $28,000
Price change year-on-year: Up 5.4 per cent
Overall rank in property prices: 9
Fifth Avenue in New York is the ninth most expensive area in the world.
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Avenue Montaign
Country: Paris, France
Average price per square metre: $26,000
Price change year-on-year: Minus 3 per cent
Overall rank in property prices: 10
Avenue Montaign in Paris is the 10th most expensive area in the world.