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World's Most Expensive Shopping Streets

  By KYMBERLEE FERNANDES   Jul 23rd 2012 at 6:00AM Lifestyle RATED

Melbourne: Regarded as one of the most desirable places to live, Stonnington in Melbourne is very popular for its high-end shopping and exquisite dining. The Chapel Street shopping district in Prahran in Stonnington is often called the 'longest catwalk in the Southern Hemisphere', with Chanel and Ralph Lauren among the other luxury fashion stores. Here the rent is $837 sq ft per annum.

Image via Wikimedia Commons

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