23 Haverbrack Drive, Mulgrave is listed for sale with a $850,000-$930,000 price guide.
Melbourne has more homes listed for sale than any other capital city due a rise in distressed sales and investors fleeing the market.
New data from SQM Research revealed there were 45,372 homes on the market in the Victorian capital in the month of November, more than any of the nation’s major hubs.
Sydney, Brisbane and Adelaide followed, with 36,931, 19,059 and 9,586 residences up for grabs for prospective homebuyers, respectively.
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Australia-wide, property listings increased by 20,721 listed homes last month, or 7.6 per cent, to bring a total number of homes on the market right now to 272,645.
Canberra (23.3 per cent), Sydney (17.6 per cent) and Melbourne (16.8 per cent) experienced the biggest increases in available housing supply in the 12 months to November.
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