What is the most affordable suburb in Melbourne?

What is the most affordable suburb in Melbourne?

Melton
Melton is the cheapest suburb in Melbourne with a median house price of $410,000 and tops the list as the most affordable suburb in Melbourne, followed by Melton South ($441,000), Cobblebank ($545,000) and Kurunjang ($445,000).

What is the cheapest suburb in Victoria?

Rainbow is Victoria’s cheapest spot for housing. A two-pub town with a “romantic” name 400km northwest of Melbourne is the cheapest place to buy a house in Victoria. A typical house in Rainbow is worth a touch above $81,000, according to property data firm CoreLogic.

What are the best suburbs to buy in Melbourne?

If you’re looking to invest, here are 10 suburbs to watch in Melbourne.

  • Glen Waverley. The residential suburb of Glen Waverley continues to be a popular investment suburb thanks to its strong education opportunities.
  • Elsternwick.
  • Brunswick East.
  • West Footscray.
  • Geelong.
  • Mordialloc.
  • Mornington Peninsula.
  • Box Hill.

What are the top 10 suburbs in Melbourne?

FITZROY.

  • CARLTON 9.8, 8.1, 9.8, 9.4, 8.8, 9.8, 9.8.
  • EAST MELBOURNE 9.8, 9.4, 9.5, 6.1, 9.7, 9.4, 9.6.
  • FITZROY NORTH 9.8, 8.4, 9.0, 9.6, 9.1, 9.6, 9.4.
  • NORTH MELBOURNE 9.7, 7.6, 9.6, 9.2, 9.3, 9.0, 9.4.
  • PRINCES HILL 9.6, 8.8, 8.0, 9.5, 8.0, 8.7, 9.4.
  • COLLINGWOOD 9.6, 7.4, 9.4, 7.4, 9.4, 9.3, 9.8.
  • What are the bad areas of Melbourne?

    Top 10 riskiest suburbs 2020

    Rank Postcode Suburb/Town
    1 3335 Bonnie Brook, Grangefields, Plumpton, Rockbank, Thornhill Park
    2 3840 Driffield, Hazelwood, Hazelwood North, Hazelwood South, Jeeralang, Jeeralang Junction, Maryvale, Morwell
    3 3019 Braybrook
    4 3214 Corio, Norlane, North Shore

    What is the safest suburb in Melbourne?

    Melbourne’s safest suburbs are…

    Ranking Melbourne’s safest suburbs
    1 Oaklands Junction/ Yuroke
    2 Melbourne Airport
    3 Wattle Glen
    4 Kangaroo Ground & South

    Is Albion a good suburb?

    A residential area and small suburb based 13km west of Melbourne’s city centre, Albion is a well known suburb with a population of less than 4000. This location is best suited to families and professionals working in the CBD as a local train station and bus services make the commute easy.

    Is Dallas in Broadmeadows?

    Dallas, a residential suburb in the northern part of Broadmeadows, is 17 km north of central Melbourne. It was named after the Victorian Governor, Sir Dallas Brooks, who held office from 1949 to 1963. The former Upfield primary and high school sites are in Dallas. …

    What is the most livable suburb in Melbourne?

    Melbourne’s top 20 most liveable suburbs

    • South Yarra.
    • Burwood.
    • Eltham.
    • Rowville.
    • Fitzroy North.
    • Malvern.
    • Glen Waverley.
    • Camberwell.

    Where should I avoid in Melbourne?

    Melbourne: Top Places To Avoid

    • Lygon Street, Carlton. Lygon Street, long hailed as the foodie haven of Melbourne, is one of the most overhyped and overrated places in Melbourne.
    • Bridge Road, Richmond.
    • St Kilda on a Sunday.
    • King Street, Melbourne CBD.

    Where should you not live in Victoria?

    The most dangerous areas in Victoria is based on data from the local law enforcement agency and when not available, also includes estimates based on demographic data.

    • North Park. Population 3,405.
    • Douglas Corridor. Population 1,635.
    • Rock Bay. Population 747.
    • Port Renfrew.
    • Burnside Gorge.
    • Sheringham Point.
    • Oldtown.
    • Chinatown.

    What is the cheapest suburb in Melbourne to live in?

    “Melton is the cheapest suburb in Melbourne with a median house price of $389,190 – the only postcode in the city where you can buy a house for under $400k” If you are on the market for an affordable unit or apartment, then these are the top 5 Melbourne suburbs to look out for based on median prices:

    Where is Melbourne’s cheapest house market within 10km of the CBD?

    23 Lindenow St recently sold for $818,000 in Maidstone. A western suburb often overlooked for its better-known neighbours has been revealed as Melbourne’s cheapest house market within 10km of the CBD.

    Where are Melbourne’s cheapest student apartments?

    For apartments within 10 kilometres of the city, student hot spot Carlton, with a median unit price of $380,000, was by far the cheapest. Footscray, with a unit median of $390,000, and West Footscray’s $445,000 were the next best.

    Which Melbourne suburbs offer the best bang for your buck?

    The data showed that suburbs in Melbourne’s west and north offer buyers the biggest bang for their buck. In the western suburbs, leafy Maidstone, with a median house price of $723,500, offers buyers the most affordable option within 10 kilometres of the CBD.

    Begin typing your search term above and press enter to search. Press ESC to cancel.

    Back To Top