What are the cheapest suburbs in Melbourne?

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 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 cheapest suburb in Australia?

The country’s top 10

Brewarrina in New South Wales takes the title of Australia’s cheapest suburb, with a median house price of just $35,000.

What is the most liveable 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.
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What is the poorest suburb in Melbourne?

Burren Junction and Drildool are listed as the poorest suburbs according to the ATO, with the figures showing zero income. In fact, Aussies in the area lost $10,000 in income on average over the year.

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

What is the fastest growing suburb in Melbourne?

Pakenham located 54kms south-east of the CBD, has been one of the fastest-growing suburbs in Melbourne over the last 20 years. As a result of this popular suburb being built out, demand is now increasing for the new neighbouring suburb of Pakenham East.

Which city in Australia has the cheapest houses?

For the first time in 28 years, Perth has emerged as the most affordable city in the country to buy a house, a new report has revealed.

Where is it cheaper to live in Australia?

Despite a recent boom in property prices, Hobart still remains the cheapest city to live in Australia. Houses in the Tasmanian capital are roughly 25% cheaper than the national average – at about $444,500 AUD ($315,000 USD) – making it much more affordable than cities like Sydney or Melbourne.

Where is the most affordable place to live in Australia?

Where is the Cheapest and Safest Place to Live in Australia?

  • Gold Coast. If you are looking for a more affordable place to buckle up and study while enjoying beautiful beaches and a vibrant nightlife, Gold Coast is a great option. …
  • Hobart. …
  • Wollongong. …
  • Adelaide. …
  • Brisbane. …
  • Canberra. …
  • Melbourne.
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Where should I live in Melbourne?

These are Melbourne’s best lifestyle suburbs:

  1. St Kilda West. …
  2. Albert Park. …
  3. Port Melbourne. …
  4. Seaholme. …
  5. St Kilda. …
  6. Spotswood. …
  7. Williamstown. …
  8. South Melbourne.

What are the richest suburbs in Melbourne?

Hawthorn East, Albert Park, Glen Iris and Camberwell all jumped into Melbourne’s top 10 most expensive suburbs in the past three months, according to new quarterly sales price data from the Real Estate Institute of Victoria (REIV).

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.