Melbourne's 17 cheapest one bedder suburbs: REIV

Melbourne's 17 cheapest one bedder suburbs: REIV
Staff ReporterDecember 7, 2020

The Real Estate Institute of Victoria March 2015 research pinpointed 17 suburbs where one bedroom apartments can be bought for under $300,000.

Box Hill comes with a median of $299,500.

Wendouree was the cheapest, with a median asking price of $130,000.

SuburbMedian Price   
Box Hill$299,500   
Carnegie$295,000   
Ascot Vale$294,500   
Moonee Ponds$293,000   
Murrumbeena$292,500   
Thornbury$292,000   
Brunswick East$290,000   
Reservoir$287,000   
Lilydale$285,500   
Bundoora$270,000   
Kingsville$264,050   
Carlton$207,000   
West Footscray$200,000   
Frankston$192,000   
Sunshine$175,000   
Albion$165,000   
Wendouree$130,000

Source: REIV

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