Victoria's cheapest 10 suburbs

Victoria's cheapest 10 suburbs
Victoria's cheapest 10 suburbs

The REIV has released Melbourne's most affordable suburbs according to their median price.

The lowest median comes from Wyndham Vale, 31 kilometres southwest of the Melbourne CBD.

You can get a three bedroom home at 4 Bligh Place (above) in Wyndham Vale, which is available for between $330,000 and $350,000.


Victoria's cheapest 10 suburbs

Cranbourne also have a few offerings for lower than the median price, with a three bedroom home with pool (above) on the market for $330,000.

The REIV’s median reveals Melbourne’s most affordable suburbs

1. Wyndham Vale - $350,000

2. Cranbourne - $366,500

3. Sunbury - $370,000

4. Werribee - $380,000

5. Pakenham - $383,000

6. Hoppers Crossing - $410,000

7. Tarneit - $415,000

8. Craigieburn - $417,000

9. Frankston - $426,000

10. Mernda - $427,000

Tags: 
Median Price Residential Property

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