Melbourne is Victoria’s most famous city and Australia’s second-most populous city. Hundreds of thousands of people travel to the capital city every year searching for better employment opportunities, education, and health care. So, if you are also moving to this area, you are making the right decision. However, keep in mind that it is an expensive location.
If you hire professionals to help you move, go with cheap Melbourne movers and a low-cost suburb. Many people also move within Melbourne, from the city to the suburbs, to save money and live a better lifestyle. If you are interested in learning more, here’s a list of Melbourne’s most affordable areas. Let’s have a look at it!
1) Melton
Melton is one of Melbourne’s cheapest suburbs. It is 35 kilometers from Melbourne’s Central Business District and is quickly growing, and this is why so many families flock to this location. Melton has a population of more than 8500 people, with 64.80% of families having children.
Families want to reside here because of the slower pace of life and the opportunity to remain close enough to go to work in the city. Melton has a low median house price of $410k, with units selling for around $310k. It’s also a great spot to rent, considering the house’s median rent is $320 per week. So, if you are thinking of moving here with your family, this is a fantastic option.
2) Craigieburn
Craigieburn is another beautiful spot to move and settle with the family. It is approximately 26 kilometers from Melbourne’s CBD, is rapidly developing, and is reasonably priced. As a result, with each passing day, an increasing number of people are moving. It currently has a population of over 50,000 people.
This area will not disappoint you whether you are buying your first house, seeking a cheap rental property, or looking for a decent investment without breaking the bank. Craigieburn has a median house price of $536k and a unit price of $370k. If you are looking for a lease, a house will cost you roughly $410 per week, and a unit would cost you $455 per week.
It was once a peaceful neighborhood, but today it is a busy and popular destination. To meet the demand of residents, new projects, parks, sports centers, and shopping centers are being built all over the place.
3) Cranbourne
Cranbourne has grown and flourished over the years to be a hub for young families and a destination for families wanting space and on a budget. During the last few decades, this place has changed dramatically. Cranbourne has converted from farmland and scrub to an attractive suburb with a lively commercial center, outstanding schools, and efficient public transportation links. This suburb provides a lot of greenery to its residents, with 34 parks covering over 25.6 percent of the total area.
If you plan to move here, you will most likely find a home within your budget. Houses have a median price of $540k, while units have a median price of $386k. If you want to save money, you can hire inexpensive removalists in Melbourne for a stress-free move and rent rather than buy a home. The home rent is $360 per week, and the unit rent is $330 per week.
4) Werribee
Werribee is another beautiful suburb that is ideal for families to settle down in. It is not only cheap, but it also includes all of the necessary amenities. That is why this place has about 40,500 people, with 67 percent of households having children. The median house price in the area is $510,000, while the median unit price is $373,000. Renting a property within your budget is also possible, as the weekly rent for the house is $365 and $320 for the unit.
In case you didn’t know, Werribee offers a variety of fun things to do and see. This location has everything, from a winery and zoo to a beach and plenty of parklands. It also has a large shopping mall and several good private and public schools.
5) Hoppers Crossing
Hoppers Crossing is a popular Melbourne suburb that is both attractive and affordable. It has a population of roughly 39,000 people and is located near Werribee. It is regarded as a great location for settling down with children, and over 70% of families have children. Hoppers Crossing’s surroundings are very similar to Werribee; thus, you can expect a comparable price in this area.
The median house price in the area is $530,000, while the median unit price is 410,000 dollars. If you are looking for a place to rent, the house will set you back $365 per week, and the unit will set you back $320. Spend some time researching this location before moving. Hiring skilled Melbourne removalists will save you time and ensure that the move is completed in an organized manner.
6) Officer
It is one of Melbourne’s fastest-growing suburbs, and it has become a popular choice for both investors and homeowners. The cost is affordable because it is only 47 kilometers from Melbourne’s central business district. However, it gives all necessary amenities to its people. Officer has some good schools, modern commercial malls, and a train station nearby.
Many people prefer to move to this area. This place has about 7,000 people, with more than 66 percent of families having children. So, if you are on a tight budget and want a solid alternative at a reasonable price, consider buying or renting a property in Officer. The median house price in this area is $565k, while the median unit price is $430k. If you want to rent, the home will cost $400 per week, and the unit would cost $360.
7) Dallas
Dallas is a lovely Melbourne suburb that is well-regarded as a beautiful place to call home. When you consider the suburb’s location, you will see that it’s far more reasonable than the price suggests. It’s only 16 kilometers from Melbourne’s Central Business District, and it’s close to the Hume Highway, Melbourne Tullamarine, and Upfield stations. The median house price in Dallas is $460k, making it one of Melbourne’s cheapest suburbs.
Many young people and families are drawn to the location because of the low cost, saving money while remaining close to work. With the help of experienced removalists in Melbourne, you can also move to this location with comfort.
8) Kurunjang
Kurunjang is a popular choice for families looking for a good quality of life at a reasonable price. Kurunjang is home to more than 10,000 people, with 68 percent of families living with their children. People can balance work and a stress-free lifestyle because it is 36 kilometers from Melbourne CBD.
Kurunjang’s median house price is a mere $420k, and if you want to rent, you will only have to pay $340 per week. It includes a variety of shopping opportunities as well as all of the necessities.
9) Millgrove
Millgrove is a tiny and lovely Melbourne suburb that attracts those who want to enjoy a relaxed lifestyle while remaining near to nature. There are 13 parks in this suburb, which account for around 24.6 percent of the total area. As a result, there are not many youngsters here. Millgrove has a population of approximately 2000 individuals, with the majority age group being 50-59 years old.
If you wish to move to this area, ask the help of professional Melbourne removalists. The median house price is $425k, and the median rent is $320. This suburb provides you with security, peaceful surroundings, solitude, and other needed facilities.
10) Tarneit
Tarneit, like Hooper’s Crossing, is close to Werribee and all it has to offer, including the Bay and easy access to the CBD. Here you will find ‘new’ suburbs with modern homes and large lots where housing estates dominate.
Houses rent for $380 per week, while units rent for $345 per week, with median property prices ranging from $580,000 for homes to $455,000 for units.
Finding affordable areas in Melbourne is not difficult, although the affordability barrier varies from person to person. Even though the price of the house is your priority, don’t forget about other important factors like health care, schools, shopping, and commuting distance to work. All of these elements are crucial. Consider the suburbs indicated above if you are looking for a low-cost option in Melbourne.
