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Score a Bargain: Victorian-Era Homes for Sale in Melbourne

6 mins read
melbourne houses for sale cheap

Melbourne is known for many things: its coffee scene, stunning architecture, and love for Aussie rules football. But there is one thing in particular that stands out when it comes to Melbourne’s identity, and that is the abundance of Victorian-era homes sprinkled throughout the city. These homes are a nod to a bygone era, and their architecture is truly stunning, with ornate features, high ceilings, and period details that transport you back in time.

If you’re in the market for a new home or are simply a fan of architecture, you’ll be pleased to know that there are plenty of Victorian-era homes for sale in Melbourne. In fact, you can still score a bargain if you know where to look, despite the current state of the housing market.

Why Buy a Victorian-Era Home?

There are plenty of reasons why one might want to buy a Victorian-era home in Melbourne. Firstly, these homes are oozing with character and charm, and are typically much more unique than modern homes. They often feature ornate facades, intricate detailing, and expansive interiors. Additionally, many of these homes are located in prime locations, with great access to the city’s best cafes, restaurants, and attractions.

Types of Victorian-Era Homes

Not all Victorian-era homes are created equal, and there are actually several different types of these homes that you might come across in Melbourne.

Terraces

Terraces are perhaps the most iconic type of Victorian-era home in Melbourne. These row houses are typically two or three stories tall and share a wall with their neighbors. They feature ornate facades, high ceilings, and period details such as ceiling roses and cornices. With their narrow frontages and long, deep lots, terraces definitely make the most out of small city plots.

Mansions

The grandest of all Victorian-era homes, mansions are typically located in the inner suburbs of Melbourne and are often built on large lots. These homes are characterized by their multiple rooms, towering ceilings, and grand staircases. They often feature multiple chimneys, wrap-around verandahs, and decorative detailing. If you’re looking for opulence, a Victorian-era mansion might be just what you need.

Cottages

If you’re after something a bit more petite, a Victorian-era cottage might be just what you’re looking for. These homes are typically smaller and more modest than their mansion counterparts but still feature plenty of period charm. Cottages are often single-story or have a loft, and typically feature a front verandah and a fireplace.

Where to Score the Best Bargains

Like with any other type of property, the price of a Victorian-era home largely depends on its location. However, there are a few areas in Melbourne where you might be able to score a bargain.

Footscray

Located just west of Melbourne’s CBD, Footscray is known for its diverse community, excellent food scene, and affordable real estate. There are plenty of Victorian-era homes to be found in Footscray, and many of them are more affordable than similar homes located closer to the city.

Broadmeadows

If you don’t mind being a bit further out of the city, Broadmeadows might be worth considering. This northern suburb has a mix of Victorian-era and mid-century homes, and the area is slated for extensive redevelopment in the coming years.

Coburg

Coburg is an inner-northern suburb that has long been popular with artists and creatives. It has a wealth of Victorian-era homes on offer, and because it’s not quite as trendy as some other inner-city suburbs, you might be able to score a bargain.

FAQs

Are Victorian-era homes expensive?

The price of Victorian-era homes can vary greatly depending on the location, condition, and features of the property. However, they are generally considered to be more expensive than modern homes, as they are typically larger and feature a wealth of period details and charm.

What should I look for when buying a Victorian-era home?

When buying a Victorian-era home, it’s important to get a building inspection to ensure that the property is structurally sound. You should also consider the cost of potential renovations or repairs, as Victorian-era homes often require additional maintenance due to their age. Additionally, it’s worth considering the home’s heritage status and any restrictions that might be in place around renovations or modifications.

How do I buy a house in Melbourne?

If you’re new to the property market in Australia, it’s important to do your research before buying a house in Melbourne. You’ll need to secure financing, find a real estate agent, and complete a range of legal and administrative tasks before the purchase can be finalized. For more information, check out Guide to Buying a House in Melbourne.

Conclusion

With their stunning architecture, great heritage, and prime locations, it’s no wonder that Victorian-era homes are so sought after in Melbourne. While the price of these homes can vary greatly, there are certainly bargains to be found if you know where to look. Just remember to do your research, get a building inspection, and factor in any additional maintenance or repairs before making a purchase.

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