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Secret Melbourne Suburbs with Affordable Houses for Sale

8 mins read
melbourne houses for sale cheap

Melbourne is one of the most coveted cities in the world, offering a great quality of life and a lively cultural scene. However, with the soaring property prices, owning a home in Melbourne can seem like an impossible dream for many. The good news is that there are still some hidden suburbs scattered across Melbourne, where you can buy an affordable house without sacrificing on convenience or lifestyle.

If you are willing to expand your search beyond the popular suburbs, you can discover some real estate gems that not only offer fantastic property prices but also provide excellent amenities and transport links. Whether you are a first-time buyer or a seasoned investor, finding a bargain in these secret suburbs could be the key to securing your dream home in Melbourne.

The Best Secret Suburbs with Affordable Houses for Sale

1. Reservoir

Located northwest of Melbourne CBD, Reservoir is a premium suburb with a range of houses, townhouses, and apartments available at affordable prices. With a vibrant and growing population, classic architecture and plenty of local amenities, Reservoir is perfect for families and first-home buyers.

2. Werribee

Werribee is a suburb that is often overlooked despite providing great value for money, coastal charm, and excellent infrastructure. Located in the southwest, Werribee offers a selection of affordable housing options to suit every budget and taste, including family-sized homes, apartments, and townhouses.

3. Sunbury

Sunbury is a suburb located north-west of Melbourne and is quickly becoming a popular spot for those seeking affordability and proximity to the city. With excellent public transport, a range of amenities, and a welcoming community, Sunbury offers a range of house and land packages as well as established properties.

4. Carrum Downs

Carrum Downs is a suburb located south-east of Melbourne and is primarily known for its laidback lifestyle and affordable property prices. This suburb offers families and first-home buyers a range of options to suit their lifestyle and budget, from established homes to newly built properties.

5. Craigieburn

Craigieburn is a rapidly expanding suburb located north of Melbourne, with excellent access to public transport, shopping centers, schools, and other amenities. With plenty of newly built homes and apartments on offer, Craigieburn is perfect for first-time buyers, young families, and investors alike.

6. Cranbourne

Cranbourne is a lovely suburb located south-east of Melbourne, which offers a peaceful and tranquil lifestyle at an affordable price. With great schools, local amenities, and infrastructure, Cranbourne is a popular choice for young families, retirees, and working professionals.

7. Pakenham

Pakenham is a suburb located southeast of Melbourne and is one of the fastest-growing areas in Victoria. With excellent transport links, affordable property prices, and a range of shopping and entertainment options, Pakenham is perfect for those looking for wider outdoor spaces and a sense of community.

8. Tarneit

Located west of Melbourne CBD, Tarneit is a rapidly growing suburb that offers first-home buyers and investors an affordable way into Melbourne’s property market. Tarneit is known for its outstanding community infrastructure, diverse property options, and accessibility, with everything you need right at your doorstep.

9. Frankston North

Frankston North is a suburb located in the southeast of Melbourne and has recently undergone significant changes to become a thriving hub of the peninsula. With a range of home styles, many pedestrian-friendly zones and a host of local amenities and infrastructure upgrades, Frankston North is an excellent location to find a bargain property.

10. Hastings

Hastings is a charming suburb located in the Mornington Peninsula region, south of Melbourne. With its picturesque coastline, diverse properties, and excellent infrastructure, Hastings offers an alternative paradise of possibilities for those seeking an affordable lifestyle on the periphery of Melbourne.

FAQs

Q: Is it easy to buy a house in Melbourne?

Buying a house in Melbourne can be challenging, especially with the continually rising property prices. However, with the right professionals to guide you through the buying process, it can be a manageable and rewarding experience. Be sure to research the market, save for a deposit, and work with a reliable real estate agent who can help you find a home that fits your budget, lifestyle, and personal preferences. You can also check out our Guide to Buying a House in Melbourne, where we provide valuable tips and insights on how to navigate the Melbourne property market.

Q: Is it possible to buy a house in Melbourne under $500,000?

With the continually rising property prices in Melbourne, it can be tough to find a home under $500,000. However, if you expand your search to include some of the suburbs outside Melbourne’s city center, such as Reservoir, Werribee, and Sunbury, you might find some hidden gems that fit your budget and lifestyle. Still, you have to be realistic about your options and make informed decisions based on your needs, financial situation, and expectations.

Q: How can I find affordable houses for sale in Melbourne?

The first step to finding affordable houses for sale in Melbourne is to work with a reliable real estate agent or property expert who has extensive knowledge of Melbourne’s suburbs, property market, and trends. You can also stay up to date with the latest listings and property news by following online property portals or signing up for property alerts. Other options include attending property auctions, open homes, and doing thorough research on each suburb to find the best value for your money.

Q: Are the suburbs mentioned in this article safe?

Yes, all the suburbs mentioned in this article have excellent safety records and reputation. However, it’s always advisable to conduct your research on each suburb, including crime rates and other security measures before making any property purchases.

In conclusion, owning a home in Melbourne doesn’t always have to be an expensive dream, and there are still affordable options available in secret suburbs. By expanding your search beyond the popular areas and working with a reliable real estate agent, you can find a property that fits your budget, lifestyle, and personal preference.

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