Revealed: The place to search out Victoria’s finest life-style suburbs

“They’re attributes that help markets outperform over the long haul – we know buyers will pay a premium to have them,” Mr Mortlock stated.

A sculpture named Dusk welcomes guests to Winchelsea, which the analysis highlighted as an reasonably priced life-style space in Victoria.

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According to PropTrack, Armstrong Creek is now tens of 1000’s of {dollars} cheaper than when its median home value hit $728,000 in 2022.

And Winchelsea’s typical home value hit a five-year peak of $720,000 simply 12 months in the past.

Despite the possibility for a discount, Melbourne-based patrons’ advocate and Property Investment Professionals of Australia board member, Cate Bakos, cautioned patrons considering of relocating and commuting to Melbourne would add hours of journey time to their week.

But locations like Newtown and Geelong West could possibly be splendid for folks eager to do business from home whereas having fun with life-style advantages and proximity to a prepare station, Ms Bakos famous.

“Geelong as a city, it’s diverse – it’s got a good economy, and there’s lots going on there, it’s food and wine scene and its weekender appeal is growing,” she added.

Mirambeena Park within the Warralily property in Armstrong Creek gained a panorama structure awards on the Victorian Landscape Architecture Awards in 2018. Picture: Jeremy Winter.

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Youngsters Finn, 7, and Olive, 5, cool off at Williamstown Beach. The suburb in Melbourne’s west was ranked amongst Victoria’s finest life-style hotspots. Picture: Mark Stewart.

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Armstrong Real Estate director Megan Rovers, who additionally co-hosts the property trade podcast Built For This, stated working from house allowed many patrons within the area “to have the best of both worlds” whereas commuting to Melbourne for a part of the week.

“They can have the house with the backyard to enjoy and the lifestyle to enjoy on the weekend,” she stated.

Ms Rovers stated a variety of patrons have been interested in Armstrong Creek for its colleges, purchasing centres and entry the seashore, close by prepare stations to journey to Geelong or Melbourne and the Geelong Ring Road.

“What we find is first-time buyers are buying because it’s affordable, downsizers are coming and following families,” Ms Rovers stated.

“So if there’s a family that are choosing because of the schools or the lifestyle that it offers, then the grandparents or parents will come and try and live close by.”

Featuring 4 bedrooms, 214 Highett Rd, Highett, has a $1.3m-$1.4m asking vary. Highett and close by Cheltenham have been the highest-ranked Melbourne areas on the Victorian life-style listing.

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Leased till March 2026, this period-style home at 66 Market St, Newport, has a $1m-$1.1m asking vary. The suburb has a $1.205m typical home worth.

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Closer to Melbourne, Newport has a $1.205m median home value and Williamstown $1.52m.

Real Estate Institute of Victoria director and Compton Green Inner West director Adrian Butera stated Newport featured the 33ha Newport Lakes Reserve and two prepare strains working by means of its station.

He stated whereas Newport was not as highly-regarded as a few of Melbourne’s different inside western suburbs, loads of patrons have been now beginning to cotton on.

“If you pull out a calculator and pull out the per square metre rate of Newport versus, say, Yarraville or Williamstown, Newport is so beautifully positioned yet is reasonably affordable,” Mr Butera stated.

“In perspective, you get more bang for your buck in Newport than you do most other suburbs in the inner west.”

Sunset over Mentone seashore. The suburb in Melbourne’s south east was one other on prime spot talked about within the report. Picture: Lee Scotland.

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Ten-year-old Henry backflips off the pier at Barwon Heads. Picture: Sarah Matray.

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White Fox affiliate director Cheyne Fox stated Port Melbourne’s parks, colleges, retailers, eating places, pleasant group and nearness to Melbourne’s CBD meant many locals regarded to upsize or downsize inside the suburb.

Ms Fox stated the “slightly softer” market was now permitting patrons to buy properties within the suburb they may not have been capable of afford three to 4 years in the past.

“So whereas something might have been sitting on $3m or just above a few years ago, it’s now dipping down to $2.6m, $2.7m and it’s making it more achievable for those people,” she stated.

“And I’m seeing some savvy purchases who are aware of that fact snapping up some really good properties at very reasonable prices given what they were a few years back.”

Port Melbourne’s median home value is $1.55m, in line with PropTrack.

A four-bedroom, Victorian-era home at 28 West Fyans St, Newtown, is in the marketplace with a $1.1m price ticket. The space is a suburb of Geelong.

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VICTORIA’S TOP LIFESTYLE AREAS

Armstrong Creek, Barwon Heads: median home costs from $653,250 to $1.49m

Winchelsea: median home value $600,000

Newtown: median home value $1.085m

Cheltenham, Highett: median home costs from $1.19m to $1.425m

Mentone: median home value $1.325m

Newport: median home value $1.205m

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Port Melbourne: median home value $1.55m

Beaumaris: median home value $2.05m

Torquay: median home value $1.175m

Williamstown: median home value $1.52m

Areas listed are regional statistical space stage 3s, as outlined by the Australian Bureau of Statistics. They are house to between 30,000 to 130,000 residents every.

Source: MCG Top Suburb Lifestyle Index July 2025, MCG Quantity Surveyors, SuburbDevelopments, and PropTrack.