We’re heading southeast this week into the state of Victoria. Not only home to one of the best places to live in the world (looking at you, Melbourne), Victoria is also the second largest state in Australia which means tons of space for gorgeous national parks, magnificent mountain ranges and all the best in beaches and wineries.
Which is why savvy property investors are always keeping an eye on the best suburbs to invest in Melbourne—the opportunities for capital growth are aplenty. Everyone wants to own a piece of real estate in Melbourne.
And while living here may be on the pricey side, we’ve gathered a handful of the cheapest houses in Victoria so you can have your pick of lifestyles.
From beach towns to city dwelling and rural lands for sale in Victoria, each of these houses gives you the choice of how you want to live. After all, buying a home is one of the major financial decisions in our lives, and we want to make sure living by the beach is what we truly want… or was it living near the CBD? Or was it getting away from the city?
For those embarking on their home buying journey in the region, don’t miss our comprehensive guide on buying your first home in Victoria. It’s a valuable resource you won’t want to skip!
Cheapest houses in Victoria near the city

- Price guide: $480,000 – $528,000
- Distance to Melbourne CBD: 11 kilometres
If you’re looking for a cheap property in one of the best places to live in Victoria, this one might be it!
From the outside in, the house is in good shape. A two-story townhouse with two large bedrooms and close to the shopping precinct and transport.
What we immediately noticed is the natural light—floor to ceiling windows on the lower level bring in tons of it. Not to mention the lovely backyard if you want to be fully immersed.

- Price guide: $550,000 – $600,000
- Distance to Melbourne CBD: 12 kilometres
This is a very modern tri-level townhouse which is great for families. Three bedrooms, two bathrooms, an open layout and lots of storage space means there is ample space for everyone. You also benefit from a lovely north-facing front yard with well-maintained gardens.

- Price guide: $460,000 – $500,000
- Distance to Melbourne CBD: 10 kilometres
You’re closer to the city centre here and in one of Melbourne’s very likeable suburbs. The home is a simple two bedroom with potential for some revamping. Wooden floors are a charming touch so all you need is some redecorating to make it yours. With Footscray’s communal atmosphere, you’ll feel at home in no time.
But if you’re thinking of living in the regions, you can research the property scene in our cheapest houses in rural Victoria article.

- Price guide: $470,000 – $500,000
- Distance to Melbourne CBD: 35 kilometres
The location is one of the finer points in this well-allocated home. You’re just a short walk from the Werribee village shops and convenient transportation. The home itself is north-facing, allowing for plenty of natural light. Three bedrooms and separate living and dining areas make this a spacious but cosy home fit for a young family.
Cheapest houses in Victoria by the beach
Beach lovers may also want to check out our cheapest beach houses in Victoria round up!

- Price guide: $280,000 – $300,000
- Distance to beach: 3 kilometres
When it comes to beach town homes, you’ll rarely be within the cheapest houses in Australia. Beach towns are some of the most sought-after suburbs, with prices getting higher the closer you get to the coastline. But in this simple home, you’re getting your bang for buck. Three well-sized bedrooms and an outdoor shed are spread across almost 6002m of land—a rare find for this price point.

- Price guide: $580,000
- Distance to beach: 1.5 kilometres
This cosy Venus Bay cabin-style home is done up beautifully. You truly see what natural light and beachy interiors can combine to create. With close proximity to the walking track along Tarwin River, runners will be perfectly content. Not to mention you’re about a 15-minute walk from the beach.

- Price guide: $490,000
- Distance to beach: 1.5 kilometres
Minutes from the beach and right off the main road is this two-story townhouse. With three bedrooms and two separate living spaces, larger families will delight in having their own space alongside a private patio area.
Cheapest houses in regional Victoria

- Price guide: $375,000 – $395,000
- Distance to closest town: 850 metres
If you’re looking for the cheapest houses in regional Victoria, you might be wanting some peace and quiet. This home will give you just that. The quality extends from the newly renovated kitchen, to the clean, modern designs of all the other rooms. A favourite is the outdoor deck where you can entertain all year round.

- Price guide: $319,000
- Distance to closest town: 650 metres
This quaint pastel-tinted cottage is quirky on the outside and contemporary on the inside. With about 7152m of space, your living areas, bedrooms and extra workshop never feel cramped. Plus, you have a lovely sun-lit garden to work your green thumb.

- Price guide: $309,000
- Distance to closest town: 2.5 kilometres
Simple and warm, the wood finishing really inspires a cabin feel in this 3-bedroom house. Churchill is one of the more affordable suburbs in regional Victoria, with green, leafy streets and a strong community feel that you only get out of the city. This is one of the cheapest houses in Victoria and in one of the well-liked suburbs.
If you want to find more cheap houses for sale in Victoria, browse our search page to check out some amazing listings available right now. But don’t just stop there, download our app to get the full Soho experience. Just remember to shortlist or swipe left on our listings so we can send you others that better match what you’re looking for.