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Top Picks: Cheap Land For Sale in Melbourne

March 10, 2023
Cheap Land For Sale in Melbourne

Key takeaways:

  • In Melbourne’s inner-city suburbs, prices can go up to $10,000 per square metre of land.
  • In order to build a home, professional are needed to assess things like soil, drainage, and other factors that can impact the construction process.
  • Areas like Altona and Deer Park in Melbourne often have more affordable land for sale.

Thinking about building your dream home on a budget? The first step is to find the perfect plot of cheap land for sale in Melbourne.

Instead of looking for cheap houses for sale in Melbourne, why not build your own from scratch?

Fortunately, there are plenty of affordable options available for those hoping to buy land in Melbourne. And if you start the search for land early, you can have the right foundation in place to begin the building process, then you can make a budget in keeping with the costs to build a house in Melbourne.

Let’s take a closer look at how to buy land and build a house in Melbourne, as well as where to find cheap land for sale in the Melbourne region.

Suggested Reading: Top Picks for Cheap Land For Sale in Victoria – there’s more to Victoria than Melbourne. Journey into the country and explore more affordable land for sale!

How to Buy Land in Melbourne

Before you start searching for the perfect plot of land, it’s important to understand exactly how to buy land in Melbourne. This typically involves looking on search platforms like Soho.com.au. You can set your match profile and get alerts on new lots of land becoming available as they come onto market.

Working with a real estate agent or property developer can also be helpful. They can assist you in finding suitable land that fits your budget and meets your needs. You’ll also need to consider factors such as location, zoning regulations, and any restrictions on building in certain areas.

Once you’ve found a piece of land that you’re interested in, it’s important to conduct a thorough inspection to ensure that the land is suitable for building. This may involve hiring a surveyor or other professionals to assess the soil, drainage, and other factors that can impact the construction process.

How to Build a House in Melbourne

Once you’ve found the perfect plot of land, the next step is to build your dream home. Building a house in Melbourne typically involves working with a builder or contractor to design and construct your home according to your specifications. You also want to consider the costs of building your Melbourne house and make sure you keep within your budget.

Before you begin the construction process, it’s important to obtain any necessary permits and approvals from the local council or government agencies. You’ll also need to work closely with your builder to create a detailed plan and timeline for the construction process.

During the construction process, it’s important to stay involved and communicate regularly with your builder to ensure that the project is progressing smoothly. This may involve regular site visits, inspections, and meetings with your builder to discuss any changes or modifications to the original plan.

Now that you’ve got an idea on what the process and costs of building a house in Melbourne, let’s dive into the cheapest land for sale in Melbourne right now.

Cheap land for sale in Melbourne

$600,000 – $700,000 range – 6 Earlsfield Court, Deer Park, VIC, 3023, Australia

Size: 619 sqm

This is a golden opportunity for renovators or developers.

The large flat block of 619 sqm is in Deer Park, within walking distance of shops and the upcoming train station upgrade. The solid brick home needs work, but the rewards will be worth it.

The 3-bedroom home features a double carport, and the wide frontage offers many options for buyers. Renovate the charming residence, or rebuild a dream family sanctuary. Subdivide the block (STCA) to take advantage of this sought-after location.

See more land for sale in Deer Park VIC.

$150,000 – 431 Henty Avenue, Altona, VIC, 3018, Australia

Size: 634 sqm

Looking for a prime location to build your dream home? Look no further than this large block of land in Altona.

Situated in the highly sought-after Burns Road estate, this 634sqm lot offers a rare opportunity to land bank for the future. With its prime location, you’ll have easy access to all the amenities that Altona has to offer.

Enjoy the relaxed coastal lifestyle in this charming suburb of Melbourne. With its beautiful beaches, scenic walking paths, and peaceful parks, Altona offers plenty of opportunities to enjoy the great outdoors.

See more land for sale in Altona VIC.

Price guide $650,000 – $710,000 – 2 A & B Scovell Crescent, Maidstone, VIC, 3012, Australia

On auction 2 stunning townhouses ready to build in Maidstone, Australia, with approved plans, permits and engineering drawings. The lower level features open plan living and meals areas with a separate kitchen, powder room and laundry. Upstairs is for your leisure with 2 spacious bedrooms, a main bathroom and study nook. Unit 1 has a lock up garage and both units offer rear yards with parking access.

Located in a highly sought-after Maidstone location, this site is abundant with lifestyle choices. Across the road, enjoy Scovell Reserve and Playground while Highpoint shopping centre, recreational facilities, schools and public transport are just moments away.

See more land for sale in Maidstone VIC.

Range of $600,00 and above – 14 Perennial Drive, Sunshine North, VIC, 3020, Australia

Size: 303 sqm

Perennial Drive offers the perfect opportunity for those seeking inner-city living, with a generous 303m2 approx. flat block of land available for sale. This rare opportunity allows you to build your dream home and choose your own design on a flat land surrounded by a charming residential community-style living.

Located in Stage C, this lot is suitable for a double-storey dwelling (STCA), making it an ideal option for those seeking to build a spacious home.

Enjoy the picturesque view of the Maribyrnong River while taking a stroll through the vast parklands situated just a short distance away. The location also provides easy access to the Western Ring Road, CBD, transportation hubs, Quang Minh Temple, Sunshine North’s shopping areas, Highpoint Shopping Centre, educational institutions, and other attractions.

See more land for sale in Sunshine North VIC.

$650,000 – $680,000 – 32 Rice Flower Road, Sunshine North, VIC, 3020, Australia

Size: 532 sqm

With stunning views of the Maribyrnong river and nature reserve, this property in River Valley Estate presents a great opportunity.

Located on Rice Flower Road, surrounded by luxurious homes, and only 11km away from Melbourne CBD, this 532sqm block of land is perfect for building your ideal home.

See more land for sale in Sunshine North VIC.

$670,000 – $720,000 – 8 Ralph Avenue, St Albans, VIC, 3021, Australia

Size: 650 sqm

This 650sqm allotment is located within close proximity to various schools, parklands, shopping centers, transportation, and freeway access, making it an ideal location for families.

With endless possibilities for design excellence, this property offers versatility and flexibility in both aspect and potential, unfettered by many usual restrictions, and providing the home builder with boundless options to maximise its potential.

This highly sought-after neighbourhood is surrounded by established homes, and such prized blocks are in high demand but are rarely offered.

See more land for sale in St Albans VIC.

$575,000 – $595,000 – 47 Carroll Street, Deer Park, VIC, 3023, Australia

Size: 607 sqm

Offered for sale by the original owner, this rectangular block in the Quinn estate is perfect for building your dream home or multiple units. Close to schools, medical centre, public transport, and shopping centres with easy access to Western Ring Road.

Deer Park is a rapidly growing suburb that offers a wide range of amenities and facilities. It is a family-friendly area with several excellent schools, child care centers, and recreational options.

The suburb also has easy access to public transportation and major roadways, making commuting to the CBD or other areas a breeze.

See more land for sale in Deer Park VIC.

Some FAQs on finding cheap land for sale in Melbourne

Where is the cheapest place to buy land in Victoria?

The cheapest place to buy land in Victoria can vary depending on factors such as location, size, and zoning. However, some areas that may have more affordable land options include regional towns and outer suburbs of larger cities.

Whether you’re looking for a cheap beach house in Victoria or cheap houses in rural Victoria, the state has a wide array of property types. Some of the more affordable suburbs will be in the regions and more specifically, Shepparton and Wodonga.

Where is the cheapest land for sale in Australia?

Similar to Victoria, the cheapest land for sale in Australia can vary depending on location and other factors. Some areas that may have more affordable real estate include regional areas, smaller towns, and outer suburbs.

If you’re looking for the cheapest houses for sale in Australia, check out regional suburbs like Cobar, NSW or Rubyvale QLD.

Where is the cheapest land to buy right now?

It’s difficult to pinpoint the exact cheapest land to buy right now as it can vary depending on factors such as location, size, and zoning.

However, areas that may have more affordable options include regional areas, smaller towns, and outer suburbs of larger cities. Try Russell Island, QLD or Bourke NSW.

What is the average price for land in Melbourne?

The average price for land in Melbourne can vary depending on factors such as location, size, and zoning. However, as of February 2022, the median price for land in Melbourne was around $10,000 per square metre of land in the inner-city suburbs. It’s important to keep in mind that prices can vary greatly depending on the specific area within Melbourne.

Soho
Soho is your expert team in Australian real estate, offering an innovative platform for effortless property searches. With deep insights into buying, renting, and market trends, we guide you to make informed decisions, whether it's your first home or exploring new suburbs.
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Our AI match engine will match you with over 150,000+ properties and you can swipe away or shortlist easily. Making your home buying journey faster and easier.