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6 Cheapest Victoria Coastal Towns in 2024

April 25, 2024
cheapest victoria coastal towns

Key takeaways:

  • The median house prices in Victoria are $800,000 to $750,000
  • Victoria is a great holiday destination, with near to four million visitors annually, making it a great spot to purchase property and put it on rent
  • The average cost of living in Victoria is $3,805 per month for a single person on rent

*updated 25 April 2024

Victoria is the second smallest state in Australia and is famous for being the best shopping area. You can find the best coffee shops, arts, food, and sports, making it the capital of Australia in all these categories. It proves that the best place to live in Victoria, isn’t the most expensive.

If you like to live in a place where you can have all the necessities plus luxuries, look no further than a place in Victoria. On top of that, Victoria’s coastal towns are relatively inexpensive, giving you a chance to live near the beach.

In fact, you can actually get a beach home in Victoria for $275k! Curious? Here are six of the cheapest Victoria coastal towns you can live and invest in!

Cheapest Victoria coastal towns

Whether it’s your first time or you want to invest in a second house, Victoria coastal towns have got many options.

TownMedian House Price
Seaspray$535,000
Loch Sport$392,000
Golden Beach$400,000
Port Albert$493,500
Portland$437,500
Venus Bay$622,500

1. Seaspray

House for sale in Seaspray
  • Median house price: $229,000
  • Rent: $220 per week for a house

Seaspray is a serene coastal suburb nestled along the Ninety Mile Beach in Victoria, Australia. Known for its pristine sandy beaches and unspoiled natural beauty, Seaspray offers a tranquil escape for residents and visitors alike. 

Transportation in Seaspray is primarily road-based, with the South Gippsland Highway providing easy access to nearby towns and cities. The suburb is perfect for those seeking a peaceful lifestyle close to nature.

Educational Institutions: While Seaspray itself has limited educational facilities, nearby towns offer a range of options for families. The closest primary and secondary schools are located in Sale, approximately 40 minutes away by car.

Community Specifics: Seaspray is renowned for its tight-knit community and laid-back lifestyle. The Seaspray Surf Life Saving Club is a community hub, offering activities and events that bring residents together. The suburb also boasts several parks and reserves, ideal for outdoor activities and family picnics.

If you’re looking for cheap land for sale in Victoria, you can consider checking out Seaspray and building the home of your dreams.

Discover more properties for sale in Seaspray.

2. Loch Sport

House for sale in Loch Sport
  • Median house price: $392,000
  • Average rent for a house: $350 per week

Loch Sport is a hidden gem located between the Gippsland Lakes and the Ninety Mile Beach. This suburb is a paradise for water sports enthusiasts, offering ample opportunities for boating, fishing, and kayaking. 

Transportation options include road access via the Longford-Loch Sport Road, connecting residents to larger towns for more extensive services.

Educational Institutions: Loch Sport is served by a local primary school, catering to the educational needs of younger residents. Secondary students typically attend schools in the nearby town of Sale.

Community Specifics: The Loch Sport community is active and welcoming, with the Loch Sport Boat Club and the Loch Sport Golf Club being popular gathering spots. The suburb also features several nature reserves, providing beautiful settings for hiking and bird watching.

If you’re looking for cheap houses for rent in Victoria, Loch Sport should be on your list.

Discover more properties for sale in Loch Sport.

3. Golden Beach

House for sale in Golden Beach
  • Median house price: $400,000
  • Rent: $420 per week for a house

Golden Beach is a tranquil seaside suburb along the Ninety Mile Beach, known for its golden sands and crystal-clear waters. The suburb is a favorite among families and retirees for its peaceful atmosphere. 

Transportation is facilitated by the Seaspray Road, linking Golden Beach to neighboring suburbs and towns.

Educational Institutions: Golden Beach does not have its own schools, but educational facilities are available in the surrounding areas, including Sale and Seaspray.

Community Specifics: The Golden Beach community is engaged in conservation efforts, with several volunteer groups dedicated to protecting the local environment. The Golden Beach Community Centre is a focal point for social activities and events.

All this makes us wonder why Golden Beach is so cheap, because it’s a wonderful place to live!

Discover more properties for sale in Golden Beach.

4. Port Albert

House  for sale in Port Albert
  • Median house price: $493,500
  • Rent: $400 per week for a house

Port Albert is one of Victoria’s oldest seaports, offering a rich history alongside stunning coastal views. The suburb is known for its historic buildings and maritime heritage. 

Transportation in Port Albert includes road access via the South Gippsland Highway, with local bus services connecting to nearby towns.

Educational Institutions: Port Albert residents have access to primary and secondary schools in the neighboring towns of Yarram and Welshpool.

Community Specifics: The Port Albert Maritime Museum is a community landmark, showcasing the suburb’s seafaring past. Port Albert also hosts several seafood restaurants, celebrated for their fresh, local catch.

Discover more properties for sale in Port Albert.

5. Portland

House for sale in Portland
  • Median house price: $437,500
  • Rent: $380 per week for a house

Portland is a town centre of far west Victoria’s side, and it is a major town when it comes to investment in Victorian coastal towns. The increase in Portland’s investment property has gone way up since 2018 and many investors are now getting a place in this area.  

Transportation options are comprehensive, including road, rail, and sea. The Portland Airport provides additional connectivity.

Educational Institutions: Portland boasts several primary and secondary schools, catering to a broad range of educational needs. The suburb also offers vocational training opportunities through local TAFE campuses.

Community Specifics: Portland’s community life is diverse, with numerous cultural festivals, art galleries, and theaters. The Portland Leisure and Aquatic Centre is a popular spot for fitness and recreation.

Discover more properties for sale in Portland.

6. Venus Bay

House for sale in Venus Bay
  • Median house price: $622,500
  • Rent: $397 per week for a house

Venus Bay is a picturesque coastal suburb known for its surf beaches and holiday atmosphere. The suburb is a popular destination for tourists and seasonal residents. 

Transportation is primarily via the South Gippsland Highway, with local roads connecting Venus Bay to nearby attractions.

Educational Institutions: Venus Bay is a small community with limited educational facilities. The nearest primary and secondary schools are located in Tarwin Lower and Inverloch.

Community Specifics: Venus Bay is committed to environmental preservation, with active community groups focused on protecting the local flora and fauna. The Venus Bay Community Centre offers various social and recreational activities, fostering a strong sense of community among residents.

Discover more properties for sale in Venus Bay VIC 3956.

FAQs about Cheapest Victoria Coastal Towns

If you’re looking to move closer to the beach without breaking the bank, consider exploring Victoria’s most affordable beachside suburbs.

Check out this comprehensive guide on cheapest beachside suburbs in Victoria for insightful information on location, pricing, amenities, and the unique lifestyle each suburb has to offer.

Is Victoria a cheap place to live?

Yes, compared to other states in Australia, Victoria is relatively cheaper with a good amount of resources.

What is the best town with beaches in Victoria?

Loch Ard Gorge Beach is the best beach that you must visit if you live nearby the Great Ocean Road.

Which coastal town has the best property for investment in Victoria?

Portland is the best town where you can grab a property for investment, as more and more people are visiting this place.

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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.