soho-logo-Hoz-Light

The Best Place to Live in Victoria – Unveiled

March 29, 2023
best place to live in victoria

Key takeaways:

  • Victoria is a populous state with over 6 million people.
  • Melbourne is one of the best cities to live in in Victoria and in the world. 
  • Melbourne boasts diversity in terms of property price and location, which many people find attractive.

Victoria is a southeastern Australian state known for its natural beauty and diverse culture. With a population of over 6 million people, it’s a popular destination for tourists and locals. This Australian spectacle offers a range of attractions and activities, including the Murray river.

It’s the dream of many Australia to buy cheap land for sale in Victoria and build the house of their dreams.

But where exactly should you be living in Victoria? What’s the ideal place to pitch one’s tent?

Whether you’re a nature lover, culture enthusiast, or looking for a place to live, we’ve got you covered. So, without further ado, let’s dive in and discover the top spot to call home in Victoria!

The Best Place to Live in Victoria

Personal choices may differ. However, many say Melbourne is the best place to live in Victoria. Apart from being the main centre, it has excellent features and ticks all the boxes. For instance, you can also buy cheap land for sale in Melbourne and start your life in this sought after location.

In fact, a recent publication, Melbourne is Australia’s most liveable city. It is also rated 10th in the world.

With a vibrant culture, excellent food, and a thriving arts scene, Melbourne has something for everyone.

One of Melbourne’s biggest attractions is its diverse neighbourhoods. Each part of the city has its unique character and attractions.

From the trendy cafes to the historic laneways of the city centre, there is always something new to discover in Melbourne.

In addition, Melbourne has an excellent public transportation system. This system includes walking tracks and train lines. Therefore, it is super easy to get from one point to the other in the  city.

Melbourne is also home to some of Australia’s top universities. Popular ones include the University of Melbourne and Monash University. As a result, it is a popular destination for students and academics.

But there are tons more places to live in Victoria. Lakes Entrance and Golden Beach, for instance, are some affordable Victorian coastal towns. But there are more! Explore the suburbs of Venus Bay or Ocean Grove to find cheap beach houses for rent in Victoria.

Let’s explore other excellent places to live in Melbourne.

Bendigo

best place to live in victoria
House for sale in Bendigo

With excellent schools and affordable housing options, Bendigo is a great place to live for families.

Median House Price= $686,500 

Median Unit Price = $390,000

This central Victorian city goes deep in history. It has a thriving arts and culture scene, with several museums, galleries, and theatres.

The city’s Rosalind Park is a popular attraction. There are plenty of family-friendly events and activities held in different unique spots.

Discover more properties for sale in Bendigo.

Mornington 

best place to live in victoria
House for sale in Mornington.

Median House Price = $1.13m

Median Unit Price: $760,000

Located south of Melbourne, the Mornington Peninsula boasts stunning beaches and natural hot springs. The region has a glowing reputation for its outdoor activities and is one of the best coastal towns to live in Victoria.

The majority of these include hiking and cycling. The suburb also has a thriving food and wine scene. The charming towns in the area offer plenty of entertainment and relaxation opportunities.

Discover more properties for sale in Mornington.

Warrnambool

best place to live in victoria
House for sale in Warrnambool

Median House Price = $600,000 

Median Unit Price = $430,000

This coastal city in southwest Victoria has a great sense of community. With its beautiful beaches, parks, and gardens, Warrnambool is a great place for nature lovers.

The city also has excellent schools and affordable housing options. You’ll find it located close to several natural attractions like the Great Ocean Road and the Grampians National Park.

Discover more properties to rent in Warrnambool.

Lakes Entrance

best place to live in victoria
House for sale in Lake Entrance

Median House Price = $485,000 

Median Unit Price = $465,000

Lakes Entrance is a beautiful coastal town you’ll find located in eastern Victoria. It has a stunning natural environment, with beautiful beaches, lakes, and waterways. If you’re on the hunt for cheap bush blocks for sale in Victoria, you might want to consider this affordable suburb.

The town is also a popular tourist destination. It also has a great sense of community with many activities and events all year round.

With excellent schools and several affordable housing options, Lakes Entrance is a fantastic place to live for families.

Discover more properties for sale in Lake Entrance.

Daylesford 

best place to live in victoria
House for sale in Daylesford

Median House Price = $925,000

Median Rent Price = $485 pw

Daylesford is a beautiful spa town located in central Victoria. Residents love its natural mineral springs and beautiful gardens and parks.

The famous Wombat Hill Botanical Gardens attracts lots of people yearly. The town also has thriving art and culture with numerous galleries, theatres, and music festivals.

Daylesford is a great place to live for you, your family members, and those who appreciate natural beauty and a relaxed lifestyle. However, Ocean Grove and Surf Coast Shire may be better options.

Discover more properties for sale in Daylesford.

People also ask

What part of Victoria has the highest number of dwellers?

If you want to choose a place to live in Victoria based on the local population, we’ll have to refer you back to Melbourne.

Apart from being the capital, the region houses 70% of the state’s population. So it is no wonder it dominates the economy, culture, and media reach.

Where do the richest elites live in Victoria?

Victoria does not boast of some of the wealthiest neighbourhoods in the world. However, it does have a few places where rich people like to live. The median house prices are worth noting.

Some of these places include Toorak, East Melbourne, Brighton, Canterbury, Kooyong, and more. The median house price in these places is around $2m on average. Some of the houses allow monthly repayments.

What is the most multicultural place in Melbourne?

If you are moving to Melbourne (regional victoria domain) and are looking for a diverse environment, you should look at Greater Dandenong.People living here are from over 150 birthplaces and rural towns.  Almost two-thirds (half ) of the population speak foreign languages in their homes. 

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.
Share this article
Soho logo

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 

Soho logo
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.