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The Ultimate Guide To The Best Places To Live In Melbourne

March 17, 2023
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Key takeaways:

    • The current price is at $901.000 an increase of 0.1 per cent from the previous one

    • There are many properties for sale in Melbourne CBD

    • Melbourne is a vibrant cosmopolitan city that’s very popular for its street art exhibitions, diverse population, and security

If you are looking for a place to move to in Australia, consider the city of Melbourne. It is so great that it got the vote for the most liveable Australian city in the 2022 Global Liveability Index.

There are many suburbs and high-rise apartments available all over the city and within Melbourne CBD. If you are looking in the city centre or the outskirts of Melbourne, the following are some of the best suburbs you might call home.

CBD/South Melbourne

best places to live in melbourne
House for sale South Melbourne
  • Median house price: $901,000
  • Medan rent price: $370/week 
  • Median unit price: $629,000

At the top of our list, we have the Melbourne Central Business District, which is a great place to start. Though getting accommodation in the inner city suburbs like the CBD isn’t that hard, it is still quite expensive to live here, especially when you’re new. 

The CBD is one of the best places to live in Melbourne if you can afford it. It is the heart of the city, with art galleries, clubs, museums, great public transport, and theatres. The convenience is well worth the price. 

You will also have great access to many cuisines from around the world within your reach. Getting around the city is easier due to the many public transport links that you can easily access while living in the CBD.

Discover more properties for sale in Melbourne CBD.

Brunswick

best places to live in melbourne
House for sale in Brunswick
  • Median house price: $1,302,000
  • Medan rent price: $640
  • Median unit price: $553,000

If you are fond of living close to the beach, Brunswick is a great option you should check out. Brunswick Street is located a short fifteen-minute journey from the CBD. This Melbourne suburb has a great laid-back and hippy vibe, with great coffee spots and artsy clothes markets. 

Brunswick has a diverse selection of delicious cuisines such as Greek, Lebanese, Italian, and Vietnamese to mention a few. You can enjoy your food in trendy restaurants or cosy cafes located along Brunswick Street.  

Like most of the best Melbourne suburbs, Brunswick has a great community full of creativity and diversity. There are people from all over the world who come together to create an amazing community. Some events are held for the community such as the Brunswick Music Festival and the Sydney Road Street Party

Discover more properties for sale in Brunswick.

St. Kilda

best places to live in melbourne
House for sale in St. Kilda
  • Median house price: $1.6 million
  • Medan rent price: $410 per week
  • Median unit price: $517,500

Next, consider St. Kilda, which is for some, the best suburb in Melbourne. It is about five kilometres from Melbourne’s CBD and connects with port Phillip bay. There are pubs, bars, cafes, and restaurants all along Acland Street. This hub is only a few minutes from St. Kilda beach and port Melbourne.

If you want to be close to live music, going out, and places to swim in Mebourne, this is the right place for you. There are clubs such as Jimmy O’Neils, Veludo’s, and Luna Park that have great entertainment and boozy brunches. There are great markets such as the Farmers Market and Esplanade Market where you can acquire fresh goods. 

Discover more properties for sale in Melbourne CBD.

Frequently asked questions

Which is the safest suburb in Melbourne?

Though there is no official data to back it up, some independent studies found that The Patch is one of the safest places to live and view Melbourne’s northern suburbs. This small gem is located in the south Yarra Ranges Shire, 39 kilometres east of Melbourne CBD.

Other than the houses, there is a primary school, community hall, general store, tennis court, and a few commercial nurseries. It has a population of slightly over a thousand people and most of the homes here are owner-occupied.

Where do most families live in Melbourne?

Though most Melbourne suburbs are great for living, a family home has some requirements that a single person might not even consider. The best place to live in Melbourne for families has to have necessary amenities such as educational institutions, medical centres, playgrounds, and low crime rates. For example, Diamond Creek has the lowest number of criminal incidents.

What is the average price of a house in Melbourne?

The median house price in Melbourne changes from time to time and will also depend on your favourite places. If you are looking to purchase a unit, then it’s going to set you back $629,000 due to a 0.2 per cent increase from the previous years. 

However, it will depend on the type of house and where its located. For example, palatial mansions with tree-lined streets, and Victorian-era terraced housing will cost more than small units.

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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