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REIV: Melbourne house prices tend to drop about $30,000 for every 1km away from CBD

REIV: Melbourne house prices tend to drop about $30,000 for every 1km away from CBD
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The Melbourne suburbs within reach of first home buyer budgets

Melbourne’s median house price has soared, but there are still pockets of the city where detached houses sell for less than $700,000. Entry-level units can also be found on that budget, even in exclusive suburbs.

New south walesBox hillYarra junctionBacchus marshMelton southSouth melbourneMalvern eastNoble parkWestern australiaKush chetriHooker cranbourneJames fitzpatrickRay white craigieburnStockdale leggoSteph shepherdsonMcgrath northcote

The Melbourne suburbs within reach of first home buyer budgets

Melbourne’s median house price has soared, but there are still pockets of the city where detached houses sell for less than $700,000. Entry-level units can also be found on that budget, even in exclusive suburbs.

New south walesBox hillYarra junctionBacchus marshMelton southSouth melbourneMalvern eastNoble parkWestern australiaKush chetriHooker cranbourneJames fitzpatrickRay white craigieburnStockdale leggoSteph shepherdsonMcgrath northcote

The Melbourne suburbs within reach of first home buyer budgets

Melbourne’s median house price has soared, but there are still pockets of the city where detached houses sell for less than $700,000. Entry-level units can also be found on that budget, even in exclusive suburbs.

New south walesBox hillYarra junctionBacchus marshMelton southSouth melbourneMalvern eastNoble parkWestern australiaKush chetriHooker cranbourneJames fitzpatrickRay white craigieburnStockdale leggoSteph shepherdsonMcgrath northcote