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Property prices are weaker than they were a few years ago, but it’s not worrying locals who are keen to get on with their lives.

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Property values went through a pandemic boom and bust, and while they’re not back to their peaks, they’re starting to pick up again.

Take the capital city’s median house price of just over $1 million into regional Victoria, and your money can buy a lot more.

In Brighton, a beach box could easily cost you $450,000. In Portsea, buyers pay up to $1 million. But elsewhere, they’re much cheaper.

For anyone watching homes in their area sell for millions, the budget considered achievable for an average household would be a big surprise.

For that price, there are swaying palms, water views, top security and room to build a dock large enough for a mega-yacht.

Over the years, property values have had periods of large gains and then dips, much like the one the market is going through now.

Beach houses in many popular spots have recorded double-digit price drops over the past couple of years, and buyers have their pick.

The typical house in Byron Bay now costs more than $2 million, but buyers who look a little further along the coast can spend much less.

While the typical house in Sorrento costs more than $2 million, plenty of other coastal destinations offer beach lifestyle on a budget.