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Victoria residential property

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Monica Lee and grandchildren (from left) Milla, 17, Harper, 15, and Tiger, 13 – pictured with dogs Billie and Maizie – at Lee’s Mount Martha home.

The once-booming Victorian coastal hotspot that’s now $172,000 cheaper

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.

  • Jim Malo

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Buyers with a Melbourne budget can get a lot more bang for their buck if they look to regional Victoria.

Bang for buck: Top Victorian tree-change houses on a Melbourne budget

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

  • Shona Hendley
Home values are under pressure.

Surprising amount you could afford to spend on a house

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

  • Elizabeth Redman and Kristy Johnson
Cash purchases are high in Paynesville.

The sea- and tree-change towns where home buyers are paying in cash

At least half the home purchases don’t have a mortgage attached. There’s no clear demographic explanation, but there is a reason.

  • Jim Malo
House prices in towns such as Barwon Heads have had a double-digit price drop.

The Victorian coastal towns where house prices plunged 20 per cent

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

  • Kate Halfpenny
Alexander Selway opted to buy property in Ocean Grove because it was more affordable than other beach towns.

Beach on a budget: Victorian coastal towns where homes cost under $1m

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

  • Alexandra Middleton
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Experts are tipping 2025 to be a buyer’s market as they are expected to have more to choose from.

‘Six months behind’: What property prices will do in 2025

The real estate market should lean in buyers’ favour as experts tip there will be more homes to choose from - but will it last?

  • Tawar Razaghi
A view of a pool in the backyard

Where houses with swimming pools are selling for under $1.5m

With summer temperatures rising, there’s no better way to cool off than a backyard pool – without completely breaking the bank.

  • Shona Hendley
The property market weakened in 2024.

How the property market slipped into a downturn in 2024

The Australian property market sometimes appears to defy gravity, but 2024 was a year when gravity caught up.

  • Elizabeth Redman
The contemporary Toorak home sold for close to $70 million.

Melbourne’s multimillion-dollar mansions of 2024 – and those that failed to sell

Mansion buyers had their pick of homes for sale in 2024, as long as they had deep pockets, but some are lingering on the market.

  • Elizabeth Redman

Original URL: https://www.watoday.com.au/topic/victoria-residential-property-hw2