Most Affordable Suburbs in Victoria

The lowest median house-price-to-household-income ratios across Victoria, ranked from the latest available suburb data.

762 eligible suburbs · latest price period 31 December 2025 · Valuer-General and ABS data

Birchip

3.0× income

$180,000 median · $1,171/wk income

Kaniva

3.0× income

$177,500 median · $1,121/wk income

Gunbower

3.3× income

$185,000 median · $1,062/wk income

Ranked suburbs

Population 200+ · positive price required

Most Affordable Suburbs in Victoria
Rank	Suburb	Postcode	Median price	Price / income	YoY	Population	Income / wk
1	Birchip	—	$180,000	3.0×	-3.2%	694	$1,171
2	Kaniva	—	$177,500	3.0×	-23.3%	891	$1,121
3	Gunbower	—	$185,000	3.3×	-33.5%	578	$1,062
4	Minyip	—	$162,000	3.5×	-9.7%	525	$894
5	Hopetoun (vic.)	—	$210,000	3.6×	-0.7%	694	$1,120
6	Rupanyup	—	$207,000	3.7×	-13.8%	545	$1,083
7	Wycheproof	—	$198,500	3.8×	-25.1%	610	$1,011
8	Nhill	—	$260,000	3.9×	-1.9%	2,401	$1,296
9	Rainbow	—	$220,000	4.0×	+10.0%	672	$1,048
10	Warracknabeal	—	$245,000	4.4×	+22.5%	2,359	$1,079
11	Jeparit	—	$181,500	4.4×	+17.1%	476	$785
12	Strathmerton	—	$328,000	4.5×	-0.6%	1,072	$1,404
13	Cardigan Village	—	$516,000	4.5×	+0.2%	957	$2,200
14	Ouyen	—	$260,000	4.6×	+10.6%	1,170	$1,092
15	Natimuk	—	$304,500	4.6×	+0.7%	548	$1,269
16	Willaura	—	$243,500	4.8×	-9.8%	439	$976
17	Murtoa	—	$255,000	4.9×	-8.9%	897	$1,007
18	Lake Boga	—	$360,000	4.9×	-35.1%	982	$1,416
19	Merrigum	—	$262,500	4.9×	-4.5%	679	$1,030
20	Edenhope	—	$250,000	5.0×	-2.0%	937	$963
21	Smythes Creek	—	$560,000	5.1×	+6.7%	1,762	$2,132
22	Mambourin	—	$630,000	5.1×	+2.9%	315	$2,359
23	Eynesbury	—	$702,500	5.2×	-2.1%	2,838	$2,609
24	Yallourn North	—	$345,000	5.2×	+4.5%	1,511	$1,276
25	Nichols Point	—	$580,000	5.3×	-17.1%	1,723	$2,087
26	Penshurst (vic.)	—	$282,500	5.4×	-5.8%	677	$1,014
27	Dimboola	—	$297,000	5.4×	+14.2%	1,635	$1,059
28	Shepparton North	—	$649,000	5.4×	-0.5%	2,048	$2,313
29	Manor Lakes	—	$650,000	5.4×	+1.7%	12,675	$2,296
30	Beveridge	—	$650,000	5.5×	-3.7%	4,642	$2,266
31	Yinnar	—	$467,500	5.5×	-2.6%	1,021	$1,629
32	Nyah	—	$325,000	5.5×	+10.2%	536	$1,130
33	Strathtulloh	—	$630,000	5.5×	+0.2%	3,997	$2,188
34	Winter Valley	—	$582,000	5.6×	+4.9%	3,440	$2,013
35	Glengarry (vic.)	—	$620,000	5.6×	+37.8%	1,113	$2,116
36	Coleraine	—	$250,000	5.7×	-5.7%	1,062	$850
37	Donnybrook (vic.)	—	$655,000	5.7×	+0.6%	2,100	$2,207
38	Barnawartha	—	$520,500	5.7×	-21.7%	987	$1,742
39	Charlemont	—	$630,000	5.8×	+2.9%	2,612	$2,102
40	Miners Rest	—	$596,500	5.8×	+3.7%	3,829	$1,983
41	Nyah West	—	$295,000	5.8×	+40.5%	673	$979
42	Nerrina	—	$725,000	5.8×	-1.1%	970	$2,405
43	Thornhill Park	—	$608,500	5.8×	+2.3%	3,066	$2,005
44	Stanhope (vic.)	—	$342,500	5.9×	-3.9%	826	$1,125
45	Fraser Rise	—	$693,000	5.9×	-1.7%	9,097	$2,276
46	Armstrong Creek (vic.)	—	$670,000	5.9×	+1.5%	11,247	$2,200
47	Lindenow	—	$394,000	5.9×	-16.2%	527	$1,292
48	Donald	—	$320,000	5.9×	+33.3%	1,472	$1,044
49	Aintree	—	$720,000	5.9×	+5.0%	7,982	$2,348
50	Stawell	—	$346,500	5.9×	+10.0%	6,220	$1,127
51	Charlton (vic.)	—	$295,000	5.9×	-0.7%	1,095	$958
52	Mount Helen	—	$640,000	5.9×	0.0%	3,011	$2,076
53	Leneva	—	$712,000	5.9×	+5.5%	1,317	$2,305
54	Kalkallo	—	$633,000	5.9×	-0.9%	5,548	$2,047
55	Baranduda	—	$650,000	6.0×	+1.2%	3,041	$2,090
56	Deanside	—	$690,000	6.0×	+3.8%	654	$2,210
57	Mount Duneed	—	$710,000	6.0×	0.0%	6,182	$2,274
58	Bonshaw (vic.)	—	$580,000	6.0×	+10.0%	949	$1,854
59	Kerang	—	$315,000	6.0×	+0.8%	3,960	$1,006
60	Bandiana	—	$634,500	6.0×	+3.2%	855	$2,017
61	Truganina	—	$670,000	6.1×	+3.1%	36,305	$2,126
62	St Arnaud	—	$290,000	6.1×	+5.5%	2,318	$920
63	Casterton	—	$278,000	6.1×	+1.1%	1,673	$881
64	Heywood	—	$340,000	6.1×	+3.0%	1,815	$1,077
65	Tarneit	—	$670,000	6.1×	+2.9%	56,370	$2,103
66	Pyramid Hill	—	$307,500	6.1×	+27.3%	598	$964
67	Traralgon East	—	$746,000	6.2×	-10.1%	1,780	$2,306
68	Huntly	—	$610,000	6.2×	+8.7%	3,585	$1,882
69	Strathfieldsaye	—	$726,500	6.2×	+3.8%	6,850	$2,237
70	Red Cliffs	—	$420,000	6.3×	+6.3%	5,294	$1,290
71	Briagolong	—	$434,500	6.3×	+3.5%	1,133	$1,334
72	Toongabbie (vic.)	—	$565,000	6.3×	-10.5%	1,085	$1,732
73	Cobblebank	—	$626,500	6.3×	+0.2%	3,601	$1,920
74	Allansford	—	$524,000	6.3×	-3.0%	1,410	$1,605
75	Lucas	—	$639,000	6.3×	+0.3%	2,994	$1,956
76	Clyde (vic.)	—	$705,000	6.3×	+1.4%	11,177	$2,152
77	Ararat	—	$399,000	6.3×	+5.0%	8,500	$1,216
78	Willow Grove	—	$591,500	6.3×	+22.8%	654	$1,801
79	Diggers Rest	—	$655,000	6.3×	0.0%	5,669	$1,991
80	Wallan	—	$630,000	6.3×	+0.5%	15,004	$1,914
81	Maddingley	—	$633,500	6.3×	+2.2%	5,491	$1,923
82	Wurruk	—	$495,000	6.4×	+25.8%	1,177	$1,495
83	Williams Landing	—	$855,000	6.4×	+7.2%	9,448	$2,582
84	Weir Views	—	$590,000	6.4×	+3.6%	4,348	$1,780
85	Alfredton	—	$625,000	6.4×	+3.0%	11,822	$1,883
86	Nathalia	—	$388,500	6.4×	-2.3%	1,982	$1,169
87	Hamilton (vic.)	—	$415,000	6.4×	+9.2%	10,346	$1,247
88	Darley	—	$650,000	6.4×	+0.8%	9,190	$1,951
89	Burnside Heights	—	$750,000	6.4×	+0.1%	6,377	$2,246
90	Nar Nar Goon North	—	$710,000	6.5×	-1.7%	819	$2,116
91	Cohuna	—	$375,000	6.5×	+7.1%	2,415	$1,112
92	Marong	—	$671,500	6.5×	+3.3%	2,005	$1,989
93	Cranbourne South	—	$770,000	6.5×	+5.5%	3,241	$2,278
94	Kialla	—	$676,000	6.5×	+0.9%	8,667	$1,998
95	Harkness	—	$595,000	6.5×	+4.4%	12,463	$1,752
96	Sea Lake	—	$300,000	6.5×	+80.2%	619	$883
97	Horsham	—	$443,000	6.6×	+15.8%	15,134	$1,294
98	Dunkeld (vic.)	—	$450,000	6.6×	+4.7%	688	$1,309
99	Tongala	—	$420,000	6.6×	-6.7%	1,973	$1,220
100	Clyde North	—	$745,000	6.6×	+3.5%	31,681	$2,163

Showing the top 100 of 762 eligible suburbs.

About this ranking

This Victorian affordability comparison converts median weekly household income to an annual figure and divides each suburb's latest median house price by it. Lower ratios rank first. the suburb dataset joins Valuer-General-derived prices to ABS Census income and population, and the calculation accepts only positive prices, positive incomes and populations of at least 200. The threshold prevents missing data or very small localities from generating deceptively strong ratios. Price freshness is shown from the newest period in the Victorian response, whereas Census income comes from a slower, separate collection cycle. Price-to-income is deliberately simple: it does not incorporate mortgage rates, deposits, stamp duty, household size, debt or the spread of incomes within a suburb. It describes two suburb medians at different vintages and is neither a lending assessment nor a recommendation for an individual household.