Top Affordable Retirement Destinations in Victoria

Retiring in Victoria offers a blend of coastal charm, cultural richness, and affordability.

Here are some top destinations that cater to retirees looking for a fulfilling lifestyle without breaking the bank.

Warrnambool

Located on Victoria's southwest coast, Warrnambool is renowned for its stunning coastline and vibrant community.

With a median house price of approximately AUD 580,000, it offers a balance between affordability and amenities.

Retirees can enjoy whale watching at Logans Beach, explore the Flagstaff Hill Maritime Village, or relax at Lake Pertobe Adventure Park.

Colac

Situated in the Western District, Colac boasts a median house price of around AUD 480,000.

The town is surrounded by fertile farmland and offers attractions like the Colac Botanic Gardens and the Colac Heritage Precinct.

Dining options such as Fusion Restaurant provide diverse cuisine, while Mercy Place Colac offers comprehensive aged care services.

Ballarat

As Victoria's third-largest city, Ballarat combines rich history with modern amenities.

With a median house price of about AUD 540,000, it remains an affordable option.

Retirees can explore the Art Gallery of Ballarat, stroll through the Ballarat Botanical Gardens, or visit the famous Sovereign Hill.

Benalla

Benalla offers well-priced homes with a median sale price of AUD 480,000.

Retirees can enjoy the Benalla Art Gallery, located in the Benalla Botanical Gardens, and participate in local theater productions by the Benalla Theatre Company.

Lakes Entrance

Known for its coastal beauty, Lakes Entrance has a median sale price of AUD 500,000.

Retirees can engage in fishing, boating, and enjoy the local seafood cuisine.

These towns exemplify Victoria's commitment to providing retirees with affordable living options without compromising on lifestyle and community engagement.

Whether you're drawn to coastal views, cultural experiences, or a peaceful countryside, Victoria has a place for every retiree.