Affordable Suburbs in Victoria Where You Can Build Your Dream Home

Searching for an affordable home that meets all your needs? Consider the benefits of building new in a well-priced area. Whether you're a first-time buyer or looking for your next property, building a new home has many advantages over purchasing an existing one, offering modern features, energy efficiency, and a home built exactly to your specifications.

House and land packages present an economical path into home ownership, giving you the flexibility to choose a design that matches your lifestyle and budget. Across metropolitan and regional Victoria, there are great locations where you can secure land and construct your ideal home within budget.

Explore our top 5 suburb picks in Victoria where you can find quality house and land packages for $700K* or less.

1 - Armstrong Creek

Victoria's Perfect Blend of Modern Living and Natural Beauty

Just a short drive from the vibrant city of Geelong and Victoria’s scenic coastline, Armstrong Creek is a thriving suburb offering the ideal mix of modern living and natural charm. Located only 11 km south of Geelong’s CBD and around 90 km southwest of Melbourne, it provides convenient access to both city amenities and beautiful coastal getaways.

As one of the fastest-growing suburb in Victoria, Armstrong Creek is part of a major urban growth area, featuring new housing developments, schools, and bustling retail precincts. With lush, green spaces winding through the suburb, residents enjoy scenic views and plenty of outdoor activities right at their doorstep. Well-connected road networks and public transport links make commuting to Geelong, Melbourne, and the Surf Coast easy and efficient.

The real estate market in Armstrong Creek is booming, offering a wide range of housing options to suit different lifestyles and budgets. From contemporary townhouses and spacious family homes to stylish apartments, Armstrong Creek has something for everyone.

2 - Clyde North

The Perfect Blend of Nature, Community, and Modern Convenience

Clyde North is renowned for its tranquil environment and welcoming, family-friendly atmosphere. Surrounded by beautiful landscapes, the area features picturesque parks, wetlands, and plenty of walking trails, creating a vibrant community space where residents of all ages come together for recreation and relaxation. With local amenities such as Eliston Kindergarten, Clyde Creek Primary School, Maternal Health Centre, and Clyde Secondary College within walking distance, Clyde North offers education and health options for all ages just steps from home.

The community’s commitment to sustainable landscaping shines through, with award-winning designs and thousands of native plants creating an environment that’s both beautiful and friendly to local wildlife. Clyde North offers a range of residential options, from modern homes to charming country-style estates, catering to diverse lifestyles. Nearby shopping centres and local eateries add convenience and vibrancy, making daily life a breeze. This blend of natural beauty, modern amenities, and a close-knit community makes Clyde North an ideal place to call home.

3 - Donnybrook

Where Country Living Meets City Convenience

Experience the charm of country living in Melbourne’s north with Donnybrook a community that perfectly balances the best of city access and peaceful rural surroundings. For homebuyers, Donnybrook offers an exceptional opportunity to trade the busy city life for a slice of paradise. From golfing and dining to outdoor adventures and family-friendly activities, Donnybrook has something for everyone just minutes away.

The area’s ideal location makes commuting a breeze, with Donnybrook Railway Station just 3 km away, where a quick V-Line train can take you to the CBD in around 35 to 45 minutes. Whether you're dreaming of a spacious family home or a cosy retreat, Donnybrook’s variety of land options cater to diverse preferences and budgets. Enjoy the natural beauty of the surrounding landscapes, all while staying close to schools, local amenities, and entertainment options. Donnybrook offers the perfect escape from city life without sacrificing convenience.

4 - Wonthaggi

Coastal Charm Meets Modern Convenience

Wonthaggi, Victoria, is a delightful coastal town that combines natural beauty, strong community spirit, and everyday convenience. Located in the Bass Coast, Wonthaggi provides a relaxed lifestyle surrounded by stunning scenery, from rugged coastlines to lush bushland.

Discover Wonthaggi’s rich history, unwind in cosy cafes, or explore wetlands teeming with birdlife. Enjoy a rural ambiance with rolling hills nearby and easy access to the beach. For outdoor enthusiasts, Wonthaggi marks the beginning of the Bass Coast Rail Trail—a scenic route perfect for walking and cycling through some of Gippsland’s most beautiful landscapes.

This welcoming town offers excellent amenities, including quality schools, healthcare facilities, and shopping centres, making it ideal for families, retirees, and professionals alike. With a vibrant local arts scene, endless outdoor activities, and close proximity to Melbourne, Wonthaggi truly offers the best of both worlds: a peaceful, close-knit community with all the benefits of modern living.

5 - Echuca

A Riverfront Gem Offering the Best of Country Living

Set along the scenic banks of the Murray River, Echuca offers an idyllic lifestyle with a warm, sunny climate and a thriving economy. Here, residents can escape the hectic pace of city life and the daily rush-hour grind, trading it in for a relaxed, country lifestyle that doesn’t sacrifice convenience.

Echuca and the greater Loddon Mallee Region boast a fantastic selection of cafes, restaurants, pubs, clubs, and shopping options, along with regular markets and unique attractions. Known for its vibrant social calendar, the town hosts popular events like the Southern 80 Ski Race and the Echuca-Moama Winter Blues Festival, which foster a strong sense of community and shared enjoyment.

For those who enjoy the outdoors, Echuca offers endless recreation: cruise the Murray on a historic paddle steamer, tour nearby wineries, or enjoy fishing, canoeing, and water-skiing—all just minutes from home. Echuca’s welcoming atmosphere and close-knit community make it a fantastic place for families and individuals alike.

Investing in residential land here is a smart move, with the town’s growth supported by government investment and a flourishing local community, setting a solid foundation for rising property values and a promising future.