As of May 17, 2026, potential home buyers in Melbourne earning the average wage can afford to purchase a house in several suburbs, particularly in the northern, western, and outer southeastern areas. According to recent data, the median house price in these regions remains below $1.3 million, making them accessible for buyers with typical incomes.
Key suburbs include those in Melbourne's growth corridors, such as Craigieburn, Werribee, and Cranbourne, where median prices range from $600,000 to $900,000. These areas offer more affordable options compared to inner-city suburbs, where median prices often exceed $1.5 million.
Real estate experts note that while interest rates have stabilized, affordability remains a challenge in many parts of the city. However, the availability of houses under $1.3 million in these suburbs provides opportunities for first-home buyers and families.
For accurate and current data, buyers are advised to consult local real estate agents and recent sales reports, as prices can vary based on property condition and location within each suburb.