Cities/Melbourne

City guide

Best suburbs in Melbourne, VIC

A sprawling metro of established inner suburbs and fast-growing outer growth areas, known for strong school catchments and rental demand.

Covering 683 suburbs in Greater Melbourne.

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Top investor scores

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  1. 1CRAIGIEBURN 306485
  2. 2PAKENHAM 381084
  3. 3FRANKSTON 319981
  4. 4WERRIBEE 303080
  5. 5MELTON 333778
  6. 6POINT COOK 303077
  7. 7BROADMEADOWS 304776
  8. 8MELTON SOUTH 333876

Most liveable

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  1. 1WANTIRNA 315286
  2. 2SOUTHBANK 300686
  3. 3WANTIRNA SOUTH 315286
  4. 4FITZROY NORTH 306885
  5. 5WATTLE PARK 312885
  6. 6YARRAVILLE WEST 301384
  7. 7MIDDLE PARK 320684
  8. 8NORTHCOTE SOUTH 307083

Highest rental yield

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  1. 1DOCKLANDS 30088.0%
  2. 2MELBOURNE 30007.2%
  3. 3SOUTHBANK 30066.7%
  4. 4ST KILDA ROAD MELBOURNE 30044.4%
  5. 5ST KILDA ROAD CENTRAL 30044.4%
  6. 6MELBOURNE 30044.4%
  7. 7KALKALLO 30644.1%
  8. 8OFFICER 38094.1%

Best suburbs in Melbourne by category

💰 Highest rental yield🏡 Best for families🛡️ Safest suburbs🏫 Best schools📈 Highest growth🚶 Most walkable📊 Best to invest🏷️ Most affordable🚀 Up & coming

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Rankings generated from our suburb database. Figures may be modelled estimates — see Real/Est. labels on each suburb page. Data sources. Not financial advice.