Best Investment Suburbs Under $400k in Victoria — 2026

Investing in Victoria doesn't require a massive budget. These suburbs offer strong rental yields at median prices under $400,000 — real opportunities for cashflow-focused investors.

Top 8 Suburbs Under $400k in Victoria

SuburbMedian PriceWeekly RentGross YieldVacancy Rate
1. Strathmerton$162,000$210/wk6.74%
2. Violet Town$290,000$250/wk4.48%
3. East Bairnsdale$335,000$250/wk3.88%
4. Yallourn North$297,500$220/wk3.85%1.1%
5. Nyah$315,000$210/wk3.47%
6. Ararat$377,000$250/wk3.45%
7. Maryborough$378,000$240/wk3.30%
8. Beaufort$395,000$250/wk3.29%

Why Lower-Price Suburbs Can Outperform

Lower entry prices relative to rents can produce gross yields of 6–10%+ that capital-city suburbs rarely match. The trade-off is typically slower capital growth — balance yield with vacancy rate as your demand proxy.

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