Looking to invest in property in Victoria? With strong population growth, expanding infrastructure, and rising rental demand, the state continues to rank as one of Australia’s top destinations for residential property investment. Whether you’re a seasoned investor or just starting out, choosing the right location is essential for securing strong capital growth and healthy rental yields.
In this post, we explore Victoria’s top-performing suburbs for property investment in 2025, ranging from Melbourne’s booming growth corridors to thriving regional hubs. These areas are ideal for house and land packages and present long-term opportunities for savvy investors.
1. Werribee / Truganina (Western Growth Corridor – Melbourne)
Werribee and surrounding areas continue to attract attention from property investors due to their affordability and strategic location:
- Median house price: $600,000
- Average rental yield: 3.8%
- Key highlights: Werribee Plaza, new education facilities, and the $1 billion Wyndham City urban renewal project
Just 35km from Melbourne CBD, the Western Growth Corridor is perfect for investors seeking future capital growth backed by strong infrastructure plans.
2. Melton & Cobblebank (West Melbourne)
Melton and the emerging suburb of Cobblebank are investment favourites in the west:
- New Cobblebank Station improving connectivity
- Zoned for high-density residential and commercial growth
- House & land packages available under $700,000
With infrastructure backing and major developments underway, this is a key investment hotspot.
3. Lara (Geelong Region)
Situated between Melbourne and Geelong, Lara offers a strategic position for investors:
- Median house price: $720,000
- Low vacancy rates driven by strong demand
- Close to Avalon Airport and major employment zones
Lara offers a mix of capital growth potential and rental demand, especially among commuting professionals.
4. Thornhill Park (Outer West Melbourne)
Thornhill Park is a fast-growing suburb ideal for early-stage investors:
- Entry-level house & land packages from mid $600,000s
- Surrounded by new schools, parks and retail developments
- Easy access to the Western Freeway for city commuters
Families are flocking to Thornhill Park, making it an ideal location for long-term tenancy and growth.
5. Ballarat (Regional Victoria)
Ballarat is a booming regional city offering high rental returns and steady capital growth:
- Median house price: $550,000
- Major rail and infrastructure upgrades
- Growing health, education, and tech sectors
For investors seeking affordability and high demand, Ballarat is a smart choice with an established tenant base.
6. Clyde North & Cranbourne East (South-East Melbourne)
These popular south-east suburbs continue to attract investors:
- Strong population growth and family demographics
- Close to transport, shops, and schools
- Government investment in local infrastructure
These areas offer consistent rental income with homes that appeal to long-term tenants.
What Makes These Areas Investment Hotspots?
At House & Land Victoria, we identify suburbs with the highest investment potential using a data-driven approach focused on:
– Planned infrastructure: upcoming transport links, hospitals, and commercial precincts
– Rental demand: low vacancy rates and consistent tenant interest
– Affordability: below-median prices for higher ROI
– Liveability: local schools, parks, shops, and overall safety
Ready to Find Your Ideal Investment Property?
Our expert team can help you choose the right house & land package based on your investment goals. Whether you’re focused on capital growth, strong rental returns—or both—we’ll match you with opportunities in Victoria’s most promising suburbs.
Book a Free Discovery Call or get in touch for a tailored shortlist of properties that fit your strategy.
Note: Investment figures are current as of June 2025 and subject to change. Always seek independent financial advice before making investment decisions.
