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Melbourne is a city with an artistic and bohemian vibe. However, it is its highly regarded educational institutes, entertainment hubs, and relaxed cafe lifestyle which draws investors and owner-occupiers to purchase house and land in Melbourne.


Melbourne is the capital city of the state of Victoria on Australia’s eastern seaboard. The second most populous city in the country it spans an urban area of 9,900km². Melbourne is considered a leading financial centre within Australia and the Asia-Pacific region, and is often ranked in the top five most liveable cities of the world according to the Economist Intelligence Unit.

A massive sporting city, anyone looking to buy house and land in Melbourne will be truly delighted to discover it is also rated highly in the areas of education, entertainment, healthcare, research and development, and tourism. There is so much to love about living or investing in Melbourne.

Located on the Bay of Port Phillip, Melbourne is close to many natural wonderlands of Victoria. The metropolitan area extends along the eastern and western shorelines of Port Phillip expanding into the hinterlands. On the outskirts of Melbourne’s metropolitan area are the Dandenong and Macedon mountain ranges, Mornington Peninsula and Yarra Valley. There are 30 municipalities in the Melbourne region, plus the CBD within the region known as the City of Melbourne.

With a population of 4.25 million people, Melbourne is the fastest growing population of Australia’s capital cities. This has seen many new developments to cater for housing in the region, with high-density housing zones and the release of luxury property estates with house and land packages on the outskirts of the metropolitan area.

Australia's cultural capital, Melbourne truly is an internationally acclaimed city for performing and visual arts. Its history in the arts industry extends across dance, film and visual arts, and in more recent years, it has received notoriety for its street art and contribution to literature. Melbourne boasts many of Australia’s most well established cultural institutions including the Australian Centre for the Moving Image, the Melbourne Cricket Ground, Melbourne Museum; Melbourne Zoo, the National Gallery of Victoria and the UNESCO World Heritage-listed Royal Exhibition Building. Buying house and land in Melbourne gives you access to the best arts community Australia has to offer.

Melbourne is a well structured city for transportation and roadways. When you buy a new house and land in Melbourne, this well connected city will have you getting where you need to go without trouble. With trains, trams, buses and ferries available to use around the city, commutes are painless. Melbourne airport facilitates both domestic and international travel, and the Port of Melbourne is Australia's busiest seaport for cargo. From Melbourne’s CBD, locals and visitors can travel within Melbourne’s borders, or utilise the regional train and coach network which is based out of Southern Cross Station.

Melbourne’s history is rich with a multicultural heritage. It is home to the largest portion of Greek population in Australia, and has a large European and Asian demographic. The major benefits of this diversity are seen in the vibrant village vibe of many suburbs across Melbourne, with a reputation for Melbourne cafes having the best coffee in the world. Food and cafe lifestyle is a focus across the state when you buy house and land in Melbourne, you will be sure to have all the spoils of regional artisan food, coffee and wines right on your doorstep.

The economy of Melbourne is diverse. With strengths in finance, manufacturing, research; IT, education, logistics; transportation and tourism, the employment opportunities are varied. Many of Australia's largest corporations choose Melbourne for their headquarters due to the lower cost of living in comparison to Sydney, and residents reap the rewards for careers in Australian businesses. Companies based in Melbourne include ANZ, BHP Billiton (the world's largest mining company), the National Australia Bank and Telstra.

Attractions in Melbourne are popular for locals and visitors to the city. With sites including Federation Square, Queen Victoria Market, Crown Casino; Southbank, Melbourne Zoo, Melbourne Aquarium; Docklands, National Gallery of Victoria, Melbourne Museum; Melbourne Observation Deck, Arts Centre Melbourne, and the Melbourne Cricket Ground, there is plenty to do and see in this big city. Buying house and land in Melbourne will give you year round access to visit all of the many tourist hotspots of the region.

Melbourne is known for its beautiful historic terrace houses, Victorian Mansions and Edwardian architecture, yet the city has seen an increase in development of modern high density housing and land releases of house and land packages. With suburbs like Docklands holding the majority of skyrise apartments, and the outer regions of South East Melbourne home to property estates, the diversity of accommodations in Melbourne suit all demographics which come to settle in this city.

Known for its changeable weather conditions, Melbourne has a moderate oceanic climate and is often compared to England’s environment. With six monthly average temperatures in winter hovering below 20 degrees and summers over 20 degrees, the city also experiences extreme highs and lows which contribute to its reputation for having all seasons in one day.

However, these climate variations do not stop Melbournites from enjoying their many favourite sporting pastimes and whether you like to get in on the field or watch from the stands, there is a sport for you when you buy house and land in Melbourne. The city hosts some of the world’s best international sporting events including the Formula 1 Australian Grand Prix and Australian Open Tennis. While local sporting events still draw a crowd including Australian Rules Football (AFL) at the MCG, the annual Boxing Day Test cricket and of course the Melbourne Cup Carnival – the Australia’s most prestigious horse racing event.

The opportunity to buy house and land in Melbourne is being snapped up by investors and new home owners alike. With many benefits to living in Melbourne, the growing population demand new housing and the State Government are listening. Whether you want to explore the potential for a new investment property, or desire a house and land package which you can call your new home, the team at iBuyNew are well positioned to assist you. Call our office on 1300 123 463, or use the contact form on this page, and we will work with you to find the best opportunity for your property purchase.

Melbourne has many attractions as a location for a new house and land package; however, there are also opportunities in Australia’s other great cities. View the full range of house and land packages in Australia today.