Street view of small town Daylesford, Victoria, with roundabout and bar. Editorial credit: doublelee / Shutterstock.com

10 Best Towns In Victoria To Retire Comfortably

Victoria is located in southeast Australia, bordering both the Tasman Sea and the Indian Ocean. Its economy boomed in the 1960s, thanks to its role in the oil industry, and it remains a major contributor to the country's petroleum and natural gas sectors. It is also a diverse state with coastal shores and alpine plateaus. It is a popular destination for retirees, although with a state median price of $955,000, it can sometimes be challenging to find a home that balances affordability with ample opportunities to enjoy retirement. Still, these 10 towns and cities are popular and affordable destinations for retirees that still offer many amenities.

Sassafras

The quaint tourist country town of Sassafras in the Dandenong Ranges on a quiet winter's afternoon in Victoria, Australia.
The quaint tourist country town of Sassafras in the Dandenong Ranges on a quiet winter's afternoon in Victoria, Australia. Editorial credit: FiledIMAGE / Shutterstock.com

Small Sassafras is an enviable position in the state, just one hour outside of Melbourne. Situated among many destinations that attract residents who love spending time outdoors, homes here fall at a median price of AUD $940,000. Those moving to the area can look forward to spending time at nearby Silvan Reservoir Park, which borders the reservoir. Residents can head out to the reservoir for a day of barbecueing and walks within the eucalyptus forests. Closer to town, residents can stay active by strolling the trails of the nearby Alfred Nicholas Memorial Garden. The garden features walking trails that wind through the park, offering scenic views of waterfalls. RJ Hamer Arboretum is another popular spot where residents can enjoy time among ornamental willows and birches, where the trees display fiery crimson colors in the autumn.

Kyneton

Downtown Kyneton, Victoria, Australia.
Downtown Kyneton, Victoria, Australia.

Featuring homes with a median price of $825,000, the city of Kyneton is more affordable than most of the state. Just an hour outside of Melbourne, there is still plenty to do in town, especially for nature lovers. Malmsbury Botanic Garden and Lake is just north of town and features diverse plant collections, including strawberry trees and sugar gums. Residents can enjoy time along the Ornamental Lake or the fountain. Inside the town, residents can enjoy time at the Kyneton Mineral Springs. Residents can picnic at the Edwardian rotunda and sample the pumped mineral spring water, which some claim is a local secret to good health. A major draw for locals is the Kyneton Showgrounds, which hosts the Kyneton Agricultural Show, as well as local football and cricket clubs. Retirees in the area can count on the showgrounds for fun afternoons featuring local sporting events, livestock displays, baking contests, and more.

Clunes

View along one side Fraser Street of old buildings and nobody in historic gold town of Clunes.
View along one side Fraser Street of old buildings and nobody in historic gold town of Clunes.

Clunes is particularly popular for those prioritizing their budget, with a median home price of $520,000. Retirees here also value time outside, and commonly enjoy days strolling at Esmond Park. The park overlooks Clunes and features walking tracks that lead around picnic tables, providing a perfect view of the town. Those hoping to socialize and get to know their new neighbors over a round of golf can head ot the Clunes Golf Club. The club includes an 18-hole course, twilight 9-hole games, and hosts mixed competitions twice a week. New retirees to the area may want to learn more about the town at the Clunes Museum. The museum is housed in a former warehouse that has stood since 1860 and features exhibits that depict the town's history. Rooms recreate life in the 19th century for the miners who made the area home.

Apollo Bay

 Beach in the town of Apollo Bay, Victoria.
Beach in the town of Apollo Bay, Victoria. Image credit ben bryant via Shutterstock

Apollo Bay homes are situated alongside the bay and offer lovely coastal views at just a median price of $890,000. Residents have easy access to the bay through Apollo Bay Beach, allowing for casual strolls along the water and weekends spent swimming or boating. Not far away, the Apollo Bay Community Hall unites residents with local artisans. New residents have the opportunity to socialize while exploring the various exhibits or participating in yoga classes. Yet another chance to socialize with neighbors is at the Shrub Club Community Nursery. Both beginner and veteran volunteers contribute to the growth of native plants at various plots throughout the nursery.

Healesville

Overlooking Healesville in Victoria, Australia.
Overlooking Healesville in Victoria, Australia.

The small town of Healesville is renowned as a scenic wine hub, boasting homes with a median price of $800,000. Retirees to the area will be able to take advantage of many surrounding wineries, such as the TarraWarra Yarra Valley Winery. A day at the winery includes pairing a glass of wine alongside dinner while enjoying live ensemble concerts. Those who want to stay active in retirement can head to Maroondah Reservoir Park, which sits alongside the reservoir. The park is an ideal spot for enjoying waterfront walks before enjoying an afternoon picnic. Those hoping to get active in their new community will want to look to the Lions Club Hall, which consists of volunteers who support the creation of local shelters and the enhancement of public spaces, while also enjoying events such as trivia nights and book fairs.

Castlemaine

Aerial view of Castlemaine Botanic Gardens and Lake Joanna in central Victoria.
Aerial view of Castlemaine Botanic Gardens and Lake Joanna in central Victoria. Image credit Paul Harding 00 via Shutterstock.com

Those moving to Castlemaine will enjoy many natural spaces and homes that are available for as little as $752,500. Castlemaine Botanical Gardens are the perfect destination for those who want to walk beneath the shade of oak and pine trees that surround Lake Joanna. These gardens are ideal for getting outdoors each day. Those who want to stay even more active will want to visit Kalimna Park, a nearby bushland reserve. The Kalimna North Circuit leads hikers over nearly four miles of land, though shorter loops are also available in the park. For those who want to tee off with new friends, the Castlemaine Golf Club features an 18-hole grass course where keen-eyed golfers can also spot kangaroos and echidnas.

Port Fairy

Moyne River in Port Fairy, Victoria, Australia.
Moyne River in Port Fairy, Victoria, Australia.

Port Fairy is appropriately located on Port Fairy Bay, which still features homes that fall under the state median, at $857,500. New residents will undoubtedly want to head to Griffiths Island Reserve for some of the finest sights in the city. Residents can enjoy the Moyne River as they make their way to Griffiths Island Lighthouse, a historic structure that has stood since 1859. Those hoping to become active in the community will want to visit the Community House, which hosts community markets, women's weekends, art workshops, and more. Of course, retirees moving to the area are likely doing so partly for the coastal views, and East Beach is perfect for a relaxing afternoon. It appeals to residents of all ages, with gentle waters ideal for swimming and numerous areas to sunbathe or take a leisurely walk.

Beechworth

Downtown Beechworth, Victoria, Australia.
Downtown Beechworth, Victoria, Australia. Image credit Nils Versemann via Shutterstock

The town of Beechworth is preferred by those who want to enjoy plenty of outdoor activities, and boasts homes with a median price of just $790,000. Beechworth surrounds the Lake Sambell Reserve, which is just minutes away from the center of town. Walking trails surround the reserve, allowing residents to take daily walks before heading into town for lunch. Residents may want to enjoy time at nearby Pennyweight Winery. Open daily for tastings, the winery is conveniently located along the Beechworth Rail Trail, a popular cycling route. Senior retirees relocating to the area, hoping to connect with their new community, might want to visit the Beechworth Senior Citizens Club. The club hosts a variety of activities, including line dancing, crafting, table tennis, yoga, and more.

Daylesford

 Lake Daylesford in Daylesford, Victoria.
Lake Daylesford in Daylesford, Victoria.

Daylesford is a small town that is ideal for those who enjoy small communities, boasting homes with a median price of $810,000. Lake Daylesford is situated in the center of town and is surrounded by popular outdoor spots, including Daylesford Park and the Lake Daylesford Gardens. The Peace Mile walk takes guests around the lake, perfect for those who want lovely daily walks while enjoying the natural sights of the gardens. Art lovers will enjoy several galleries in the heart of town, such as Thirteen 05 Gallery. Residents will find sculptures alongside paintings and rotating collections. Residents also enjoy a unique annual event known as the Daylesford Highland Gathering, where pipers march through the grounds of Victoria Park. Events include Scottish country dancing and the Highland Heavy Events, where competitors attempt sports like the heavy hammer throw.

Maldon

 Kangaroo Hotel, one of several historic pubs in Maldon, Victoria, Australia.
Kangaroo Hotel, one of several historic pubs in Maldon, Victoria, Australia. (Editorial credit: Paul Harding 00 / Shutterstock.com.)

Maldon is a very small town that enjoys homes with a median price of $739,000. As a destination for those who enjoy small-town living, Maldon features distinct outdoor destinations and friendly community events. The nearby Butts Reserve is a free campground alongside Mt. Tarrengower, where residents can spend their days birdwatching, hiking, or cooking up a weekend meal over a wood-fired barbecue. Retirees hoping to connect with their new neighbors may want to visit the Maldon Community Centre. The centre hosts the Maldon Community Lunch, an affordable two-course meal that brings together members from throughout town with an emphasis on good food and conversation. Nearby, the Maldon Racecourse Reserve hosts various events, including the Maldon Agricultural Show. The show has been operating since 1885 and continues to bring the community together for horse events, dog shows, and a chance to purchase arts and crafts.

So Many Places To Call Home

Victoria is a diverse state featuring towns and cities packed with things to see and do. Residents can look forward to beachside walks along Port Fairy Bay, volunteer activities at the Lions Club, or rounds of golf at Castlemain Golf Club. No matter what you are looking for, you can find it in Victoria. If you are thinking about retiring to the area, put one of these 10 towns at the top of your list!

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