Victoria's 10 Best Retirement Towns Ranked
Retirement is a time to relax and embrace life, and Victoria is home to some of Australia’s best towns for retirees. Whether it’s the coastal appeal of Port Fairy, with its historic cottages and active arts community, or the riverside charm of Yarrawonga along Lake Mulwala, Victoria caters to a variety of lifestyles.
With its diverse landscapes, supportive communities, and high quality of life, the state provides a combination of relaxation and engagement. In this guide, we’ve ranked 10 standout towns in Victoria to help you find your next home.
Leongatha
Leongatha is an excellent choice for retirees seeking affordability and convenience. With housing prices averaging around $580,000 and lower living costs compared to larger cities, everyday expenses like groceries and utilities are more manageable. The town’s compact layout makes it easy to get around on foot, while senior-friendly public transport and ride-sharing options offer added accessibility. A low crime rate further enhances its appeal.
Healthcare access is a major advantage, with Gippsland Southern Health Service (GSHS) Leongatha Hospital providing reliable care, including an Urgent Care unit. Latrobe Community Health Service also offers specialized support tailored to seniors’ needs.
Leongatha offers a fulfilling retirement lifestyle with a range of activities and amenities. Mountain View Leongatha provides boutique retirement living, and the town's Senior Citizens Centre hosts workshops, fitness classes, and group outings to keep residents engaged. But that's not all. Outdoor enthusiasts can enjoy the Great Southern Rail Trail, Mossvale Park, and nearby wineries, while art lovers will appreciate the Leongatha Gallery and a peaceful picnic next to the iconic Lennie Gwyther Statue.
Port Fairy
Port Fairy is a standout coastal town for retirees, offering a strong sense of community and a relaxed way of life. While not the most affordable option, it’s still more cost-effective than major cities, with manageable housing and living expenses for those with a comfortable retirement fund.
Neighbors look out for one another in Port Fairy, enhancing the town's feeling of safety, and social and recreational opportunities abound. The Port Fairy Community House hosts workshops, markets, and a community garden, and U3A Port Fairy organizes classes and activities to keep residents engaged. Those who appreciate the outdoors will enjoy walks to Griffiths Island Lighthouse or a visit to the local golf course. Creative types will appreciate the thriving artistic scene, while festivals such as the Port Fairy Folk Festival bring energy and entertainment.
Healthcare is another key strength, with Moyne Health Services providing comprehensive support. Facilities like Belfast House and Moyneyana House deliver residential care tailored to individuals as well as programs for social engagement.
Echuca
Echuca offers retirees affordability and convenience in a riverfront town. The cost of living is lower than in larger cities, with median house prices around $550,000 and savings on everyday expenses like groceries and utilities. Quality healthcare is provided by Echuca Regional Health, which supports the community with a range of medical services and senior-focused programs. Additionally, aged care facilities such as Wharparilla Lodge cater to those needing extra assistance, with specialized care and activities.
Safety is a standout feature of Echuca, with low crime rates and initiatives like Neighbourhood Watch creating a secure environment. Social connections are easy to build through local groups like Echuca-Moama U3A and the Echuca Neighborhood House, both of which organize workshops, learning opportunities, and events.
Nature lovers can take advantage of the Murray River, where walking paths and parks provide spaces for relaxation. History enthusiasts can visit the Port of Echuca, while establishments like The Foundry Arts Space appeal to those with creative interests.
Castlemaine
Castlemaine offers a mix of affordability, community, and natural beauty, making it a great option for retirees. With median house prices around $750,000—lower than Melbourne’s $900,000—retirees can downsize or embrace a laid-back lifestyle while preserving their savings. The town also fosters a strong sense of community, with groups like Castlemaine U3A hosting workshops and events, and the Senior Citizens Centre offering plenty of engaging activities.
Nature and history enthusiasts will find plenty to enjoy in Castlemaine. Start your day with a peaceful walk or birdwatching at the serene Botanical Gardens. Love treasure hunting? The Vintage Bazaar is perfect for antiquing. History buffs can visit the Buda Historic Home and Garden, which combines art, history, and relaxation. Its stunning grounds are ideal for a leisurely picnic.
Healthcare is well-covered, with Castlemaine Health Hospital providing reliable medical services tailored to seniors. For those seeking additional care, Ellery House offers personalized support in a friendly and social environment.
Warrnambool
Warrnambool stands out as a retirement destination on Victoria’s southwest coast, providing a relaxed lifestyle and affordable living. With average home prices under $600,000, it’s an excellent choice for retirees looking to manage their finances while maintaining a high standard of living.
The city’s infrastructure is well-organized, with reliable public transport and walkable neighborhoods making it easy to get around. Healthcare options are comprehensive, with South West Healthcare offering aged care, allied health programs, and specialist clinics to meet a variety of needs.
Warrnambool has a strong sense of community. Retirement villages such as Gillin Park help foster connections, while local clubs and centers organize activities including fitness classes, art lessons, and group outings. For those who appreciate nature, there are coastal views, walking trails, and the chance to spot whales at Logan’s Beach. History enthusiasts can visit Flagstaff Hill Maritime Village, which showcases the city’s rich seafaring heritage through engaging exhibits.
Yarrawonga
Located along Lake Mulwala, Yarrawonga is a top retirement destination for seniors seeking a calm yet engaging lifestyle. With an average house price of $635,000 and lower living expenses compared to larger cities, it provides financial reassurance. Housing options range from simple homes to senior living communities like Bentley Wood-Yarrawonga, which offers comfortable and supportive retirement living with a strong focus on community and connection.
The town has plenty of activities to keep retirees active. The Yarrawonga Senior Citizens Club hosts events like bingo, crafts, and group lunches, while the Seniors Wednesday Activity Group provides opportunities for conversation over tea. Lake Mulwala is a popular spot for fishing and birdwatching, with walking tracks and green areas for those staying physically active.
Healthcare is readily accessible in town. Yarrawonga Health delivers quality care while MHA Care supports seniors with home help, meal delivery, and group programs designed to promote independence.
Shepparton
Shepparton is a wonderful option for retirees looking for a relaxed, community-centered lifestyle. Known for its agricultural roots and fabulous downtown area, this sweet locale combines practicality and affordability, with average housing prices around $450,000—making it an excellent choice for retirees on a budget.
Healthcare is well-supported, with Goulburn Valley Health providing comprehensive medical services, while local aged care facilities like Shepparton Villages offer trusted support nearby. Plus, retirees can stay active and social at the Shepparton Senior Citizens Centre, which organizes workshops, events, and activities.
Nature enthusiasts will appreciate Shepparton’s parks and green spaces, including Victoria Park Lake and the Goulburn River, which are great for walks, picnics, and unwinding outdoors. The town also has a lively arts and cultural scene, featuring the Shepparton Art Museum (SAM) and regular farmers’ markets with fresh local produce, providing plenty of ways to connect with the region’s creativity and flavors.
Torquay
Set along Victoria's coastline, Torquay provides retirees with a laid-back seaside lifestyle. Known for its renowned beaches and relaxed atmosphere, this town balances tranquility with convenience. While living costs reflect its coastal appeal, it remains more affordable than Melbourne. Retirees can choose from a variety of housing options, including retirement communities like Star of the Sea or smaller homes to suit different budgets.
The town stands out for its coastal surroundings and dynamic community. From walking the Surf Coast Walk and visiting the nearby Breamlea Flora and Fauna Reserve to spending time at Torquay Foreshore Reserve, there’s plenty to do. Local hubs like Torquay Community House organize wellness programs, art workshops, and events for retirees to stay engaged and connected.
Healthcare in Torquay is dependable, with the Torquay Medical Health & Wellness Clinic offering general and specialized care. For advanced medical needs, such as cardiology or cancer treatments, Epworth Geelong Hospital is just a short drive away.
Golden Beach
Golden Beach, located along Ninety Mile Beach in Gippsland, offers a peaceful seaside retreat, perfect for retirees seeking a slower pace of life. With long stretches of untouched coastline and a relaxed atmosphere, it’s an ideal escape from busy city living.
Housing in Golden Beach is affordable, with median house prices around $400,000 and rentals under $300 per week. Accommodation options range from charming beachside cottages to modern homes, catering to various preferences and budgets.
The town has a close-knit community, with the Golden Paradise Beach Senior Citizens group hosting social events, activities, and support services for retirees. For outdoor enthusiasts, the area offers plenty to enjoy, including fishing, beachcombing, birdwatching, and exploring Gippsland Lakes Coastal Park.
While healthcare services in Golden Beach are limited, the nearby town of Sale, just a 30-minute drive away, provides access to general practitioners, specialist clinics, and Central Gippsland Health Hospital.
Deciding on a retirement location depends on personal priorities, but Victoria provides many towns suited to different lifestyles. Whether it’s the coastal setting of Torquay, known for its beaches and surf culture, or the laid-back vibe of Golden Beach, there are options for everyone. These towns, along with others like Echuca, combine practical amenities, natural surroundings, and social opportunities designed to enhance retirement living. Whatever you’re searching for, Victoria has a retirement destination to match your needs.
