8 Best Places To Retire In Victoria
Retirement is more than an end—it’s the beginning of a new chapter filled with choice, freedom, and the pursuit of an ideal lifestyle. Victoria, with its diverse landscapes and vibrant communities, offers some of the best places to settle down and savor this stage of life.
From towns rich in gold rush history to quiet coastal escapes and thriving rural hubs, each destination belnds affordability, amenities, and charm. Whether you're seeking ocean views, artistic culture, or peaceful green spaces, this list of the eight best places to retire in Victoria will help you find the perfect spot to write your next chapter.
Leongatha
Leongatha, located in South Gippsland, approximately 135 kilometers southeast of Melbourne, is a rural town known for its dairy industry and agricultural heritage. It serves as the gateway to Wilsons Promontory National Park, a popular natural attraction. The town offers a median house price of approximately AUD 570,000, making it an affordable option for retirees seeking a peaceful lifestyle within reach of natural beauty and local amenities.
The Great Southern Rail Trail, a scenic route for walking and cycling, is a major draw for those who enjoy outdoor recreation. Mossvale Park hosts community events and concerts, providing social engagement opportunities. For dining, options include Mighty Cafe in Leongatha, a popular spot known for its excellent coffee, hearty breakfasts, and warm atmosphere.
Colac
Colac, located in the Western District of Victoria, is known for its volcanic plains and agricultural significance; the town is surrounded by fertile farmland and offers a median house price of approximately AUD 480,000.
The Colac Botanic Gardens, designed by landscape gardener William Guilfoyle, provide a tranquil setting for walking and picnicking. The Colac Heritage Precinct features historical buildings and local history exhibits. For dining, Fusion Restaurant serves diverse cuisine, while Beeac’s Farmers Arms Hotel, a short drive away, is popular for its hearty meals. Retirement options include Mercy Place Colac, which offers extensive aged care services and a welcoming community.
Ballarat
Ballarat is Victoria's third-largest city, known for its significant role during the Australian gold rush. Its rich history is reflected in well-preserved Victorian architecture and the famous Sovereign Hill, an open-air museum that recreates the 1850s gold mining town. The city’s median house price is about AUD 540,000, offering a more affordable option for retirees.
The Art Gallery of Ballarat, Australia's oldest and largest regional gallery, features extensive collections of Australian art. The Ballarat Botanical Gardens offer a peaceful environment ideal for leisurely walks among heritage-listed statues and seasonal flora. For dining, Oscars Hotel and Café Bar on Doveton Street provides a sophisticated menu in a historic setting. Retirees considering residential options can explore the Country Club Villages Hemsley Park, a top-rated retirement village.
Bendigo
Bendigo, located in the heart of Victoria's Goldfields region, about 150 kilometers northwest of Melbourne, is celebrated for its grand Victorian architecture and rich gold mining history. It became one of Australia’s major gold mining sites in the 1850s. Today, Bendigo's vibrant community and cultural heritage, combined with a median house price of around AUD 600,000, make it the place to be.
The Bendigo Art Gallery, one of Australia’s oldest and most prestigious regional galleries, hosts significant international exhibitions. The Golden Dragon Museum provides insights into the city’s Chinese heritage and the history of the goldfields. For outdoor enthusiasts, the Rosalind Park offers beautifully landscaped gardens. Dining options include The Dispensary Bar & Diner, known for its refined menu and vintage charm. Retirement living is well catered for at the Bendigo Retirement Village, offering comprehensive facilities and a supportive environment, enhancing the retirement experience for its residents.
Geelong
Geelong, located along Corio Bay, is Victoria's second-largest city, and is known for its wool industry heritage. The city’s median house price is approximately AUD 700,000, making it a desirable location for retirees seeking a blend of city and seaside life.
The Geelong Gallery, established in 1896, features a collection of Australian and international art, providing cultural enrichment and regular senior-focused events. Eastern Beach offers scenic coastal walks and landscaped gardens ideal for leisurely days out. For dining, seniors can visit the popular Wharf Shed Café, offering waterfront views and a diverse menu. Retirement living options such as the Mercy Place Rice Village provide comprehensive care and community activities.
Port Fairy
Port Fairy, located at the end of the Great Ocean Road, is a quaint coastal town in Victoria, famous for its maritime history and charming 19th-century cottages. Once a bustling whaling and sealing port, it now stands as a preserved example of early Victorian architecture and has a median house price of approximately AUD 800,000.
The Port Fairy Historical Society Museum showcases local history through artifacts and photographs, catering to those interested in the town's heritage. Griffiths Island, accessible via a walking path, provides a serene environment for bird watching and leisurely walks, with the lighthouse offering picturesque views. Culinary needs are well served by restaurants like The Stag, which features local seafood and produce. For those considering retirement living, Belfast House provides excellent facilities and community integration, enhancing the appeal of retiring in this peaceful town.
Castlemaine
Castlemaine's preserved 19th-century architecture and lush, tree-lined streets attract retirees drawn to its historical charm and cultural richness. Castlemaine's median house price is around AUD 740,000.
Castlemaine provides ample opportunities to engage in both cultural activities and relaxed living. The Castlemaine Art Museum, known for its collection of Australian art and historical items, serves as a cultural hub. The Theatre Royal, established in 1854, offers a range of live performances, from local plays to concerts. For dining, The Public Inn on Mostyn Street features locally sourced ingredients and a fine selection of wines. Castlemaine also hosts Thompson's Foundry Band, one of Australia's oldest brass bands, providing regular concerts. Retirement options include The Paddock Eco Village, which focuses on sustainable living and community-oriented lifestyles, making it an appealing choice for environmentally conscious retirees.
Warrnambool
Warrnambool, located on Victoria's southwest coast, is another oasis at the end of the iconic Great Ocean Road. Known for its dramatic coastline and as a prime spot for whale watching, Warrnambool offers a blend of natural beauty and urban amenities. The town’s median house price is approximately AUD 580,000,
The Flagstaff Hill Maritime Village showcases the region’s rich maritime history with interactive exhibits and the famous Shipwrecked Sound and Light Show. Lake Pertobe Adventure Park offers walking trails and picnic spots, ideal for a day outdoors. Dining options include Proudfoots by the River, located on the Hopkins River, which serves local seafood. For retirement living, Mercy Place Warrnambool provides comprehensive care and a community atmosphere.
Retirement in Victoria presents a unique opportunity to select a location that aligns with personal preferences for lifestyle, affordability, and access to essential services. The towns highlighted in this list have been chosen based on key factors such as median house prices, availability of retirement facilities, and access to cultural, recreational, and social amenities. These considerations ensure a retirement setting that supports both physical well-being and social engagement. By evaluating these towns, prospective retirees can make informed decisions about where to spend their later years in an environment that fosters a fulfilling and sustainable quality of life.
