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The Best Places to Retire in Melbourne

The Best Places to Retire in Melbourne

Melbourne offers a variety of suburbs perfect for retirees, each with unique characteristics that cater to different lifestyles. From tranquil settings to vibrant communities, here are some of the best places to retire in Melbourne, highlighting each area’s amenities, cost of living, and demographics.


Camberwell is an inner-eastern suburb known for its beautiful parks, vibrant shopping precincts, and excellent healthcare facilities. The suburb offers a mix of modern amenities and charming heritage, making it an attractive location for retirees seeking a balance of convenience and tranquillity.

The cost of living in Camberwell is high, with housing prices being on the upper end. However, the suburb’s amenities, accessibility, and quality of life make it a worthwhile investment.

Camberwell has a diverse population, including a significant number of retirees who appreciate its peaceful environment and proximity to the city. The area also attracts families and young professionals, contributing to a lively and inclusive community.


Beaumaris, located along Melbourne’s southeastern coastline, is a picturesque suburb known for its beaches, parks, and relaxed lifestyle. Retirees are drawn to Beaumaris for its natural beauty, lovely beach, and friendly neighbourhood atmosphere.

The cost of living in Beaumaris is moderate to high, particularly for properties close to the beach. However, the serene environment and access to natural amenities provide excellent value for those looking for a coastal retirement.

The population in Beaumaris includes many retirees who enjoy the suburb’s laid-back lifestyle. The area also has a mix of families and professionals, adding to its community-oriented feel.


Ivanhoe is a leafy suburb in Melbourne’s northeast, renowned for its green spaces, historic architecture, and vibrant cultural scene. Retirees will find plenty of recreational activities, healthcare services, and community events to keep them engaged and active.

The cost of living in Ivanhoe is moderate, with housing prices reflecting its desirability and amenities. While it’s not the cheapest option, it offers good value for those seeking a well-rounded retirement location.

Ivanhoe’s population includes a blend of retirees, families, and young adults, creating a diverse and welcoming community. The suburb’s strong sense of history and community spirit is particularly appealing to retirees.

Mount Martha

Mount Martha, located on the Mornington Peninsula, offers a peaceful, coastal lifestyle with stunning bay views and a relaxed atmosphere. Retirees can enjoy the area’s beautiful beaches, walking trails, and wineries, making it a perfect spot for a leisurely retirement.

The cost of living in Mount Martha is moderate to high, especially for properties with water views. However, the lifestyle benefits and scenic surroundings provide excellent value for retirees.

Mount Martha is popular among retirees, families, and holidaymakers, creating a vibrant yet laid-back community. The suburb’s coastal charm and natural beauty make it a highly sought-after retirement destination.


Blackburn, situated in Melbourne’s eastern suburbs, is known for its lush greenery, parks, and tranquil environment. Retirees will appreciate the peaceful surroundings, excellent healthcare facilities, and strong community networks.

The cost of living in Blackburn is moderate, with housing prices being more affordable than inner-city suburbs. The suburb offers great value for money, particularly for those seeking a serene retirement location.

Blackburn’s population includes a mix of retirees, families, and young professionals, contributing to a diverse and friendly community. The suburb’s emphasis on nature and community activities makes it an ideal spot for retirees.


Sandringham is a coastal suburb in Melbourne’s southeast, renowned for its beautiful beaches, cafes, and relaxed lifestyle. Retirees can enjoy the suburb’s coastal charm, vibrant shopping areas, and excellent public transport links.

The cost of living in Sandringham is relatively high, particularly for properties near the beach. However, the scenic beauty and quality of life make it a worthwhile investment for retirees.

Sandringham attracts a diverse population, including retirees who appreciate its beachside location and community amenities. The suburb’s mix of families, professionals, and retirees creates a dynamic and welcoming environment.


Kew, located in Melbourne’s inner east, is known for its prestigious atmosphere, historic homes, and lush gardens. Retirees will find a wealth of amenities, including top-tier healthcare services, recreational facilities, and cultural activities.

The cost of living in Kew is high, with property prices reflecting its desirability and amenities. Despite the cost, the suburb offers a high quality of life and excellent retirement facilities.

Kew has a varied population, with many retirees enjoying its refined environment and proximity to the city. The suburb also attracts families and professionals, adding to its vibrant community feel.

Where’s Right for You?

There are countless options for retirees all over Melbourne; this list only scratches the surface. Don’t hesitate to contact us if you’re planning your retirement and want to ensure you can live comfortably and won’t outlive your money.

For something different, check out our article on the best places to retire on the Mornington Peninsula.

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