Skip to content

The Best Suburbs for Young Professionals in Melbourne

The Best Suburbs for Young Professionals in Melbourne

Here’s a look at some of the best suburbs for young professionals in Melbourne.

With its vibrant culture, diverse job market, and an array of lifestyle options, Melbourne is a top destination for young professionals.

Choosing the right suburb can make a significant difference in your work-life balance and overall happiness.

Richmond

Proximity to the CBD

Richmond is a stone’s throw away from Melbourne’s Central Business District (CBD), making it an ideal location for professionals who work in the city. The suburb is well-serviced by public transport, including multiple train lines, trams, and buses.

Lifestyle and Amenities

Richmond is known for its lively atmosphere, with plenty of cafes, restaurants, bars, and shops. The area boasts an exciting mix of Victorian-era homes and modern apartments, catering to diverse tastes. The Yarra River and nearby parks provide green spaces for outdoor activities.

Cost of Living

While Richmond is one of the more expensive suburbs, the convenience and lifestyle benefits often justify the higher cost for young professionals.

Fitzroy

Proximity to the CBD

Just north of the CBD, Fitzroy is easily accessible by tram and bike, making it perfect for those who prefer a quick commute.

Lifestyle and Amenities

Fitzroy is Melbourne’s artistic and cultural heart, with a plethora of galleries, street art, live music venues, and eclectic eateries. Brunswick Street is a major drawcard, offering a variety of dining and shopping options.

Cost of Living

Fitzroy offers a range of housing options from converted warehouses to modern apartments. While rents can be high, the vibrant community and unique lifestyle can make it worthwhile for those looking for a high quality of life and convenience.

St Kilda

Proximity to the CBD

St Kilda is about 6 kilometres from the CBD and is well-serviced by trams, making commuting straightforward.

Lifestyle and Amenities

St Kilda is known for its beachside vibe, with attractions like St Kilda Beach, Luna Park, and the St Kilda Esplanade Market. It’s a great spot for those who love the beach and a lively social scene.

Cost of Living

Housing in St Kilda ranges from historic apartments to modern units. While it’s not the cheapest suburb, the beach lifestyle and vibrant atmosphere offer great value.

Brunswick

Proximity to the CBD

Located just 5 kilometres north of the CBD, Brunswick is easily accessible by train, tram, and bus.

Lifestyle and Amenities

Brunswick is known for its multicultural community, excellent food scene, and live music venues. Sydney Road is the main strip, featuring a wide range of international cuisines and unique shops.

Cost of Living

Brunswick offers a variety of housing options, including affordable apartments and larger homes. Its relatively lower cost of living compared to inner-city suburbs makes it an attractive option.

Collingwood

Proximity to the CBD

Collingwood is adjacent to Fitzroy and just a kilometre northeast of the CBD, with excellent tram and train connections.

Lifestyle and Amenities

Collingwood is a trendy suburb with a mix of industrial chic and modern living. It’s known for its craft breweries, cafes, and artistic spaces. Smith Street is a popular destination for dining and shopping.

Cost of Living

The cost of living in Collingwood is moderate, with a mix of affordable and high-end housing options. Its vibrant culture and proximity to the city make it a favourite for young professionals.

Southbank

Proximity to the CBD

Southbank is directly adjacent to the CBD, making it one of the most convenient suburbs for city workers.

Lifestyle and Amenities

Southbank is home to the Crown Casino, Southbank Promenade, and numerous dining and entertainment options. It’s a hub for arts and culture, with the Arts Centre and National Gallery of Victoria nearby.

Cost of Living

Southbank’s high-rise apartments offer stunning views of the city and the Yarra River. While it can be expensive, the convenience and lifestyle make it a top choice for many young professionals.

Footscray

Proximity to the CBD

Footscray is located just a few kilometres west of the CBD, making it a short and easy commute by train, tram, or bike.

Lifestyle and Amenities

Footscray is a vibrant and culturally diverse suburb, known for its eclectic mix of food, markets, and arts scene. The area is constantly evolving, with new cafes, bars, and restaurants popping up, adding to its lively atmosphere.

Cost of Living

Footscray offers a more affordable cost of living compared to many other suburbs on this list. Housing options range from older homes to new apartment developments, making it a great option for young professionals looking for value without sacrificing lifestyle.

Choosing the right suburb as a young professional in Melbourne depends on your lifestyle preferences, budget, and proximity to work. Each of these suburbs offers a unique blend of amenities, culture, and convenience, ensuring there’s something for everyone.

For something different, check out our article on the best most affordable towns on the Mornington Peninsula.

Secure your financial future today!