You don’t need a million-dollar budget to find a great home in Melbourne. There are still pockets of value across the city that offer first home buyers the chance to break into the market without breaking the bank. In this blog, we highlight where to look and how to make your money go further with expert help from 369 Home Brokers.

Affordable Doesn’t Have to Mean Compromised

You don’t need to head way out of town or settle for a fixer-upper to get into the market. There are still plenty of well-connected, family-friendly suburbs around Melbourne offering great value in 2025. These areas are perfect for first home buyers who want space to grow and room to breathe – without paying premium prices.

Where the Smart Buyers Are Looking

Suburbs like Werribee, Melton, and Cranbourne continue to offer solid options for buyers who want value and lifestyle. These areas are seeing strong development, improved infrastructure, and more land releases – making them ideal for first-time buyers. We’ll help you identify where your budget stretches the furthest and what’s available now.

New Builds Bring Big Benefits

Choosing to build in a new estate often comes with extra perks – like developer incentives, energy-efficient designs, and lower maintenance costs. These homes usually qualify for the First Home Owner Grant too, which can give you an extra financial boost. Plus, you get to move into a brand-new home designed for your lifestyle.

Why Using a Broker Pays Off

When you go directly to a bank, you’re limited to what they offer. But with a broker, you get access to a wide range of lenders and products, including low-deposit home loans and exclusive deals. At 369 Home Brokers, we help first-time buyers find the right loan structure and match them with house and land packages that suit their budget.

Start with a Free Chat

You don’t need to have it all figured out to get started. Book a free consultation with our team and we’ll talk you through what’s possible, based on your current rent, income, and deposit. Whether you’re ready to buy now or just want to make a plan, we’re here to help you take the first step.