Property Investment Blog

Thursday, 4 June 2026

Top Melbourne Investment Suburbs for 2026: Epping, Doveton & Carrum Downs Compared

3 Great Investment Deals in Victoria Under $800k - Which One Would You Choose?


Today, we're looking at three standout investment opportunities currently available in Melbourne, identified using PropertyDirector's PropertyFinder tool based on the following criteria:


* Maximum purchase price: $800,000

* Minimum rental yield: 4.0%

* Within 50km of Melbourne CBD

* Vacancy rate below 1.0%

* Suburb population above 4,000


Based on these filters, three suburbs stood out: Epping, Doveton, and Carrum Downs.


We've selected one currently available investment property from each suburb:


Epping, VIC

* 3-bedroom house on 350+ sqm

* Asking price: $630,000

* Rent: $550/week

* Rental yield: 4.5%


Doveton, VIC

* 4-bedroom house on 550+ sqm

* Asking price: $650,000

* Rent: $580/week

* Rental yield: 4.6%


Carrum Downs, VIC

* 3-bedroom house on 700+ sqm

* Asking price: $785,000

* Rent: $610/week

* Rental yield: 4.0%


If you could choose only one, which would it be and why?


Want to uncover opportunities like these yourself?


Start a free 7-day trial of PropertyDirector and access powerful tools to help you find your next investment property:

https://www.propertydirector.com.au/free-trial