Hazard-safe ranking · VIC
The lowest flood risk suburbs in Victoria.
Suburbs assessed as low flood risk or with no flood hazard record from Geoscience Australia. Filtered to Victoria suburbs only.
About this ranking
Flood risk affects insurance premiums, resale value, and (increasingly) lending policy. Some big-four lenders now decline mortgages on properties in declared floodways. We rank by formal flood hazard classification from Geoscience Australia and state hazard mapping authorities.
Victoria property market in 2026
Victoria spent 2024-2025 in a softer cycle than the rest of the country, but 2026 sees the Melbourne market firming again as population growth and the steady drip of overseas migration meet a constrained pipeline of new family-suitable stock. Melbourne's median house price sits around $1.0M to $1.1M, roughly 35-40% below Sydney for an equivalent property, meaningful for first home buyers and rentvestors. Regional Victoria has been mixed: Geelong has held its COVID gains, Ballarat and Bendigo are flat-to-down. The state's planning reforms ('Plan for Victoria') are starting to push approvals up in middle-ring suburbs, which will eventually moderate growth in those pockets.
Buyer tip, VIC
Victorian first home buyers pay no stamp duty up to $600K, with reduced duty to $750K, on new and established homes. At $600K that's about $31K an owner-occupier who isn't a first home buyer would pay, money that goes straight to your deposit.Watch out, VIC
Victoria's land tax regime hits investors harder than most states once portfolios cross the $300K-ish threshold. Run the numbers including land tax before assuming an investment property cashflows the way the gross rental yield suggests.Methodology
Suburbs are tagged 'low risk' when their dominant Geoscience Australia flood hazard classification is 'low', or when no flood hazard record exists for the suburb polygon. Suburbs in 'medium', 'high', or 'floodway' classifications are excluded from this ranking.Best for
Risk-averse buyers; buyers planning to insure with one of the bigger insurers; investors concerned about lender policy on flood-affected stock; long-term owner-occupiers wanting peace of mind.
Showing top 47 suburbs in Victoria
The price beside a suburb is the median its own page publishes; a dash means none is published. Prices are Land Victoria's quarterly suburb medians.
VIC 3401
Flood risk
No data
Median price
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VIC 3990
Flood risk
No data
Median price
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VIC 3393
Flood risk
No data
Median price
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VIC 3895
Flood risk
No data
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VIC 3762
Flood risk
No data
Median price
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VIC 3103
Flood risk
No data
Median price
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VIC 3647
Flood risk
No data
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VIC 3777
Flood risk
No data
Median price
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VIC 3121
Flood risk
No data
Median price
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VIC 3053
Flood risk
No data
Median price
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VIC 3084
Flood risk
No data
Median price
$2.1M
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VIC 3163
Flood risk
No data
Median price
$1.9M
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VIC 3161
Flood risk
No data
Median price
$2.3M
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VIC 3123
Flood risk
No data
Median price
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VIC 3193
Flood risk
No data
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VIC 3012
Flood risk
No data
Median price
$1.2M
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VIC 3101
Flood risk
No data
Median price
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VIC 3016
Flood risk
No data
Median price
$1.6M
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VIC 3028
Flood risk
No data
Median price
$605K
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VIC 3694
Flood risk
No data
Median price
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VIC 3550
Flood risk
No data
Median price
$510K
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VIC 3315
Flood risk
No data
Median price
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VIC 3673
Flood risk
No data
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VIC 3691
Flood risk
No data
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VIC 3858
Flood risk
No data
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VIC 3453
Flood risk
No data
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VIC 3875
Flood risk
No data
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VIC 3888
Flood risk
No data
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VIC 3833
Flood risk
No data
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VIC 3409
Flood risk
No data
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VIC 3444
Flood risk
No data
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VIC 3701
Flood risk
No data
Median price
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VIC 3395
Flood risk
No data
Median price
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VIC 3225
Flood risk
No data
Median price
$1.4M
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VIC 3516
Flood risk
No data
Median price
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VIC 3685
Flood risk
No data
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VIC 3988
Flood risk
No data
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VIC 3272
Flood risk
No data
Median price
$220K
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VIC 3623
Flood risk
No data
Median price
$319K
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VIC 3929
Flood risk
No data
Median price
$1.6M
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VIC 3512
Flood risk
No data
Median price
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VIC 3477
Flood risk
No data
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VIC 3478
Flood risk
No data
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VIC 3893
Flood risk
No data
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VIC 3875
Flood risk
No data
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VIC 3322
Flood risk
No data
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VIC 3564
Flood risk
No data
Median price
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Common questions
About this ranking
Does 'low flood risk' mean a property won't flood?
No, 'low risk' is a probabilistic classification, not a guarantee. Properties in low-risk zones can still flood in extreme events (1-in-500 year, freak storms). What 'low risk' does mean is that mainstream lenders and insurers will treat the property as standard rather than carrying a special premium or exclusion.
What's a 'floodway' versus a flood-prone zone?
A floodway is land that channels water during a flood event, building in a floodway is highly restricted because the water flow itself is dangerous, not just the standing water. A flood-prone zone is land that's expected to be inundated but not part of the active flow. Floodways are the highest-risk classification and many lenders will decline mortgages on stock in them.
How localised is flood risk?
Extremely localised. Two adjacent streets can be in completely different risk categories depending on elevation and creek proximity. Always pull the address-specific flood report from the council before bidding, even on suburbs that appear in this ranking.
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