Melville Forest is a tranquil and picturesque locality nestled in the heart of Victoria, Australia. It's surrounded by lush forests and offers a peaceful lifestyle while being close to essential amenities. This region is known for its vibrant community spirit, outdoor activities, and a range of housing options. In this article, we will explore the best residential areas in Melville Forest, showcasing their unique characteristics, housing options, and average prices suitable for a diverse range of residents.
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Melville Waters

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Melville Waters is a charming suburb known for its scenic views and vibrant community. With its proximity to local parks and waterways, it's a haven for nature lovers and families seeking outdoor activities.
Characteristics of the Melville Waters
* Culture: Community events, local markets, and art festivals
* Transportation: Access to public transport and major roads
* Services: Grocery stores, schools, and healthcare facilities
* Environment: Friendly and family-oriented
Housing Options in the Melville Waters
Single-family homes, Townhouses
Average Home Prices in the Melville Waters
* Buying: $520,000 – $800,000
* Renting: $1,500 – $2,300/month
Forest View

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Forest View offers a mix of modern living and natural beauty, making it ideal for those seeking a quiet lifestyle with easy access to the city. Its tree-lined streets and family-friendly parks enhance the appeal of this suburb.
Characteristics of the Forest View
* Culture: Outdoor activities and family gatherings
* Transportation: Well-connected through public transport and walking paths
* Services: Local shops, recreational facilities, and schools
* Environment: Tranquil and community-focused
Housing Options in the Forest View
Established homes, New developments
Average Home Prices in the Forest View
* Buying: $600,000 – $900,000
* Renting: $1,800 – $2,500/month
Greenwood Heights

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Greenwood Heights is a growing suburb that provides various housing options suitable for families and first-home buyers. Its proximity to schools and parks makes it a popular choice among families.
Characteristics of the Greenwood Heights
* Culture: Family-oriented with community sports events
* Transportation: Good public transport access and bike-friendly paths
* Services: Education, shopping, and healthcare services available
* Environment: Welcoming and inclusive
Housing Options in the Greenwood Heights
Units, Flats, and Detached houses
Average Home Prices in the Greenwood Heights
* Buying: $450,000 – $750,000
* Renting: $1,300 – $2,100/month
Melville Greens

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Melville Greens is designed for those who cherish a vibrant community lifestyle. With parks and community centres dotting the suburb, it's a great place for socialising and leisure.
Characteristics of the Melville Greens
* Culture: Vibrant community events and festivals
* Transportation: Excellent access to main road networks and public transport
* Services: Grocery shopping, recreational amenities, and schools
* Environment: Lively and sociable
Housing Options in the Melville Greens
Townhouses, Duplexes, and Granny flats
Average Home Prices in the Melville Greens
* Buying: $580,000 – $850,000
* Renting: $1,600 – $2,400/month
Lakeside Estates

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Lakeside Estates features beautiful waterfront properties and stunning views of the surrounding landscapes. It’s perfect for those seeking tranquillity and a touch of nature in their everyday life.
Characteristics of the Lakeside Estates
* Culture: Relaxed lifestyle with lakeside activities
* Transportation: Private transport preferred, well-connected
* Services: Limited amenities; residents thrive on local charm
* Environment: Serene and natural
Housing Options in the Lakeside Estates
Waterfront homes, Custom-built houses
Average Home Prices in the Lakeside Estates
* Buying: $720,000 – $1,100,000
* Renting: $2,000 – $3,000/month
Dreamland Heights

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Dreamland Heights is a well-established suburb that offers a blend of convenience and comfort. Its proximity to schools and shopping centres makes it a great choice for families and professionals alike.
Characteristics of the Dreamland Heights
* Culture: Family-friendly with local community engagement
* Transportation: Accessible through main roads and bus routes
* Services: Schools, healthcare, and diverse shopping options
* Environment: Convenient and accessible
Housing Options in the Dreamland Heights
Family homes, Apartments
Average Home Prices in the Dreamland Heights
* Buying: $550,000 – $800,000
* Renting: $1,400 – $2,100/month
Frequently Asked Questions About the Best Residential Areas in Melville Forest:
The best residential areas in Melville Forest include Melville Waters, Forest View, Greenwood Heights, Melville Greens, Lakeside Estates, and Dreamland Heights.
Melville Waters and Greenwood Heights are among the most family-friendly suburbs due to their parks, schools, and community activities.
Greenwood Heights often offers more affordable housing options suitable for first-home buyers and families.
The average property prices range from $450,000 to over $1,100,000 depending on the suburb and type of accommodation.
Lakeside Estates and Forest View are great for outdoor activities, offering expansive parks and recreational facilities.
Yes, most suburbs in Melville Forest are well connected with public transport options, particularly bus services.
Melville Forest offers a variety of housing options including single-family homes, townhouses, units, and custom-built properties.
The communities in Melville Forest are known for being friendly, welcoming, and actively engaged in local events and activities.
Yes, Melville Forest shows potential for capital growth and offers diverse housing options, making it a favourable area for investors.
Most suburbs in Melville Forest provide essential amenities including grocery stores, schools, parks, and healthcare facilities.
Conclusion on the Best Residential Areas in Melville Forest:
Melville Forest, Victoria, is an attractive destination for those seeking a blend of natural beauty and community spirit. With diverse residential areas like Melville Waters and Lakeside Estates, there's a perfect match for every lifestyle preference, whether you are a family, a first-home buyer, or an investor. Each suburb offers its unique charm, from family-friendly amenities to serene outdoor experiences. The prospects for capital growth and commitment from the local community make Melville Forest not just a place to live, but a place to thrive.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.