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Hi Buzz,
Have you been on realestate.com.au at all? Click on Victoria (yep that pointy bit at the bottom!) and you can click on some suburbs prices etc. The only thing you have to remember is that everywhere can be a long way here, even though Victoria is only 'small', I think the Uk fits into it about twice or something! Melbourne is a great place, lots of great places to live, check out the Yarra Valley area - not too far out of the city, lots of new estates out there now. Depends if you have to get certain transport to places. Check out also the Mornington Peninsula and surrounds, places like Frankston are still quite affordable, and it is now only an hour from Melbourne city on the freeway (or should I say tollway!, but not all of it is tolled, some of it is free).
Good luck with it all.
Olly
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