Australia is a desirable place to settle down once you’re retired. With close to 26 million people and a 2,500-mile (4,023-kilometers) stretch of land from west to east, there’s no shortage of places to live and communities to become a part of. The country is part of the British Commonwealth and is known for its stunning beaches, lively cities, sprawling deserts, and more nature-filled wonders.
Seniors can choose a city for retirement depending on their desired lifestyle. Whether you want to live secluded in the country, in a metropolitan city, or on the gorgeous coastline, Australia has something for everyone no matter what their budget is.
Here’s a rundown on some of the cheapest cities to retire in Australia and what they each have to offer.
Victor Harbor, South Australia
Located just 50-miles (80-kilometers) south of Adelaide is Victor Harbor. This sunny community attracts both tourists and retirees alike thanks to its stunning beaches, nearby penguin colonies, and slower pace of life compared to major cities.
Soho reports that nearly 40-percent of its population are retirees, likely due to its affordable housing. The median house price is $343,500 and units available to own for $250,000.