Greek neighbourhoods among Australia’s top retirement destinations

Several suburbs with strong Greek ties person been named among the champion places to discontinue successful Australia, according to a caller study by Citro, supported by AMP.

In the nationalist ranking of 300 communities with populations implicit 10,000, Rosebud connected Victoria’s Mornington Peninsula placed 2nd overall, while Oakleigh, widely regarded arsenic Melbourne’s Greek hub, was ranked 19th. In the abstracted database of premium but little affordable “gold-plated” locations, Brighton secured 2nd place.

For tens of thousands of Greek Australians, status successful their adopted homeland follows decades of sacrifice and labour distant from their birthplace, household and friends.

While ageing brings its ain challenges, from wellness issues to rising surviving costs, galore person managed to physique fiscal security, often owning homes, vacation properties oregon concern existent property successful some Australia and Greece.

Some disagreement their “permanent holidays” betwixt the two countries, though regular trips to Greece go harder with age. Within Australia, seasonal migration is common: winters spent successful warmer Queensland and summers by Victoria’s bayside suburbs such arsenic Dromana, Rye and Rosebud.

Rosebud: seaside manner with metropolis access

Rosebud’s strong ranking reflects its equilibrium of coastal charm and convenience. Located 75km from cardinal Melbourne, it offers seaside trails, a hospital, and a tight-knit assemblage of 14,000. With a median location terms of $769,805, it is much affordable than galore superior metropolis suburbs while still conscionable an hour’s thrust from Melbourne.

The Citro study praised Rosebud arsenic offering “the champion of some worlds: a charming coastal town with the vibrancy of a welcoming community, yet adjacent capable to the metropolis for each amenity.”

Oakleigh: the Greek bosom of Melbourne

Oakleigh stood retired arsenic the lone inner-suburban determination to marque the top 20. Its entreaty lies not successful beaches but successful assemblage beingness and taste vibrancy, peculiarly for retirees.

The study highlighted Oakleigh arsenic “Greek Heaven”, a lively precinct filled with Mediterranean dining, κοινωνικά clubs, Eaton Mall’s bustling cafes, and the yearly Oakleigh Glendi festival. With a median location terms of $989,182, proximity to Monash Medical Centre, and fantabulous transport connections, Oakleigh combines accessibility with a strong consciousness of belonging.

The study notes: “There is nary amended medicine for loneliness than a greeting java with friends.”

Australia’s top 20 status locations (2025)

• Orange (NSW)
• Rosebud (VIC)
• Wagga Wagga (NSW)

…

• Oakleigh (VIC)
• Fannie Bay (NT)

Brighton and the ‘gold-plated’ suburbs

For the archetypal time, Citro besides introduced a class of “gold-plated” locations — suburbs that are not affordable for all, but connection exceptional manner quality. Brighton, with its iconic beach, high-end eating and boutique shopping, was ranked 2nd, boasting a median location terms of $2.07 cardinal and weekly rents averaging $1,112.

Other “gold” picks included Ballina, Coolangatta, Fremantle and Portsea.

The bigger picture: affordability and wellness access

Citro CEO Toby Ellis stressed that lodging affordability and availability were cardinal drivers successful the rankings, noting that “three successful 5 Australians implicit 40 worry astir whether they will beryllium capable to spend retirement.”

With beingness expectancy and wellness needs increasing, AMP main economist Shane Oliver added: “Access to healthcare becomes much important with age. Lifestyle whitethorn take precedence astatine first, but deficiency of aesculapian infrastructure tin go a existent contented later.”

The probe analysed survey information from 280,000 Australians implicit 50, weighing lodging costs, transport, healthcare, manner and assemblage connection.

Retirement property and flexibility

The study comes arsenic Australia’s status property has officially risen from 65 to 67. While manageable for some, experts warn that physically demanding jobs marque aboriginal status unrealistic. Professor Gary Martin of the Australian Institute of Management said flexibility is needed: “Scaled status ages, special provisions for definite occupations, oregon partial pensions could support those unable to work into their precocious 60s.”