Tarneit area
I'm flying up to Melbourne next weekend to purchase in Werribee area. I've done a lot of research and think this is the best area to find something in my price range.
I have been buying IPs in Adelaide and Brisbane but 30k out of these cities comparing prices of houses esp public transport, I think Werribee/Tarneit seems very good and as I'm maxed out due to land tax so have to invest in diff state.
This forum seems to speak favorably of this area - I guess you get what you pay for and the houses are very cheap compared to other states I've looked at. I won't know for sure until I visit and evaluate for myself. If I compare to Mt Barker in Adelaide which only has about 4 buses a day into city (a little exagerated but close), it seems very good.