Australia’s Most Affordable Places to Live: Homely’s Top 50 List

Are you on the hunt for budget-friendly places to settle down in Australia? Look no further! We are excited to share Homely’s first edition of their 50 Most Affordable Places to Live in Australia, crafted from insights by their users.

Homely’s data is generated from their hyperlocal suburb and street reviews, as well as local discussion forums, all contributed by the people who actually live in those areas. Additionally, they compile median house prices from trusted sources and combine this with user data from millions of reviews.

Gold Coast Suburb makes the list

Southport, Gold Coast: While Southport’s median house price is around $902,500, it’s still a bargain compared to nearby Surfers Paradise at $1.9m. Southport has everything you need, including convenient access to excellent public transportation, supermarkets and shops, and the broadwaters. Just as Justin, a local, sums it perfectly – “Lived on the Gold Coast for 20 years, and moved to Southport 3 years ago due to excellent public transport, close proximity to the shops and Broadwater – everything is in Southport. Cheap to buy in comparison to other suburbs.”

Homely’s top 50 most affordable suburbs for 2024

1. Queenstown, TAS – Offers Mountain views and a quiet lifestyle. Median price: $187,500. “So much potential, great affordable housing.”
2. Mount Johns, NT – Located in Alice Springs, offers a serene desert environment with modern amenities. Median unit price: $218,750.
3. Port Augusta – Most affordable with redevelopment potential. Median house price: $220,000. “At the crossroads of great Australian adventures and very affordable living”
4. Zeehan, TAS – Known for its mining heritage and quiet, remote lifestyle. Median price: $220,000.
5. Ingham, QLD – Offers a peaceful lifestyle with sugar cane fields and proximity to tropical beaches. Median price: $222,500.
6. Katanning, WA – Centrally located in the Great Southern region, known for its multicultural community and agricultural industry. Median price: $237,500.
7. Morwell, VIC – Offers good public transport and recreational spaces. Median price: $330,000.
8. Kalgoorlie, WA – Historic mining town with strong community. Median price: $347,000.
9. Moe, VIC – Known for community spirit and affordability. Median price: $355,000. “I’ve finally found an affordable home in a safe town”
10. Kadina – Quiet life with access to services. Median price: $370,000.
11. Davoren Park, SA – Known for its convenience without the price tag. Median house price: $382,750.
12. Maryborough, QLD – Rich in history with affordable housing and a strong community feel. Median price: $385,000.
13. Horsham, VIC – Known as a vibrant community hub in the Wimmera region with good amenities. Median price: $391,000.
14. Murray Bridge, SA – Good growth potential, community-oriented. Median price: $400,000.
15. Mount Gambier, SA – Affordable with a strong community focus. Median price: $415,000.
16. Newborough – Appreciated for its family-friendly and peaceful environment. Median price: $420,000.
17. Esperance, WA – Coastal town with scenic views and amenities. Median price: $445,000.
18. Shepparton, VIC – Offers affordability with strong community vibes. Median price: $447,000.
19. Bundaberg East – Low cost of living with good amenities. Median price: $460,000.
20. Corio – Affordable with good growth potential. Median price: $480,000.
21. Newtown, QLD – Offers good value for money. Median price: $485,000.
22. Woodridge, QLD – Family-friendly with parks and recreation. Median price: $505,000.
23. Traralgon, VIC – Known for its family-friendly environment. Median price: $505,000.
24. Norman Gardens – Quiet suburb with growth potential. Median price: $505,000.
25. Taree, NSW – Set on the Manning River with affordable homes and a slow-paced lifestyle. Median price: $505,000.
26. Flora Hill – Popular among students and academics. Median price: $520,000.
27. Rockingham, WA – Popular for dining and safe living. Median price: $532,000.
28. Hackham – Family-friendly with parks and recreation. Median price: $535,750.
29. Gawler, SA – Offers historic charm and growing amenities. Median price: $560,000.
30. Centenary Heights – Affordable suburban lifestyle. Median price: $570,000.
31. St Albans Park – Growing appeal among families. Median price: $590,000.
32. Warrnambool – Coastal living with a growing market. Median price: $591,000.
33. Broome – Strong growth, unique lifestyle. Median price: $610,000.
34. Encounter Bay – Quiet, coastal lifestyle. Median price: $612,000.
35. Pooraka – Offers good public transport and affordable living. Median price: $617,500.
36. Madeley – Known for schools and green spaces. Median price: $670,000.
37. Lang Lang, VIC – Praised for its beautiful scenery, community-friendly atmosphere, and affordable housing options. Median price: $672,500.
38. Frankston, VIC – Offers a vibrant beach lifestyle with good amenities. Median price: $740,000.
39. North Haven, SA – Known for its safe and quiet environment. Median price: $748,500.
40. Kyneton – Combines country charm with community feel. Median price: $787,500.
41. Elermore Vale, NSW – Family-friendly with access to Newcastle amenities. Median price: $818,250.
42. Rainbow Beach, QLD – Offers peace and quiet with clean, green landscapes. Median price: $850,000.
43. Little Mountain – Great for outdoor lifestyles. Median price: $890,650.
44. Penrith, NSW – A bustling suburb in Greater Western Sydney, perfect for families $897,500
45. Florey – Known for great schools and family living. Median price: $900,000.
46. Oxley Park, NSW – Known for its neighborly spirit and access to parks. Median price: $902,500.
47. Southport, QLD – Balances suburban comfort with city access. Median price: $902,500.
48. Dundowran Beach – Beach proximity and quiet living. Median price: $975,000.
49. Flinders View, QLD – Known for its family-friendly environment and green spaces. Median price: $1,000,000.
50. Wynnum, QLD – Coastal suburb with great amenities and lifestyle. Median price: $1,050,000. “Properties in Wynnum are still remarkably affordable compared to bayside suburbs in other major Australian cities. It’s almost like Brisbane hasnt realised the value of property close to the sea.”

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