Affordability ranking · QLD
The most affordable suburbs in Queensland.
Suburbs with the lowest median house prices, great entry points into the property market. Filtered to Queensland suburbs only.

About this ranking
'Most affordable' here means lowest median house price, the entry-level suburbs in each state. Affordability isn't the same as good value: a $400K outer-fringe suburb with stagnant population growth and weak infrastructure can be a worse buy than a $700K middle-ring suburb with structural demand. Use this list as a starting point for further research, not a final shortlist.
Queensland property market in 2026
Queensland has been Australia's standout performer over the last five years, driven by interstate migration from Sydney and Melbourne plus infrastructure investment leading up to the 2032 Olympics. Brisbane's median house price has compounded around 8-10% annually since 2020. The Gold Coast and Sunshine Coast have followed the same trajectory but with more cyclicality, and the Moreton Bay corridor (Caboolture, North Lakes, Burpengary) now offers genuine value for buyers priced out of inner Brisbane. Regional Queensland (Townsville, Cairns, Toowoomba) has lifted off years of stagnation and is now solidly positive.
Buyer tip, QLD
Queensland's first home buyer stamp duty concession was upgraded to $700K full exemption in mid-2024, among the most generous in the country. Combine that with the federal Home Guarantee Scheme and you can be in a $700K Brisbane house with $35K of saved deposit and effectively zero stamp duty.Watch out, QLD
Flood overlays are highly localised in Brisbane and SEQ. The 2011 and 2022 floods affected specific creek systems, and properties on adjacent streets can have wildly different insurance premiums and resale values. Always check the Brisbane City Council Flood Awareness Map for the exact address before bidding.Methodology
Sorted by median house price, lowest first, from $100,000. Only a median the suburb's own page publishes is ranked: NSW Valuer General sales, Land Victoria and SA Government quarterly medians, and ABS statistical-area (SA2) medians in the other states and territories, on at least five recorded sales where the count is known. An SA2 median is for the area that carries the suburb's name, which can take in surrounding localities.Best for
First home buyers prioritising entry into the property market; rentvestors looking for high-yield, lower-entry investments; buyers willing to commute further for a freestanding house.
Showing top 50 suburbs in Queensland
Ranked from 280 suburbs in Queensland with a published median. Prices for Queensland are ABS statistical-area (SA2) medians: each is the median for the area that carries the suburb's name. An SA2 can take in surrounding localities, so a figure can differ from sales in the suburb itself.
QLD 4823
Median price
$163,000
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QLD 4470
Median price
$164,000
Annual growth
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QLD 4804
Median price
$169,500
Annual growth
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QLD 4421
Median price
$180,000
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QLD 4714
Median price
$215,000
Annual growth
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QLD 4730
Median price
$220,000
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QLD 4702
Median price
$230,000
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QLD 4850
Median price
$245,000
Annual growth
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QLD 4820
Median price
$253,000
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QLD 4700
Median price
$255,000
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QLD 4807
Median price
$260,000
Annual growth
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QLD 4357
Median price
$270,000
Annual growth
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QLD 4825
Median price
$275,000
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QLD 4721
Median price
$280,000
Annual growth
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QLD 4715
Median price
$315,000
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QLD 4860
Median price
$315,000
Annual growth
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QLD 4887
Median price
$317,500
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QLD 4701
Median price
$335,000
Annual growth
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QLD 4455
Median price
$340,000
Annual growth
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QLD 4744
Median price
$346,000
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QLD 4680
Median price
$348,000
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QLD 4814
Median price
$350,200
Annual growth
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QLD 4701
Median price
$355,000
Annual growth
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QLD 4413
Median price
$369,000
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QLD 4680
Median price
$373,055
Annual growth
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QLD 4720
Median price
$375,000
Annual growth
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QLD 4814
Median price
$378,000
Annual growth
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QLD 4006
Median price
$378,000
Annual growth
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QLD 4701
Median price
$380,000
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QLD 4815
Median price
$388,500
Annual growth
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QLD 4610
Median price
$390,000
Annual growth
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QLD 4615
Median price
$390,000
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QLD 4814
Median price
$395,000
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QLD 4650
Median price
$395,000
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QLD 4671
Median price
$405,000
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QLD 4403
Median price
$416,500
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QLD 4861
Median price
$422,500
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QLD 4600
Median price
$425,000
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QLD 4740
Median price
$425,000
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QLD 4740
Median price
$425,000
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QLD 4670
Median price
$428,000
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QLD 4390
Median price
$430,000
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QLD 4702
Median price
$430,000
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QLD 4740
Median price
$432,000
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QLD 4805
Median price
$435,000
Annual growth
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QLD 4737
Median price
$445,000
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QLD 4343
Median price
$450,000
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QLD 4812
Median price
$450,000
Annual growth
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QLD 4854
Median price
$450,000
Annual growth
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QLD 4740
Median price
$458,500
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Common questions
About this ranking
Are the cheapest suburbs always the worst suburbs?
No. Affordability often reflects distance from CBD, sparse public transport, or limited amenity rather than 'bad' attributes. Plenty of affordable suburbs are growing strongly because the local economy and demographics are improving. Always look at population trend, infrastructure pipeline, and rental vacancy alongside price.
Should I buy the cheapest house I can or save for longer?
Depends on your timeline. If you'll hold for 10+ years, time-in-market usually beats waiting for a bigger deposit on a 'better' suburb. If you'll move within 3-5 years, transaction costs (stamp duty + agent fees) on the entry purchase can wipe out modest growth.
What about regional vs outer-metro for affordability?
Outer-metro typically holds value better because it's still tied to the capital city economy. Regional towns can offer better entry pricing but add commute risk if you need to fall back on metro employment. Strong regional centres (Newcastle, Geelong, Toowoomba) split the difference well.
Shortlisted a suburb? Buy it well.
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