Affordability ranking

The most affordable suburbs in Australia.

Suburbs with the lowest median house prices, great entry points into the property market.

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.

  • 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 across Australia

Ranked from 3,445 suburbs with a published median. Prices are the medians each suburb's own page publishes: NSW Valuer General sales, Land Victoria and SA Government quarterly medians, and ABS statistical-area (SA2) medians in the other states and territories.

#1Collarenebri

NSW 2833

Median price

$105,000

Annual growth

-16.0%

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#2Hay South

NSW 2711

Median price

$105,000

Annual growth

-17.3%

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#3Tottenham

NSW 2873

Median price

$120,000

Annual growth

+20.0%

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#4Brewarrina

NSW 2839

Median price

$130,000

Annual growth

–

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#5Jeparit

VIC 3423

Median price

$149,000

Annual growth

–

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#6Pooncarie

NSW 2648

Median price

$150,000

Annual growth

–

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#7Sunset Strip

NSW 2879

Median price

$152,500

Annual growth

–

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#8Hopetoun

VIC 3396

Median price

$155,000

Annual growth

–

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#9Morawa

WA 6623

Median price

$160,000area

Annual growth

–

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#10Ravenswood

NSW 2824

Median price

$161,000

Annual growth

-2.4%

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#11Carpentaria

QLD 4823

Median price

$163,000area

Annual growth

–

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#12Charleville

QLD 4470

Median price

$164,000area

Annual growth

–

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#13Binnaway

NSW 2395

Median price

$165,000

Annual growth

-19.5%

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#14Kulin

WA 6365

Median price

$165,000area

Annual growth

–

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#15Bendick Murrell

NSW 2803

Median price

$169,000

Annual growth

–

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#16Menindee

NSW 2879

Median price

$169,000

Annual growth

+17.4%

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#17Collinsville

QLD 4804

Median price

$169,500area

Annual growth

–

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#18Bigga

NSW 2583

Median price

$170,000

Annual growth

–

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#19Cunderdin

WA 6407

Median price

$170,000area

Annual growth

–

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#20Ungarie

NSW 2669

Median price

$170,000

Annual growth

+19.3%

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#21Murtoa

VIC 3390

Median price

$175,000

Annual growth

–

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#22Ardlethan

NSW 2665

Median price

$178,500

Annual growth

–

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#23Dareton

NSW 2717

Median price

$180,000

Annual growth

-2.7%

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#24Minyip

VIC 3392

Median price

$180,000

Annual growth

–

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#25Tara

QLD 4421

Median price

$180,000area

Annual growth

–

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#26Dowerin

WA 6461

Median price

$181,000area

Annual growth

–

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#27Kaniva

VIC 3419

Median price

$182,000

Annual growth

–

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#28Tambar Springs

NSW 2381

Median price

$182,500

Annual growth

–

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#29Merredin

WA 6415

Median price

$185,000area

Annual growth

–

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#30Rupanyup

VIC 3388

Median price

$185,000

Annual growth

–

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#31Coonamble

NSW 2829

Median price

$187,500

Annual growth

-6.2%

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#32Cassilis

NSW 2329

Median price

$188,000

Annual growth

–

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#33Gulargambone

NSW 2828

Median price

$190,000

Annual growth

–

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#34Gnowangerup

WA 6335

Median price

$195,000area

Annual growth

–

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#35Lightning Ridge

NSW 2834

Median price

$195,000

Annual growth

+23.8%

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#36Angus

NSW 2765

Median price

$200,000

Annual growth

–

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#37Moora

WA 6510

Median price

$200,000area

Annual growth

–

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#38Ouyen

VIC 3490

Median price

$200,000

Annual growth

–

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#39Underbool

VIC 3509

Median price

$200,000

Annual growth

–

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#40Trangie

NSW 2823

Median price

$202,500

Annual growth

-17.3%

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#41Nhill

VIC 3418

Median price

$203,000

Annual growth

–

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#42Warracknabeal

VIC 3393

Median price

$205,000

Annual growth

–

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#43Broken Hill

NSW 2880

Median price

$210,000

Annual growth

+4.0%

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#44Lismore

VIC 3324

Median price

$210,000

Annual growth

–

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#45Wakool

NSW 2710

Median price

$210,000

Annual growth

–

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#46Barmedman

NSW 2668

Median price

$215,000

Annual growth

–

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#47Bourke

NSW 2840

Median price

$215,000

Annual growth

–

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#48Kojonup

WA 6395

Median price

$215,000area

Annual growth

–

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#49Mount Morgan

QLD 4714

Median price

$215,000area

Annual growth

–

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#50Warren

NSW 2824

Median price

$215,000

Annual growth

+16.2%

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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.

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