cheap Aus suburbs under $350k named
A new report identifies 222 Australian suburbs where median house prices are $350,000 or less, highlighting extreme affordability in regional areas. The list includes towns where properties have sold for as little as $50,000.
Why it matters
This data provides insight into the stark contrast between major city property markets and regional Australia, offering potential opportunities for budget-conscious buyers.
This 32 sqm studio apartment in York, WA, sold for $50,000 in November. Source: Realestate.com.au
Australia’s brutal capital city home values may be out of reach for millions, but a tiny group of regional strongholds is offering dirt-cheap property as low as $50k – here’s what experts say.
Exclusive national real estate trends data reveals just 222 unique suburbs remain across Australia where homes can still be snagged for $350,000 or less – with the bottom-dollar floor sitting in an agricultural border town where houses cost less than a deposit on a Sydney parking space.
Topping the nation’s bargain basement charts is Boggabilla in NSW’s New England region, where the median house price sits at an astounding $50,000 – though that figure comes off just 11 sales over the past year.
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