The Australian property market often grabs headlines for its skyrocketing prices, but there is still hope for those people on a budget. According to CoreLogic, these suburbs represent opportunities for house buyers who value affordability but also seek solid infrastructure, proximity to amenities, and a sense of community. While affordability has been squeezed in recent years and the cost of living has increased, these areas remain accessible for those entering the property market.
Lamb Island — Median value: $416,295 Russell Island — Median value: $423,067 Kooralbyn — Median value: $294,273 Woodridge — Median value: $438,623 Kingston — Median value: $445,000 Adelaide: Steady gentrification Most Affordable Suburb: Elizabeth North Median Value: $468,890 Adelaide’s north consistently ranks as one of the most affordable places to buy in any Australian capital city.