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Top 18 Aussie suburbs under $400k

Samantha Menzies
Top 18 Aussie suburbs under $400k

Aussie house prices are tipped to fall in the next 12 months, following their slowest gains in three years during 2015, but the nation’s median property price are still at a huge $595,000.

Sydney continues to be Australia's most expensive city, with prices climbing 11.5 per cent to $800,000 - more than double what a property will cost you in Hobart.

Also read: Nine most expensive Aussie suburbs in 2015

Prices in Perth and Darwin went backwards during the year to a median of $510,000 and $520,000, while Melbourne and Brisbane pushed higher to a median of $610,000 and $475,000, according to recent CoreLogic RP data.

But while some of these price brackets are still out of reach for many Aussie’s, there are still opportunities to buy properties in more affordable suburbs.

Also read: What are Australia’s 10 richest postcodes?

Of the 18 Aussie suburbs with a median price below $400k – and which all recorded price increases over the past 12 months – Western Australian suburbs unsurprisingly dominated the list.

Also unsurprisingly, no Sydney suburbs managed to make the list of affordable suburbs.

Here are 18 Aussie suburbs which you can move to for $400,000 or under:

 

Suburb Median price
Woodridge, QLD $285,000
Tarneit, VIC $294,000
Craigieburn, VIC $300,000
Oakdowns, VIC $351,250
Gosnells, WA $355,000
Darra, QLD $355,750
Salisbury Heights, SA $360,000
Acacia Ridge, QLD $361,250
Middle Swan, WA $365,000
Maddington, WA $366,500
Laurderdale, TAS $366,500
Kenwick, WA $368,000
Deer Park, VIC $370,000
Mansfield Park, SA $375,000
Midvale, WA $377,500
Lenah Valley, TAS $390,750
Queenstown, SA $395,000
Langford, WA $395,500