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Top 18 Aussie suburbs under $400k

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