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Top 20 family-friendly suburbs to buy a home

A composite image of a home in an Australian suburb with a for sale sign out the front and Australian currency.
These family-friendly suburbs might be worth checking out if you're in the market for a new house. (Source: Getty) (Getty/AAP)

Aussie families who are in the market to buy a new home have been given a list of the best suburbs to look at.

New research commissioned by Well Money found the top 20 family-friendly suburbs for Aussies looking for a new place to call home.

The research considered every suburb in the country before filtering out any that weren’t ‘family-friendly’. To do this, the research considered only suburbs in capital cities, where the median house price was below $1.5 million and had a SEIFA education score of at least 6.

A SEIFA education score is based on the SEIFA Index of Education and Occupation. The higher the score, the better. If a suburb has a score of at least 6, it means it’s in the top half of the country for educational and occupational status.

The suburbs on the top 20 list were spread around South Australia (6), Victoria (4), New South Wales (3), Tasmania (3), Queensland (2) and Western Australia (2).

Surprisingly, more than half the suburbs had a median house price under $1 million.

Well Money CEO Scott Spencer said, while housing affordability continued to be a concern, home ownership was still a realistic goal for many families.

“There’s no doubt it can be tough for families on average incomes to buy into a family-friendly suburb in a capital city,” Spencer said.

“That said, it’s not impossible, as the data in this report makes clear. Families should take heart from the downturn in property prices we’re currently seeing in many parts of the country, because that reduces the deposit hurdle.”

However, Spencer said with interest rates rising, people’s borrowing capacity had also fallen, but it was not all bad news.

“It seems we’re getting close to the end of this rate-tightening cycle. Also, with unemployment very low at the moment, most families have a steady income,” he said.

Spencer said, despite changes to the way Australians lived their lives, many people still felt raising a family and buying a house went hand in hand.

“Even though very few of us live on a quarter-acre block these days, most of us still want a house with a yard where we can host barbecues and play with the kids,” he said.

“It’s also clear that many families still aspire to home ownership. Buying a house is still widely seen as a rite of passage, alongside having children.”

The top 20 suburbs for families

Here are the top 20 suburbs to buy a home for Aussie families, and the median house price:

  1. Otago, TAS - $995,000

  2. Seaford Heights, SA - $570,000

  3. Kinglake West, VIC - $930,000

  4. Wonga Park, VIC - $1,390,000

  5. Tea Tree Gully, SA - $652,284

  6. One Tree Hill, SA - $899,000

  7. Banjup, WA - $1,300,000

  8. Netherby, SA - $1,242,000

  9. Westbourne Park, SA - $1,009,400

  10. Bullaburra, NSW - $863,550

  11. Seventeen Mile Rocks, QLD - $851,400

  12. Stirling, SA - $1,288,000

  13. Bungarribee, NSW - $1,245,000

  14. Valley Heights, NSW - $880,000

  15. North Warrandyte, VIC - $1,250,000

  16. Carine, WA - $999,606

  17. New Gisborne, VIC - $831,497

  18. Upper Kedron, QLD - $1,031,665

  19. Blackmans Bay, TAS - $875,000

  20. Howden, TAS - $1,350,000

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