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Most Affordable in Australia

Top 100 cities ranked by most affordable

Most Affordable — Australia

1 Newtown 07 $58,000
2 Newman 08 $62,000
3 Moranbah 04 $62,600
4 Malabar 02 $84,400
5 Whyalla Stuart 05 $90,200
6 Port Pirie 05 $97,400
7 Mount Isa 04 $98,600
8 Whyalla Norrie 05 $101,400
9 Port Augusta 05 $109,200
10 Moe 07 $112,600
11 South Coogee 02 $116,600
12 Stawell 07 $118,400
13 Villawood 02 $118,400
14 Carnarvon 08 $118,400
15 Port Hedland 08 $118,400
16 Morwell 07 $121,200
17 Mount Gambier 05 $124,000
18 Kyabram 07 $124,000
19 Broken Hill 02 $124,000
20 Geraldton 08 $124,000
21 Blackwater 04 $124,000
22 Gladstone 04 $124,000
23 Cootamundra 02 $124,000
24 Charters Towers 04 $124,000
25 Wynyard 06 $124,400
26 Cowra 02 $129,600
27 Deniliquin 02 $129,600
28 Naracoorte 05 $129,600
29 Moree 02 $129,600
30 Newborough 07 $129,600
31 Ayr 04 $129,600
32 Forbes 02 $129,600
33 Corowa 02 $129,600
34 Glen Innes 02 $129,600
35 Swan Hill 07 $132,400
36 Hamilton 07 $132,400
37 Esperance 08 $132,400
38 Port Lincoln 05 $135,200
39 Murray Bridge 05 $135,200
40 North Albury 02 $135,200
41 Gawler 05 $135,200
42 Maryborough 07 $135,200
43 South Hedland 08 $135,200
44 Red Cliffs 07 $135,200
45 Burnie 06 $135,200
46 Tumut 02 $138,000
47 Horsham 07 $138,000
48 Bundaberg 04 $138,000
49 Tamworth 02 $139,800
50 Cobram 07 $140,800
51 Elizabeth Downs 05 $140,800
52 Wendouree 07 $140,800
53 Lavington 02 $140,800
54 Maffra 07 $140,800
55 Norlane 07 $140,800
56 Chinchilla 04 $140,800
57 Davoren Park 05 $140,800
58 Benalla 07 $140,800
59 Seymour 07 $140,800
60 Roma 04 $140,800
61 Rockhampton 04 $140,800
62 Ararat 07 $140,800
63 Young 02 $140,800
64 Christie Downs 05 $140,800
65 Portland 07 $140,800
66 Maryborough 04 $140,800
67 Mooroopna 07 $140,800
68 Ulverstone 06 $140,800
69 Inala 04 $140,800
70 Northam 08 $140,800
71 Leeton 02 $140,800
72 Stanthorpe 04 $140,800
73 Devonport 06 $140,800
74 Collie 08 $140,800
75 Kempsey 02 $142,600
76 Manunda 04 $146,000
77 Park Avenue 04 $146,400
78 Irymple 07 $146,400
79 Salisbury 05 $146,400
80 South Tamworth 02 $146,400
81 Biloela 04 $146,400
82 Warwick 04 $146,400
83 Dalby 04 $146,400
84 Narrabri 02 $146,400
85 Berserker 04 $146,400
86 Colac 07 $146,400
87 Parkes 02 $146,400
88 Kingaroy 04 $146,400
89 Salisbury North 05 $146,400
90 Wangaratta 07 $146,400
91 South Granville 02 $148,200
92 Eaglehawk 07 $149,200
93 Carey Park 08 $152,000
94 Bairnsdale 07 $152,000
95 Armadale 08 $152,000
96 Sebastopol 07 $152,000
97 Leongatha 07 $152,000
98 Inverell 02 $152,000
99 Bowen 04 $152,000
100 Kilburn 05 $152,000

The most affordable housing markets in Australia offer opportunities for homeownership at a fraction of the cost of major metros. Newtown has a median home value of just $58,000.

Affordable housing markets often feature lower costs of living overall, making them attractive to retirees, remote workers, and families building wealth through homeownership. Many of these cities offer solid community amenities despite their lower price points.

While low home values make homeownership accessible, they may also reflect limited job markets or slower economic growth. The rise of remote work has created new opportunities for these communities to attract residents who can earn higher salaries from distant employers.

Did You Know?

  • 1. In Newtown, the median home costs just $58,000 — less than a new luxury car.
  • 2. Affordable housing markets have seen increased interest since the rise of remote work, as buyers can earn higher salaries from anywhere.
  • 3. Many of the most affordable cities are in the South and Midwest, where land costs and construction expenses are lower.

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