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Most affordable suburbs to buy within 10km and 20km of each capital city

WANT to get on the property ladder but don’t want to move away from the CBD?

A joint study by Aussie Home Loans and CoreLogic has revealed the most affordable suburbs within 10km and 20km from each capital city.

The cheapest suburb closest to a city centre nationally is Clarendon Vale, a suburb located about 10km east of Hobart.

With a median house price of $153,531, homes in Clarendon Vale are more than $180,000 cheaper than Hobarts median house price and almost four times less than the combined Australian capital city median house price of $610,000.

In fact, homes in Tasmania are the most affordable nationally. The three most affordable suburbs in all of Australia have a median valuation of less than $100,000 and all are located along Tasmanias west coast. These are Zeehan ($87,662), Queenstown ($90,200) and Rosebery ($91,310).

At the other end of the spectrum, New South Wales homebuyers shouldnt get too excited. The cheapest suburb within 10km of Sydney CBD is almost double the combined capital city median house price. Tempe, about 9km south of Sydney CBD, may have been named the most affordable inner city suburb, but it still has a median price tag of $1,151,122.

However, if you widen the parameters by another 10km, it becomes more realistic. Granville, in western Sydney, is the most affordable suburb within 20km of Sydneys CBD, with a median house price of $766,910.

Sydneys median house price as a capital city, according to CoreLogic, is $845,000.

In Victoria, Braybrook is the cheapest suburb within 10km of Melbourne. Located about 9km west of Melbourne CBD, it has a median house price of $613,399. But if you move to Coolaroo, about 19km north of Melbourne, you could snap up a home for almost half that, at $338,598.

If you want to live as close to the CBD as possible, but dont want to move across the Bass Strait to Tasmania, South Australia is your best bet.

Pennington, located about 10km north of Adelaide, is the second cheapest suburb closest to a city centre nationally.

With a median house price of $366,565, this is more than $50,000 cheaper than Adelaides median house price of $420,000 and more than $240,000 cheaper than the combined capital city median house price of $610,000. Adelaide is the most affordable mainland capital city in Australia.

But Queensland wouldnt be a bad option either, with Rocklea, a suburb 9km south of Brisbane, recording a median house price of $390,173 the third most affordable location within 10km of a capital city.

The bondi mkii 190 by kialla homes has something for everyone

THE Bondi MKII 190 by Kialla Homes stands out as a home for entertainers — the kitchen is located at the rear of the open-plan living area, ensuring nobody misses out on any of the action.

In fact, Kialla Homes sales manager Melissa Rogers nominated the kitchen as the standout feature of the three-bedroom home.

Not only is it a large kitchen with plenty of room for everything you could desire, its also light and bright, Ms Rogers said.

The island bench is nice and long with plenty of room for all the family or friends to sit and talk about their day.

A laundry with handy outdoor access is tucked away next to the kitchen, which overlooks the spacious family and meals area.

The two secondary bedrooms are also hidden away from the living area, accessed via a hallway off the main living hub. Both bedrooms have built-in robes and share the main bathroom and separate toilet.

Parents will love the extra-large main-bedroom suite, which is cleverly positioned at the front of the home away from the main living areas and kids bedrooms.

The main-bedroom suite, as displayed at Cranbourne North, features an ensuite with a
1200mm x 900mm shower as standard and a double-vanity unit across one wall.

Ms Rogers said The Bondi MKII 190, as displayed, featured all of Kialla Homes category 1 products.

You can wander through and be assured that if you select what you see on display, you dont pay any extra for it, she said.

Ms Rogers said buyers looking to put their own stamp on the home could do just that.

The Bondi MKII has several different facade options and floorplan variations to suit every buyers needs, she said. The Bondi MKII range is extremely popular, with the 260 design able to be customised to suit a large family, with four bedrooms, a kids play area, a large study that could be used as a fifth bedroom, and a separate lounge/theatre.

Whichever design buyers choose, The Bondi MKII range really has something for every family.


Bedrooms: Three

Bathrooms: Two

Size: 178.09sq m including porch and garage (as displayed)

Price: From $163,500; as displayed, $186,390

Address: Tulliallan estate, Lucinda Lane (off Alisma Blvd), Cranbourne North

Open: 11am-5pm Sat-Sun; noon-5pm Mon-Wed; or by appointment