Most affordable suburbs where prices declined in 2023

RESIDENTIAL PROPERTY

SOUTH Australia’s Elizabeth North is the country’s most affordable capital city suburb for 2023, after numerous locations defied the trend and saw declines of more than 10%...

According to new data from PropTrack, while nationally there was a strong rebound in home price growth over the last 12 month, some suburbs remained affordable...

Tasmania’s Carlton reported the lowest house price growth over the past year, with a 13.3% decline, followed by Dodges Gerry, Tasmania with a 13% decline, while Sorell...

For the regional area’s Mullumbimby in NSW saw the lowest price growth with a decline of 11.9% fall, followed by Ocean Shores with a decline of 10.1% and Smiths Lake with...

Out of the whole country, Rangeway in the Western Australian Outback was the most affordable suburb, with a median home value of $174,000...

From nation’s regional areas Mount Morgan in Queensland was the next most affordable at $177,000, with Blackwater, Queensland rounding out the top three at $207,000...

While Elizabeth North in South Australia was the most affordable suburb within the nation’s capital cities, at $368,000...

Moulden in the Northern Territory followed for the capital cities at $369,000, with Gagebrook in Tasmania closing out the top three at $373,000...

10 most affordable suburbs – national combined capital cities

10 most affordable suburbs – national regional areas

10 lowest price growth suburbs – national combined capital cities

10 lowest price growth suburbs – national combined regional areas

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