Australia's top 10 cheapest suburbs 2022 The 10 cheapest suburbs in each state and territory

You don't have to pay the big bucks to get your foot on the property market ladder.

If you're looking at buying a house or unit in Australia, here are the cheapest suburbs where you can take your pick.

Australia's top 10 cheapest suburbs 2022

Andamooka in South Australia takes the title of Australia’s cheapest suburb, with a median house price of just $20,000.

Western Australia and New South Wales both have three suburbs respectively in the top 10, while Queensland and South Australia have an equal two each. 

State

Suburb

Property Type

Median Price

12 month Growth

Average Annual Growth

Gross Rental Yield

SA

ANDAMOOKA

H

$20,000

n.a

-20.0%

n.a

WA

NORSEMAN

H

$47,500

12%

5.1%

n.a

WA

MOUNT MAGNET

H

$48,500

n.a

9.6%

n.a

QLD

AUGATHELLA

H

$55,000

n.a

n.a

n.a

NSW

MENINDEE

H

$60,000

-6%

24.0%

n.a

WA

MORAWA

H

$60,000

-23%

-29.5%

n.a

SA

COOBER PEDY

H

$61,500

-5%

-3.9%

n.a

NSW

SWAN BAY

H

$65,000

n.a

n.a

n.a

QLD

GIN GIN

U

$66,250

n.a

n.a

n.a

NSW

COLLARENEBRI

H

$70,000

n.a

18.2%

n.a

Source: CoreLogic, data reported to the period ending May 2022

The 10 cheapest suburbs in each state and territory

Australian Capital Territory

Suburb

Type

Median Price

12 month Growth

Average Annual Growth

Gross Rental Yield

HACKETT

U

$297,000

-6%

-6.8%

7.0%

HUGHES

U

$335,000

-21%

-24.5%

5.7%

CURTIN

U

$342,000

21%

1.8%

6.8%

HAWKER

U

$372,500

19%

2.1%

6.4%

CHIFLEY

U

$406,500

23%

0.1%

6.4%

BRUCE

U

$410,000

3%

-0.3%

6.3%

LYONS

U

$415,000

38%

4.4%

6.2%

STRATHNAIRN

H

$425,000

-15%

10.9%

n.a

GUNGAHLIN

U

$425,000

10%

2.4%

5.9%

REID

U

$452,500

-5%

0.6%

6.0%

Source: CoreLogic, data reported to the period ending May 2022

New South Wales

Suburb

Type

Median Price

12 month Growth

Average Annual Growth

Gross Rental Yield

MENINDEE

H

$60,000

-6%

24%

n.a

SWAN BAY

H

$65,000

n.a

n.a

n.a

COLLARENEBRI

H

$70,000

n.a

18.2%

n.a

WILCANNIA

H

$80,000

n.a

n.a.

n.a

LIGHTNING RIDGE

H

$80,500

-8%

9.2%

n.a

SUNSET STRIP

H

$85,000

n.a

n.a

n.a

BREWARRINA

H

$92,500

-36%

19.9%

n.a

UNGARIE

H

$94,500

7%

7.3%

n.a

URANA

H

$112,500

n.a

-10.7%

n.a

MUNGINDI

H

$118,000

 n.a

16.6%

n.a

Source: CoreLogic, data reported to the period ending May 2022

Northern Territory

Suburb

Type

Median Price

12 month Growth

Average Annual Growth

Gross Rental Yield

MOUNT JOHNS

U

$195,000

n.a

n.a

9.1%

BATCHELOR

H

$205,000

n.a

n.a

n.a

GILLEN

U

$240,000

-17%

-1.4%

8.6%

GRAY

U

$250,000

-6%

0.7%

7.3%

MILLNER

U

$254,000

15%

1.4%

8.2%

TENNANT CREEK

H

$255,000

11%

1.8%

8.8%

KARAMA

U

$256,250

n.a

6.4%

7.7%

SADADEEN

U

$257,500

-14%

-4.8%

8.0%

BELLAMACK

U

$285,000

n.a

24.4%

8.2%

KATHERINE SOUTH

H

$300,000

20%

8.5%

7.8%

Source: CoreLogic, data reported to the period ending May 2022

Queensland

Suburb

Type

Median Price

12 month Growth

Average Annual Growth

Gross Rental Yield

AUGATHELLA

H

$55,000

n.a

n.a

n.a

GIN GIN

U

$66,250

n.a

n.a

n.a

LAGUNA QUAYS

U

$70,000

33%

-0.1%

n.a

PENTLAND

H

$75,000

n.a

n.a

n.a

YOWAH

H

$77,500

n.a

n.a

n.a

CUNNAMULLA

H

$80,000

-11%

11.3%

n.a

DOLPHIN HEADS

U

$84,000

-20%

18.2%

n.a

BUCASIA

U

$92,000

-21%

-16.8%

n.a

DIRRANBANDI

H

$94,500

n.a

n.a

n.a

TAMBO

H

$99,500

n.a

n.a

n.a

Source: CoreLogic, data reported to the period ending May 2022

South Australia

Suburb

Type

Median Price

12 month Growth

Average Annual Growth

Gross Rental Yield

ANDAMOOKA

H

$20,000

n.a

-20.0%

n.a

COOBER PEDY

H

$61,500

-5%

-3.9%

n.a

FISHERMAN BAY

H

$83,873

n.a

n.a

n.a

MCCRACKEN

U

$96,000

19%

18.5%

n.a

PETERBOROUGH

H

$98,000

9%

2.4%

n.a

GOOLWA

U

$105,000

n.a

-15.9%

n.a

NANGWARRY

H

$106,750

-8%

-4.4%

n.a

KIMBA

H

$110,000

34%

13.9%

n.a

PORT PIRIE WEST

H

$115,000

5%

-0.2%

11.3%

LUCINDALE

H

$125,000

n.a

n.a

n.a

Source: CoreLogic, data reported to the period ending May 2022

Tasmania

Suburb

Type

Median Price

12 month Growth

Average Annual Growth

Gross Rental Yield

ROSEBERY

U

$112,900

19%

7.9%

n.a

ROSEBERY

H

$140,000

17%

10.0%

n.a

ZEEHAN

H

$160,000

25%

9.7%

8.9%

QUEENSTOWN

H

$170,000

34%

10.5%

7.6%

TULLAH

H

$200,000

n.a

23.6%

n.a

EAST DEVONPORT

U

$248,000

8%

8.7%

6.1%

UPPER BURNIE

U

$250,000

21%

12.8%

n.a

ANSONS BAY

H

$253,500

15%

15.2%

n.a

CURRIE

H

$280,000

0%

5.6%

n.a

LONGFORD

U

$285,000

4%

4.0%

6.5%

Source: CoreLogic, data reported to the period ending May 2022

Victoria

Suburb

Type

Median Price

12 month Growth

Average Annual Growth

Gross Rental Yield

MURRAYVILLE

H

$100,000

n.a

 n.a

n.a

RAINBOW

H

$124,500

31%

13.5%

n.a

JEPARIT

H

$142,500

30%

6.9%

n.a

SEA LAKE

H

$143,000

34%

6.7%

n.a

QUAMBATOOK

H

$150,000

n.a

n.a

n.a

BIRCHIP

H

$154,500

28%

11.9%

n.a

OUYEN

H

$155,500

24%

6.3%

n.a

YARRAM

U

$158,500

-30%

-29.6%

n.a

WYCHEPROOF

H

$170,000

31%

19.8%

n.a

HOPETOUN

H

$170,000

6%

15.0%

n.a

Source: CoreLogic, data reported to the period ending May 2022

Western Australia

Suburb

Type

Median Price

12 month Growth

Average Annual Growth

Gross Rental Yield

NORSEMAN

H

$47,500

12%

5.1%

n.a

MOUNT MAGNET

H

$48,500

n.a

9.6%

n.a

MORAWA

H

$60,000

-23%

 -29.5%

n.a

MEEKATHARRA

H

$90,000

n.a

30.4%

n.a

THREE SPRINGS

H

$90,000

n.a

89.5%

n.a

PRESTON BEACH

U

$90,000

-6%

-5.8%

n.a

SOUTHERN CROSS

H

$95,000

52%

52.0%

n.a

KAMBALDA EAST

H

$95,000

28%

12.4%

15.3%

CARNAMAH

H

$99,000

-1%

2.7%

n.a

WYALKATCHEM

H

$120,000

n.a

50.0%

n.a

Source: CoreLogic, data reported to the period ending May 2022

First published 10 May 2012, last updated by Hanan Dervisevic 30 August, 2022