2023 Median House Prices.
During 2023, some houses in Australia could be bought for $130,000, while some Capital City suburbs have a medium house price of around $400,000.
The Australian median property price does not apply everywhere, with Longueville, in the Lower North Shore of Sydney, having the highest median property price in Australia, at $5,775,000.
2023 Median Property prices.
According to Domain’s End of Year Wrap 2023, the median house price across all capital cities has reached a new high of $1,084,855, while the regional median house price has hit a record $591,139.
According to www.abc.net.au, Australia’s median property value is now at a record high of $753,654.
According to propertyupdate.com.au the median house price in Australia’s combined capital cities was $931,762, with units in Australia’s capital cities, having a median price of $649,350.
The median dwelling value (houses and units) in Australia’s combined regional areas was $602,645.
According to realestate.com.au, the national median property value is now $762,000, with houses being $826,000 and units being $630,000.
Top ten most affordable capital city suburbs – Houses.
Suburb – Location – Value:
- Elizabeth North, SA Adelaide – North $368,000
- Moulden, NT Darwin $369,000
- Gagebrook, Tas Hobart $373,000
- Gray, NT Darwin $384,000
- Mandurah, WA Mandurah $387,000
- Medina, WA Perth – South West $389,000
- Herdsmans Cove, Tas Hobart $396,000
- Smithfield Plains, SA Adelaide – North $401,000
- Toogoolawah, QLD Ipswich $402,000
- Koongamia, WA Perth – North East $403,000
Top ten most affordable suburbs nationally – Units
Suburb – Location – Value
- South Gladstone, QLD Central Queensland $178,000
- Hermit Park, QLD Townsville $196,000
- West Gladstone, QLD Central Queensland $211,000
- Manunda, QLD Cairns $213,000
- Pimlico, QLD Townsville $215,000
- Rosslea, QLD Townsville $220,000
- Woree, QLD Cairns $221,000
- Railway Estate, QLD Townsville $221,000
- Edmonton, QLD Cairns $223,000
- West End, QLD Townsville $225,000
Sourced from: PropTrack | Median AVM 12 months to 30 November 2023.