Australian Cheaper Median House Prices.

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.

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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:

1. Elizabeth North, SA Adelaide – North $368,000
2. Moulden, NT Darwin $369,000
3. Gagebrook, Tas Hobart $373,000
4. Gray, NT Darwin $384,000
5. Mandurah, WA Mandurah $387,000
6. Medina, WA Perth – South West $389,000
7. Herdsmans Cove, Tas Hobart $396,000
8. Smithfield Plains, SA Adelaide – North $401,000
9. Toogoolawah, QLD Ipswich $402,000
10. Koongamia, WA Perth – North East $403,000

Top ten most affordable suburbs nationally – Units

Suburb – Location – Value

1. South Gladstone, QLD Central Queensland $178,000
2. Hermit Park, QLD Townsville $196,000
3. West Gladstone, QLD Central Queensland $211,000
4. Manunda, QLD Cairns $213,000
5. Pimlico, QLD Townsville $215,000
6. Rosslea, QLD Townsville $220,000
7. Woree, QLD Cairns $221,000
8. Railway Estate, QLD Townsville $221,000
9. Edmonton, QLD Cairns $223,000
10. West End, QLD Townsville $225,000

www.realestate.com.au

Sourced from: PropTrack | Median AVM 12 months to 30 November 2023.