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How the cities we live in are shaping our bodies, minds – and property prices

Walkability. Heat stress. Urban sprawl. Welcome to the real reasons people are choosing where to live – and why the smartest cities are the ones that feel like a good party.

A great city, as historian and transport planner Philip Mallis puts it, is like a great party. 


“You stay longer than strictly necessary because you’re enjoying yourself.”

And yet for many Australians, the party’s not exactly pumping.

It turns out, the design of our cities – and how we move through them – might be having more of an effect on our lives (and our property decisions) than we think. From climate resilience to park access, transport links and sustainable cities, the conversation around real estate is shifting.

The walkable suburb glow-up

In 2025, the 20-minute neighbourhood isn’t a vibe – it’s a necessity.

“A healthy city is made up of a number of different components,” says Frasers property Australia executive general manager Emily Wood.

“But really, it’s around having an integrated design and connection to everything you need, whether that’s schools, parks, shops, education, employment, walkability or transport.

And it’s not just about ditching the car. Walkable suburbs are directly linked to healthier, more active communities.

Living in a 20-minute neighbourhood is becoming a bigger priority for Australians choosing where to live. Picture: Getty

“I don’t think a lot of people really understand how strong the links are between transport and people’s health and wellbeing,” Mallis says.

But the data’s clear. RMIT University social equity professor Hannah Badland says people who live in walkable areas are more likely to be physically active – and less likely to suffer from chronic conditions like obesity and diabetes.

“There is so much evidence in terms of people who live in more walkable neighbourhoods are more likely to be of healthy body weight. They are more likely to be physically active,” Badlands explains.

So, it tracks that walkable, well-connected suburbs are also climbing the ladder in terms of demand – and price.

Car-dependence is out; connectivity is in

A growing number of Aussies are over the long commutes, endless traffic and car-centric urban sprawl.

“A car-dependent society has physical and mental health impacts, rising incidence of non-communicable diseases like diabetes, obesity, and a range of other impacts,” Mallis says.

That’s not just bad news for our bodies – it’s bad design.

And cities are catching on.

Mallis says future-focused neighbourhoods are putting transport and access front and centre, designing communities where everything you need is nearby.

Think fewer highways, more bike lanes. Fewer drive-thrus, more laneway cafes. “We need to redesign our transport systems and networks to accommodate for this and make sure that we are providing those options.”

Future-focussed neighbourhood have a variety of transit options to choose from. Picture: Getty

The heat is real – and buyers are taking notice

We know climate change is heating up Australian cities – but not all suburbs are sweating equally.

Green Sheep Collective architect Shae Parker McCashen says high air temperatures are affecting residents all over Australia.

“They are affecting us in different ways across different suburbs,” she explains.

For people on the coast, where they’ve got access to open space and great quality air and the beach, Wood explains, it’s a very different experience to say Western Sydney that is very concrete and asphalt and really absorbs that heat.

That means suburbs that lack shade, trees and access to green space are becoming less liveable – and, by extension, less desirable.

And for those in newer developments, Mallis says the risk is even higher.

“If you live in a new suburb, trees haven’t had a chance to grow yet and that increases the ambient temperature significantly by up to 10 to 15C.”

Savvy buyers are already prioritising climate-resilient suburbs with mature tree cover, breezy streetscapes and design that keeps the temperature – and energy bills – down.

Green space = capital gain

We’re not just craving more square footage – we’re craving breathing space. And not just for the dog.

“Being able to access public open space not only is important for physical health but really important for mental health” Badland says.

Nearby parks not only provide a welcome respite for residents, they increasingly important features for home buyers. Picture: Getty

So, what’s the best way to negate the impacts of climate change in high temperatures?

“To make sure that the city is designed well,” Mallis says. “We need lots of shade.”

With a warming climate, parks and green corridors are no longer just council box-tickers – they’re emotional (and economic) assets.

So what’s next?

The suburbs that win in the next five to 10 years won’t just be the ones with the best views or proximity to CBDs – they’ll be the ones that work for the way we live now.

Cooler, greener, easier to get around. Thoughtfully designed. And future-fit.

“I think the number one step to making healthier cities is to get the transport right,” Mallis says.

Connecting people with nature, building houses that enable us to manage heat stress and really thoughtful and clever design in the products and the places where we live going forward will also play a critical role.

Because at the end of the day, where you live isn’t just about postcode pride – it’s about building a life that feels good.

And if your suburb doesn’t make you want to stay a little longer than necessary? Well, now you know what to look for in your next move.  

The post How the cities we live in are shaping our bodies, minds – and property prices appeared first on realestate.com.au.

June 19, 2025/0 Comments/by JKents
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Keller Williams launches master franchise in North Macedonia

The company now has 18 master franchises in Europe and is actively looking for new expansion opportunities across most of the inhabited world, according to an announcement on Tuesday.

June 18, 2025/0 Comments/by JKents
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These are the paint colors that will raise the value of your next listing

If you’re in the process of staging a listing, it might be time to talk paint with your sellers. A new study from Zillow suggests that the right interior paint colors can boost home value by thousands.

June 18, 2025/0 Comments/by JKents
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Anywhere cuts earnings estimate by 10% amid sluggish 2025 sales

The company now expects to earn as much as 10 percent less this quarter than it expected in April, according to a new SEC filing. The company’s stock price fell sharply in early trading hours.

June 18, 2025/0 Comments/by JKents
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Keller Williams hit with new telemarketing lawsuit in New York

A New York homeowner claims text messages sent by an associate broker at Keller Williams amounted to an “invasion of her privacy” and a violation of the Telephone Consumer Protection Act.

June 18, 2025/0 Comments/by JKents
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Country air: Five rustic and enchanting grand estates for sale now

Boasting hectares of lush bushland, picturesque views and residences with an array of bygone features, Australia has no shortage of breathtaking rustic estates.

Australia has no shortage of breathtaking rustic estates. Picture: realestate.com.au

From manors dating back to the late 1800s, to a country estate with a working cattle farm and a Geelong property with a links to Melbourne Cup winners, here are some of the most captivating estates currently for sale.

Steeped in New South Wales early history

For a cool $18 million, the historic Rockfield Park, which was the first settlement on Berry Mountain in the 1860s, is looking for a new custodian.

801 Kangaroo Valley Road, Bellawongarah. Picture: realestate.com.au

Located at 801 Kangaroo Valley Road, Bellawongarah, it was the home of artist and business magnate Lee Hamilton, who is said to have been the first woman to secure a position on the Sydney Futures Exchange.

Now the sprawling deceased estate with views from Gerringong to Jervis Bay and Seven Mile Beach, is being sold by her family.

801 Kangaroo Valley Road, Bellawongarah. Picture: realestate.com.au

 Sales agent Nick Dale from Belle Property Berry and Kiama said the estate’s sheer size was unique.

“It’s 172 acres, and I’ve got to say probably 90% of that is usable land and is all accessible, and that is unusual because usually they cap out at 100 (acres) and every now and then you get a 200 acre one, but the majority of it is bush,” he said.

801 Kangaroo Valley Road, Bellawongarah. Picture: realestate.com.au

Meticulously crafted from sparrow-pecked sandstone, western red cedar, and charcoal stone, is a four bedroom and three bathroom residence, where cathedral windows, timber, fireplaces add to its grandeur.

There is also an additional residence and a smaller home, as well as farming infrastructure that would suit agricultural or livestock ventures.

801 Kangaroo Valley Road, Bellawongarah. Picture: realestate.com.au

Home to Dorper sheep, the farm was a meat provider for local eateries and has an on-site butchery.

There is also a detailed botanical gardens map, which Mr Dale said accounts for every single tree.

801 Kangaroo Valley Road, Bellawongarah. Picture: realestate.com.au

A slice of Australian racing history up for grabs

This majestic Geelong homestead built in 1873 was used to hide the famous Phar Lap before the 1930 Melbourne Cup to protect an attempt on his life.

6-30 Homestead Drive, St Albans Park. Picture: realestate.com.au

Designed by famous Melbourne architect James T. Conlan, the 30 room manor has other important links to Australia’s racing history as a direct lineage to ten Melbourne Cup winners were produced at the homestead.

6-30 Homestead Drive, St Albans Park. Picture: realestate.com.au

Set on a sprawling 3.4ha, the main home has six bedrooms, five bathrooms, as well as formal and informal living and dining areas.

There is also a one bedroom self-contained guest house with a kitchen and living area.

6-30 Homestead Drive, St Albans Park. Picture: realestate.com.au

Hallmarks of the homestead’s equestrian heyday remain, with a stable complex of 30 stalls, day paddocks and botanical gardens.

6-30 Homestead Drive, St Albans Park, has a price guide of $7 million to $7.5 million.

6-30 Homestead Drive, St Albans Park. Picture: realestate.com.au

Hilltop gem

This rural retreat, constructed from timber, stone and brick, is set amongst 2ha of rural woodland in the Melbourne suburb of Eltham.

17 Yarra Braes Road, Eltham. Picture: realestate.com.au

Sale agent Aaron Yeats from Jellis Craig – Eltham said 17 Yarra Braes Road, Eltham was positioned at the highest point of the street and was originally part of a much larger allotment that was subdivided.

“The house was built in the ’50s and it was originally one of the original homesteads in the street so they kept the best parcel for themselves being on top of the hill, and then sold off the smaller blocks around them,” he said.

17 Yarra Braes Road, Eltham. Picture: realestate.com.au

Designed by Alistair Knox, highlights of the three bedroom, three bathroom residence include living spaces which open to outdoor terraces, an open fire and a potbelly stove.

17 Yarra Braes Road, Eltham. Picture: realestate.com.au

Outside there is a vegetable garden, greenhouse, chicken coop, sheds, and a mudbrick studio/workshop.

“It will probably suit someone who’s either got a small family and just wants to live with peace and privacy as it is, or someone who has a grander vision to do a lovely extension or renovation,” Mr Yeats said.

The property has an asking price of $2,350,000 to $2,550,000.

17 Yarra Braes Road, Eltham. Picture: realestate.com.au

Farm life in picturesque location

It is easy to see why this listing describe this sprawling homestead as “one of the Tweed Valley’s finest country estates”.

Caldera Farm, situated at 65 Limpinwood Valley Road, Limpinwood, comprises of lush bushland, paddocks and natural water sources across 114.15sqm.

65 Limpinwood Valley Road, Limpinwood. Picture: realestate.com.au

As a working cattle farm, it is equipped to run 80 breeders plus replacements, and has 20 paddocks,  machinery, sheds and reticulated water.

The refurbished timber farmhouse offers a mix of original character features teamed with modern comforts.

65 Limpinwood Valley Road, Limpinwood. Picture: realestate.com.au

A wide timber veranda, timber flooring, French doors, an industrial farmhouse style with Smeg appliances, a farmhouse sink and a living room with a wood fireplace are just some of the home’s standout features.

65 Limpinwood Valley Road, Limpinwood. Picture: realestate.com.au

There is also a free-standing office with an ensuite, as well as a custom built barn with a kitchenette, dining and games area, two bedrooms and a bathroom.

65 Limpinwood Valley Road, Limpinwood. Picture: realestate.com.au

The farm also has an established orchard, and a dam fully stocked with Australian Bass and Silver Perch.

The property has a price guide of $6.5 million to $7 million.

65 Limpinwood Valley Road, Limpinwood. Picture: realestate.com.au

Southern Highlands charm

On 4lhas in the New South Wales Southern Highlands is 581 Greenhills Road, Berrima, where a grand five bedroom residence takes centre stage.

581 Greenhills Road, Berrima. Picture: realestate.com.au

The Grange Berrima features a main residence, known as The Lodge, where its grand proportions include a mezzanine level that can house up to eight guests in four suites.

581 Greenhills Road, Berrima. Picture: realestate.com.au

There is also a manager’s quarters or guest accommodation, with a bedroom, shower and laundry room, as well as a veranda, and another three bedroom accommodation option called the Granary.

581 Greenhills Road, Berrima. Picture: realestate.com.au

Other highlights of the estate include one of the largest privately owned dams in the district, extensive gardens, an apple orchard, 18 horse paddocks, a cattle yard and four 25,000 litre water tanks.

The property is on the market for $9 million to $9.9 million.

The post Country air: Five rustic and enchanting grand estates for sale now appeared first on realestate.com.au.

June 18, 2025/0 Comments/by JKents
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Is your dream suburb within reach? Here’s what your budget really buys

New data has uncovered how far a typical home buying budget will stretch in every suburb, and the results may be surprising.

PropTrack data shows a typical home buying budget in an Australian capital affords entry into plenty of suburbs, although the number and type of homes it buys varies wildly.

The median house price across the combined capital cities is now $1 million, according to the latest PropTrack Home Price Index, but analysis of property values shows that figure affords a lot more homes in some suburbs than in others.

Use the interactive to see what your budget buys in your dream suburb.

To determine how far a typical home buying budget really stretches, home values in every Australian suburb were analysed to determine what proportion of properties fall under different price thresholds.

The data shows there are 106 suburbs in the capitals where 100% of houses are valued at less than $1 million, the vast majority of which are located in outer areas where land is less scarce and properties are much more affordable as a result.


Even a more modest budget of $800,000 would be sufficient to purchase 100% of houses in 30 capital city suburbs, most of which were located on the urban fringe.

On the other hand, the suburbs with the lowest proportion of houses under $1 million are found in the priciest pockets of the capitals, such as Sydney and Melbourne’s eastern suburbs or the inner suburbs of Brisbane, Adelaide and Perth.

The analysis also shows that buyers with limited budgets still have a chance to find a home in pricey areas, although they may have to adjust their expectations in suburbs where affordable homes are rarer.

The data uses PropTrack’s automated valuation model (AVM) to estimate the value of every Australian property. The proportion of the total number of homes in each suburb that fall below different price thresholds was then calculated.

table visualization

The analysis includes estimates for the value of all properties, not just those currently on the market.

REA Group senior economist Anne Flaherty said the data laid bare the affordability challenges facing buyers seeking to purchase a home close to the CBDs of Australia’s largest cities.

“What it shows is that more and more people are being locked out of our inner- and middle-ring suburbs, and that’s leading to a shift in the demographics in different areas around our capital cities,” she said.

Inner suburbs are increasingly out of reach for buyers with limited budgets. Picture: realestate.com.au/sold

However, Ms Flaherty said that even pricier suburbs with small proportions of affordable houses could still have options for buyers with limited budgets, but these homes were likely to require renovations.

“The main reason you would see a home in a more expensive suburb sell at a discount is because there’s actually money that needs to be spent doing it up,” she said.

“It basically comes down to what you’re willing to compromise on – what’s more important, the location or the house?”

table visualization

Ms Flaherty said knowing the proportion of homes selling within a buyer’s price range could help guide their property search.

“People might assume that a particular suburb is out of reach, but if they see they can actually afford one third of the homes in the suburb for example, it broadens the range of potential suburbs they can look in,” she said.

“Alternatively, you might have your heart set on a particular suburb, but then you can see that it’s most likely going to be out of your budget.”

Where $1 million buys the most homes

The analysis shows that buyers looking for a sub-$1 million house in a capital city are much more likely to find one in a suburb further from the CBDs, while inner suburbs typically have a much lower proportion of affordable homes.

Sydney buyers increasingly need to search further west to find sub-$1 million houses – this three-bedroom Leppington house just sold for $991,000. Picture: realestate.com.au/sold

For example, in Sydney a $1 million budget would be sufficient to buy 100% of houses in Lethbridge Park, Tregear or Blackett – among the most affordable suburbs in the city. 

The same budget affords 24% of houses in Leppington, 16% of houses in Granville, and 13% of houses in Parramatta.

Number of suburbs where 100% of houses are valued at $1 million or less

City No. of suburbs
Sydney 5
Melbourne 33
Brisbane 21
Adelaide 32
Perth 34
Darwin 23
Hobart 18
Canberra 1
Source: PropTrack

Real estate agent and Laing+Simmons Parramatta principal Ray Fayad said houses under $1 million in the Parramatta area were becoming “extremely rare”.

“It’s been ages since I sold one under $1 million,” he said.

The traditionally-affordable area was experiencing increased interest from buyers from other regions such as the inner west, Mr Fayad said, while interest rate reductions and the potential of further cuts had helped drive price growth this year.

“I’m finding a lot of the locals from here are going further west to afford a first home,” he said. “They’re going further out than they once were.”

About a third of Menai houses come in under $1.5 million, including this three-bedroom duplex that sold for just under $1.2 million late last year. Picture: realestate.com.au/sold

Bumping the maximum purchase price up to $1.5 million affords 14% of houses in Penshurst, 30% of houses in Menai and 43% of houses in Rouse Hill.

But spending up to $2 million opens up more options, including 7% of houses in Kensington, 42% of houses in Leichhardt and 73% of houses in Engadine.

A $1 million budget buys at least 10% of homes in just under half of Sydney suburbs. However, in Sydney’s 100 priciest suburbs, there are precisely zero houses that are valued at $1 million or less.

Buyers with $1.5 million to spend will find plenty of options in Engadine, where this three-bedroom home on a 591sqm corner block recently sold for $1.4 million. Picture: realestate.com.au/sold

In Melbourne, $1 million would afford 100% of houses in Broadmeadows, St Albans and Frankston North. 

The same budget could buy two thirds of houses in Footscray and about a quarter of houses in Yarraville or Seddon.

About a quarter of houses in Seddon and Yarraville would cost less than $1 million, including this updated two-bedroom Seddon house that recently sold for $910,000. Picture: realestate.com.au/sold

Inner west real estate agent and Village Real Estate managing director Huss Saad said entry-level houses in Yarraville or Seddon ranged from about $900,000 to $1.1 million, and could include older freestanding homes or newer townhouses.

“You can buy something sub-$1 million on a decent size block,” he said. “It might be a period home with a white picket fence that needs some work, but the opportunities are there.”

“In suburbs like Footscray and West Footscray, you can get a bit more bang for your buck.”

A $1.5 million budget would be sufficient to purchase the majority of Moonee Ponds homes, including this four-bedroom period property that sold for $1.485 million late last year. Picture: realestate.com.au/sold

Meanwhile, buyers with a larger $1.5 million budget could afford 85% of houses in Collingwood, 59% of houses in Moonee Ponds and 47% of houses in Williamstown.

But with $2 million to spend, a Melbourne buyer could afford 97% of houses in Doncaster, 82% of houses in Carlton and 74% of houses in St Kilda.

Buyers with $2 million to spend in Doncaster would be able to afford almost every property in the suburb, including this five-bedroom home that recently sold for exactly $2 million. Picture: realestate.com.au/sold

In some of the smaller capitals, there are plenty of suburbs where buyers with $1 million to spend would theoretically be able to afford any property.

Perth has 34 suburbs where all houses are valued at $1 million or less, including Lockridge, Balga, Bertram and Armadale.

Lockridge in Perth’s northwest is one of 34 suburbs in the city where 100% of homes are valued at $1 million or less. Picture: realestate.com.au/sold

In Adelaide, there were 32 suburbs where $1 million could afford every house, including Andrews Farm, Morphett Vale and Ottoway.

Brisbane has 21 suburbs fitting the same brief, most of which are in the Ipswich and Logan regions, including Riverview, Woodridge and Crestmead.

Number of suburbs where 100% of units are valued at $1 million or less

City No. of suburbs
Sydney 45
Melbourne 114
Brisbane 62
Adelaide 92
Perth 76
Darwin 31
Hobart 25
Canberra 30
Source: PropTrack

For buyers searching for an affordable unit, there are plenty of suburbs that are in contention, and many more options closer to city centres.

In Sydney, buyers will find a high proportion of units priced under $500,000 in Carramar (69%), Lakemba (67%), Harris Park (58%) and Cabramatta (52%).

Carlton has a high proportion of sub-$500k units, including this one-bedder with park and city views that recently sold for $493,000. Picture: realestate.com.au/sold

Melbourne buyers with the same budget would find a big share of sub-$500,000 units in Melton (97%), Notting Hill (75%), Carlton (61%) and the CBD (50%).

In Brisbane, a $500,000 budget would afford plenty of units in Logan Central (95%), Woodridge (79%), Caboolture (44%) and Fortitude Valley (32%).

Suburbs where a multi-million budget still falls short

At the other end of the spectrum, the data shows that in some ultra-pricey suburbs there’s slim pickings for even buyers with multi-million dollar budgets.

In harbourfront Sydney suburbs such as Clontarf, Longueville and Double Bay, less than 3% of houses are valued at under $3 million.

There were 24 Sydney suburbs where a $3 million budget affords less than 10% of properties, reinforcing just how pricey properties are in the city’s most exclusive suburbs.

In many of the pricey harbourfront suburbs in Sydney’s east and north, sub-$3 million houses are exceptionally rare. Picture: Getty

“These have become exclusive suburbs where people are locking up a lot of wealth,” Ms Flaherty said.

“Buying a house in them is just not even in the realm of possibilities for almost everyone.”

Even in Queens Park in Sydney’s east, where 15% of properties are valued at less than $3 million, real estate agent and Belle Property Bondi Junction principal Edward Brown said buyers would likely need to make some sacrifices to buy a home under that price point.

“The ones under $3 million are typically quite small,” he said. “It’ll most likely be a terrace rather than a semi, and it might be on a main road or something in need of significant work.”

A budget of $3 million would buy about half the houses in Balwyn, including this five-bedroom period home that sold for $2.58 million late last year. Picture: realestate.com.au/sold

In Melbourne, buyers with $3 million to spend could purchase about a quarter of houses in Toorak or Deepdene, a third of houses in East Melbourne or Canterbury and little over half of the houses in Balwyn or Malvern.

Only a third of houses in Teneriffe in Brisbane’s inner city would cost less than $3 million, but that same budget buys about two thirds of houses in New Farm, Ascot and Hamilton.

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And in Perth’s priciest suburb, Peppermint Grove, just 16% of houses come in at under $3 million, while 19% of Dalkeith houses and 42% of Cottesloe houses fall under this threshold.

The post Is your dream suburb within reach? Here’s what your budget really buys appeared first on realestate.com.au.

June 18, 2025/0 Comments/by JKents
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The best Aussie suburbs for finding an affordable property

New data has uncovered how far a typical home buying budget will stretch across Australia’s capital cities, and the results may be surprising.

PropTrack data shows a typical home buying budget in an Australian capital affords entry into plenty of suburbs, although the number and type of homes it buys varies wildly.

The median house price across the combined capital cities is now $1 million, according to the latest PropTrack Home Price Index, but analysis of property values shows that figure affords a lot more homes in some suburbs than in others.


To determine how far a typical home buying budget really stretches, home values in every Australian suburb were analysed to determine what proportion of properties fall under different price thresholds.

The data shows there are 106 suburbs in the capitals where 100% of houses are valued at less than $1 million, the vast majority of which are located in outer areas where land is less scarce and properties are much more affordable as a result.

Even a more modest budget of $800,000 would be sufficient to purchase 100% of houses in 30 capital city suburbs, most of which were located on the urban fringe.

Jump ahead to see the list of suburbs where $800,000 affords the most houses

On the other hand, the suburbs with the lowest proportion of houses under $1 million are found in the priciest pockets of the capitals, such as Sydney and Melbourne’s eastern suburbs or the inner suburbs of Brisbane, Adelaide and Perth.

The analysis also shows that buyers with limited budgets still have a chance to find a home in pricey areas, although they may have to adjust their expectations in suburbs where affordable homes are rarer.

Lockridge in Perth’s northwest is one of 34 suburbs in the city where 100% of homes are valued at $1 million or less. Picture: realestate.com.au/sold

The data uses PropTrack’s automated valuation model (AVM) to estimate the value of every Australian property. The proportion of the total number of homes in each suburb that fall below different price thresholds was then calculated.

The analysis includes estimates for the value of all properties, not just those currently on the market.

REA Group senior economist Anne Flaherty said the data laid bare the affordability challenges facing buyers seeking to purchase a home close to the CBDs of Australia’s largest cities.

“What it shows is that more and more people are being locked out of our inner- and middle-ring suburbs, and that’s leading to a shift in the demographics in different areas around our capital cities,” she said.

Inner suburbs are increasingly out of reach for buyers with limited budgets. Picture: realestate.com.au/sold

However, Ms Flaherty said that even pricier suburbs with small proportions of affordable houses could still have options for buyers with limited budgets, but these homes were likely to require renovations.

“The main reason you would see a home in a more expensive suburb sell at a discount is because there’s actually money that needs to be spent doing it up,” she said.

“It basically comes down to what you’re willing to compromise on – what’s more important, the location or the house?”

Ms Flaherty said knowing the proportion of homes selling within a buyer’s price range could help guide their property search.

“People might assume that a particular suburb is out of reach, but if they see they can actually afford one third of the homes in the suburb for example, it broadens the range of potential suburbs they can look in,” she said.

“Alternatively, you might have your heart set on a particular suburb, but then you can see that it’s most likely going to be out of your budget.”

Where $1 million buys the most homes

The analysis shows that buyers looking for a sub-$1 million house in a capital city are much more likely to find one in a suburb further from the CBDs, while inner suburbs typically have a much lower proportion of affordable homes.

Sydney buyers increasingly need to search further west to find sub-$1 million houses – this three-bedroom Leppington house just sold for $991,000. Picture: realestate.com.au/sold

For example, in Sydney a $1 million budget would be sufficient to buy 100% of houses in Lethbridge Park, Tregear or Blackett – among the most affordable suburbs in the city. 

The same budget affords 24% of houses in Leppington, 16% of houses in Granville, and 13% of houses in Parramatta.

Number of suburbs where 100% of houses are valued at $1 million or less

City No. of suburbs
Sydney 5
Melbourne 33
Brisbane 21
Adelaide 32
Perth 34
Darwin 23
Hobart 18
Canberra 1
Source: PropTrack

Real estate agent and Laing+Simmons Parramatta principal Ray Fayad said houses under $1 million in the Parramatta area were becoming “extremely rare”.

“It’s been ages since I sold one under $1 million,” he said.

The traditionally-affordable area was experiencing increased interest from buyers from other regions such as the inner west, Mr Fayad said, while interest rate reductions and the potential of further cuts had helped drive price growth this year.

“I’m finding a lot of the locals from here are going further west to afford a first home,” he said. “They’re going further out than they once were.”

About a third of Menai houses come in under $1.5 million, including this three-bedroom duplex that sold for just under $1.2 million late last year. Picture: realestate.com.au/sold

Bumping the maximum purchase price up to $1.5 million affords 14% of houses in Penshurst, 30% of houses in Menai and 43% of houses in Rouse Hill.

But spending up to $2 million opens up more options, including 7% of houses in Kensington, 42% of houses in Leichhardt and 73% of houses in Engadine.

A $1 million budget buys at least 10% of homes in just under half of Sydney suburbs. However, in Sydney’s 100 priciest suburbs, there are precisely zero houses that are valued at $1 million or less.

Buyers with $1.5 million to spend will find plenty of options in Engadine, where this three-bedroom home on a 591sqm corner block recently sold for $1.4 million. Picture: realestate.com.au/sold

In Melbourne, $1 million would afford 100% of houses in Broadmeadows, St Albans and Frankston North. 

The same budget could buy two thirds of houses in Footscray and about a quarter of houses in Yarraville or Seddon.

About a quarter of houses in Seddon and Yarraville would cost less than $1 million, including this updated two-bedroom Seddon house that recently sold for $910,000. Picture: realestate.com.au/sold

Inner west real estate agent and Village Real Estate managing director Huss Saad said entry-level houses in Yarraville or Seddon ranged from about $900,000 to $1.1 million, and could include older freestanding homes or newer townhouses.

“You can buy something sub-$1 million on a decent size block,” he said. “It might be a period home with a white picket fence that needs some work, but the opportunities are there.”

“In suburbs like Footscray and West Footscray, you can get a bit more bang for your buck.”

A $1.5 million budget would be sufficient to purchase the majority of Moonee Ponds homes, including this four-bedroom period property that sold for $1.485 million late last year. Picture: realestate.com.au/sold

Meanwhile, buyers with a larger $1.5 million budget could afford 85% of houses in Collingwood, 59% of houses in Moonee Ponds and 47% of houses in Williamstown.

But with $2 million to spend, a Melbourne buyer could afford 97% of houses in Doncaster, 82% of houses in Carlton and 74% of houses in St Kilda.

Buyers with $2 million to spend in Doncaster would be able to afford almost every property in the suburb, including this five-bedroom home that recently sold for exactly $2 million. Picture: realestate.com.au/sold

In some of the smaller capitals, there are plenty of suburbs where buyers with $1 million to spend would theoretically be able to afford any property.

Perth has 34 suburbs where all houses are valued at $1 million or less, including Lockridge, Balga, Bertram and Armadale.

In Adelaide, there were 32 suburbs where $1 million could afford every house, including Andrews Farm, Morphett Vale and Ottoway.

Brisbane has 21 suburbs fitting the same brief, most of which are in the Ipswich and Logan regions, including Riverview, Woodridge and Crestmead.

Number of suburbs where 100% of units are valued at $1 million or less

City No. of suburbs
Sydney 45
Melbourne 114
Brisbane 62
Adelaide 92
Perth 76
Darwin 31
Hobart 25
Canberra 30
Source: PropTrack

For buyers searching for an affordable unit, there are plenty of suburbs that are in contention, and many more options closer to city centres.

Jump ahead to see the list of suburbs where $500,000 affords the most units

In Sydney, buyers will find a high proportion of units priced under $500,000 in Carramar (69%), Lakemba (67%), Harris Park (58%) and Cabramatta (52%).

Carlton has a high proportion of sub-$500k units, including this one-bedder with park and city views that recently sold for $493,000. Picture: realestate.com.au/sold

Melbourne buyers with the same budget would find a big share of sub-$500,000 units in Melton (97%), Notting Hill (75%), Carlton (61%) and the CBD (50%).

In Brisbane, a $500,000 budget would afford plenty of units in Logan Central (95%), Woodridge (79%), Caboolture (44%) and Fortitude Valley (32%).

Suburbs where a multi-million budget still falls short

At the other end of the spectrum, the data shows that in some ultra-pricey suburbs there’s slim pickings for even buyers with multi-million dollar budgets.

In harbourfront Sydney suburbs such as Clontarf, Longueville and Double Bay, less than 3% of houses are valued at under $3 million.

There were 24 Sydney suburbs where a $3 million budget affords less than 10% of properties, reinforcing just how pricey properties are in the city’s most exclusive suburbs.

In many of the pricey harbourfront suburbs in Sydney’s east and north, sub-$3 million houses are exceptionally rare. Picture: Getty

“These have become exclusive suburbs where people are locking up a lot of wealth,” Ms Flaherty said.

“Buying a house in them is just not even in the realm of possibilities for almost everyone.”

Even in Queens Park in Sydney’s east, where 15% of properties are valued at less than $3 million, real estate agent and Belle Property Bondi Junction principal Edward Brown said buyers would likely need to make some sacrifices to buy a home under that price point.

“The ones under $3 million are typically quite small,” he said. “It’ll most likely be a terrace rather than a semi, and it might be on a main road or something in need of significant work.”

A budget of $3 million would buy about half the houses in Balwyn, including this five-bedroom period home that sold for $2.58 million late last year. Picture: realestate.com.au/sold

In Melbourne, buyers with $3 million to spend could purchase about a quarter of houses in Toorak or Deepdene, a third of houses in East Melbourne or Canterbury and little over half of the houses in Balwyn or Malvern.

Only a third of houses in Teneriffe in Brisbane’s inner city would cost less than $3 million, but that same budget buys about two thirds of houses in New Farm, Ascot and Hamilton.

And in Perth’s priciest suburb, Peppermint Grove, just 16% of houses come in at under $3 million, while 19% of Dalkeith houses and 42% of Cottesloe houses fall under this threshold.

Capital city suburbs where an $800,000 budget affords the greatest share of houses

Rank Suburb City Median house value (AVM) % of houses below $800k
1 Crangan Bay Sydney $719,000 82%
2 Doyalson Sydney $735,000 80%
3 San Remo Sydney $737,000 79%
4 Gorokan Sydney $755,000 73%
5 Mannering Park Sydney $742,000 72%
6 Warragamba Sydney $770,000 69%
7 Charmhaven Sydney $769,000 68%
8 Tregear Sydney $786,000 66%
9 Halekulani Sydney $775,000 64%
10 Airds Sydney $784,000 63%
1 Frankston North Melbourne $609,000 100%
2 Coolaroo Melbourne $554,000 100%
3 Melton South Melbourne $509,000 100%
4 Jacana Melbourne $613,000 100%
5 Broadmeadows Melbourne $582,000 100%
6 Broadmeadows Melbourne $582,000 100%
7 Kings Park Melbourne $621,000 100%
8 Dallas Melbourne $548,000 100%
9 Weir Views Melbourne $591,000 100%
10 Doveton Melbourne $608,000 100%
1 Leichhardt Brisbane $607,000 99%
2 Churchill Brisbane $625,000 99%
3 Gailes Brisbane $609,000 99%
4 Dinmore Brisbane $583,000 98%
5 Riverview Brisbane $613,000 98%
6 One Mile Brisbane $612,000 98%
7 Ebbw Vale Brisbane $619,000 98%
8 Basin Pocket Brisbane $575,000 98%
9 Laidley North Brisbane $602,000 98%
10 Woodridge Brisbane $656,000 98%
1 Kwinana Town Centre Perth $598,000 100%
2 Stratton Perth $592,000 100%
3 Medina Perth $536,000 100%
4 Calista Perth $567,000 100%
5 Hillman Perth $603,000 100%
6 Koondoola Perth $630,000 100%
7 Brookdale Perth $585,000 100%
8 Lockridge Perth $610,000 100%
9 Orelia Perth $598,000 100%
10 Parmelia Perth $595,000 100%
1 Elizabeth Downs Adelaide $555,000 100%
2 Elizabeth Park Adelaide $554,000 100%
3 Salisbury North Adelaide $606,000 100%
4 Davoren Park Adelaide $528,000 100%
5 Elizabeth North Adelaide $510,000 100%
6 Elizabeth Grove Adelaide $565,000 100%
7 Elizabeth East Adelaide $576,000 100%
8 Smithfield Plains Adelaide $538,000 100%
9 Elizabeth South Adelaide $541,000 100%
10 Christie Downs Adelaide $656,000 99%
1 Gagebrook Hobart $376,000 100%
2 Herdsmans Cove Hobart $381,000 100%
3 Clarendon Vale Hobart $441,000 100%
4 Chigwell Hobart $487,000 100%
5 Warrane Hobart $550,000 100%
6 Goodwood Hobart $525,000 100%
7 Risdon Vale Hobart $456,000 99%
8 Bridgewater Hobart $407,000 99%
9 New Norfolk Hobart $454,000 99%
10 Rokeby Hobart $511,000 99%
1 Moulden Darwin $480,000 100%
2 Gray Darwin $485,000 100%
3 Driver Darwin $510,000 100%
4 Woodroffe Darwin $517,000 100%
5 Malak Darwin $534,000 100%
6 Bakewell Darwin $537,000 100%
7 Karama Darwin $514,000 100%
8 Rosebery Darwin $620,000 99%
9 Wagaman Darwin $545,000 99%
10 Wulagi Darwin $567,000 99%
1 Belconnen Canberra $674,000 89%
2 Charnwood Canberra $722,000 84%
3 Phillip Canberra $702,000 80%
4 Macnamara Canberra $641,000 61%
5 Banks Canberra $778,000 56%
6 Holt Canberra $796,000 52%
7 Richardson Canberra $798,000 51%
8 Ngunnawal Canberra $798,000 51%
9 Lawson Canberra $826,000 47%
10 Macgregor Canberra $809,000 46%
Source: PropTrack. Excludes suburbs with fewer than 100 properties with medium / high confidence estimate.

Capital city suburbs where a $500,000 budget affords the greatest share of units

Rank Suburb City Median value (AVM) % of units below $500k
1 Vineyard Sydney $366,000 91%
2 Chain Valley Bay Sydney $440,000 84%
3 Carramar Sydney $452,000 69%
4 Lakemba Sydney $467,000 68%
5 Berkeley Vale Sydney $457,000 67%
6 Wiley Park Sydney $468,000 66%
7 Harris Park Sydney $488,000 58%
8 Cabramatta Sydney $494,000 52%
9 Mount Druitt Sydney $491,000 51%
10 Fairfield Sydney $495,000 51%
1 Melton South Melbourne $382,000 98%
2 Melton Melbourne $398,000 97%
3 Harkness Melbourne $449,000 93%
4 Brookfield Melbourne $424,000 91%
5 Darley Melbourne $424,000 84%
6 Travancore Melbourne $353,000 84%
7 Melton West Melbourne $450,000 83%
8 Kurunjang Melbourne $455,000 81%
9 Hoppers Crossing Melbourne $456,000 79%
10 Werribee Melbourne $443,000 79%
1 Kooralbyn Brisbane $352,000 100%
2 Logan Central Brisbane $399,000 95%
3 Moores Pocket Brisbane $436,000 84%
4 Woodridge Brisbane $439,000 79%
5 Mount Warren Park Brisbane $480,000 66%
6 Beenleigh Brisbane $469,000 63%
7 Churchill Brisbane $481,000 60%
8 Waterford West Brisbane $493,000 53%
9 Booval Brisbane $496,000 52%
10 Goodna Brisbane $528,000 45%
1 Orelia Perth $367,000 88%
2 Lockridge Perth $427,000 80%
3 Parmelia Perth $456,000 70%
4 Safety Bay Perth $472,000 70%
5 Shoalwater Perth $430,000 68%
6 Wellard Perth $488,000 65%
7 Glendalough Perth $437,000 65%
8 Swan View Perth $468,000 64%
9 Mandurah Perth $478,000 58%
10 Cooloongup Perth $494,000 57%
1 Bedford Park Adelaide $420,000 73%
2 Elizabeth East Adelaide $470,000 67%
3 Kilburn Adelaide $474,000 60%
4 Angle Park Adelaide $460,000 59%
5 Andrews Farm Adelaide $469,000 55%
6 Keswick Adelaide $465,000 55%
7 Para Vista Adelaide $493,000 55%
8 Salisbury Adelaide $484,000 54%
9 Kurralta Park Adelaide $472,000 54%
10 New Port Adelaide $488,000 53%
1 Bridgewater Hobart $368,000 99%
2 New Norfolk Hobart $419,000 95%
3 Glenorchy Hobart $439,000 89%
4 Brighton Hobart $446,000 87%
5 Montrose Hobart $455,000 84%
6 Berriedale Hobart $454,000 80%
7 Moonah Hobart $457,000 76%
8 Claremont Hobart $449,000 76%
9 Lutana Hobart $471,000 73%
10 Rosetta Hobart $475,000 65%
1 Gray Darwin $307,000 100%
2 Yarrawonga Darwin $324,000 100%
3 Driver Darwin $326,000 100%
4 Woodroffe Darwin $331,000 100%
5 Moulden Darwin $331,000 100%
6 The Narrows Darwin $397,000 100%
7 Karama Darwin $286,000 100%
8 Malak Darwin $303,000 99%
9 Bakewell Darwin $328,000 99%
10 Leanyer Darwin $371,000 99%
1 Hughes Canberra $332,000 77%
2 Gungahlin Canberra $466,000 70%
3 Lyons Canberra $388,000 69%
4 Curtin Canberra $422,000 68%
5 Hackett Canberra $415,000 65%
6 Hawker Canberra $400,000 62%
7 Chifley Canberra $450,000 57%
8 Belconnen Canberra $488,000 53%
9 Greenway Canberra $516,000 48%
10 Franklin Canberra $505,000 47%
Source: PropTrack. Excludes suburbs with fewer than 100 properties with medium / high confidence estimate.

The post The best Aussie suburbs for finding an affordable property appeared first on realestate.com.au.

June 18, 2025/0 Comments/by JKents
https://www.juliankent.com/wp-content/uploads/2025/11/logo.png 0 0 JKents https://www.juliankent.com/wp-content/uploads/2025/11/logo.png JKents2025-06-18 12:01:102025-06-18 12:01:10The best Aussie suburbs for finding an affordable property

Melbourne suburbs where houses remain affordable for buyers

Melbourne suburbs where houses remain affordable for buyers.

Stretching the budget from a unit to a house makes sense for a savvy buyer in suburbs where the difference can be less than the cost of a new car.

New Ray White data reveals areas such as Doveton, Melton South and Hampton Park East, the gap between the median price for houses and units is as little as $58,000, opening the door for buyers to set their sight on a full-sized home.

Ray White chief economist Nerida Conisbee said the figures challenge the belief that units were always the most affordable entry point.

“In some parts of Melbourne, houses are still very achievable,” she said.

“If the gap is small, and you’re planning to stay for the long term, stretching for a house can be a very smart move.”

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Buyers were often surprised to find just how close house prices were to units in outer suburbs, Ms Conisbee said.

“It’s not everywhere, but where that gap is narrow, it’s absolutely worth looking at houses instead.”

In Doveton, the median unit price sits at $487,500, compared to $545,000 for a house, a difference of just $57,500.

Houses were within reach in Melton South, a gap of $62,500, Hampton Park East, $72,500, Werribee, $90,000, and Craigieburn, $110,000.

Ni Advocacy director and buyers advocate Kevin Ni said young buyers are bypassing units in outer suburbs like Melton and Hampton Park East to secure full-sized houses with better land, value and long-term growth.

Ni Advocacy buyers advocate Kevin Ni said home prices was forcing buyers to rethink old assumptions and location was no longer the only driver to get in to the market.

“When you’re looking at a $60,000 difference, and you get more land, privacy, and long-term growth potential, it’s worth stretching for the house,” Mr Ni said.

“We’re seeing some buyers turn away from units altogether in suburbs like these, especially with help from parents or the first home guarantee.”

235a McGrath Road, Wyndham Vale, with a $465,000-$495,000 price guide.

8 Epping Drive, Wyndham Vale, with a $640,000-$670,000 price guide.

Mr Ni said that while many younger buyers were drawn to units in inner suburbs for lifestyle, families and second-time buyers were increasingly seeking value on the fringe.

“People are getting smarter about trade-offs. They’re prioritising land and growth over postcode prestige.”

Independent economist Cameron Kusher said the price gap between houses and units remained relatively modest in some growth areas.

“In blue-chip areas, houses have skyrocketed and units haven’t kept pace,” Mr Kusher said.

14 Babina Ave, Melton South has a $609,000-$639,000 price guide.

40/17 Crestmont Drive, Melton South, has a $395,000-$420,000 price guide.

“But in the outer suburbs, that hasn’t happened to the same extent which is why we’re seeing more buyers opt for houses if the numbers stack up.”

While units would always have a place in Melbourne’s housing mix, Mr Kusher said first-home buyers were increasingly running the maths.

“Where the price gap is narrow, and lifestyle needs allow, it’s a no-brainer, go for the house.”

Additional reporting by Lydia Kellner


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MORE: Melb buyers heat up market in cold snap

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david.bonaddio@news.com.au

The post Melbourne suburbs where houses remain affordable for buyers appeared first on realestate.com.au.

June 18, 2025/0 Comments/by JKents
https://www.juliankent.com/wp-content/uploads/2025/11/logo.png 0 0 JKents https://www.juliankent.com/wp-content/uploads/2025/11/logo.png JKents2025-06-18 12:01:102025-06-18 12:01:10Melbourne suburbs where houses remain affordable for buyers

Adelaide homes smashing records as demand for premium properties rises

The cost of living crisis isn’t deterring cashed-up buyers, with a string of Adelaide properties smashing sale price records in recent months.

Industry experts say interest in premium properties hasn’t eased despite increasing financial pressures – and it probably won’t in the near future.

A Kidman Park house is one of the latest to raise the bar for its suburb after selling for $2.175m.

The five-bedroom home at 20 Cassia Cres knocked the residence at 103 Riverway, which changed hands for $2.011m in January, out of the top spot.

MORE: Holiday home that rents for $1200 a night

The Kidman Park property at 20 Cassia Cres has set a new house price record for its suburb.

It changed hands for $2.175m.

Ray White Henley Beach principal Anthony Fahey.

Ray White Henley Beach principal Anthony Fahey, who sold the property with Samuel Parsons, said it attracted strong interest throughout its campaign.

“It’s a well-built property and it would be hard to replicate at that value,” Mr Fahey said.

“A younger family who were upgrading from a smaller property bought it.”

“We have seen a lot of high-end properties selling and a lot of suburb records broken at the moment.”

A beachfront house at Somerton Park also recently set a new price record, this time for its council area, following its $7.65m sale.

The two-storey 1960s-built home at 27 Esplanade attracted more than a dozen offers before the deal was sealed.

Property records show the previous top sale for a house in the council area was the South Brighton residence at 181 Esplanade, which sold for $6.375m in July 2024.

Mr Fahey said some buyers, including those looking to purchase their first home, could be priced out of many suburbs if homes continued to smash records.

Ouwens Casserly Real Estate executive director Alex Ouwens agreed it could make getting into the market harder for some.

He said a range of factors, including further interest rate cuts forecast over the next year, could give some more buying power but it could also further inflate prices.

“When people have more money in their pockets, they’ve got more to put into a house,” he said.

MORE: The suburb where rents have hit a staggering height

The Somerton Park home at 27 Esplanade broken the house price record for its council area.

It was snapped up for $7.65m.

Ouwens Casserly managing director Alex Ouwens.

“Normally when you get a couple of really good sale prices in a suburb, it recalibrates values to a degree.

“I think there is a little bit of a plateau in the market at the moment, especially in that middle range.

“But the affordable end of the market is still quite strong and we’re really seeing a fair bit of strength in the premium market.”

Mr Ouwens said Adelaide has had a tight supply for years, which has been worsened by low new listings this winter and high barriers to new builds, including labour shortages, material costs and planning red tape.

“Buyers, especially families upsizing or interstate returnees, are forced to compete for the best homes,” he said.

“Adelaide’s market is being driven by a unique combo: high demand, low supply, and relative affordability compared to the bigger capitals.

“Add motivated, cashed-up buyers and a bit of competition, and suburb records are the natural outcome.”

Mr Ouwens said not every property would break records so it was important for sellers to speak to a real estate specialist in their area to get a realistic expectation of what their home might sell for.

The post Adelaide homes smashing records as demand for premium properties rises appeared first on realestate.com.au.

June 18, 2025/0 Comments/by JKents
https://www.juliankent.com/wp-content/uploads/2025/11/logo.png 0 0 JKents https://www.juliankent.com/wp-content/uploads/2025/11/logo.png JKents2025-06-18 12:01:102025-06-18 12:01:10Adelaide homes smashing records as demand for premium properties rises
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