PropertyScout Research · Government Data Study
Australia's 50 Most Affordable Suburbs (2026)
Our finding: the most affordable suburb in Australia is Broken Hill, NSW, with a median house price of $257,000.
We ranked every Australian suburb with both a median house price and rental data, surfacing the 50 most affordable. Each is a place where you can still buy a house for a fraction of the capital-city median — many while collecting a solid rental yield.
| # |
Suburb |
Median House Price |
Weekly Rent |
Gross Yield |
| 1 |
Broken Hill
NSW
|
$257,000 |
$330/wk |
6.7% |
| 2 |
Coonabarabran
NSW
|
$300,000 |
$355/wk |
6.2% |
| 3 |
Cobar
NSW
|
$310,000 |
$263/wk |
4.4% |
| 4 |
Kerang
VIC
|
$312,500 |
$253/wk |
4.2% |
| 5 |
Ararat
VIC
|
$341,000 |
$316/wk |
4.8% |
| 6 |
Thurgoona
NSW
|
$353,050 |
$505/wk |
7.4% |
| 7 |
Morwell
VIC
|
$355,000 |
$380/wk |
5.6% |
| 8 |
Moree
NSW
|
$360,000 |
$343/wk |
5.0% |
| 9 |
Churchill
VIC
|
$365,000 |
$291/wk |
4.1% |
| 10 |
Condobolin
NSW
|
$375,000 |
$350/wk |
4.9% |
| 11 |
Wellington
NSW
|
$375,000 |
$420/wk |
5.8% |
| 12 |
Horsham
VIC
|
$379,500 |
$390/wk |
5.3% |
| 13 |
Maryborough
VIC
|
$379,500 |
$303/wk |
4.2% |
| 14 |
Numurkah
VIC
|
$380,000 |
$265/wk |
3.6% |
| 15 |
Stawell
VIC
|
$380,000 |
$265/wk |
3.6% |
| 16 |
Hamilton
VIC
|
$389,000 |
$370/wk |
4.9% |
| 17 |
Deniliquin
NSW
|
$395,000 |
$323/wk |
4.3% |
| 18 |
Portland
VIC
|
$397,500 |
$420/wk |
5.5% |
| 19 |
Red Cliffs
VIC
|
$408,800 |
$303/wk |
3.9% |
| 20 |
West Wyalong
NSW
|
$410,000 |
$410/wk |
5.2% |
| 21 |
Crestwood
NSW
|
$412,500 |
$800/wk |
10.1% |
| 22 |
Maffra
VIC
|
$412,500 |
$450/wk |
5.7% |
| 23 |
Windradyne
NSW
|
$415,000 |
$530/wk |
6.6% |
| 24 |
West Tamworth
NSW
|
$416,000 |
$490/wk |
6.1% |
| 25 |
Carramar
NSW
|
$420,000 |
$550/wk |
6.8% |
| 26 |
Narrandera
NSW
|
$429,000 |
$380/wk |
4.6% |
| 27 |
Bairnsdale
VIC
|
$430,000 |
$460/wk |
5.6% |
| 28 |
Temora
NSW
|
$431,000 |
$400/wk |
4.8% |
| 29 |
Mooroopna
VIC
|
$432,500 |
$316/wk |
3.8% |
| 30 |
Moe
VIC
|
$433,000 |
$390/wk |
4.7% |
| 31 |
Camperdown
VIC
|
$435,000 |
$303/wk |
3.6% |
| 32 |
Glen Innes
NSW
|
$440,000 |
$350/wk |
4.1% |
| 33 |
Rochester
VIC
|
$442,500 |
$278/wk |
3.3% |
| 34 |
Gillieston Heights
NSW
|
$444,900 |
$630/wk |
7.4% |
| 35 |
Cobram
VIC
|
$445,000 |
$316/wk |
3.7% |
| 36 |
Quirindi
NSW
|
$445,000 |
$352/wk |
4.1% |
| 37 |
Benalla
VIC
|
$457,500 |
$450/wk |
5.1% |
| 38 |
West Kempsey
NSW
|
$457,500 |
$480/wk |
5.5% |
| 39 |
Leeton
NSW
|
$460,000 |
$350/wk |
4.0% |
| 40 |
Euroa
VIC
|
$465,000 |
$316/wk |
3.5% |
| 41 |
Sebastopol
VIC
|
$465,000 |
$430/wk |
4.8% |
| 42 |
Norlane
VIC
|
$466,000 |
$316/wk |
3.5% |
| 43 |
Corowa
NSW
|
$467,500 |
$450/wk |
5.0% |
| 44 |
Seymour
VIC
|
$467,500 |
$410/wk |
4.6% |
| 45 |
Parkes
NSW
|
$470,000 |
$450/wk |
5.0% |
| 46 |
Redan
VIC
|
$470,000 |
$322/wk |
3.6% |
| 47 |
Newborough
VIC
|
$475,000 |
$390/wk |
4.3% |
| 48 |
Shepparton
VIC
|
$476,000 |
$460/wk |
5.0% |
| 49 |
Colac
VIC
|
$480,000 |
$329/wk |
3.6% |
| 50 |
Cootamundra
NSW
|
$480,000 |
$445/wk |
4.8% |
📎 Cite this research
Journalists and writers are welcome to reference these rankings. Please attribute to
PropertyScout AU with a link to this page.
Source: PropertyScout AU — Australia's 50 Most Affordable Suburbs 2026 (https://propertyscoutau.com.au/studies/most-affordable-suburbs-australia-2026)
Methodology & sources
Source: Australian government public data (state Valuer-General / land offices, ABS Census, official rental & crime statistics). Compiled by PropertyScout AU. Rankings cover 50 suburbs and exclude records flagged as anomalous, stale (pre-2022) or based on very small samples (population under 3,000). Figures are indicative and reflect the most recent published data per suburb. Not financial advice — always do your own due diligence.
❓ FAQs
How is the Australia's 50 Most Affordable Suburbs 2026 list compiled?
We rank suburbs directly from Australian government public data — state Valuer-General and land-office medians, ABS Census demographics, and official rental and crime statistics — applying quality filters to exclude anomalous or stale records.
How often is this updated?
The rankings regenerate automatically from our government data pipeline. Figures reflect the most recent published data for each suburb and can change as new data is released.
Can I use this data?
Yes — you're welcome to cite these rankings with attribution to PropertyScout AU (propertyscoutau.com.au). The underlying figures are public government data.
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