Cheapest Suburbs to Buy in Southeast Queensland

February 24, 2021
| Alina Kuzminova

The Southeast Queensland property market is in high demand at the moment, which in return increases home prices. However, despite the increase, there’re still some affordable suburbs close to central areas. 

Jump to Sunshine Coast

BRISBANE

Finding an affordable property in close proximity to Brisbane CBD is becoming a harder task as property prices continue to increase. But there’re still suburbs that are below Brisbane LGA’s median house price of $738,000. 

Suburb MedianPrice YOY growth Distance to CBD (in Km’s)
Keperra $565,650 5.1% 3
Tingalpa $570,000 14% 10
Salisbury $625,000 3.9% 9
Source: Domain

As seen in the table above, the northern suburb of Keperra topped the list with its median house price of $565,650 and is located only 3km from Brisbane CBD. It was followed by the eastern suburb Tingalpa with the median price of $570,000 and a 14 per cent growth year-on-year. The third suburb is Salisbury with a median house price of $625,000. Here’s what these suburbs have to offer. 

KEPERRA

Located only 9km from Brisbane CBD, Keperra offers a wide range of transport options like two train stations and several bus routes. The area also has four shopping centres, a championship golf course, parks, and a hospital that make this suburb popular among young couples and families.

TINGALPA

Not only Tingalpa is located 10km from Brisbane CBD but has easy access to local shops, Westfield Carindale shopping centre, and multiple parks with playgrounds, a lagoon and walking trails. Not to mention the highly sought-after Tingalpa State School.

SALISBURY

Being less than 9km away from Brisbane CBD, Salisbury is also close to Griffith University and Westfield Garden City. Locals fondly refer to the suburb as an undiscovered pocket of green, making it a desirable, family-friendly are to live in.

SUNSHINE COAST 

NOOSAVILLE

This suburb looks promising this year as it’s more affordable than its neighbour Noosa. In Noosaville, a four-bed, two-bath home starts from $625,000 which is a great value. 

DOONAN

Doonan has large blocks of land available for great value. The hinterland and acreage areas are also performing well due to the increase in people working from home. 

ALEXANDRA HEADLAND

Due to its limited number of houses, Alexandra Headland is always a strong performer no matter the property market conditions. This is because the average years of ownership in the area is 20 years, meaning once you move there, you stay. 

ROSEMOUNT

Big houses and blocks of land along with close proximity to Maroochydore means Rosemount is a great place to buy. 

CURRUMUNDI

Currumundi property market is expected to boom due to the new infrastructure projects like Sunshine Coast University. It has a great position and close proximity to the beach, it’s only a matter of time before the area booms.

MADJIMBA

This suburb could be a hidden gem on the list as it’s close to Maroochydore CBD. It is a quiet beachside pocket area that’s desirable for many people looking for a relaxed lifestyle.

If you’re thinking of stepping into the property market, it is a great opportunity to buy in the areas within close proximity to central areas of the city as they will keep increasing in price.

Curious to find out how much you can borrow in the current climate? Find out in four simple steps here.

Alina Kuzminova
Article by Alina Kuzminova
From travelling the world to delving into the communications industry, Alina joined Coronis and the real estate industry in 2019. By the time Alina turned 21, she has lived in four countries by herself, exploring the possibilities our world has…
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