Most of Brisbane’s bargain suburbs are in the Moreton Bay, Logan and Ipswich local government areas.
Leichardt, in Ipswich, is Brisbane’s cheapest mainland suburb with a median house price of $238,000 reports realestate.com.au. If you don’t mind a boat commute then you’ll find the cheapest homes on Lamb and Russell islands.
But if growth potential is what you’re after then look to the north side where Terry Ryder of Hotspotting says the Morton Bay council area homes are ripe for growth because of the magic combination of affordability and infrastructure investment.
Earlier this year we shared this report on Moreton Bay burbs which had each sold more than 400 houses over the past 12 months. Three of those suburbs feature on this list of cheapies including Caboolture, Morayfield and Kallangur.
If you want to buy closer to Brisbane you’ll find Lawnton scrapes in at #75 while Ellen Grove is the only Brisbane City Council region on the list.
But what if you want to live right, smack bang in the heart of Brisbane for under $400,000? Well if you’re open to unit living you can have your cake and eat it too. That kind of budget will get an older style two-bedder in the blue-chip burb of Ascot or even a bolthole in the city centre. In fact Brisbane’s median unit price is under $400,000 so you can live just about anywhere.
For the house hunters amongst you, check out the list of greater Brisbane suburbs with median house prices under $400,000, according to CoreLogic data.
- Lamb Island – $185,000
- Russell Island – $199,500
- Leichhardt – $238,000
- Macleay Island – $242,500
- Riverview – $247,000
- Dinmore – $250,000
- Gailes- $250,000
- Ebbw Vale – $255,000
- One Mile – $255,004
- Churchill – $265,000
- North Booval – $267,000
- East Ipswich – $268,500
- Basin Pocket – $270,000
- Marburg – $279,000
- North Ipswich – $280,000
- Rosewood – $280,000
- Tivoli – $282,500
- Coochiemudlo Island – $290,000
- Ellen Grove – $291,000
- Booval – $295,000
- Wulkuraka – $302,000
- Bundamba – $302,500
- Silkstone – $305,000
- Caboolture South – $307,500
- Woodridge – $310,000
- Redbank – $315,000
- Eagleby – $315,000
- Blackstone – $316,000
- Kingston – $317,000
- Raceview – $320,000
- Walloon – $320,000
- Logan Central – $320,000
- Eastern Heights – $323,500
- Goodna – $325,000
- Newtown – $327,500
- Coalfalls – $335,000
- Redbank Plains – $335,000
- Caboolture – $335,000
- Crestmead – $335,500
- Ripley- $337,750
- Beenleigh – $337,750
- Collingwood Park – $340,000
- Brassall – $342,000
- Bellmere – $342,500
- Boronia Heights – $350,000
- Dunwich – $350,000
- Morayfield – $352,000
- Sadliers Crossing – $353,000
- Browns Plains – $353,500
- Deception Bay – $355,000
- Slacks Creek – $357,750
- Toorbul – $359,000
- Flinders View – $360,000
- Ipswich – $360,000
- Inala – $362,500
- Bethania – $364,000
- Yamanto – $365,000
- Marsden – $365,000
- Bellara – $365,000
- Willowbank – $367,500
- Waterford West – $368,000
- Beachmere – $377,500
- Bellbird Park – $383,750
- Loganlea – $384,250
- Kallangur – $385,000
- Edens Landing – $386,500
- Hillcrest – $387,500
- Woodend – $390,000
- Mount Warren Park – $393,000
- Woodford – $395,000
- Regents Park – $396,500
- Camira – $400,000
- Logan Reserve – $400,000
- D’aguilar – $400,000
- Lawnton – $400,000
Ready to find the Brissie burb with your name on it? View our current listings for sale or check our listings for rent.