Brighter Buying

#5 cheapies within 10km of the CBD

by Kate Watt, Marketing Manager 15 October 2015

Brisbane buyers can secure a home for under half-a-million dollars within 10km of the CBD and still have spare change for an overseas holiday, unlike our Sydney and Melbourne counterparts.

Realestate.com.au has scoured the nation and compiled its list of top #5 bargain buys within 10km of each capital city, based on median sold prices for two and three-bedroom houses.

Check out Brisbane’s top #5 most affordable suburbs within 10km of the CBD:

  • Rocklea, 3-bed, $367,500
  • Salisbury, 2-bed, $418,750
  • Northgate, 2-bed, $452,500
  • Keperra, 3-bed, $457,500
  • Chermside, 2-bed, $473,000

By comparison, the most affordable suburb within 10km from the Sydney CBD is Tempe where the median price for a two-bedroom home is $843,250. Or how would you like airport noise with your two bedrooms in Mascot for $876,000?

In Melbourne you won’t find many homes for under half-a-million dollars within 10km of the city, with West Footscray boasting the most affordable median price of $524,000 for a two-bedroom home.

At the other end of the scale, Tasmania boasts the lowest median house prices where you won’t need to spend more than $200,000 to live within 10km of Hobart.

Back on the mainland, the cheapest suburb within 10km of the CBD is Kilburn, just north of Adelaide, with the median price for a two-bedroom home sitting at $307,500.

Read the full article on realestate.com.au.

 

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