Guest The Pom Queen Posted December 30, 2012 Share Posted December 30, 2012 Most affordable median house prices within 10km of a capital city: Source RP Data Sydney Sydenham $649,000 Tempe $665,000 Waterloo $665,000 Beaconsfield $675,000 Turrella $685,000 St Peters $694,000 Darlington $712,000 Melbourne Maidstone $540,000 Footscray $546,000 Bellfield $567,000 Kingsville $606,000 Coburg $607,500 Preston $610,000 Yarraville $615,000 Brisbane Rocklea $280,000 Keperra $432,000 Salisbury $432,000 Chermside $442,500 Mount Gravatt $451,000 Stafford $454,300 Virginia $459,000 Adelaide Northfield $345,000 Woodville Gardens $346,500 Woodville North $347,500 Clearview $350,000 Kilburn $350,000 Hendon $358,000 Greenacres $360,000 Perth Westminster $395,000 Queens Park $400,000 Nollamara Perth $415,000 Ashfield Perth $426,000 Redcliffe Perth $435,000 Bentley Perth $438,000 Bassendean Perth $440,000 Hobart Clarendon Vale $155,000 Risdon Vale $176,500 Rokeby $210,000 Goodwood $216,250 Warrane $237,500 Mornington $265,000 Glenorchy $265,000 Darwin Alawa $472,500 Moil $497,500 Millner $522,000 Ludmilla $523,000 Anula $530,000 Jingili $565,000 Marrara Darwin $635,000 Canberra Scullin $450,000 Evatt$469,500 Page $472,400 Giralang $494,000 Crace $515,000 Kaleen $518,750 Macquarie $529,500 Link to comment Share on other sites More sharing options...
Ken Posted December 30, 2012 Share Posted December 30, 2012 Anyone know if Clarendon Vale is a nice area? Link to comment Share on other sites More sharing options...
Guest The Pom Queen Posted December 30, 2012 Share Posted December 30, 2012 Skani may be able to help with that. $155k isn't bad is it. Link to comment Share on other sites More sharing options...
Playghirl Posted December 30, 2012 Share Posted December 30, 2012 sORRY I AM LAUGHING AT THE AFFORDABLE* for Sydney. Sheesh!!! Link to comment Share on other sites More sharing options...
Rupert Posted December 30, 2012 Share Posted December 30, 2012 It is cheap that for Sydney. Don't know where any of those places are though. Link to comment Share on other sites More sharing options...
Playghirl Posted December 30, 2012 Share Posted December 30, 2012 Rupert, I am renting in Leichhardt, at 700 AUD per week in a near mill price range property so I get your point about cheap, but getting a mortgage on that must be tricky!! (well dependant on deposit and wages etc! Link to comment Share on other sites More sharing options...
NickyNook Posted December 30, 2012 Share Posted December 30, 2012 All the Sydney suburbs listed are either really close to the airport so they're badly affected by aircraft noise or they're full of ugly Housing Commission tower blocks. None of them are nice - though some streets in Waterloo and Beaconsfield aren't too bad - but they won't have the cheap houses. Link to comment Share on other sites More sharing options...
Skani Posted December 30, 2012 Share Posted December 30, 2012 Anyone know if Clarendon Vale is a nice area? Clarendon Vale was built as a Housing Commission subdivision in a pleasant rural area on the eastern shore of Hobart. However it does have a reputation for social problems. PS: Stand alone houses on their own blocks - definitely no tower blocks as in Sydney (above post). Link to comment Share on other sites More sharing options...
northshorepom Posted December 30, 2012 Share Posted December 30, 2012 WHat that says to me is that you need to be careful reading too much into median house prices - it's not normalised in any way for the type of property that is being bought/sold. For example, from that list you'd have to say Waterloo is a much more desirable (and expensive, like for like) area than Turrella - but you wouldn't think so from the list Link to comment Share on other sites More sharing options...
Guest Posted December 30, 2012 Share Posted December 30, 2012 All the Sydney suburbs listed are either really close to the airport so they're badly affected by aircraft noise or they're full of ugly Housing Commission tower blocks. None of them are nice - though some streets in Waterloo and Beaconsfield aren't too bad - but they won't have the cheap houses. True Link to comment Share on other sites More sharing options...
dmjg Posted December 30, 2012 Share Posted December 30, 2012 How can over half a million be affordable? A mortgage repayment on more than half a million is about 3 grand a month. I am on the second top tier as a teacher and that would be 3/4 of my monthly wage. How could I live off the rest, with a family including 2 kids? Who defines what is affordable? The paper editor bringing home $250000 per year? Link to comment Share on other sites More sharing options...
VERYSTORMY Posted December 30, 2012 Share Posted December 30, 2012 I am laughing at a lot of them. Loads are little better than sink estates. Move to Oz and take up crack. Link to comment Share on other sites More sharing options...
Playghirl Posted December 30, 2012 Share Posted December 30, 2012 I also am a teacher a d bring home after tax 2200 per month. Ruled out of buying in Sydney! Link to comment Share on other sites More sharing options...
Sir Les Patterson Posted December 30, 2012 Share Posted December 30, 2012 I'm glad I live in Cairns. Link to comment Share on other sites More sharing options...
Guest Posted December 30, 2012 Share Posted December 30, 2012 Most affordable median house prices within 10km of a capital city: Source RP DataSydney Sydenham $649,000 Tempe $665,000 Waterloo $665,000 Beaconsfield $675,000 Turrella $685,000 St Peters $694,000 Darlington $712,000 Melbourne Maidstone $540,000 Footscray $546,000 Bellfield $567,000 Kingsville $606,000 Coburg $607,500 Preston $610,000 Yarraville $615,000 Brisbane Rocklea $280,000 Keperra $432,000 Salisbury $432,000 Chermside $442,500 Mount Gravatt $451,000 Stafford $454,300 Virginia $459,000 Adelaide Northfield $345,000 Woodville Gardens $346,500 Woodville North $347,500 Clearview $350,000 Kilburn $350,000 Hendon $358,000 Greenacres $360,000 Perth Westminster $395,000 Queens Park $400,000 Nollamara Perth $415,000 Ashfield Perth $426,000 Redcliffe Perth $435,000 Bentley Perth $438,000 Bassendean Perth $440,000 Hobart Clarendon Vale $155,000 Risdon Vale $176,500 Rokeby $210,000 Goodwood $216,250 Warrane $237,500 Mornington $265,000 Glenorchy $265,000 Darwin Alawa $472,500 Moil $497,500 Millner $522,000 Ludmilla $523,000 Anula $530,000 Jingili $565,000 Marrara Darwin $635,000 Canberra Scullin $450,000 Evatt$469,500 Page $472,400 Giralang $494,000 Crace $515,000 Kaleen $518,750 Macquarie $529,500 Median price of what ? 3 bed house, 1 bed Unit or a Shoe box in the middle of the motorway ?? Link to comment Share on other sites More sharing options...
Guest Bazinga Posted December 30, 2012 Share Posted December 30, 2012 It's funny, I don't think of any of those being inner suburbs of Canberra and especially not Crace! Canberra is so small i guess a fair few of the suburbs fall in the 10km radius. Link to comment Share on other sites More sharing options...
Skani Posted December 30, 2012 Share Posted December 30, 2012 Median price of what ? 3 bed house, 1 bed Unit or a Shoe box in the middle of the motorway ?? The article does say "median house prices". I can't comment on the other cities but, for Hobart, those areas would be predominantly 3 bedroom houses. Link to comment Share on other sites More sharing options...
NickyNook Posted December 31, 2012 Share Posted December 31, 2012 Median price of what ? 3 bed house, 1 bed Unit or a Shoe box in the middle of the motorway ?? And in Sydney, the prices would be for those houses that were typical of that suburb. In most cases, they'd be small, old (Victorian or Federation), 2 bedroom terraces and semis. Turella is likely to have slightly newer houses (c 1920s) as it's a bit further out than the other suburbs. Link to comment Share on other sites More sharing options...
fish.01 Posted December 31, 2012 Share Posted December 31, 2012 I am laughing at a lot of them. Loads are little better than sink estates. Move to Oz and take up crack. In Perth? Most of the Brisbane suburbs listed are normal family suburbs. Link to comment Share on other sites More sharing options...
fish.01 Posted December 31, 2012 Share Posted December 31, 2012 It's funny, I don't think of any of those being inner suburbs of Canberra and especially not Crace! Canberra is so small i guess a fair few of the suburbs fall in the 10km radius. Same with Brisbane, more middle ring. Maybe the definition comes from someone in Sydney or Melbourne who wrote the article as their inner city is deemed much bigger than the rest? Link to comment Share on other sites More sharing options...
fish.01 Posted December 31, 2012 Share Posted December 31, 2012 How can over half a million be affordable? A mortgage repayment on more than half a million is about 3 grand a month. I am on the second top tier as a teacher and that would be 3/4 of my monthly wage. How could I live off the rest, with a family including 2 kids? Who defines what is affordable? The paper editor bringing home $250000 per year? Guessing, but I don't think they are just talking about first home buyers when they discuss affordable. People with some capital behind them are looking at trading up to suburbs they can afford within 10km. Link to comment Share on other sites More sharing options...
Lambethlad Posted December 31, 2012 Share Posted December 31, 2012 The so called "affordable" Melbourne inner suburbs aren't very nice at all and you wouldn't get much of a house for half a mil. Link to comment Share on other sites More sharing options...
fish.01 Posted December 31, 2012 Share Posted December 31, 2012 The so called "affordable" Melbourne inner suburbs aren't very nice at all and you wouldn't get much of a house for half a mil. Yeah, something people considering Melbourne or Sydney need to factor in...you have to live a lot further away from the city to have an equivalent house than the smaller capitals. Saying that Melbourne and Sydney's inner city urbanity spreads way further so if just looking for entertainment you may not have to travel as close to the CBD for some liveliness as you might in the smaller capitals. Link to comment Share on other sites More sharing options...
fish.01 Posted December 31, 2012 Share Posted December 31, 2012 I chose one of the suburbs off the Brisbane list, Keperra, and this is what you get for around the $432,000 price listed: http://www.realestate.com.au/property-house-qld-keperra-112507075 http://www.realestate.com.au/property-house-qld-keperra-112269859 http://www.realestate.com.au/property-house-qld-keperra-109483391 http://www.realestate.com.au/property-house-qld-keperra-111962735 22 mins on the train to the city in morning peak. Link to comment Share on other sites More sharing options...
Petals Posted December 31, 2012 Share Posted December 31, 2012 I agree the affordable suburbs are affordable for a reason. Grotty comes to mind, however I don't mind a bit of grotty around as it makes an area interesting. I like a good old cross section of society where I live, it give a place much more feeling. Also keeps the letter box makers and graffiti removers in work. Link to comment Share on other sites More sharing options...
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