Cheapest vs Priciest Suburbs in Australia: Where Does Your Area Rank in 2025?
June 11, 2025

Description:
Explore the most expensive and most affordable suburbs across Australia in 2025. Learn how price gaps create opportunities for homebuyers and investors in every capital city.
Keywords:
Australian property prices 2025, suburb price ranking, cheapest suburbs, priciest suburbs, housing affordability, property investment, real estate Australia, where to buy property
As property markets across Australia continue to evolve in 2025, the gap between the cheapest and priciest suburbs in each capital city is more pronounced than ever. A detailed analysis from realestate.com.au reveals the price differences within Australia’s most in-demand areas—highlighting hidden gems that offer buyers potential savings of hundreds of thousands of dollars.
Whether you’re looking to buy your first home, relocate to a better suburb, or invest, understanding these regional disparities can give you a competitive edge.
Sydney – Eastern Suburbs
- Regional Median: $3.465 million
- Cheapest Suburb: Matraville ($2.61 million)
- Savings Potential: ~$850,000
Sydney’s eastern suburbs remain Australia’s most expensive housing market, driven by prestige, coastal proximity, and lifestyle appeal. However, suburbs like Matraville show that value still exists even within elite postcodes.
Melbourne – Inner East
- Regional Median: $1.56 million
- Cheapest Suburb: Blackburn North
- Average Saving: ~$300,000
Buyers priced out of Kew or Camberwell may find Blackburn North a compelling alternative. It offers good access to transport and schools at a significantly lower price point.
Brisbane – Inner City
- Regional Median: $1.57 million
- Cheapest Suburb: Albion
- Price Difference: ~$376,000
Albion is increasingly on the radar for professionals and first-home buyers seeking urban convenience without the inner-city premium.
Perth – Inner Region
- Regional Median: $1.765 million
- Cheapest Suburb: West Perth
- Potential Savings: ~$782,000
West Perth offers a surprising discount compared to its neighboring suburbs, making it a standout for inner-city Perth buyers and investors.
Units Market: Still Room for Value
Apartments also show stark differences across cities:
- In Melbourne’s inner south, Caulfield East units are priced around $408,000—more than $300,000 below the regional median of $716,000.
- In Sydney’s eastern suburbs, Edgecliff units offer a $343,000 discount on the $1.21 million median.
For those seeking to enter high-end areas with a smaller budget, units remain a strategic entry point.
What Drives These Price Gaps?
Common factors in lower-cost suburbs include:
- Greater distance from city hubs
- Fewer high-end amenities (schools, transport, dining)
- Older housing stock or smaller dwellings
While these suburbs may lack some features of their premium counterparts, they often provide long-term growth potential and represent value-for-money opportunities.
Smart Buying Strategies in 2025
If you’re navigating the market this year, here are three strategic tips:
- Be Flexible: Look beyond headline suburbs. Adjacent areas often provide similar benefits at lower cost.
- Understand Local Trends: Study median prices, infrastructure plans, and demographic shifts.
- Get Finance Ready: A pre-approved home loan puts you in a strong position to act quickly and negotiate with confidence.
Final Thoughts
With home prices still climbing in many areas, it’s more important than ever to look for value. This year’s suburb rankings show that even in the most expensive markets, there are still opportunities to buy smart—if you know where to look.