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Sydney five times dearer than Hobart

Sydney five times dearer than Hobart

by Staff Reporter 0 comments

Affordable inner-city property still exists in Brisbane and even Melbourne, but is fast becoming impossible to find in Sydney.

Median house prices start from $353,000 for suburbs within 10 kilometres of Brisbane’s CBD, according to CoreLogic RP Data.

That figure rises to $583,000 in Melbourne and $840,000 in Sydney.

The Brisbane suburb of Rocklea has a median house price of $353,000, followed by Keperra on $439,000, Tingalpa on $479,000, Salisbury on $486,000 and Nathan on $487,000.

Bellfield in Melbourne has a median house price of $583,000, followed by Maidstone on $589,000, Footscray on $618,000, West Footscray on $631,000 and Preston on $676,000.

Sydney’s cheapest inner-city suburbs are Turrella on $840,000, Sydenham on $846,000, St Peters on $920,000, Tempe on $921,000 and Waterloo on $937,000.

By contrast, buyers can move into Hobart’s inner city for about a fifth of the Sydney prices respectively.

Median house prices are $156,000 for Clarendon Vale, $177,000 for Risdon Vale, $197,000 for Rokeby, $205,000 for Goodwood and $230,000 for Warrane.

Adelaide starts at $245,000 for Dry Creek, followed by Gepps Cross on $333,000, Kilburn on $352,000, Woodville Gardens on $353,000 and Mansfield Park on $354,000.

Perth’s cheapest inner-city suburbs are Osborne Park on $431,000, Westminster on $460,000, Nollamara on $462,000, Glendalough on $467,000 and Tuart Hill on $481,000.

Canberra buyers will pay a median house price of $462,000 in Page, $465,000 in Scullin, $501,000 in Evatt, $526,000 in Florey and $532,000 in Giralang.

The most affordable of Darwin’s inner-city suburbs are Malak on $569,000, Millner on $575,000, Anula on $580,000, Moil on $584,000 and Jingili on $609,000.

Sydney five times dearer than Hobart
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