Think buying a home in inner-city Sydney is only an option if you strike it rich in the lottery? There’s no need to give up your home ownership dream just yet – we’ve found the most affordable suburbs in New South Wales, where houses and units can be snapped up for a fraction of the prize of a pad with Harbour views!
Dust off your Blundstone boots and get ready to enjoy rural or regional life at its best, in these affordable New South Wales locales.
In Broken Hill, the median house price is just $102,500, less than you’ll need for a deposit in most areas of Sydney! This former mining down has been on struggle street in recent years, with high unemployment and low household incomes, so it’s probably best to line up a secure job before you pack your bags! Sure, you’re a long way from the big smoke – 500 kilometres from Adelaide and 1,160 kilometres from Sydney, to be exact – but if you think you could adjust to outback life, Broken Hill may just be the perfect spot for you.
> Don’t forget to check the most affordable areas nationwide too
This Riverina town, affectionately dubbed “Deni” by locals, is just inside the New South Wales border, 284 kilometres from Melbourne. Deniliquin is an agricultural hub, with rice, wool and timber industries and a yearly Ute Muster that always draws an enthusiastic crowd. It’s a great spot for families, with several great schools, a TAFE and Conservatorium of Music, as well as lots of opportunities for sporting enthusiasts. The median house price is just $207,000, making it one of the most affordable markets in New South Wales.
Moree, 628 kilometres from Sydney, is a major agricultural centre in the north-east of New South Wales, with a median house price of $212,500. As well as cotton farms, Moree boasts fabulous hot spring baths revered for their supposed healing qualities, and a number of beautiful old heritage-listed buildings. There’s an airport with services to Sydney and Brisbane, and train and coach links connect the town to other regional centres.
A median house price of just $155,000 beckons in Wellington, another farming town, 49 kilometres outside Dubbo. One of the oldest settlements west of the Blue Mountains, vegetable farms dominate the area, with wheat, wool and cattle also prominent industries. Trains run regularly to Sydney and Dubbo, and there’s plenty to see and do around the town, including the Wellington Caves and the Burrendong Arboretum Australian flora sanctuary.
West Wyalong is in the middle of nowhere, but also the middle of everywhere! The town sits at the crossroads of the Newell and Mid-Western Highways, with Melbourne, Sydney, Brisbane and Adelaide accessible in either direction. While it began as a gold mining town, West Wyalong is now a major exporter of Eucalyptus oil, and a main service centre for surrounding towns.
The largest suburb in Albury, Lavington has a median house price of $187,500. It’s a fantastic suburb to raise a family, with a swimming centre, five schools and a shopping centre with all the major amenities. The kids will have their pick of sporting clubs to join, with soccer, AFL, rugby league cricket and netball popular, and weekends can be spent perfecting their tricks at the local BMX and skate park. 128 kilometres from Wagga Wagga and 326 kilometres from Melbourne, Lavington is an affordable suburb in New South Wales for those dreaming of a tree-change.