The 10 Cheapest Places to Live in Australia
The 10 Cheapest Places to Live in Australia.
Living in any of Australia’s capital cities is incredibly expensive.
In Sydney, for example, house prices have surged past the $1 million mark after six
consecutive months of declines.
The median house price in the city was $1,021,968 during the second quarter of 2016 and, while
it’s below last year’s record-breaking median house price of $1,032,899, it’s still
far more than what the average person could afford.
Because of this, it’s advisable to look for a place to live outside capital cities,
where rent and house prices are much cheaper but the quality of life is still decent enough
for young professionals, growing families, and empty-nesters.
We've compiled a list of the cheap places to live in Australia to help you choose the
best area for yourself and your loved ones.
These places are ranked not just by their housing prices but also according to their
population, unemployment rate, and access to important services like healthcare and
10: Wagga Wagga.
Wagga Wagga Population: 63,428.
Unemployment rate: 3.06%.
Average House Price: $358,000.
Wagga (as it’s fondly called by the locals) may not be a capital city, but it has made
a name for itself due to its military, transport, and agricultural significance.
The Australian Army and the Royal Australian Air Force have bases in Wagga Wagga, and large
corporations like Heinz, Fonterra, Cargill, Big W, and Target all have built a presence
in the city.
Ballarat Population: 101,578.
Unemployment rate: 5.90%.
Average House Price: $340,000.
Ballarat is one of the best places to live if you love history and culture.
The area became one of the centres of the Victorian gold rush, and the local architectural
styles reflect this affluent era in history.
Living in the city will give you access to theatres, museums, and art galleries as well
as live musical performances.
Tamworth Population: 61,121.
Unemployment rate: 8.09%.
Average House Price: $325,000.
Tamworth has many titles, from the “First City of Lights” (since it was the first
area in the country with electricity), the “National Equine Capital of Australia”
(due to its numerous equine events), and the “Country Music Capital of Australia”.
The retail industry contributes a lot to the local economy, although agriculture also remains
It’s the perfect city if you want to have access to musical and sporting events the
whole year round.
Toowoomba Population: 163,232.
Unemployment rate: 4.42%.
Average House Price: $305,000.
Toowoomba is a great place to live if you love flowers and gardens.
With its annual flower carnival and over a hundred public gardens, you’ll be surrounded
with blooms the whole year round.
Toowoomba has many cafes, restaurants, cinemas, theatres, and shopping centres, so you won’t
really miss out much on city living.
Dubbo Population: 41,934.
Unemployment rate: 3.3%.
Average House Price: $298,000.
Dubbo is mainly an agricultural city (one of its largest employers is Fletcher International
Exports, which exports lamb products), but it also provides healthcare services to neighbouring
towns and is a major shopping centre in the region.
The city has several interesting attractions including the Taronga Western Plains Zoo and
the Old Dubbo Gaol, so tourism unsurprisingly plays a huge part of the local economy.
Wodonga Population: 38,559.
Unemployment rate: 6.82%.
Average House Price: $275,000.
Wodonga is a central delivery point for government services to surrounding areas, and its economy
is dominated by a cattle market, logistics providers, and various factories.
It’s often paired with the neighbouring city of Albury (although Wodonga technically
belongs to Victoria and Albury belongs to NSW), and together they form the urban area
Midura Population: 53,015.
Unemployment rate: 8.6%.
Average House Price: $252,000.
If you’ve always wanted to live near vineyards, you won’t go wrong with choosing Mildura.
It’s home to several wine estates including Lindemans, Trentham, and Oak Valley Estate,
and it’s the source of around 80 percent of grape production in Victoria.
The city has several shopping establishments (including big-box stores and a pedestrian
mall), so stocking up on essentials isn’t a problem.
3: Greater Taree.
Taree Population: 49,095.
Unemployment rate: 9.73%.
Average House Price: $251,000.
The Greater Taree City Council has been amalgamated with Great Lakes and Gloucester Shire to form
the Mid–Coast Council in May 2016.
Still, this doesn’t change the fact that Greater Taree is one of the best and the cheapest
place to live in Australia.
Its coastal location makes it a fantastic place for avid surfers and beach lovers.
Aside from its lovely beaches, the area is home to the oyster farming community, making
it ideal for those who are fond of oysters and want to have easy access to these aphrodisiac
2: The Latrobe Valley.
Latrobe Valley Population: 73,548.
Unemployment rate: 4.9%.
Average House Price: $247,000.
Latrobe isn’t afraid to mix work and play.
The local economy is supported by manufacturing, agricultural, engineering, power generation,
and information technology industries, while the natural landscape allows for hiking and
The Latrobe River, along with various bodies of water like the Hazelwood Pondage, encourage
swimming and other water sports.
Shepparton Population: 63,366.
Unemployment rate: 6.28%.
Average House Price: $240,000.
Shepparton is the cheapest city in Australia, but it’s definitely not the tackiest!
Known as the “Food Bowl of Australia”, it’s the home of many farming and food manufacturing
businesses that includes well-known companies like United Dairy, SPC Ardmona, and Campbell’s
Arts and culture are alive in the city, embodied by museums, concerts, plays, and even an art
project that involves local artists.