The top 20 suburbs identified had a median house price between $200,000 and $1.5 million, within 200km of a capital city, and with 70% owner-occupier population. 

The suburbs also were in the top half of the country for educational and occupational status according to SEIFA (Socio-Economic Indexes for Areas). 

Top 20 suburbs for families



Median house price

Increase in inventory levels over past 3 months


Barellan Point, Qld, 4306


+3.3 months


Willunga, SA, 5172


+3.3 months


Mons, Qld, 4556


+3.2 months


Boya, WA, 6056


+3.0 months


Nudgee, Qld, 4014


+2.8 months


Gisborne, Vic, 3437


+2.7 months


Junortoun, Vic, 3551


+2.6 months


Silvan, Vic, 3795


+2.5 months


Camp Mountain, Qld, 4520


+2.5 months


Newport, Qld, 4020


+2.4 months


Selby, Vic, 3159


+2.3 months


Warwick, WA, 6024


+2.3 months


West Lakes Shore, SA, 5020


+2.2 months


Edgewater, WA, 6027


+1.9 months


Bolwarra Heights, NSW, 2320


+1.9 months


Torquay, Vic, 3228


+1.9 months


Curtin, ACT, 2605


+1.8 months


Black Mountain, Qld, 4563


+1.8 months


Saratoga, NSW, 2251


+1.7 months


Viewbank, Vic, 3084


+1.7 months

Source: Well Money

Well Money CEO Scott Spencer said he was pleased to see buying conditions had become easier for all the suburbs in the top 20 ranking.

“Over the past three months, inventory levels have increased in all the suburbs, which means there’s more stock on market, buyers have more options and downward pressure is being placed on prices, which should translate into discounts sooner or later,” he said.

“That’s good to see, because while it’s nice for people’s homes to increase in value, we don’t want working families to be priced out of the market.

“All the suburbs in the top 20 ranking are family-friendly as well, which means they contain a lot of families, they contain a lot of owner-occupiers, they’re relatively close to capital city CBDs and they’re above-average in terms of educational and occupational status.”


Buying a home or looking to refinance? The table below features home loans with some of the lowest interest rates on the market for owner occupiers.

Update resultsUpdate
LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees LVR Lump Sum Repayment Additional Repayments Split Loan Option TagsFeaturesLinkCompare
6.04% p.a.
6.06% p.a.
Principal & Interest
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Principal & Interest
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6.14% p.a.
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Principal & Interest
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Important Information and Comparison Rate Warning

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of . View disclaimer.

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