Which city suburbs are best for families?

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on May 30, 2022 Fact Checked
Which city suburbs are best for families?

New research from Well Money has identified the top 20 family housing markets in Australia right now.

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

Rank

Suburb

Median house price

Increase in inventory levels over past 3 months

1

Barellan Point, Qld, 4306

$807,000

+3.3 months

2

Willunga, SA, 5172

$607,500

+3.3 months

3

Mons, Qld, 4556

$1,100,000

+3.2 months

4

Boya, WA, 6056

$620,000

+3.0 months

5

Nudgee, Qld, 4014

$855,000

+2.8 months

6

Gisborne, Vic, 3437

$1,050,000

+2.7 months

7

Junortoun, Vic, 3551

$750,000

+2.6 months

8

Silvan, Vic, 3795

$1,395,000

+2.5 months

9

Camp Mountain, Qld, 4520

$1,300,000

+2.5 months

10

Newport, Qld, 4020

$1,350,000

+2.4 months

11

Selby, Vic, 3159

$1,000,000

+2.3 months

12

Warwick, WA, 6024

$630,000

+2.3 months

13

West Lakes Shore, SA, 5020

$842,000

+2.2 months

14

Edgewater, WA, 6027

$630,000

+1.9 months

15

Bolwarra Heights, NSW, 2320

$940,000

+1.9 months

16

Torquay, Vic, 3228

$1,330,000

+1.9 months

17

Curtin, ACT, 2605

$1,421,000

+1.8 months

18

Black Mountain, Qld, 4563

$950,000

+1.8 months

19

Saratoga, NSW, 2251

$1,300,000

+1.7 months

20

Viewbank, Vic, 3084

$1,270,000

+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.”


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Aaron joined Savings.com.au in 2021. He is a finance journalist with a keen interest in property, the share market, and improving financial literacy in young Australians.

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