Affordable Real Estate Guide for South Australia,
South Australia is home to approximately 1,650,600 individuals. It ranks as the fourth-largest state in Australia by area. Moreover, it is the fifth-largest state based on population.
Most residents reside in Adelaide, which serves as the capital city. However, significant populations can also be found in large cities like Mount Gambier and Whyalla.
Furthermore, South Australia encompasses some of the continent’s driest regions. It is bordered by five of Australia’s seven mainland states and territories.
If you seek a wide array of affordable suburban properties, South Australia is an excellent choice. Adelaide features several suburbs where buying homes is more economical than renting properties.
Additionally, you will discover various suburbs throughout the state where homes are attractively priced for purchase.
Top Adelaide Suburbs
As the fifth-largest city in Australia, Adelaide houses approximately 1.2 million residents from South Australia.
Properties in these suburbs are offered at attractive prices for families seeking to embrace Adelaide’s vibrant culture.
Additionally, the city provides plentiful employment opportunities, making it an appealing choice for those looking to relocate.
Gilles Plains
Situated approximately 15 kilometers from Adelaide’s Central Business District (CBD), Gilles Plains is one of the most affordable suburbs nearby.
This area has experienced significant development in recent years, making it a popular choice among young professionals and workers.
Moreover, residents appreciate the tight-knit community atmosphere, which fosters strong connections between neighbors.
Additionally, Gilles Plains offers good public transportation options, enhancing accessibility for those commuting to the city.
Rosewater
Rosewater is another developing suburb situated just 12 kilometers from the CBD and close to Adelaide’s local beaches.
The historic and scenic area is also adjacent to the culturally rich Port Adelaide, enhancing its appeal for residents.
If you are considering purchasing property in Rosewater, you can anticipate an increase in value over the coming years.
This growth is expected as more people relocate to the area, drawn by its charm and convenience.
Morphett Vale
With a population of 22,602 residents, Morphett Vale is the largest suburb in South Australia by a significant margin.
Located south of Adelaide, it is an ideal area for young families seeking affordable housing options and community amenities.
Moreover, Morphett Vale offers quality schools, ensuring excellent education for children in the area.
Additionally, residents benefit from great public transportation, as well as a diverse range of shopping, dining, and entertainment options.
Other Affordable Suburbs in South Australia
Some of the following cities are situated in less populated regions, which may not attract many properties for potential investors.
Consequently, these areas might not offer the best options for those seeking renters in the housing market.
However, these locations could be an excellent choice for families looking to establish roots and settle down comfortably.
Additionally, the quieter environment can provide a peaceful lifestyle that many families find appealing and desirable.
Peterborough
Peterborough is situated off the Barrier Highway in the northern region of South Australia.
This small suburban town is home to 1,689 residents who have cultivated a strong sense of community.
Additionally, the beautiful local countryside enhances the charm of this suburb, attracting those seeking a peaceful lifestyle.
Moreover, Peterborough is known as a safe, quiet, and very affordable place to live, making it appealing for families.
Port Pirie
Situated approximately 224 kilometers north of Adelaide, Port Pirie is a well-liked coastal town with a population of around 13,206.
New residents often appreciate the affordable housing options available in the area, making it an attractive place to settle.
Moreover, the town offers diverse employment opportunities across various industries, enhancing its appeal for those seeking work.
Additionally, the combination of affordability and job prospects makes Port Pirie a desirable location for newcomers.
Whyalla Stuart
Whyalla Stuart is a small seaport town situated within Whyalla, the third-largest city in South Australia.
For many residents of Whyalla Stuart, purchasing a home is often more affordable than renting one in the area.
In fact, the average mortgage costs around $1,168 per month.
In comparison, monthly rental prices typically reach about $1,343, highlighting the financial benefits of homeownership.
Coober Pedy
If you are searching for a unique home that stands out from other properties in Australia, consider Coober Pedy.
Located in northern South Australia, Coober Pedy features a desert climate where temperatures soar during the summer months.
As a result, many residents choose to construct cave homes within nearby dugouts to stay cool.
Additionally, this small mining town is known for being home to the world’s largest source of opal, attracting visitors.