Geraldton, Western Australia
As the only city on the state's Coral Coast, Geraldton is increasingly attracting a wide demographic thanks to its affordable house prices, with young people, families, and retirees among the largest groups relocating to the area.
In its report, CoreLogic also identified the cheapest suburbs to live in Australia, with the cities of Perth and Adelaide making up the top 10. The cheapest suburb to live in Australia, according to the report, was the suburb of Elizabeth North in Greater Adelaide, where the average price of a home is $291,526.
For the cheapest apartments nationally, buyers need look no further than South Hedland in Western Australia, where the median price is $151,000. A suburb of Port Hedlandin the Pilbara region, 1800km north of Perth, units range from from older-style walk-ups to newer builds and villas.
While Canberra is the most expensive city to rent a house, Sydney has taken the crown for being the most expensive city to rent a unit at $575-per-week. Canberra's median asking rent for a unit is $560-per-week. Sydney has seen a steep rental rise for units with a yearly increase of 18.6 per cent.
Australia's most expensive suburbs by median house price are all concentrated in Sydney, the most expensive city in Australia, and one of the most expensive in the world.
Queensland families are forking out more than $76,000 a year on general living expenses, with rising costs on housing, food, energy and transport swallowing up the bulk of people's pay, the latest Australian Bureau of Statistics (ABS) study on spending habits shows.
The top 10 affordable major regional areas are Toowoomba, Mackay, and Ipswich in Queensland; Tamworth, Maitland, City of Shoalhaven, and Wagga Wagga in New South Wales; and Ballarat, Greater Bendigo, and Shepparton in Victoria.
South Australia has been crowned Australia's most considerate state! South Australians have been found to be the most likely to consider other people's needs, according to the Helga's Kindness Index, a first-of-its-kind report examining the state of kindness in the country.
General health
In 2017-18, over half (56.4%) of Australians aged 15 years and over considered themselves to be in excellent or very good health with the highest rate in Western Australia (60.7%) and the lowest rate in Tasmania (51.2%).
Canberra remains Australia's most expensive capital city in which to rent a house at a median cost of $690 per week, ahead of Sydney on $660, according to the Domain Rent Report March 2023 Quarter released today.
Tara, Queensland
This community of nearly 3,000 people is also known for being one of the most inexpensive places to live in the country—and with an expanding property market.
Family of four estimated monthly costs are 3,707.9$ (5,563.5A$) without rent. A single person estimated monthly costs are 1,053.1$ (1,580.1A$) without rent. Cost of living in Australia is, on average, 5.0% higher than in United States. Rent in Australia is, on average, 15.4% lower than in United States.
Climate. Owing to its elevation, Stanthorpe features a subtropical highland climate (Cfb). At an altitude of 811 metres (2,661 ft), Stanthorpe holds the record for the lowest temperature recorded in Queensland at −10.6 °C (12.9 °F) on 23 June 1961.
While the climate draws many to Queensland, it can be a downside if you struggle with heat and humidity. The state's size also means there is significant climate diversity, so don't fall for the popular impression of nothing but endless sunshine and clear blue skies.
What are the richest suburbs in Australia? The highest-earning suburbs in Australia are Cottesloe and Peppermint Grove in Western Australia, based on the ATO's latest taxation figures. See the full list of postcodes below.
Beachside suburbs like Coogee and Bondi come out on top for liveability. Close enough to the city centre while existing in their own bubble, these coastal hotspots offer exquisite views and a space to breathe away from the commotion. For trendy inner-city living, try Paddington and Potts Point.
So why is the cost-of-living in Australia so high? One of the major reasons is inflation. A measure for household inflation, the Consumer Price Index, or CPI, increased by 2.1% in the first quarter of this year and 5.1% annually, according to data compiled by the Australian Bureau of Statistics (ABS).
The most expensive state to move to in 2023 is Hawai'i, with an average home price of $636,400.
Consider going modular or prefabricated
Hipages.com.au say, "In general, modular homes cost between $2500 and $3000 per square metre, but the cost will vary." Read more on how to build a home in our complete guide.