Perth offers a range of suburbs that cater to those looking for affordable housing without compromising on amenities and quality of life. Whether you’re a first-home buyer, a family, or simply looking to rent or invest, these affordable suburbs offer a mix of convenience, value, and lifestyle appeal.
This guide highlights the most affordable suburbs in Perth, showcasing their median house and rental prices, key amenities, infrastructure, and distance from the CBD. The data is up-to-date as of January 2025.
1. Armadale: An affordable entry point for buyers
Located in Perth’s southeastern corridor, Armadale is one of the most budget-friendly suburbs for both buying and renting. Its mix of affordability and improving infrastructure makes it a standout option.
Why Armadale is affordable:
- Housing costs: Median house price: $550,000 while median unit price is $440,000. The median rental price is $550 per week (PW) for a house and $515 PW for a unit.
- Amenities: Armadale Shopping City provides access to retail stores, supermarkets, and cafes. The suburb also features parks like Minnawarra Park and a library for families.
- Infrastructure: The Metronet extension to Byford and upgrades to local train stations promise enhanced connectivity to Perth’s CBD.
- Distance from CBD: 26 km (35 minutes by car).
- Who it suits: Families, first-home buyers, and investors seeking long-term growth.
2. Balga: A budget-friendly northern suburb
Balga is a popular choice for those seeking affordable homes in the northern suburbs of Perth. Its proximity to essential amenities and public transport adds to its appeal.
Why Balga is affordable:
- Housing costs: The median house price is $573,500 and $435,000 for a unit. Median rental price is $590 PW for a house and $550PW for a unit.
- Amenities: Balga Plaza Shopping Centre offers shopping and dining options. The suburb also features parks like Barry Britton Reserve.
- Safety: While not the safest suburb, Balga’s affordability attracts renters and buyers looking for value.
- Distance from CBD: 13 km (20 minutes by car).
- Who it suits: Singles and families seeking affordable living close to the city.
3. Gosnells: Affordable living with green spaces
Gosnells, located in Perth’s southeast, is known for its affordability and family-friendly environment. Its mix of urban amenities and natural beauty makes it an appealing option.
Why Gosnells is affordable:
- Housing costs: Median house price is $610,000 while median unit price is $449,400. On the other hand, the average rental price for a house is $580 PW while that of a unit is $520 PW.
- Amenities: Gosnells Central Shopping Centre, local markets, and cafes cater to residents’ needs. Ellis Brook Valley Reserve provides a stunning natural escape.
- Infrastructure: Well-connected via the Armadale train line and Tonkin Highway, offering smooth commutes to the city.
- Distance from CBD: 21 km (30 minutes by car).
- Who it suits: Families and nature lovers seeking affordability and convenience.
4. Medina: A hidden gem for budget-conscious buyers
Medina, located in Perth’s southern suburbs, combines affordability with a peaceful lifestyle. Its charm lies in its greenery and community feel.
Why Medina is affordable:
- Housing costs: Median house price is $515,000 while the median rental price is $500 per week (Source: Real Estate).
- Amenities: The suburb offers green spaces like Ridley Green Park and shopping options at Kwinana Marketplace.
- Safety: Known for its quiet streets and low crime rates, Medina is ideal for families.
- Distance from CBD: 37 km (40 minutes by car).
- Who it suits: Families and retirees looking for affordable and peaceful living.
5. Midland: A well-connected and affordable suburb
Midland, northeast of Perth, is a growing suburb offering affordability, transport connectivity, and access to key amenities.
Why Midland is affordable:
- Housing costs: The median house price is $557,500 with the average unit price being $415,000. As for the rental prices, they range between $510 PW for a unit and $527 PW for a house.
- Amenities: Midland Gate Shopping Centre, Midland Public Hospital, and a range of schools and parks make it a convenient place to live.
- Infrastructure: As a major transport hub, Midland offers train and bus connections to the CBD and surrounding areas.
- Distance from CBD: 18 km (25 minutes by car).
- Who it suits: First-home buyers and professionals looking for convenience and affordability.
How we can help you find affordable housing in Perth
Navigating the Perth property market doesn’t have to be overwhelming. As experienced mortgage brokers, we specialize in finding financing solutions tailored to your budget and goals.
Why choose us:
- Wide lender network: With access to over 40 lenders, we help you secure competitive rates for your home loan.
- Personalized advice: We guide you through the home-buying process, ensuring you make an informed decision.
- Stress-free experience: From loan pre-approval to settlement, we handle the paperwork so you can focus on finding your ideal home.
Let us help you take the next step toward homeownership in one of Perth’s most affordable suburbs. Contact us today to get started.
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