Affordable Suburbs with Properties Under $500K in NSW
Exploring Affordable Property Options in NSW: Suburbs Under $500K in 2025
While many claim property prices are unaffordable in 2025, there are still several regional NSW suburbs where the median house price is under $500,000. These areas could provide opportunities for first-time buyers or investors looking for more affordable options in a market where prices continue to rise.
For example, purchasing a property under $500,000 with a 20% deposit, plus costs, would leave you with a loan amount of around $400,000. Assuming a 6.50% interest rate and principal and interest repayments, your monthly repayments would be approximately $2,529. Compared to other Australian cities, this remains a more manageable repayment for many buyers. However, the question remains: would you want to live in a smaller regional town?
At Taylored Property Wealth, we target metro locations as we know they tend to outperform regional areas in the long term. CoreLogic confirmed in 2022 that, over the last 30 years, houses in metro areas increased by 453%, compared to regional areas. Metro locations typically offer higher incomes, stronger economies, and greater opportunities, making them a more attractive long-term investment.
Image reference: https://www.realestate.com.au/property-house-nsw-walgett-144241112
However, there are still regional NSW suburbs that may appeal to buyers seeking more affordable options. Here’s a closer look at some key suburbs under $500K:
Lightning Ridge NSW
- Median Value: $169,000
- Median Days on Market: 81
- Change in Value (last 5 years): 61.6%
- Vacancy Rate: 1.6% (as per SQM Research)
Narrabri NSW 2390
- Median Value: $387,000
- Median Days on Market: 41
- Change in Value (last 5 years): 74.4%
- Vacancy Rate: 0.2% (December 2024, SQM Research)
Gunnedah NSW
- Median Value: $428,000
- Median Days on Market: 55
- Change in Value (last 5 years): 60.4%
- Vacancy Rate: 1.6% (December 2024, SQM Research)
Inverell NSW
- Median Value: $361,000
- Median Days on Market: 71
- Change in Value (last 5 years): 58.1%
- Vacancy Rate: 0.6% (December 2024, SQM Research)
Glen Innes NSW
- Median Value: $368,000
- Median Days on Market: 74
- Change in Value (last 5 years): 105.8%
- Vacancy Rate: 1.8% (December 2024, SQM Research)
While these regional NSW suburbs remain under $500K, buyers should consider factors such as vacancy rates, capital growth, and the overall long-term prospects for the area. In contrast, metro locations continue to offer stronger growth potential and greater stability. At Taylored Property Wealth, we can help you identify and assess property investments that align with your goals, ensuring you make informed decisions whether you are considering a regional or metro investment.
Looking for expert guidance on property investment in 2025? 📩 Email us at info@tayloredpropertywealth.com.au or visit our website 👉 tayloredpropertywealth.com.au.
