Australia’s top 20 suburbs for family living have been revealed in an extensive new report by Property Credit.
Factors like affordability, community ethos, and access to urban amenities were considered when selecting the standout suburbs.
Property Credit’s chief executive officer Giordano Steapancic said that community dynamics were key to the suburb selection criteria.
“Selecting a family home is a decision that transcends the physical space. It’s about choosing a community, investing in a lifestyle, and considering the legacy we leave for our children,” Mr Stepancic said.
The report comes at a pivotal time in the real estate market, transitioning from a seller’s market to one that’s increasingly accommodating for buyers.
“As the market shifts, the opportunities for families are expanding,” Mr Stepancic said.
“The suburbs we’ve highlighted are transitioning to a buyers’ market, presenting a prime window for families to find a home in a community where they can truly belong,” he added.
The featured suburbs are still within 50km from the city, ensuring families can enjoy a peaceful lifestyle while remaining connected to the vibrant heart of the city.
The study further underscores the socio-economic benefits of these areas, suggesting a strong potential for both an enhanced lifestyle and investment growth.
“Our research goes beyond property metrics. It’s about the intangibles—the community spirit, the educational opportunities and the backdrop for family life,” Mr Stepancic said.
Download the Top 20 Suburbs for Raising a Family in Australia pdf here.
|Rank||State||Suburb||Sale Price median Houses||Family Household (%)||City distance (km)|
|5||WA||Jane Brook 6056||$625,000||84||23|
|7||WA||Aubin Grove 6164||$672,750||86||24|
|10||NT||Humpty Doo 0836||$675,000||79||5|
|11||WA||Wattle Grove 6107||$675,000||87||16|
|12||QLD||Deebing Heights 4306||$635,000||82||35|
|16||WA||Burns Beach 6028||$1,030,000||93||29|
This article is for general information purposes only and is not intended as financial product advice. Consider seeking independent financial advice that relates to your individual circumstances.