Cheapest suburbs within 10km of the CBD

From us to you, here's a list of the cheapest suburbs within 10km of the CBD. 

From us to you, here's a list of the cheapest suburbs within 10km of the CBD. 

We know it's a struggle and a half if you want to buy a house - particularly if you want, or need, to live in our biggest cities.

While prices may be finally starting to drop (don't say it too loud - they'll hear you), there are still forces greater than you or I making a property purchase the most daunting financial prospect imaginable for most.  

So we spoke to the good people at PropTrack, data experts who keep a close eye on the property market, and they've given us a never-before-seen list of the most "affordable" suburbs within 10km of the heart of our big city centres.

They say prices have risen 18% in the past year across the nation, and in our capital cities the median value of a home $751,000 is capital cities - topped by Sydney at $982,000.

So we invite you to dive in and take a look at what you could actually buy with those dollars you've been putting into your ING Savings Maximiser account (thank you, Scott Pape).

Sydney

1. Eastlakes

Distance from CBD: 6.88km south

Median property price: $651,000

2. Hillsdale

Distance from CBD: 9.45km south

Median property price: $689,000

3. Canterbury

Distance from CBD: 9.87km south-west

Median property price: $698,000

4. Ashfield

Distance from CBD: 7.98km west

Median property price: $770,000

5. Turella

Distance from CBD: 9.21km south

Median property price: $794,000

6. Chippendale

Distance from CBD: 2.14km west

Median property price: $794,000

7. Potts Point

Distance from CBD: 1.50km east

Median property price: $829,000

8. Arncliffe

Distance from CBD: 9.69km south

Median property price: $838,000

9. Ultimo

Distance from CBD: 1.65km south-west

Median property price: $842,000

10. Burwood

Distance from CBD: 9.79km west

Median property price: $863,000

Melbourne

1. Travancore

Distance from CBD:  5.85km north

Median property price: $403,000

 

2. Carlton

Distance from CBD: 2.75km north

Median property price: $518,000

3. West Melbourne

Distance from CBD: 4.42km west

Median property price: 555,000

4. St Kilda

Distance from CBD: 4.39km south

Median property price: 581,000

 

5. Southbank

Distance from CBD: 0.82km south

Median property price: $581,000

6. Footscray

Distance from CBD: 7.18km west

Median property price: $582,000

7. Parkville

Distance from CBD: 4.60km north

Median property price: $582,000

8. Docklands

Distance from CBD: 2.90km east

Median property price: $597,000

9. North Melbourne

Distance from CBD: 3.77km north

Median property price: $605,000

10. Caulfield East

Distance from CBD: 8.79km south-east

Median property price: $615,000  

Brisbane

1. Spring Hill

Distance from CBD: 1.16km north

Median property price: $408,000

 

2. Chermside

Distance from CBD: 9.43km north

Median property price: $429,000

3. Bowen Hills

Distance from CBD: 3.01km north

Median property price: $432,000

 

4. Fortitude Valley

Distance from CBD: 1.78km north

Median property price: $436,000

5. Nundah

Distance from CBD: 8.32km north-east

Median property price: $460,000

6. Lutwyche

Distance from CBD: 5.37km north

Median property price: $472,000

7. Clayfield

Distance from CBD: 6.33km north-east

Median property price: $511,000

8. Rocklea

Distance from CBD: 9.32km south

Median property price: $513,000

9. Milton

Distance from CBD: 1.97km west

Median property price: $515,000

10. Woolloongabba

Distance from CBD: 2.82km south

Median property price: $518,000