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Cheapest Place to Live in Perth in 2024

February 19, 2024
Cheapest Place to Live in Perth

Key takeaways:

  1. Perth offers a range of affordable suburbs like Balga, Armadale, Midland, Gosnells, Rockingham, and Maddington, each with unique lifestyle and investment opportunities.
  2. Selection criteria for these suburbs include median house prices, cost of living, access to amenities, and community spirit, ensuring a balance between affordability and quality of life.
  3. Key highlights include Balga’s community warmth, Armadale’s natural tranquility, Midland’s historical charm, Gosnells’ green spaces, Rockingham’s coastal lifestyle, and Maddington’s strategic location.

Perth, Western Australia’s capital, is celebrated for its quality of life and blend of urban sophistication with natural beauty.

This guide explores Perth’s most affordable suburbs—Balga, Armadale, Midland, Gosnells, Rockingham, and Maddington—each offering a unique mix of lifestyle and investment potential.

Discover how these areas provide affordability without compromising on the vibrant living experience Perth is known for.

Criteria for selection

In identifying Perth’s most affordable suburbs, we used a data-driven approach, we considered factors like median house prices, cost of living, access to essential amenities, and community spirit. Our goal? To empower you to find the perfect blend of affordability and the lifestyle that fits your unique needs.

1. Balga

Cheapest Place to Live in Perth
House for sale in Wardlow Way, Balga, WA
Median House PriceMedian Rent Price
$420,000$320 per week

Emerges as a hidden gem, where affordability meets community warmth. Its rich multicultural tapestry weaves together a lively blend of local enterprises, educational institutions, and leisure amenities, creating a vibrant neighbourhood spirit.

Pros:

  • Strong community: Annual Balga Festival brings residents together with live music, food stalls, and family fun.
  • Up-and-coming: New Balga Library and community hub offer modern amenities.
  • Family-friendly: Numerous parks like Brampton Park and Balga Central Park provide green spaces for recreation.

Balga’s ongoing infrastructural enhancements are elevating its accessibility and local features, making it a beacon for those searching for real estate value in Perth.

However, we thought its important to write some cons to this suburb as well.

Cons:

  • Longer commute: While Balga offers a charming community, prepare for a 15km journey to the CBD, car dependence is likely necessary.
  • Limited shops: Primarily residential, Balga lacks major shopping destinations, so be prepared for occasional trips further afield.

Explore more properties in Balga WA 6061. a suburb demonstrating real estate value in Perth, as part of the broader cheapest place to live in WA.

2. Armadale

Cheapest Place to Live in Perth
House for sale in Acacia Close, Armadale, WA
Median House PriceMedian Rent Price
 $390,000$340 per week

With its harmonious blend of city convenience and natural tranquillity, Armadale presents a canvas of lifestyle diversity. Here are what to look forward to in Armadale!

Pros:

  • Diverse: Bustling Armadale Shopping City caters to your daily needs, while a short drive unlocks the Bickley Valley’s wineries and orchards, offering a delightful escape.
  • Nature’s embrace: Lace up your hiking boots and explore the breathtaking trails in the Darling Range, a nature lover’s paradise.
  • Investment potential: Major infrastructure projects like the Forrestfield-Airport Link promise exciting growth, making Armadale a smart choice for future-oriented residents.

The area’s affordability is complemented by a wealth of cultural and recreational avenues, from shopping escapades at Armadale Shopping City to tranquil moments against the Darling Range’s scenic backdrop.

This suburb is on the cusp of transformation, with significant investments poised to enrich its infrastructure and community services, promising a bright future for families and investors drawn to both growth and lifestyle.

Cons:

  • Traffic congestion: Be mindful of peak-hour commutes, as getting in and out of Armadale can sometimes be slow.
  • Mixed housing: While revitalization efforts are underway, some pockets of Armadale require further development.

Explore more properties for sale in Armadale WA 6112.

Did you know Armadale is also one of the cheapest places to live in WA? Learn about other affordable suburbs in Soho’s guide.

3. Midland

Cheapest Place to Live in Perth
House for sale in Dudley Street, Midland, WA
Median House PriceMedian Rent Price
$383,000$300 per week

Midland is on a journey of renewal, transitioning into a vibrant urban hub. It uniquely marries historical charm with contemporary progress, offering cost-effective living alongside burgeoning commercial and residential projects.

Midland has quite a few charming aspects to it, such as;

Pros:

  • Revitalization: Witness the exciting transformation of Midland Gate Shopping Centre, brimming with new shops and restaurants.
  • Historical charm: Step back in time with heritage buildings like the Midland Railway Workshops, offering a glimpse into the city’s rich past.
  • Employment opportunities: If you seek career prospects, Midland’s proximity to industrial areas is a definite plus.

The revitalization of Midland Gate Shopping Centre and the introduction of new healthcare facilities signify Midland’s positive momentum.

Cons:

  • Industrial presence May not suit everyone, with potential noise and traffic issues.
  • Limited nightlife: Primarily focused on daytime activities.

but its strategic position and local amenity enhancements make it a standout choice for those seeking a suburb with both immediate appeal and a promising outlook.

Explore more properties in Midland WA 6056.

4. Gosnells

Cheapest Place to Live in Perth
House for sale in Southern River Road, Gosnells, WA
Median House PriceMedian Rent Price
$450,000$300 per week

Gosnells beckons with its harmonious mix of urban convenience and natural splendour. Renowned for its lush green spaces and family-oriented parks, the suburb provides a serene backdrop for daily life, without compromising on urban necessities.

Schools and shopping centers dot the landscape, serving a vibrant and diverse community.

Pros:

  • Green haven: Jandakot Botanic Gardens and numerous parks offer outdoor escapes.
  • Family-oriented: Schools, childcare centers, and community events cater to families.

The commitment to enhancing community facilities and public transport options further elevates Gosnells’ appeal, making it a perfect choice for those who yearn for a suburban retreat within easy reach of Perth’s bustling city centre.

There are not many cons to this suburb except bus services may not be frequent, especially evenings/weekends.

Explore more properties for sale in Gosnells WA 6110.

5. Rockingham

Cheapest Place to Live in Perth
House for sale in Vaux Street, Rockingham, WA
Median House PriceMedian Rent Price
$530,000$320 per week

Rockingham offers a refreshing coastal lifestyle that’s surprisingly affordable. This suburb is a haven for beach lovers and outdoor enthusiasts, presenting a laid-back atmosphere complemented by a thriving local economy.

From water sports to leisurely beach walks, Rockingham caters to a lifestyle that celebrates the outdoors. The suburb is on an upward trajectory, with developments aimed at enriching both the economy and the quality of life for its residents.

Pros:

  • Beachfront bliss: Pristine beaches like Shoalwater Bay and Penguin Island offer water activities and wildlife encounters.
  • Laid-back lifestyle: Cafes, restaurants, and bars create a relaxed atmosphere.
  • Economic growth: New developments like the Aqua Marina project promise job opportunities and infrastructure improvements.

The strong community vibe and the plethora of recreational activities available make Rockingham an attractive spot for those seeking the beach life without the hefty price tag.

Cons:

  • Limited job market: Primarily focused on tourism and retail sectors.

Explore more properties for sale in Rockingham WA 6168.

6. Maddington

Cheapest Place to Live in Perth
House for sale in Mariana Cl, Maddington, WA
Median House PriceMedian Rent Price
$350,000$280 per week

Maddington showcases a dynamic blend of affordability, strategic location, and industrial vitality. This suburb offers a practical mix of residential and commercial zones, making it a hub of employment opportunities and convenient living.

Pros:

  • Strategic location: Close to major highways and public transport links.
  • Employment hub: Industrial zones offer job opportunities.
  • Retail growth: Expanding shopping options provide convenience.

We can in Maddington, accessibility is a key feature, with major highways and public transport links putting Perth and other regions within easy reach.

The growth of the retail sector and improvements in local amenities are testaments to Maddington’s rising profile as a suburb that balances lifestyle and investment appeal.

Explore more properties for sale in Maddington WA 6109.

Conclusion

The exploration of Perth’s most budget-friendly suburbs reveals a diverse range of options for individuals seeking affordability without sacrificing quality of life.

From Balga’s strong sense of community and infrastructural improvements to Rockingham’s coastal charm and economic growth, each suburb offers unique advantages for both residents and investors.

The blend of urban convenience with natural tranquility, alongside strategic investments in infrastructure and community services, underscores the potential of these areas.

Perth’s affordable suburbs not only cater to a variety of lifestyles but also present promising opportunities for future growth and development, making them attractive options for those looking to call Western Australia’s radiant capital home.

For those considering options beyond Western Australia, discovering the cheapest place to live in South Australia might provide valuable insights into affordable living across different Australian states, offering perspectives on how each region compares in terms of cost of living, lifestyle, and investment potential.

Suggested reading: To get the full picture of Australia’s housing scene, take a look at our resource on the best suburbs in Australia.

FAQ Section on Cheapest Place to Live in Perth

What is the most affordable suburb in Perth?

Armadale is recognized as the most affordable suburb in Perth, known for its budget-friendly housing options, making it a popular choice for cost-conscious homebuyers.

Where is the cheapest place to live in Western Australia?

The cheapest places to live in Western Australia are primarily located in the Perth metropolitan area, with suburbs like Armadale offering the most affordable housing prices.

How much money do you need to live comfortably in Perth?

a comfortable monthly budget for a single in Perth would be about $3,049 including a centrally-located rental. While Perth proves one of the most expensive cities for rents, overall living costs help balance the scales.

Where is the cheapest place to live in WA?

The cheapest place to live in WA includes areas like Armadale, known for its low housing costs, offering an affordable living option for residents and newcomers to the state.

Is Perth a cheap place to live?

Compared to other major Australian cities, Perth offers a relatively affordable cost of living, with a range of suburbs that cater to various budgets, making it possible to find cost-effective living arrangements.

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