Looking to buy a house in NSW but concerned about the costs? You’re in luck. We’ve got the cheapest places to live in NSW right here.
This guide will walk you through the most affordable places to purchase property in New South Wales, offering insights into suburbs and towns where the dream of homeownership is still within reach.
Besides low median house prices, we’ll also explore other aspects of affordability such as cost of living, amenities, and lifestyle benefits.
So, if you see any homes or suburbs you like, set up your match profile on Soho and get alerts when new properties come onto market. It’s that simple!
Suggested Reading: ready to hop onto the property ladder? Check out our guide on the cheapest places to buy a house in NSW.
Suburbs with the Lowest Median House Prices
| Suburb | Median House Price |
|---|---|
| Broken Hill | $130,000 |
| Coonamble | $135,000 |
| Warren | $160,000 |
| Coonabarabran | $167,750 |
| Wellington | $170,000 |
| Bourke | $130,000 |
| Hay | $220,000 |
| Walgett | $165,000 |
Overview of Cheapest Places to Live in NSW
Broken Hill
- Median House Price: $130,000
Known for its rich mining history and vibrant arts scene, Broken Hill is a remote outback town that offers a unique blend of heritage and contemporary culture… and is home to some of the cheapest houses in Australia.
The town boasts several art galleries, including the famous Pro Hart Gallery. It’s also home to stunning landscapes like the Living Desert Sculptures and offers a strong sense of community.
Schools in the area include Broken Hill High School and Burke Ward Public School, providing good educational options for families.
Residents of Broken Hill enjoy affordable living costs, with lower grocery, utility, and transportation expenses compared to major cities. The town’s remote location contributes to lower travel and commuting costs for locals.
Despite its distance from major cities, Broken Hill is well-connected by road and rail, enhancing its appeal for potential investors looking for long-term growth opportunities in regional Australia.
Check out more real estate for sale in Broken Hill NSW 2880.
Coonamble
- Median House Price: $135,000
Coonamble, situated in the central-western region of NSW, is a rural town known for its agricultural industry and friendly community. The town offers a peaceful lifestyle with plenty of opportunities for outdoor activities such as fishing, bird watching, and camping along the Castlereagh River.
Local schools include Coonamble Public School and St. Brigid’s Catholic Primary School, which cater to the educational needs of the community.
The cost of living in Coonamble is notably low, with affordable healthcare, education, and daily living expenses. The town’s agricultural economy provides stable employment opportunities, further enhancing its affordability.
Transport options in Coonamble include road access and nearby rail services, making it accessible despite its rural location.
Check out more properties for sale in Coonamble NSW 2829.
Warren
- Median House Price: $160,000
Located in the Macquarie Valley, Warren is a picturesque town with a strong agricultural heritage. It offers a tranquil lifestyle with ample opportunities for outdoor activities such as fishing, bird watching, and exploring the Macquarie Marshes.
Educational institutions include Warren Central School and St. Mary’s School, providing quality education to local children.
Living in Warren is cost-effective, with lower housing costs and daily expenses. The town provides residents with essential facilities such as healthcare centers, schools, and recreational areas, ensuring a comfortable and convenient lifestyle.
Warren is connected by the Oxley Highway, making it easily accessible.
Check out more properties for sale in Warren NSW 2824.
Coonabarabran
- Median House Price: $167,750
Known as the “Astronomy Capital of Australia,” Coonabarabran is famous for its clear skies and the nearby Warrumbungle National Park. It’s a haven for stargazers and nature enthusiasts.
The town offers a range of outdoor activities, including bushwalking, stargazing, and bird watching. Local schools include Coonabarabran High School and St. Lawrence’s Catholic School.
The town’s affordable living costs, combined with its natural beauty and community-oriented lifestyle, make it an appealing option for those looking to escape the hustle and bustle of city life.
Coonabarabran is located on the Newell Highway, providing good connectivity, and its growing tourism industry offers potential for investment in hospitality and tourism-related businesses.
Check out more properties for sale in Coonabarabran NSW 2357.
Wellington
- Median House Price: $170,000
Wellington, nestled at the junction of the Macquarie and Bell Rivers, offers a blend of historical charm and modern conveniences.
The town is known for its beautiful gardens, caves, and wineries. Schools in the area include Wellington Public School and St. Mary’s Catholic School, ensuring good educational facilities for families.
Residents enjoy a lower cost of living, with affordable housing, utilities, and groceries. Wellington provides ample opportunities for outdoor recreation, with its numerous parks and gardens, as well as cultural and historical attractions.
Transport options include road and rail services, making Wellington easily accessible.
Check out more properties for sale in Wellington NSW 2820.
Bourke
- Median House Price: $130,000
Located on the banks of the Darling River, Bourke is a historic outback town with a strong Aboriginal cultural presence. It offers a unique blend of history, culture, and natural beauty.
Educational institutions include Bourke Public School and St. Ignatius Parish School, catering to the local community.
Living in Bourke is highly affordable, with lower housing and living costs. The town has essential services such as schools, healthcare, and recreational facilities, making it a suitable place for families and individuals seeking a quiet and affordable lifestyle.
Bourke is accessible via the Kamilaroi Highway and has a local airport.
Check out more properties for sale in Bourke NSW 2840.
Hay
- Median House Price: $220,000
Situated on the Murrumbidgee River, Hay is known for its agricultural roots and historic architecture. The town offers a serene lifestyle with plenty of outdoor activities, including fishing and river boating. Local schools include Hay War Memorial High School and St. Mary’s Parish School, providing good educational options.
The cost of living in Hay is relatively low, with affordable housing, healthcare, and education.
The town’s rich history and cultural heritage are reflected in its museums, historical sites, and annual events, providing residents with a unique and engaging lifestyle. Hay is accessible via the Sturt and Mid-Western Highways.
Check out more properties for sale in Hay NSW 2711.
Walgett
- Median House Price: $165,000
Located at the junction of the Namoi and Barwon Rivers, Walgett is a rural town known for its agricultural and pastoral industries. It offers a peaceful and affordable lifestyle with a strong sense of community.
Educational facilities include Walgett Community College and St. Joseph’s Catholic Primary School, catering to local families.
Living in Walgett is cost-effective, with affordable housing and daily expenses. The town provides essential services such as schools, healthcare, and recreational facilities, ensuring a comfortable and convenient lifestyle for its residents.
Walgett is well-connected by the Kamilaroi Highway and has a local airport.
Check out more properties for sale in Walgett NSW 2832.
FAQs on Cheapest Places to Live in NSW
What are the affordable rural towns in NSW?
Affordable rural towns in NSW include Cootamundra, Griffith, Hillvue, Inverell, Leeton, Mount Austin, Narrabri, and Oxley Vale.
What is the cheapest suburb to live in Sydney?
The most affordable suburbs in Sydney are Faulconbridge, Lurnea, Bradbury, Minto, Mount Druitt, Rooty Hill, Rosemeadow, and Burwood.
You can read more in Soho’s guide on the cheapest suburbs in Sydney.
What is the minimum salary to live comfortably in Sydney?
An individual may need around $85,000 per year as a salary to live comfortably in Sydney.
Which city in Australia has the lowest cost of living?
The cheapest places to live in Australia are Hobart, Adelaide, and Perth are known for having a lower cost of living compared to more expensive cities like Sydney or Melbourne.
