The 10 Cheapest Suburbs in Brisbane

June 17, 2022
Buying a House in Brisbane Checklist

If you are in the market for a house to buy or rent, looking for the cheapest suburbs in Brisbane is an excellent choice. 

Brisbane is an excellent investment market if you want to buy a house or rent an apartment. It is family-friendly with a great neighbourhood and a perfect place for singles.

The houses are at relatively low prices, and the suburbs are less than 10 kilometres from the CBD. There are schools, parks and a thriving nightlife surrounding the cheapest suburbs in Brisbane. 

Here is a list of the cheapest suburbs in Brisbane. We will also include the house price, rental yield for houses and units, and rent price to help you decide. 

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The 10 cheapest suburbs in Brisbane

1. Logan Central

House for sale in Logan Central 

  • House value = $222,374
  • Rental yield for houses = 7%
  • Median rent price = $294/week
  • Rental yield for units = 7.7%

Logan Central is a great place for retirees and families with kids. The area has accommodating neighbours. 

Each home is built to fit the needs of any individual looking to rent or buy. There are parks, medical facilities and public transport. 

Logan Central is famous for its rent price and affordable family houses. It is one of the best suburbs in Brisbane. 

Check out more homes for sale in Logan Central.

2. Woodridge 

cheapest suburbs in brisbane
House for sale in Woodridge
  • House value = $214,693
  • Rental yield for houses = 7.3%
  • Median rent rrice = $302/week
  • Rental yield for units = 7.5%

Woodridge is one of the best suburbs in the Southern part of Brisbane. It has a great community and excellent neighbours. 

Woodridge is a great place to reside with your family. There are excellent schools and stores nearby. 

The big yards in Woodridge are at affordable prices. Retail and wholesale suppliers surround the suburb. 

The supermarkets in Woodridge run for 24 hours, and the area is multicultural, which also applies to the eateries and cafes. 

Woodridge is a very accessible suburb and a few minutes’ drive to Gold Coast. 

Check out more homes for sale in Woodridge.

3. Bellbird Park 

cheapest suburbs in brisbane
House for sale in Bellbird Park
  • House value = $256,033
  • Rental yield for houses = 5.89%
  • Median rent price = $310/week
  • Rental yield for units = 4.0%

If you’re a first time home buyer or need an apartment in one of the cheapest suburbs in Brisbane, you should consider Bellbird Park. 

Bellbird park has a great state secondary college, an excellent choice for families with children. 

The area is clean and green with a lot of peace. If you’re a country lover, find a space in Bellbird Park and call it home. 

There are very accommodating neighbours and excellent public transport. The plus is that the weather in Bellbird Park is warmer than in other parts of Brisbane. 

Check out more homes for sale in Bellbird Park.

4. Beenleigh 

cheapest suburbs in brisbane
House for sale in Beenleigh
  • House value= $258,731
  • Rental yield for houses = $6.29%
  • Median rent price = $311pw
  • Rental yield for units = 6.9%

Beenleigh is one of the cheapest suburbs in Brisbane. It is an excellent choice for a newly married or a growing family.

It has multiple schools and beautiful recreation parks. It is an affordable place for a first-time mover.

It is situated between Brisbane CBD and Gold Coast. 

If you’re a lover of sports, then you’re in luck. Beenleigh has a tennis spot, football clubs and a place for BMX. 

Check out more homes for sale in Beenleigh.

5. Caboolture

cheapest suburbs in brisbane
House for sale in Caboolture
  • House value = $260,620
  • Rental yield for houses = 6.64%
  • Median rent price = $317/week
  • Rental yield for units = 6.8%

Caboolture is a quiet and peaceful place to live. Developments in this area make it excellent for businesses to thrive. 

If you live in Caboolture, you have access to beaches and parks. It is an excellent spot for anyone who loves fishing. 

Caboolture has easy-going and accommodating neighbours. The Centenary Lake is a great spot to feed local ducks if it’s something you consider exciting. There are also animals to see, and it has excellent nightlife. 

Check out more homes for sale in Caboolture.

6. Mount Warren

House for sale in Mount Warren

  • House value = $291,388
  • Rental yield for houses = 6.10%
  • Median rent price = $318/week
  • Rental yield for units = 6.1%

Mount Warren is one of the cheapest suburbs in Brisbane. It has very friendly neighbours. 

Mount Warren has a great public transport system and a friendly area for families, singles and retirees. 

It has a bowling alley and parks accessible to everyone. 

Check out more homes for sale in Mount Warren.

7. Beaudesert

cheapest suburbs in brisbane
House for sale in Beaudesert
  • House value = $377,040
  • Rental yield for houses =4.64%
  • Median rent price = $320/week
  • Rental yield for units = 5.2%

A suitable location for country lovers. The locals of Beaudesert are always willing to lend a helping hand. 

It is located in the heart of Scenic Rim and provides a great place for outdoor camping. 

It has excellent restaurants and cafes with the tastiest food and drinks. 

Check out more homes for sale in Beaudesert.

8. Goodna

cheapest suburbs in brisbane
House for sale in Goodna
  • House value = $238,261
  • Rental yield for houses = 6.98%
  • Median rent price = $321/week
  • Rental yield for units = 6.8%

Goodna is an affordable suburb in Brisbane. It is on the south side of the Brisbane River, making it an excellent fishing spot. 

It is a great start for first home buyers. If you need a quick medical response after hour pharmacies, you need a home in this area. 

Goodna has a great public transportation system and excellent schools in the friendliest community. 

Check out more homes for sale in Goodna.

9. Slacks Creek

House for sale in Slacks Creek 

  • House value = $245,448
  • Rental yield for houses =7.05%
  • Median rent price = $323/week
  • Rental yield for units = 7.0%

If you need a suburb with down to earth people, you should consider Slacks Creek. 

It is a great place for families with kids. Slacks Creek has a good number of parks and playgrounds. 

The roads are peaceful, making it great for outdoor walking or exercising your dogs. It is indeed a desirable place to live. 

Check out more homes for sale in Slacks Creek.

10. Edens Landing

cheapest suburbs in brisbane
House for sale in Edens Landing (sold)
  • House value = $286,023
  • Rental yield for houses =5.82%
  • Median rent price = $330/week
  • Rental yield for units = 6.5%

Edens Landing is one of the cheapest suburbs in Brisbane. It has a great transport system (trains and buses). 

There is a medical centre in Edens Landing. If you love Thai takeaway, there are restaurants for that in Edens Landing. 

It is between the Gold Coast and Brisbane, making it a lovely suburb. The neighbours are friendly, and there is a great community spirit. 

Edens Landing will make a great home for new homeowners, families with kids and retirees. 

Check out more homes for sale in Edens Landing.

Liked our guide on the cheapest suburbs in Brisbane?

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