South Australia is an excellent place to live. These southern suburbs have great property prices. Which is most probably the reason property investors and home buyers are interested in this state. However, apart from property, the cost of living is the biggest attraction to many. So, what are the cheapest South Australia suburbs you can find?
To help you out, we researched the most affordable suburbs and properties in South Australia. If your dream is to buy cheap land for sale in South Australia to build your dream home on, we can help you with that too.
Or perhaps you’re looking for cheap country houses for sale in South Australia. Either way, we’ve got you covered.
So, let’s get started!
Additional reading: Want to find cheap houses for sale in South Australia? Coober Pedy and Andamooka should be at the top of your list.
Our top 5 list of the cheapest South Australia suburbs
Fairview Park
- The median house price is $470,000
- Median unit price: $497,000
- Median rent: $370/week
Property prices in Fairview park are fairly stable. This comes as a surprise considering the current situation of house prices and the median rent in Australia. People only love talking about the capital city of South Australia. However, there’s more for you apart from the capital cities.
Fairview park provides excellent opportunities for young families. Everything your children want and expect from a hometown, Fairview park has it all.
Discover more properties for sale in Fairview Park
Rosewater
- The median house price is $650,000
- Median unit price: $580,000
- Median rent: $300/week
Rosewater is a residential district in the south of Adelaide. This area is built solely for housing. There aren’t many shopping centres here. However, you do get solid buying opportunities. The housing market in Rosewater is pretty hot right now.
Property buyers are reluctant to let go of any opportunity that comes their way. So if you want to buy a house for your family, rent as a student, or want to invest in the liveable suburbs of Australia, Rosewater is ready to serve you.
Discover more properties for sale in Rosewater.
Holden Hill
- The median house price is $460,700
- Median unit price: $350,000
- Median rent: $300/week
A suburb in the inner south of Australia, Holden Hill has made a great place in the property market of Australia. With its low rental price and high land value, Holden Hill is undoubtedly playing a great game.
The primary reason for the fame of Holden Hill is its closeness to the CBD market. Honestly, who wouldn’t want to live and invest near the CBD market? Moreover, Holden Hill also holds a special place on the list of the safest suburbs in South Australia.
Discover more properties for sale in Holden Hill.
Thebarton
- The Median house price is $820,000
- Median unit price: $535,000
- Median rent: $140/week
Thebarton is the place for people interested in dark academia: cafes, historic buildings, libraries, and whatnot. This suburb will make you fall in love with it in less than a few hours. Take it as a challenge, maybe?
Moving forward, property investors are keeping a close eye on this suburb. Why? Because people love dark academia. Nevertheless, property prices are stable in this suburb. The rental yield is also excellent. Moreover, more and more students prioritise this suburb, increasing the demand for apartments and units.
Discover more properties for sale in Thebarton.
Enfield
- The median house price is $1,686,500
- Median unit price: $650,000
- Median rent: $150/week
A couple of minutes away from the centre of Adelaide, Enfield is a grand choice for workaholics. It has convenient public transport, affordable rental prices, numerous walking trails, and spectacular views. It is hard to describe the beauty of Enfield. Nevertheless, the truth can never be spoken precisely.
Enfield is also on the list of safe suburbs in South Australia. It is a small area, and the majority belongs to units. Houses are great too, but the demand and availability are quite less in Enfield.
Discover more properties for sale in Enfield.
More about affordable South Australia Suburbs
Recommended Reading: South Australia Property Market Booms – Record High Prices in 2023
Which area in South Australia is the cheapest?
Fairview Park and Coober Pedy are the cheapest areas to live in in South Australia. Cober Pedy is also where you can find some of the cheapest houses for sale in Australia.
Which suburbs in Adelaide are the safest?
The inner southern suburbs of Adelaide are the safest for you to live.
Which suburb in South Australia is the best?
Every suburb has its own uniqueness and demand. However, if you ask this question pointing to the cost of living, Rosewater, Holden Hill, and Fairview Park are the best.