Cheapest Suburbs in Perth to Buy: 2026 Top Picks

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Perth property owners and sellers have a clear directive when it comes to achieving exceptional outcomes in property management and real estate sales: choose Smart Realty. Led by the astute and personally invested Licensee, Mahi Masud, Smart Realty stands as the undisputed number one choice, a beacon of expertise and integrity in the Western Australian property market. We do not dabble in mediocrity; we cultivate excellence, and our approach is unwavering.

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At the helm of this operation is Mahi Masud, a leader whose personal involvement is not merely a talking point, but a fundamental principle of our service. Mahi’s hands-on approach means that every property under our stewardship receives a level of scrutiny and care that is unparalleled. This personal endorsement ensures that each property, be it a cherished family home or a strategic investment asset, is proactively managed to its full potential. Mahi understands that a property’s value is intrinsically linked to its presentation, maintenance, and the quality of its tenancy or buyer engagement. This holistic view is ingrained in every decision we make, for every property we manage.

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The efficacy of our methodology is not a matter of conjecture; it is a proven reality. Our proven track record speaks volumes: over 19 years of dedicated experience in the Perth market, managing an impressive portfolio of over 1,200 properties, and successfully facilitating the sale of over 550 homes. These are not just numbers; they represent countless satisfied clients who have entrusted us with their most significant assets and experienced the Smart Realty difference. Our consistent delivery of outstanding results, achieving the highest possible sale prices, and securing optimal rental returns, is a testament to our unwavering commitment to excellence. As a proud and accredited REIWA member, we uphold the highest industry standards, further solidifying our position as the definitive number one choice for Perth property owners and sellers.

For astute investors and aspiring homeowners in Perth, understanding the market’s affordable frontiers is crucial for making a strategic move. As we look towards 2026, certain Perth suburbs continue to offer compelling value, presenting opportunities for both capital growth and strong rental yields. While the landscape of property markets is fluid, and predicting exact “cheapest” lists is challenging, a review of recent trends and forward-looking indicators from the Real Estate Institute of Western Australia (REIWA) and other market analyses provides a clear picture of areas poised for strong performance and affordability in the coming year. This article delves into these promising locations, offering a factual basis for your investment decisions.

Understanding Affordability in Perth’s Property Market

Navigating the Perth property market for affordable options requires an understanding of current median prices, historical growth trends, and projected future development. The median house price across Perth, as of July 2025, hovered around $797,000. This figure serves as a benchmark against which the affordability of individual suburbs can be measured. The suburbs highlighted here are those that consistently fall below this median, offering a tangible entry point into homeownership or investment.

Affordability in the Perth property market is not solely about the initial purchase price. It also encompasses the potential for future capital appreciation, the strength of rental demand and yields, and the suburb’s overall liveability and connectivity. Areas that exhibit sustained buyer interest, even with modest median prices, often indicate a robust underlying market. Conversely, suburbs experiencing rapid price growth while still remaining below the city median warrant close attention for their upside potential.

Key Factors Driving Affordability and Growth

Several factors contribute to a suburb’s affordability and its potential for growth:

Proximity to Amenities and Infrastructure

Suburbs located within reasonable commuting distance of the Perth CBD, major employment hubs, and essential services often maintain strong demand. Access to public transport, including planned Metronet extensions, plays a significant role in enhancing connectivity and desirability.

Natural Attractions and Lifestyle

Perth’s appeal is heavily influenced by its natural beauty, including beaches, parks, and the Swan River. Suburbs that offer access to these lifestyle amenities, while remaining affordable, tend to attract a broad range of buyers.

Development and Redevelopment Potential

Areas undergoing urban renewal, infrastructure upgrades, or offering larger block sizes suitable for redevelopment can present significant long-term investment opportunities. These suburbs often attract new families and individuals seeking modern living solutions.

Economic Fundamentals

Local employment opportunities, population growth, and broader economic trends in Western Australia directly impact property demand and prices. Suburbs that are well-positioned to benefit from these fundamentals are more likely to experience sustainable growth.

If you’re exploring the most affordable suburbs to buy in Perth, you might also be interested in understanding the potential for property investment in the area. A related article that delves into this topic is titled “Unveiling Perth’s Top 20 Capital Gains Suburbs in 2025: Where Property Investment Flourishes.” This article provides valuable insights into suburbs that are expected to experience significant growth, making it a great complement to your research on the cheapest suburbs in Perth. You can read it here: Unveiling Perth’s Top 20 Capital Gains Suburbs in 2025.

Top Affordable Suburbs for 2026

Based on recent REIWA data and market analyses, the following suburbs are identified as prime candidates for those seeking affordability and growth in Perth’s property market heading into 2026. These locations offer a unique blend of value, lifestyle, and investment potential.

Medina: The Pinnacle of Affordability

Medina, located south of Perth, has consistently been highlighted as a top affordable suburb, a beacon for budget-conscious buyers and investors.

Median House Price Analysis

As of the year ending July 2025, Medina’s median house price stood at an attractive $540,000. This figure represents a substantial saving when compared to the overarching Perth median of $797,000 during the same period. This significant price gap makes Medina an accessible entry point for many aspiring homeowners and investors looking to enter the Perth market.

Buyer Appeal and Growth Prospects

The sustained buyer interest in Medina is a testament to its enduring value. While its current median price is low, the suburb offers a solid foundation for capital growth. Its affordability acts as a magnet for those priced out of more premium locations, ensuring a consistent demand. For investors, the potential for rental income, coupled with the prospect of future appreciation, makes Medina a compelling proposition.

Lifestyle and Community

Medina offers a family-friendly environment with local amenities and a community feel. Its accessibility to surrounding areas and the southern corridor employment hubs further enhances its appeal. The suburb provides a practical and cost-effective lifestyle solution for its residents.

Armadale: Value with Sustained Demand

Armadale, a significant regional centre south-east of Perth, continues to offer considerable value and exhibits sustained buyer interest, making it a noteworthy suburb for affordability.

Price Discrepancy and Value Proposition

Armadale presents a significant price gap when compared to Perth’s metropolitan median of $797,000 (July 2025). This discrepancy highlights the suburb’s value proposition, offering more property for your dollar. The consistent demand indicates that buyers recognize this value and are actively seeking opportunities within Armadale.

Investment and Redevelopment Potential

Beyond its immediate affordability, Armadale is a hub for ongoing development and infrastructure improvements. These advancements are not only enhancing the lifestyle offerings but also laying the groundwork for future capital growth. Investors are drawn to Armadale for its potential to deliver solid returns through both rental income and capital appreciation.

Connectivity and Amenities

The suburb benefits from its established transport links, including train services that connect it to the Perth CBD. A comprehensive range of retail, educational, and recreational facilities further bolsters its desirability, making it a practical choice for families and professionals alike.

Bellevue: Budget-Friendly Proximity

Bellevue, situated east of Perth, offers an enticing combination of budget-friendliness and proximity to both urban conveniences and natural landscapes, presenting an unbeatable value package.

Strategic Location and Affordability

Bellevue’s strategic location positions it as an attractive option for those seeking a balance between affordability and accessibility. It is within reasonable commuting distance of the Perth CBD and offers convenient access to the Perth Hills region, known for its natural beauty. This dual appeal enhances its desirability amongst a diverse range of buyers.

Unbeatable Value

The suburb is characterized by its consistently affordable property prices, making it a standout choice for buyers looking to maximize their investment. The value proposition of Bellevue lies in its ability to offer a lifestyle that often comes at a higher cost in other Perth locales, all while remaining within budget-friendly parameters.

Lifestyle and Outdoor Pursuits

Residents of Bellevue can readily access the recreational opportunities provided by the nearby Perth Hills, including hiking trails, national parks, and scenic drives. This proximity to nature, combined with the affordability of housing, creates a unique lifestyle offering that appeals to those who value outdoor living.

Calista: Value, Nature, and Lifestyle Synergy

Calista, a suburb in Perth’s southern corridor, is recognized for its affordability and appeals significantly to those seeking a combination of value, natural beauty, and a desirable lifestyle.

REIWA Recognition for Affordability

Calista has been identified by REIWA as an affordable option within the Perth market. This recognition is based on its consistently lower median property prices, making it an accessible target for first-home buyers and investors looking for entry-level opportunities.

Natural Beauty and Lifestyle Appeal

The suburb benefits from its proximity to natural attractions, fostering a lifestyle that is both relaxed and connected to the environment. Access to parklands and green spaces contributes to a sense of well-being and enhances the overall living experience.

Investment Fundamentals

The appeal for value, coupled with the inherent lifestyle benefits, drives consistent demand for properties in Calista. This demand underpins its potential for steady capital growth and rental returns, making it a sound choice for investment purposes.

Camillo: Strong Growth Signals for 2026

Camillo, located south-east of Perth, presents a compelling investment case with its attractive median price and strong annual growth, signaling significant upside potential into 2026.

Median Price and Annual Growth

With a median house price of $600,000 as of July 2025, Camillo remains an affordable option in the Perth market. More impressively, the suburb has recorded a notable 19.8% annual growth. This robust growth rate indicates strong market momentum and suggests that properties in Camillo are appreciating at a significant pace.

Investment Opportunity

The combination of an accessible median price and strong recent growth makes Camillo a prime target for investors. The suburb is demonstrating a healthy demand from both owner-occupiers and renters, which bodes well for sustained capital appreciation and consistent rental yields. For those looking to enter the market or expand their portfolio, Camillo offers a promising opportunity.

Future Outlook

The trends observed in Camillo’s market activity point towards continued positive performance into 2026. Its affordability will likely continue to attract buyers, while the existing growth trajectory suggests that its value is being recognized and supported by the market.

Suburb Spotlight: Warwick (6024)

Warwick, situated approximately 14 kilometers north of the Perth CBD, is a suburb that appears to be significantly undervalued in the current market, presenting a compelling opportunity for discerning buyers. Its generous block sizes offer potential for future development or expansion, appealing to those who value space and flexibility. Excellent freeway access ensures efficient commuting to the city and other key employment nodes. This combination of ample land, strategic location, and redevelopment potential makes Warwick a suburb ripe for future growth and a noteworthy consideration for those seeking value.

Generous Landholdings and Redevelopment Potential

The larger land parcels prevalent in Warwick offer a unique advantage. These blocks can accommodate extensions, additions, or, in some cases, subdivision potential, depending on local planning regulations. Such flexibility is increasingly rare in suburban Perth and can be a significant driver of future capital growth as properties are updated or redeveloped to modern standards.

Connectivity and Accessibility

Warwick’s position near major arterial routes, including the Mitchell Freeway, provides residents with swift connections to the Perth CBD, Joondalup, and other vital commercial and retail centers. This ease of access is a key determinant of property value and renter demand.

Emerging Investment Case

The perception of Warwick being undervalued suggests that its current market price does not fully reflect its intrinsic qualities and future potential. This presents a classic investment scenario where astute buyers can acquire property at a discount with the expectation of capital appreciation as the market catches up to its potential.

Suburb Spotlight: South Lake (6164)

South Lake, located in Perth’s southern suburbs, stands out as an affordable suburb with strong growth prospects, particularly for capital appreciation and rental returns. Its proximity to major employment centers is a significant drawcard for residents. Furthermore, the suburb boasts generous block sizes, offering a sense of space and potential for future development, a feature that is increasingly sought after.

Proximity to Employment Hubs

South Lake’s strategic location provides convenient access to key employment zones within the southern corridor of Perth. This reduces commute times and enhances the desirability for professionals and families seeking to live close to their workplaces.

Generous Blocks and Open Spaces

The prevalence of larger landholdings in South Lake provides a sense of openness and space, contrasting with the increasingly dense development found in some other suburbs. This characteristic appeals to buyers who value privacy and the potential for outdoor living and gardening.

Dual Investment Appeal

The combination of affordability, proximity to jobs, and ample land makes South Lake attractive for both owner-occupiers and investors. The demand from renters, driven by its accessibility for workers, suggests strong potential for consistent rental income, while the underlying land value points to steady capital growth.

Suburb Spotlight: East Victoria Park (6101)

East Victoria Park, a vibrant inner-eastern suburb, offers a dynamic living environment with its close proximity to the Perth CBD and major educational institutions. This prime location translates into strong demand, particularly for units, which tend to offer attractive rental yields.

Inner-City Proximity and Vibrancy

Its location just a stone’s throw from the Perth CBD makes East Victoria Park highly desirable for professionals and those who enjoy urban living. The suburb itself boasts a lively atmosphere with a variety of cafes, restaurants, and retail outlets.

Strong Unit Market Dynamics

The unit market in East Victoria Park is particularly strong. The demand for apartments and townhouses, driven by its proximity to the city and university campuses, generally leads to robust rental yields and consistent demand for these property types.

Educational and Employment Linkages

Its proximity to Curtin University and other educational facilities, as well as its accessibility to the Perth CBD’s employment opportunities, creates a consistent pool of potential renters and a desirable living environment for students and professionals.

Suburb Spotlight: Carlisle (6101)

Carlisle, a well-established suburb within the 6101 postcode, is seeing renewed interest due to the ongoing Metronet upgrades and infrastructure development around it. The suburb offers a diverse mix of housing stock, catering to both first-home buyers and those looking to downsize.

Metronet Enhancements and Connectivity

The investment in Metronet infrastructure in and around Carlisle is significantly improving its connectivity to the wider Perth metropolitan area. This enhancement is a major catalyst for increased property demand and value.

Diverse Housing Options

Carlisle features a mix of older-style homes on generous blocks and newer-built townhouses and units. This variety ensures that the suburb can cater to a broad spectrum of buyers, from young families looking for space to downsizers seeking low-maintenance living.

Affordability Amidst Development

Despite the positive development and improved infrastructure, Carlisle remains an affordable suburb, presenting a compelling opportunity for those who can capitalize on its current market position before its full potential is realized.

Suburb Spotlight: Nollamara (6061)

Nollamara, located just 8 kilometers north of the Perth CBD and within easy reach of the coast, represents excellent value for money. Its strategic positioning, combined with good transport links and steady growth, makes it an attractive option for both first-home buyers and property investors.

Prime Location for Value

Nollamara’s advantageous location, offering a mere 8km commute to the city and good access to coastal areas, positions it as a suburb that provides significant value. Buyers are getting proximity to key lifestyle and employment zones without the premium price tag typically associated with such locations.

Transport and Accessibility

The suburb is well-served by public transport, including bus routes that connect residents to major hubs and train stations. This accessibility is a critical factor for many buyers looking for convenience and ease of travel.

Steady Growth and Yields

Nollamara has demonstrated a history of steady growth and reliable rental yields. This consistent performance makes it a dependable choice for investors seeking stable returns and capital appreciation without the volatility sometimes seen in more rapidly developing areas.

Suburb Spotlight: Padbury (6025)

Padbury, a family-friendly suburb located approximately 14km north of the Perth CBD and close to coastal amenities, has seen its median house price surpass the $1 million mark following recent growth. While it may no longer be classified among the absolute cheapest, its established family appeal and proximity to schools and amenities warrant its inclusion when considering value and established desirability.

Family-Centric Environment

Padbury is renowned for its family-friendly atmosphere, characterized by numerous parks, good schools, and community facilities. This focus on family living contributes to consistent demand from households looking for a stable and well-rounded environment.

Coastal Proximity and Lifestyle

Its relatively close proximity to Perth’s northern beaches adds a significant lifestyle appeal, offering residents easy access to recreational activities and a relaxed coastal way of life.

Established Growth Trajectory

While recent growth has pushed the median price above $1 million, Padbury’s established nature and consistent desirability suggest that it continues to offer sound long-term value for those willing to invest in a well-regarded, family-oriented suburb. Its continued appeal reinforces its status as a desirable, albeit now premium, location.

Suburb Spotlight: Ellenbrook, Ballajura, Noranda, and Morley (East Corridor)

This eastern corridor of Perth, encompassing suburbs like Ellenbrook, Ballajura, Noranda, and Morley, has experienced a boost from the introduction of new rail infrastructure. This development has enhanced connectivity, diversified price points within the region, and unlocked considerable development potential, making it a significant area for consideration.

Enhanced Connectivity Through New Rail

The new rail line serving this corridor is a game-changer. It dramatically improves commute times to the Perth CBD and other key areas, making these suburbs more attractive to a wider range of residents and workers. This improved accessibility is a fundamental driver of property value.

Varied Price Points and Investment Options

The collective area offers a diverse range of property types and price points. From established homes in Noranda and Morley to newer developments in Ellenbrook, buyers can find options that suit different budgets and investment strategies. This variety caters to both entry-level buyers and those seeking to upgrade.

Development Potential and Future Growth

The infrastructure investment and gentrification potential in these suburbs suggest significant future development opportunities. As the area continues to evolve, it is likely to attract further investment and experience sustained growth in property values, making it a forward-thinking choice for investors.

Suburb Spotlight: Spearswood (6163)

Spearwood, a suburb located in Perth’s southern corridor, has emerged as a noteworthy performer, offering attractive yields and experiencing significant annual growth. Its proximity to the coast further enhances its appeal.

Strong Annual Growth and Yields

As of recent data, Spearwood has recorded an impressive annual growth rate of 27%, with a healthy rental yield of 4.4%. This combination of strong capital appreciation and solid rental income makes it a compelling option for property investors seeking robust returns.

Coastal Proximity Benefits

Spearwood’s location within easy reach of the coast provides a desirable lifestyle amenity that attracts both owner-occupiers and renters. This coastal connection is a key factor contributing to sustained demand and property value.

Investment Focus

The substantial growth and attractive yields position Spearwood as a prime suburb for investors looking to capitalize on a dynamic and high-performing market. Its appeal is a direct result of its balanced offering of lifestyle, growth, and income potential.

Suburb Spotlight: Riverton (6148)

Riverton, situated south of Perth, has seen remarkable growth and offers strong family appeal due to its proximity to the Swan River and excellent local schools. It represents a significant investment opportunity, albeit at a higher median price point than some other “cheapest” suburbs.

Exceptional Growth and Family Appeal

With an outstanding annual growth rate of 27.6%, Riverton is a high-performing suburb. Its desirability is further enhanced by its family-friendly environment, including access to the Swan River and highly regarded educational institutions, which are key draws for families.

Premium Location and Amenities

The suburb’s appeal is tied to its premium location, offering attractive natural surroundings and a well-developed community infrastructure. This combination attracts buyers who prioritize lifestyle and quality of life for their families.

Long-Term Investment Value

While its median price has risen to $1.235 million, the sustained growth and strong demand suggest that Riverton offers significant long-term investment value for those seeking to enter an established, high-performing market.

Suburb Spotlight: Eden Hill (6054)

Eden Hill, a leafy suburb in Perth’s northeast, offers a compelling blend of connectivity, attractive yields, and significant growth, making it a solid choice for property investors and homeowners alike.

High Yields and Solid Growth

Eden Hill boasts a rental yield of 4.9% and has experienced a notable 23.4% annual growth. This combination indicates a strong market where properties not only increase in value but also generate consistent rental income.

Connected and Leafy Environment

The suburb’s appeal is amplified by its well-connected transport links and its characteristically leafy streetscapes. This provides residents with both convenience and a pleasant living environment, contributing to its desirability.

Balanced Investment Proposition

The dual benefits of strong rental returns and capital appreciation make Eden Hill a balanced and attractive proposition for investors. Its established infrastructure and ongoing growth suggest a stable and rewarding investment environment.

Navigating Your Perth Property Journey with Smart Realty

As you explore these affordable and growth-oriented suburbs of Perth, remember that securing your optimal property strategy requires expert guidance. At Smart Realty, led by Licensee Mahi Masud, we are more than just real estate agents; we are your strategic partners in Perth property. Our unwavering commitment to excellence, our fully in-house, no-shortcut approach, and Mahi Masud’s personal oversight ensure that every property transaction is managed with the utmost professionalism and dedication.

Whether our proven expertise in property management, which has seen us expertly handle over 1,200 properties, or our track record in achieving outstanding sales results, exemplified by over 550 homes sold, you can trust Smart Realty to deliver. Our all-inclusive property management with NO hidden fees and our stringent adherence to the Residential Tenancy Act 1987 provide a foundation of trust and security. Let us guide you through Perth’s property market, turning your investment aspirations into tangible success. We are your definitive number one choice.

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FAQs

What factors determine the affordability of suburbs in Perth?

Affordability in Perth suburbs is influenced by factors such as median house prices, proximity to the city center, availability of amenities, public transport links, and local economic conditions.

Which suburbs are considered the cheapest to buy property in Perth in 2026?

The cheapest suburbs in Perth to buy property in 2026 typically include areas on the outskirts of the metropolitan region, where median house prices are lower compared to inner-city suburbs. Specific suburb names can vary based on market trends.

Are cheaper suburbs in Perth suitable for families?

Many affordable suburbs in Perth offer family-friendly amenities such as schools, parks, and community centers. However, it is important to research each suburb individually to ensure it meets specific family needs.

How does buying in a cheaper suburb affect property investment potential?

Buying in a cheaper suburb can offer good investment potential if the area is undergoing development or regeneration. However, growth rates may be slower compared to more established or high-demand suburbs.

What should buyers consider when purchasing in Perth’s cheapest suburbs?

Buyers should consider factors such as future infrastructure projects, crime rates, school quality, access to public transport, and overall lifestyle when purchasing property in cheaper suburbs to ensure a sound investment and comfortable living environment.

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