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Source: Switzer Broker 7 March 2014

Suburbs that blend housing affordability, large block sizes and amenities have topped the list of the Aussie/RPData Top 100 suburbs for family living.

Kingston in Greater Hobart was the top metropolitan suburb in Australia for family living, with a median house price of $250,000.

“The combination of affordable home prices (the median house price is just $350,000), large average block size (828sqm) and slightly more than three bedrooms on average (3.3) fits the ‘family’ profile very well,” the report said. “Added to this, is the availability of local amenities such as schools and shopping centres and the overall attractiveness of Kingston as a family location.”

Morayfield in Brisbane came in second (median house price $310,000), followed by Lauderdale in Greater Hobart ($330,000), Byford in Perth ($439,00) and Taylors Lakes in Melbourne ($495,000) rounding out the top five.

Melbourne took out top honours as the city with the highest number of suburbs in the metro top 100 list, with 31 suburbs in total. Brisbane followed with 22 suburbs included in the list, then Sydney (21), Adelaide (nine), Perth (four). Darwin had just one suburb in the top 100 (Bellamack), while Canberra had none.

The Top 100 list ranked suburbs on factors including house prices, typical block size, average number of bedrooms, historical capital gains and a range of proximity attributes involving schools, health care facilities, child care centres and retail facilities.

According to the list, family households valued living in a detached house on a large block of land, while the opportunity for capital growth was important, as were locational aspects such as proximity to schools, health care and shopping facilities.

The list reveals that while the many family desire to live close to the city or coastline, suburbs located in the middle to outer ring had the highest proportion of housing markets contained in the results.

“These markets tend to offer more affordable housing options that are located on larger blocks of land compared with suburbs closer to the CBD. The level of amenity and proximity to essential services such as schools and health care also play a large role in the analysis.”
In the top 10 regional suburbs for family living, Orange in the Central West region of New South Wales came in at number one (median house price $333,500). Wallan in the Goulbourn region of Victoria ($322,500) was second, followed by Bacchus Marsh in the Central Highlands of Victoria ($332,00), Dubbo in North West New South Wales ($280,000) and Warragul in the Gippsland region of Victoria ($306,000) rounding out the top five.

The top 10 suburbs within each capital city are:

Sydney

  • Forestville – median house price $910,000
  • North Rocks – $751,000
  • Beecroft – $1,041,250
  • Castle Hill – $874,000
  • Blaxland – $457,250
  • West Pennant Hills – $941,500
  • Carlingford – $797,000
  • West Pymble – $965,000
  • Turramurra – $1,118,500
  • Katoomba – $350,000

 

Melbourne

  • Taylors Lakes – $495,000
  • Diamond Creek – $498,000
  • Cockatoo – $335,000
  • Ringwood North – $602,000
  • Greenvale – $540,000
  • Upwey – $415,000
  • Mooroolbark – $430,000
  • Beaconsfield – $480,250
  • Chirnside Park – $450,000
  • Langwarrin – $384,500

 

Brisbane

  • Morayfield – $310,000
  • The Gap – $569,000
  • Kenmore – $558,000
  • Albany Creek – $487,500
  • Eatons Hill – $529,500
  • Bray Park – $344,250
  • Redbank Plains – $286,000
  • Alexandra Hills – $392,500
  • Narangba – $430,000
  • Collingwood Park – $295,000

 

Adelaide

  • Aberfoyle Park – $369,000
  • Belair – $480,000
  • Banksia Park – $340,500
  • Flagstaff Hill – $436,000
  • Highbury – $385,000
  • McLaren Vale – $375,000
  • Pooraka – $303,500
  • Happy Valley – $352,500
  • Aldgate – $605,000
  • Modbury North – $330,000

 

Perth

  • Byford – $439,000
  • Floreat – $1,201,000
  • Forrestfield – $420,000
  • Wanneroo – $454,500
  • Thornlie – $435,000
  • Kalamunda – $622,500
  • Canning Vale – $580,000
  • Lesmurdie – $593,000
  • Atwell – $550,000
  • Kelmscott – $360,000

 

Hobart

  • Kingston – $350,000
  • Lauderdale – $350,000
  • Lenah Valley – $370,000
  • Sandy Bay – $588,600
  • Claremont – $240,000
  • Lindisfarne – $359,000
  • Geilston Bay – $344,000
  • Blackmans Bay – $405,000
  • South Arm – $330,000
  • Glenorchy – $230,000

 

Darwin

  • Bellamack – $282,500
  • Howard Springs – $620,000
  • Jingili – $596,500
  • Leanyer – $635,000
  • Humpty Doo – $630,000
  • Stuart Park – $775,000
  • Nakara – $605,000
  • Rapid Creek – $707,500
  • Wulagi – $585,000
  • Tiwi – $557,500

 

Canberra

  • Deakin – $830,000
  • Kaleen – $549,950
  • Curtin – $682,500
  • Evatt – $470,000
  • Kambah – $485,000
  • Campbell – $887,000
  • Aranda – $761,500
  • Fadden – $612,000
  • Nicholls – $704,750
  • Wanniassa – $510,000