Affordable locations for first home buyers

Although property values rose strongly during 2009 there are many suburbs across Australia which are offering first home buyers sound investment opportunities.

As Australia’s leading home lender we have teamed up with RP Data, Australia’s leading property information researcher, to provide an insight into those suburbs which, on average, represent affordable locations for first home buyers.

Across Australia the report identifies more than 27,000 houses and more than 14,000 units sold during the second half of 2009 that are within the purchasing power of the average Commonwealth Bank first home buyer. That’s almost one fifth of all the sales settled during the six month period.

 Download April 2010 report (6MB)

• Important Information
  The Affordable locations for first home buyers (April 2010) Report contains information obtained from RP Data, who themselves obtain the information from a number of sources. While the Commonwealth Bank believes the information will be reliable at the time of publication, it does not warrant its accuracy and/or completeness, and the information should not be used as a substitute for your own research and enquiries.