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Image: The Property Tribune, Henry Thai.
  • A family suburb has several definitions, including the majority of properties being owner occupied
  • Also, there must be at least 2.5 people on average per household
  • Otago in Hobart ranks top of the list

New research commissioned by Well Money has revealed the top 20 family-friendly suburbs in Australia.

The research involved considering every suburb in the nation, before filtering all those that weren’t deemed to be a ‘family suburb’.

What is a ‘family suburb’?

There are several metrics that determine a family suburb. They include:

  • located within a capital city
  • has a median house price between $200,000 and $1.5 million
  • at least 70% owner-occupied
  • at least 60% of dwellings are freestanding houses
  • at least 2.5 people on average per household
  • a SEIFA education score of at least 6

SEIFA refers to the Socio-Economic Indexes for Areas (SEIFA) and is a product developed by the ABS that ranks areas across Australia in terms of relative socio-economic advantage and disadvantage. An education score above six means its in the top half nationally in terms of educational and occupational status.

Scott Spencer, Well Money CEO, said that while housing affordability is still a concern, home ownership is still a realistic goal for many families.

“There’s no doubt it can be tough for families on average incomes to buy into a family-friendly suburb in a capital city. That said, it’s not impossible, as the data in this report makes clear,” he said.

“Families should take heart from the downturn in property prices we’re currently seeing in many parts of the country, because that reduces the deposit hurdle.

“Of course, with interest rates rising, people’s borrowing capacity is falling. Thankfully, though, it seems we’re getting close to the end of this rate tightening cycle. Also, with unemployment very low at the moment, most families have a steady income.”

Scott Spencer, Well Money CEO

Scott Spencer Well Home Loans
Scott Spencer, Well Home Loans CEO

Mr Spencer added that despite lifestyle changes, many Australians feel that raising a family and buying a house go hand-in-hand.

“Even though very few of us live on a quarter-acre block these days, most of us still want a house with a yard where we can host barbecues and play with the kids,” he said.

“It’s also clear that many families still aspire to home ownership. Buying a house is still widely seen as a rite of passage, alongside having children.”

Top 20 Australian suburbs for families

Rank State Suburb Postcode Median house price Increase in inventory levels
1 TAS Otago 7017 $995,000 3.6 months
2 SA Seaford Heights 5169 $570,000 3.4 months
3 VIC Kinglake West 3757 $930,000 3.2 months
4 VIC Wonga Park 3115 $1,390,000 2.2 months
5 SA Tea Tree Gully 5091 $652,284 2.2 months
6 SA One Tree Hill 5114 $899,000 2.2 months
7 WA Banjup 6164 $1,300,000 2.2 months
8 SA Netherby 5062 $1,242,000 2.1 months
9 SA Westbourne Park 5041 $1,009,400 2.0 months
10 NSW Bullaburra 2784 $863,550 2.0 months
11 QLD Seventeen Mile Rocks 4073 $851,400 1.7 months
12 SA Stirling 5152 $1,288,000 1.7 months
13 NSW Bungarribee 2767 $1,245,000 1.6 months
14 NSW Valley Heights 2777 $880,000 1.5 months
15 VIC North Warrandyte 3113 $1,250,000 1.5 months
16 WA Carine 6020 $999,606 1.3 months
17 VIC New Gisborne 3438 $831,497 1.3 months
18 QLD Upper Kedron 4055 $1,031,665 1.2 months
19 TAS Blackmans Bay 7052 $875,000 1.2 months
20 TAS Howden 7054 $1,350,000 1.2 months

Suburb by suburb

1. Otago 7017 (TAS)

Indicator Result
Median house price $995,000
Inventory level – August 2022 4.8 months
Inventory level – November 2022 8.4 months
Inventory level – change 3.6 months
Average household weekly income $1,937
Owner-occupier share of local population 89%
Freestanding house share of local population 98%
SEIFA education score 7

2. Seaford Heights 5169 (SA)

Indicator Result
Median house price $570,000
Inventory level – August 2022 4.1 months
Inventory level – November 2022 7.5 months
Inventory level – change 3.4 months
Average household weekly income $2,170
Owner-occupier share of local population 78%
Freestanding house share of local population 94%
SEIFA education score 9

3. Kinglake West 3757 (VIC)

Indicator Result
Median house price $930,000
Inventory level – August 2022 4.0 months
Inventory level – November 2022 7.2 months
Inventory level – change 3.2 months
Average household weekly income $1,950
Owner-occupier share of local population 90%
Freestanding house share of local population 99%
SEIFA education score 6

4. Wonga Park 3115 (VIC)

Indicator Result
Median house price $1,390,000
Inventory level – August 2022 1.7 months
Inventory level – November 2022 3.9 months
Inventory level – change 2.2 months
Average household weekly income $2,790
Owner-occupier share of local population 93%
Freestanding house share of local population 100%
SEIFA education score 9

5. Tea Tree Gully 5091 (SA)

Indicator Result
Median house price $652,284
Inventory level – August 2022 2.2 months
Inventory level – November 2022 4.4 months
Inventory level – change 2.2 months
Average household weekly income $1,607
Owner-occupier share of local population 84%
Freestanding house share of local population 90%
SEIFA education score 7

6. One Tree Hill 5114 (SA)

Indicator Result
Median house price $899,000
Inventory level – August 2022 4.4 months
Inventory level – November 2022 6.6 months
Inventory level – change 2.2 months
Average household weekly income $2,317
Owner-occupier share of local population 91%
Freestanding house share of local population 100%
SEIFA education score 7

7. Banjup 6164 (WA)

Indicator Result
Median house price $1,300,000
Inventory level – August 2022 5.5 months
Inventory level – November 2022 7.6 months
Inventory level – change 2.2 months
Average household weekly income $2,507
Owner-occupier share of local population 86%
Freestanding house share of local population 99%
SEIFA education score 8

8. Netherby 5062 (SA)

Indicator Result
Median house price $1,242,000
Inventory level – August 2022 1.4 months
Inventory level – November 2022 3.5 months
Inventory level – change 2.1 months
Average household weekly income $2,537
Owner-occupier share of local population 83%
Freestanding house share of local population 65%
SEIFA education score 10

9. Westbourne Park 5041 (SA) 

Indicator Result
Median house price $1,009,400
Inventory level – August 2022 1.6 months
Inventory level – November 2022 3.6 months
Inventory level – change 2.0 months
Average household weekly income $2,164
Owner-occupier share of local population 76%
Freestanding house share of local population 71%
SEIFA education score 10

10. Bullaburra 2784 (NSW)

Indicator Result
Median house price $863,550
Inventory level – August 2022 2.3 months
Inventory level – November 2022 4.2 months
Inventory level – change 2.0 months
Average household weekly income $1,765
Owner-occupier share of local population 85%
Freestanding house share of local population 98%
SEIFA education score 9

11. Seventeen Mile Rocks 4073 (QLD)

Indicator Result
Median house price $851,400
Inventory level – August 2022 1.2 months
Inventory level – November 2022 2.9 months
Inventory level – change 1.7 months
Average household weekly income $2,617
Owner-occupier share of local population 79%
Freestanding house share of local population 93%
SEIFA education score 10

12. Stirling 5152 (SA)

Indicator Result
Median house price $1,288,000
Inventory level – August 2022 1.2 months
Inventory level – November 2022 2.9 months
Inventory level – change 1.7 months
Average household weekly income $2,368
Owner-occupier share of local population 84%
Freestanding house share of local population 94%
SEIFA education score 10

13. Bungarribee 2767 (NSW)

Indicator Result
Median house price $1,245,000
Inventory level – August 2022 2.1 months
Inventory level – November 2022 3.8 months
Inventory level – change 1.6 months
Average household weekly income $2,928
Owner-occupier share of local population 82%
Freestanding house share of local population 98%
SEIFA education score 9

14. Valley Heights 2777 (NSW)

Indicator Result
Median house price $880,000
Inventory level – August 2022 4.5 months
Inventory level – November 2022 6.0 months
Inventory level – change 1.5 months
Average household weekly income $2,144
Owner-occupier share of local population 88%
Freestanding house share of local population 97%
SEIFA education score 9

15. North Warrandyte 3113 (VIC)

Indicator Result
Median house price $1,250,000
Inventory level – August 2022 1.8 months
Inventory level – November 2022 3.2 months
Inventory level – change 1.5 months
Average household weekly income $2,766
Owner-occupier share of local population 93%
Freestanding house share of local population 100%
SEIFA education score 10

16. Carine 6020 (WA)

Indicator Result
Median house price $999,606
Inventory level – August 2022 2.4 months
Inventory level – November 2022 3.7 months
Inventory level – change 1.3 months
Average household weekly income $2,442
Owner-occupier share of local population 88%
Freestanding house share of local population 86%
SEIFA education score 10

17. New Gisborne 3438 (VIC)

Indicator Result
Median house price $831,497
Inventory level – August 2022 2.1 months
Inventory level – November 2022 3.4 months
Inventory level – change 1.3 months
Average household weekly income $2,279
Owner-occupier share of local population 87%
Freestanding house share of local population 97%
SEIFA education score 9

18. Upper Kedron 4055 (QLD)

Indicator Result
Median house price $1,031,665
Inventory level – August 2022 1.5 months
Inventory level – November 2022 2.8 months
Inventory level – change 1.2 months
Average household weekly income $2,980
Owner-occupier share of local population 72%
Freestanding house share of local population 100%
SEIFA education score 10

19. Blackmans Bay 7052 (TAS)

Indicator Result
Median house price $875,000
Inventory level – August 2022 1.4 months
Inventory level – November 2022 2.6 months
Inventory level – change 1.2 months
Average household weekly income $1,806
Owner-occupier share of local population 77%
Freestanding house share of local population 93%
SEIFA education score 8

20. Howden 7054 (TAS)

Indicator Result
Median house price $1,350,000
Inventory level – August 2022 2.4 months
Inventory level – November 2022 3.6 months
Inventory level – change 1.2 months
Average household weekly income $2,324
Owner-occupier share of local population 91%
Freestanding house share of local population 100%
SEIFA education score 10

For other family suburbs across Australia, check out our articles for Sydney, Melbourne Canberra, Brisbane and the Gold Coast.



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