Best suburbs to invest in Australia under $1.2M

We analyse 9,375 suburbs using 8 investment-grade signals used by buyers agents — then recommend three picks for Australia under $1.20M.

Customise filters

Your recommended picks

Best buys under $1.20M

Best overall pick for you
🥇Balanced pick

Footscray

Strong dual 7.1%/yr growth + infrastructure tailwind with no single overextension.

Why it wins · Most balanced profile in your filter — +1 pts over Sunshine.

Stable entry pointVIC · 3011$945k medianNear New Footscray Hospital
70Strong · top 15%
Details
Drivers
  • Infrastructure pipeline$5.2bn nearby
  • Supply tightening-7.0% YoY
  • Income growth+21.0% (5y)
  • Population growth+7.8% (5y)
Risks
  • Thin gross yield (2.0%)

Nearby construction ·New Footscray Hospital0.0 kmConstruction · 2026

Maribyrnong · scored against your filter
🥈Growth

Annerley

79Standout
QLD · $1.15M
Drivers
  • Capital growth10.8%/yr
  • Population growth+10.0% (5y)
  • Supply tightening-7.0% YoY
  • Income growth+18.0% (5y)
Risks
  • At top of budget (95% of cap)
  • Thin gross yield (1.6%)
Stable but fully priced
Open →
🥉Yield

Noarlunga

75Standout
SA · $545k
Drivers
  • Capital growth10.8%/yr
  • Rental yield4.4%
  • Tight rentals1.2%
  • Supply tightening-4.0% YoY
Risks
  • No major construction project in this state
Stable entry · room to scale
Open →
Compare Annerley · Noarlunga · Footscray side-by-side under $1.20MCompare picks
Related searches