The Times Australia
The Times Australia

.
The Times Real Estate

.

6 Affordable Places to Retire in Australia

  • Written by NewsServices.com

From the cool temperatures in Tasmania to the sunshine state of Queensland, we’ve compiled six desirable and affordable places to retire in Australia.

Perth, Western Australia

If you’re looking for a slower pace, spectacular scenery and some of the best beaches in Australia, then Perth might be a good place to spend your retirement. Its property market is only just recovering after a long-winded downturn, so prices are much more affordable than other capital cities across the country.

According to CoreLogic’s latest data, the median property value in Perth is $445,614. Compare this to Sydney’s $882,849 and you can understand why Perth is such an attractive option. It’s only a stone’s throw away from the wine region of Margaret River and close to beautiful national parks.

Hobart, Tasmania

It may not have the warm weather that Perth boasts but Hobart is renowned for its beautiful natural surroundings. Combine that with emerging arts, culture and cafe scenes and it makes for the perfect spot to spend your retirement. Despite the recent property boom, the median property value in Hobart is $483,032, well below the national average of $554,229 (CoreLogic).

You can also expect to get more bang for your buck than in other capital cities like Sydney and Melbourne. Battery Point and Sandy Bay are just a few desirable suburbs to consider looking at if you’re interested in retiring around Hobart.

Port Stephens, News South Wales

An easy two and a half hour drive north of Sydney and less than an hour from Newcastle, Port Stephens is home to pristine beaches, sand dunes, nature walks and a range of first-class amenities. Once a sleepy sea-side town, Port Stephens is now a vibrant coastal destination with an array of leisure activities and dining options like Rick Stein’s Bannisters.

According to CoreLogic, the median house price in the area is $580,000, which is more affordable than Newcastle ($631,500).

Hervey Bay, Queensland

If you’re looking for warmer weather and crystal-clear waters, look no further than Hervey Bay. Known for its beautiful surroundings, the region is also incredibly affordable when it comes to property.

From a neat and tidy duplex to a classic Queenslander home, you can score a house for a median price of $348,000 and a unit for just $268,000 (PRD Nationwide report).

Victor Harbor, South Australia

According to CoreLogic’s Most Popular Regions to Retire report, South Australia is the most popular state for retirees with Victor Harbor being the number one destination. Of the population in Victor Harbor, 37.7 per cent are of retirement age. As for property, prices are incredibly affordable for both houses and units. The median price for a house is just $343,500, while you can purchase a unit for $250,000.

The area also has a number of attractions to enjoy. It’s near Granite Island, home to a wild penguin colony, and close to Goolwa, a gateway to the wetlands of the Murray River Mouth.

Southern Highlands, News South Wales 

The Southern Highlands has long been adored by those looking to escape the hustle and bustle of the city.  The region, one and a half hours south of Sydney, encompasses the likes of Bowral, Moss Vale, Berrima and Bundanoon. You’ll be spoiled for choice when it comes to award-winning dining and the area is home to more than 60 wineries and 17 cellar doors.

Property prices in the Southern Highlands are considerably higher than other places on this list but are reasonable when compared to Sydney.  While the main township of Bowral has property prices up around the million-dollar-mark, nearby Moss Vale has a median property price of $657,500 for houses and $499,500 for units (CoreLogic).

Rise of the nocturnal economy: Australian cities take over NY and LA

Deputy’s 2025 Big Shift Report reveals how the nighttime economy, generational changes and the evolution of mi...

The Times Features

The Hidden Dangers of Blocked Drains and the Ultimate Solution for a Hassle-Free Home

Drain blockages are a big hassle to every homeowner and business owner alike. Whether it is a sink in the kitchen or bathroom, a clogged toilet, or a foul smell circulating aroun...

Understanding the Dangers of Ignoring a Gas Leak

Gas leaks are silent threats lurking within both homes and workplaces. A gas leak occurs when natural gas or any other gaseous substance escapes from a pipeline or containment. T...

Can You Sell Your House Privately in Queensland? Here’s How

Selling a house privately in Queensland is entirely possible and can be a cost-effective alternative to using a real estate agent. While agents provide valuable expertise, their co...

Itinerary to Maximize Your Two-Week Adventure in Vietnam and Cambodia

Two weeks may not seem like much, but it’s just the right time for travelers to explore the best of Vietnam and Cambodia. From the bustling streets of Hanoi to the magnificent te...

How to Protect Your Garden Trees from Wind Damage in Australia

In Australia's expansive landscape, garden trees hold noteworthy significance. They not only enhance the aesthetic appeal of our homes but also play an integral role in the local...

Brisbane Homeowners Warned: Non-Compliant Flexible Hoses Pose High Flood Risk

As a homeowner in Brisbane, when you think of the potential for flood damage to your home, you probably think of weather events. But you should know that there may be a tickin...

Times Magazine

"Eternal Nurture" by Cara Barilla: A Timeless Collection of Wisdom and Healing

Renowned Sydney-born author and educator Cara Barilla has released her latest book, Eternal Nurture, a profound collection of inspirational quotes designed to support mindfulness, emotional healing, and personal growth. With a deep commitment to ...

How AI-Driven SEO Enhancements Can Improve Headless CMS Content Visibility

Whereas SEO (search engine optimization) is critical in the digital landscape for making connections to content, much of it is still done manually keyword research, metatags, final tweaks at publication requiring a human element that takes extensiv...

Crypto Expert John Fenga Reveals How Blockchain is Revolutionising Charity

One of the most persistent challenges in the charity sector is trust. Donors often wonder whether their contributions are being used effectively or if overhead costs consume a significant portion. Traditional fundraising methods can be opaque, with...

Navigating Parenting Arrangements in Australia: A Legal Guide for Parents

Understanding Parenting Arrangements in Australia. Child custody disputes are often one of the most emotionally charged aspects of separation or divorce. Parents naturally want what is best for their children, but the legal process of determining ...

Blocky Adventures: A Minecraft Movie Celebration for Your Wrist

The Minecraft movie is almost here—and it’s time to get excited! With the film set to hit theaters on April 4, 2025, fans have a brand-new reason to celebrate. To honor the upcoming blockbuster, watchfaces.co has released a special Minecraft-inspir...

The Ultimate Guide to Apple Watch Faces & Trending Wallpapers

In today’s digital world, personalization is everything. Your smartwatch isn’t just a timepiece—it’s an extension of your style. Thanks to innovative third-party developers, customizing your Apple Watch has reached new heights with stunning designs...

LayBy Shopping