Units are fast rising as the dwellings of choice for Australia in recent times. Not only are they affordable compared to houses, they cost less to manage. RP Data has compiled the Top 10 most affordable suburbs for units in the country. According to the report, the most affordable units can be found in South Australia, Tasmania and Queensland. On to the list:

  1. Elizabeth Vale, South Australia: Median unit value: $143,425
  2. Elizabeth North, South Australia: Median unit value: $159, 348
  3. Logan Central, Queensland: Median unit value: $171,459
  4. Woodridge, Queensland: Median unit value: $182, 648
  5. New Norfolk, Tasmania: Median unit value: $183, 601
  6. Salisbury, South Australia: Median value: $183,970
  7. Berriedale, Tasmania: Median value: $184,217
  8. Beenleigh, Queensland: Median value: $186,159
  9. Slacks Creek, Queensland: Median value: $186,619
  10. Salisbury North, South Australia: Median value: $188,262

Read more about this on the Property Observer website.

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Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.