Which suburbs should you invest in right now across Australia

Finding affordable housing in Australia’s metropolitan areas may not be such an impossible task, especially in Perth, where the property boom is lagging behind other states.

According to real estate data across Australia, there are still plenty of options, whether you’re a first-time homebuyer, family, investor or downsizer.

Depending on your capital city, some properties are priced as low as $290,000, but others will set you back as much as $2.5 million.

Sydney-based buyers’ agent Lucy Bulla told NCA NewsWire it was a great time to buy a home.

“I think if anyone is ready to buy right now, now is the time to buy,” he said.

“You have less competition and you can really pick a few, I wouldn’t say good deals, great deals, but really fair prices for properties.”

out of home for sale sign
camera iconBuyers’ agent Lucy Bulla says now is a great time to buy a home. Credit: Supplied

Sydney eastern suburbs agent Kiki Bermudez agreed that buyers were in a much better position now than they were last year.

“Last year, we all know it was a bull market where it was crazy in terms of its bullish momentum,” he told NCA Newswire.

“Now what we are seeing is that downward transition, or correction in the market.”

Ms Bulla pointed out that interest rates affected how much people could borrow and therefore how much they offered on a property.

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