Where to Invest in Australian Property Under $600K (2025 Guide)
In today’s rising property market, finding viable investment opportunities under $600,000 can feel out of reach—especially for first-time buyers and everyday investors. But with the right strategy and guidance, it’s still possible to enter the market with confidence.
In a recent webinar hosted by Newbridge Home Loans, property expert Rich Harvey, from Property Buyer and a seasoned buyer’s agent with a background in economics, shared key insights into identifying growth locations and making smart investment decisions under the $600K mark.
Whether you’re buying your first property or expanding your portfolio, this article breaks down the essential takeaways from that session—including what factors matter most and where you should be looking right now.
What to Look for When Buying Property Under $600K
In a competitive market, buying smart means having clear, non-negotiable criteria. According to Rich Harvey, here’s what to prioritise when hunting for property under $600K:
1: Capital Growth Potential: Focus on areas with a proven track record of growth and strong future forecasts.
2: Affordability: Stick to your budget, but don’t compromise on long-term value.
3: Low Vacancy Rates: Target locations with high rental demand for steady income.
4: Infrastructure & Amenities: Good access to schools, hospitals, and public transport increases livability and appeal.
5: Population Growth: More people often means more housing demand—and rising prices.
6: Employment Diversity: Avoid one-industry towns; look for areas with broad job opportunities.
7: Supply Constraints: Limited development means less competition and stronger future demand.
8: Lifestyle Appeal: Regions offering lifestyle perks are increasingly popular—especially with remote workers.
Top Affordable Investment Locations in 2025
During the webinar, several regions were highlighted for their investment potential—each with strong rental yields, infrastructure projects, and price points under $600K. Here are some standouts:
1: Townsville – Boosted by defense projects and hospital expansions, with strong population growth.
2: Mackay – Attractive yields thanks to ongoing infrastructure upgrades and mining employment.
3: Rockhampton – A stable, community-driven market with solid infrastructure spending.
4: Bundaberg – Growth supported by healthcare and transport developments.
5: Gladstone – A resurging resources hub with major port and industrial expansion.
6: Geelong & Ballarat (VIC) – Proximity to Melbourne and upgraded transport links are key growth drivers.
7: Rockingham & Bunbury (WA) – Affordable lifestyle hubs benefitting from naval and hospital developments.
8: Mount Gambier (SA) – A balanced economy underpinned by agriculture and tourism.
Property Market Trends to Watch in 2025
Looking ahead, Rich Harvey pointed to three major trends shaping the market:
1: Easing Interest Rates: Lower rates may increase borrowing power and drive buyer demand.
2: Regional Growth: Places like Townsville are set for major population increases—up to 360,000 by 2046.
3: Government Investment: Significant spending on infrastructure and healthcare is lifting local property values.
These signals suggest that buyers who enter the market now—particularly in up-and-coming regions—stand to benefit from both capital gains and rental returns in the coming years.
Investing in Australian property under $600K is not just possible—it’s smart, if you know where to look. By focusing on areas with growth potential, low vacancy rates, infrastructure upgrades, and employment diversity, both new and seasoned investors can build wealth strategically.
As always, thorough research and expert advice are critical. Consider speaking with a buyer’s agent or mortgage broker who understands your goals and the current lending environment.
