A sea change or holiday home in Western Australia's South West is more affordable than you thought, with new data from the REIWA revealing "hidden gems" - the region's 10 most affordable suburbs.

Collie, Withers and Manjimup top the list, but Western Australia’s much-loved South West region, which includes the famed wine-growing region of the Margaret River, as well as well-known Denmark, and thriving Bunbury and Albany, gives buyers plenty to choose from.

South West Western Australia's 10 most affordable suburbs

Source: reiwa.com 

REIWA president Hayden Groves, said, “Whether you’re looking for a property to invest in or seeking to move to the region, there is an abundance of options available to buyers down south.

“The median house prices of the 10 suburbs on the list range between $205,000 and $335,000, which is well below the Perth metro median house price of $525,000*,” said Groves.

REIWA Councillor Joe White, who is based in Dunsborough and is a passionate advocator for the South West region, said many of the 10 suburbs on the list were ‘hidden gems’ he expected to grow in popularity over the coming years.

“Withers and Usher for example, ranked two and six on the list respectively, are both located on the coast," he said. 

"To be able to buy a property that close to the beach for $300,000 or less is simply unheard of in the city," he said.

Withers and Usher are "superbly" located, said White, being close to the Bunbury CBD and sporting facilities, and new developments in the area.

A map showing the regions of Western Australia. Image: Scoop Traveller.

White said non-coastal areas in Western Australia's South West also have great appeal.

“The South West’s non-coastal regional areas are fantastic places to live too," he said. 

"If you are living on limited means, there is probably no better place to make your dollars stretch than in towns in the South West of WA,” concluded White.

Groves said the South West region has great diversity of its landscape, which is part of its appeal.

“Whether you’re looking to live near the beach, prefer a rural secluded lifestyle, or would rather live near a vibrant, fast-growing and modern town like Bunbury, there is lots of choice available at very affordable prices," he said.

Groves said strong infrastructure investment is planned for Western Australia's South West, for example the expansion of Busselton Airport Terminal, which will increase the area appeal.

This four-bedroom home in Usher, near the coast, recently sold for $420,000. Image: Harcourts.

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