Where to find affordable coastal properties in Australia

Looking for a sea change? Living near the beach is still possible for Aussies on a budget.

If you're sick of property and rental prices in your city, relocating probably sounds pretty good about now. 

While city slickers are often married to jobs in urban centres, if you have the flexibility to work out of town, a coastal hub could meet your lifestyle needs. 

"Around two thirds of people who have lived in a capital city are looking to buy outside [of the city]," realestate.com.au Chief Economist, Nerida Conisbee, told Lifestyle.

"A lot of it has to do with pricing - it is a lot cheaper in regional areas - but also lifestyle is such a big factor. If you have a look at [some coastal] locations, you see the kinds of places you can get and some of them are right on the beach and [are] really, really beautiful."

Nerida says these hubs also make for a great investment, where rental yields are quite high. 

Nerida pinpointed a group of locations that offer great facilities and infrastructure, right on the beach, and for a good price!

Corindi Beach, NSW

Corindi Beach is an untapped, picturesque gem. Near Coffs Harbour, this village-like town has a close community feel, and is an ideal location for nature lovers. The median house price in this area is $480,000, which will get you a three or four bedroom home by the sea. For instance, this three-bedder is only 530 metres walk to the beach, and will set you back $450,000.

Inverloch, VIC

Stunning Inverloch is only 143km from Melbourne, on Australia's southern coast. This sweet three-bedder is below the median household price of $478,000 at $445,000 - and it will take you three minutes to stroll to the ocean. 

Port Fairy, VIC

A top spot for surfers and fisherman, Port Fairy is a beloved holiday destination for Victorians. Home to the Port Fairy Folk Festival, there is also an opportunity to rent any extra space on AirBnB during March, as well as over the summer. It's previously been voted one of the world's most liveable cities with a population under 20,000. It's the perfect location for people who love a taste of the coast and the country.

Trinity Beach, QLD

For a two-bedder with views directly to the Coral Sea, you're looking between $350,000 and $450,000 - with the median household price sitting at $480,000 in Trinity Beach. Close to Cairns, Nerida considers Trinity Beach a reasonable investment prospect, predicting prices will rise in the next five years. This two-bedroom unit will set you back $359,000.

Caloundra, QLD

If the Sunshine Coast takes your fancy, Caloundra is one of the most reasonably priced areas, Nerida instructs. More built up than the other suburbs on this list, ocean views are realistic from many apartments in the area, where the median house price is $480,000.

Port Elliot, SA

On top of its serene coastal appeal, Port Elliot is actually a realistic commute to its closest capital city, Adelaide. It remains popular among holiday-goers and retirees, but due to its proximity to the city, Port Elliot could also make a great permanent home for young singles, couples or families. The median house price is $440,000, which could even get you a three or four bedroom home on the beach!

Tuncurry, NSW

The median house price in Tuncurry is $479,000, for which you can get a three bedroom home near the water! Close to the famed nine mile beach, it's also close to Newcastle and just over a three-hour drive from Sydney. 

This three-bedroom home backs on to a waterfront reserve on the Wallamba River, and is $449,000.

Don't miss Waterfront House Hunting on Wednesdays at 9:30pm on Lifestyle Home.

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