Outback Town Offers Homes Cheaper to Buy Than Rent

Barcaldine, a small town in outback Queensland, is emerging as a surprising refuge for those seeking affordable housing. Many former city dwellers, like Kerry Duncan and Jack Jones, have made the move to Barcaldine, attracted by the prospect of owning a home for less than the cost of renting.

Housing Affordability in Barcaldine

Kerry Duncan, a 59-year-old receptionist, recently relocated to Barcaldine after selling her home in Townsville. With a budget of $150,000, she purchased a “charming” fixer-upper cottage for $140,000, allowing her to retire debt-free. This move marks a significant change in her lifestyle, as she embraces renovations and the support of her welcoming neighbors.

Cost Comparison

• Duncan’s Purchase: $140,000 for a house in Barcaldine.
• Median House Price: $162,500 in Barcaldine.
• Brisbane Median House Price: $989,000.
• Asking Rent in Barcaldine: $320 per week.
• Asking Rent in Brisbane: $650 per week.

Jack Jones, a 25-year-old who moved to Barcaldine for work, also found the housing market more accessible. He bought a three-bedroom Queenslander for $220,000 in 2025, benefiting from the federal government’s 5% deposit scheme. Jones calculated that his mortgage repayments were cheaper than renting, making homeownership a compelling option in Barcaldine.

Economic Insights

Barcaldine offers a unique advantage in the current Australian real estate market. According to recent statistics, it is one of the few areas where it is actually cheaper to buy than to rent. As Vanessa Rader from Ray White noted, this trend is attracting both first-time buyers and investors.

Why Choose Barcaldine?

• Significantly lower median house prices compared to major cities.
• A community-oriented lifestyle with a strong spirit of neighborliness.

New home buyer schemes facilitating access to the housing market.

For Duncan and Jones, the sense of community has been a major motivator. Duncan appreciates the help she’s received from locals, who are ready to lend a hand as she settles in. Meanwhile, Jones appreciates the welcoming atmosphere and finds living in Barcaldine a refreshing change from Brisbane.

A Bright Future in Barcaldine

The increasing interest in Barcaldine reflects a broader trend of urban dwellers seeking affordable housing in regional areas. As prices continue to rise in major cities, towns like Barcaldine present valuable opportunities for homeownership without the burden of skyrocketing costs. With its low housing market and vibrant community spirit, Barcaldine is an attractive option for those looking to reshape their lives.