Outback Town Sells Homes for Less Than Renting
Barcaldine, a quaint town in outback Queensland, is capturing attention as a haven for affordable housing. Many individuals seeking a more economical lifestyle are finding that homeownership here costs less than renting.
Affordable Housing in Barcaldine
One such individual is Kerry Duncan, a 59-year-old receptionist who recently relocated to Barcaldine. After selling her home in Townsville, she purchased a charming fixer-upper for $140,000, well within her $150,000 budget. This transition allows her to embrace renovations and enjoy a debt-free retirement, supported by her helpful neighbors.
Cost Comparison
The housing market in Barcaldine presents a stark contrast to larger cities. Here are some key figures:
- Kerry Duncan’s Purchase: $140,000 for a house
- Median House Price in Barcaldine: $162,500
- Median House Price in Brisbane: $989,000
- Asking Rent in Barcaldine: $320 per week
- Asking Rent in Brisbane: $650 per week
Jack Jones, 25, an earlier city dweller who moved to Barcaldine for work, purchased a three-bedroom Queenslander for $220,000 in 2025. By leveraging the federal government’s 5% deposit scheme, he discovered that his mortgage payments were lower than renting, reinforcing the attractiveness of Barcaldine’s housing market.
Economic Advantages of Barcaldine
Market trends reveal Barcaldine as one of the rare regions in Australia where buying is cheaper than renting. Real estate expert Vanessa Rader from Ray White highlights that this trend is drawing both first-time buyers and investors to the area.
Community Appeal
The congenial community in Barcaldine is a significant draw for newcomers. Duncan greatly values the assistance she has received from locals, who offer their help as she settles into her new home. Similarly, Jones enjoys the friendly environment, finding it a refreshing shift from urban Brisbane.
A Promising Outlook for Barcaldine
The increasing interest in Barcaldine reflects a nationwide trend. As housing prices escalate in major cities, regional towns like Barcaldine are emerging as viable options for homeownership. With its affordable housing market and sense of community, Barcaldine stands out as an appealing destination for those wanting to transform their lives.