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Australia's best property options under $500,000 - but don't bother looking in Sydney

Buyers looking for real estate priced below $500,000 may feel they're facing mission impossible but there are capital city suburbs and regional areas where liveable properties can be found on this budget.

Launceston suburb
Regional property markets, such as Launceston, offer budget-conscious property buyers options below $500,000. (Image source: Shutterstock.com)

Are there any decent properties that can be bought in Australia for less than half a million dollars these days?

In the face of record property prices, first home buyers, separated couples and some property investors looking to bolster a portfolio can face daunting affordability hurdles.

Buying residential property under $500,000 anywhere in Australia is mostly limited to outer metropolitan suburbs and regional areas for houses, while units or …

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