Australia’s three cheapest streets can all be found in the same tiny Territory township with median property prices sitting about $44.9m below Australia’s most expensive street.
Analysis by Ray White Group found Australia’s most affordable street was Ringwood St in Southport, which sits about a 50-minute drive from Darwin between Blackmore River and Berry Springs.
Ringwood St has a median sale price of just $100,000.
Second place was taken out by Austin St, where homes cost $103,000 on average, and in third spot was Kersley St with a median home price of $106,000.
In contrast, Australia’s most expensive street is Wolseley Rd in Point Piper with a median house price of $45m.
This was followed by Wetworth Rd, Vaucluse, where homes sell for $23.4m on average, and Ginahgulla St, Vellvue Hill, which has a median sale price of …