Where you can buy a unit for a third of the price of a house [Video]

Looking to buy a unit or apartment?

Here’s where you should be buying, according to new research by market analyst SuburbData.

According to its report, buyers are getting the lifestyle for less in some of our most popular suburbs by opting for a unit or apartment over a house.

And the biggest savings can be made in North Adelaide, where the typical unit or apartment costs two-thirds less than that of houses.

SIGN UP NOW FOR OUR FREE REAL ESTATE NEWSLETTER

Here, the typical unit or apartment will set you back just $484,000, while the median house value is $1.464m.

It’s a similar situation in Glenside, on Adelaide’s eastern fringe, where units and apartments, at $566,000, are just 34.8 per cent of the price of the average house at $1.626m.

In fact, homebuyers can get the lifestyle they want for less than half the price they would be paying to enjoy it from a house in five more suburbs – the city fringe suburb of Parkside, …