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Budget Direct revealed the suburbs with the highest number and biggest concentration of old homes in Australia.

According to the data as of June 2023, New South Wales has the greatest share of pre-1900s homes at 42.30%, followed by Victoria (34.05%).

Share of Pre-1900s homes by state

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Budget Direct’s chief growth officer Jonathan Kerr said New South Wales’ suburb of Paddington has the largest share of old homes in the state at 2.39%.

“The Sydney suburbs of Newtown (1.58%), Surry Hills (1.37%), Balmain (1.29%) and Redfern (1.14%) round out the top five for Australia’s biggest city.”

While New South Wales might have more old homes, Queensland has the suburbs with the highest concentration of aged houses — in fact, six of the top 10 suburbs in Australia with the oldest average home age are found in Queensland.

However, it is the South Australian suburb of Torrensville that has the oldest homes on average — the average age of homes in this suburb is 87.8 years old.

Oldest Homes by Suburb and State

Suburb and State

Average Home Age (in years)

Torrensville, SA

87.8

Ipswich, Qld

82.6

East Geelong, Vic

81.1

East Toowoomba, Qld

79.3

Clovelly, NSW

78.0

East Ipswich, Qld

72.8

Mount Morgan, Qld

72.8

Ascot Vale, Vic

71.0

Gordon Park, Qld

70.9

Ascot, Qld

69.2

Mr Kerr said owners and buyers of old homes must take note of the right insurance that would protect them,

“We’ve all heard the phrase the older the better. Well in this case we certainly acknowledge that homes in these suburbs have stood the test of time,” he said.

“It’s worth noting that the age of a property can have a bearing on home insurance, and that’s why it’s important to know if your home is classified as a heritage-listed dwelling as this may have an effect on insurance protection cover.”

Buying a home or looking to refinance? The table below features home loans with some of the lowest interest rates on the market for owner occupiers.

Update resultsUpdate
LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees LVR Lump Sum Repayment Additional Repayments Split Loan Option TagsFeaturesLinkCompare
6.04% p.a.
6.06% p.a.
$2,408
Principal & Interest
Variable
$0
$530
70%
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5.99% p.a.
5.90% p.a.
$2,396
Principal & Interest
Variable
$0
$0
80%
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6.14% p.a.
6.16% p.a.
$2,434
Principal & Interest
Variable
$0
$250
60%
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5.95% p.a.
5.95% p.a.
$2,385
Principal & Interest
Variable
$0
$0
90%
5.94% p.a.
5.95% p.a.
$2,383
Principal & Interest
Variable
$0
$0
90%
Important Information and Comparison Rate Warning

Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of .

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