By, Kieran Clair.  ‘Location location location’ is the mantra for high-flying property purchasers, and we’ve found the cheapest way to get first-class real estate at a premium-economy price. An interactive tool created by realestate.com.au (REA) allows blue-chip bargain hunters to bag cut-price homes in premium positions, by identifying cheap suburban “micro-pockets”. The analysis relies on Australian Bureau of Statistics SA1 zones, which are mini areas in every suburb made up of 200 to 800 people. Buyers can enter the name of their favourite suburb, and the REA tool identifies the suburb’s micro-pocket where homes are most affordable. Micro-pocket analysis of some of our most expensive suburbs for houses revealed the hot options for cut-price buyers. According to the research, you could save around $850,000 in our most expensive suburb, Teneriffe, by buying in the cheapest pocket. In Ascot, you can save $690,000 while in St Lucia, there’d be $527,000 discount on the suburb’s median. Read More Here