Australia's cheapest property on the market right now is $20,000

The cheapest property for sale in Australia is located in the outback.

For $20,000, the buyer will secure land and a dugout in Andamooka, South Australia.

At the time of publication, listings show there are parcels of land for sale for under $20,000, but not ones that come with some form of structure.

Listed by Craig Sumsion of Raine & Horne Roxby Downs, Lot 75 Government Road in the opal mining town of Andamooka, requires a buyer willing to put in significant work.

Lot 75 Government Road, Andamooka, South Australia
See the listing for the cheapest property here

SOLD - $18,000

Lot 75 Government Road, Andamooka SA 5722

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On offer is a block of land of approximately 1224 square metres and a dugout that’s “in need of work”.

A dugout is a shelter made by digging a hole in the ground, with some form of cover as a roof.

Despite some hard labour required, the agent suggests the allotment “has potential and options for you to work with”. There is only one photo of the allotment on the listing.

Andamooka is 600km north of Adelaide between Roxby Downs and Lake Torrens.

It has a population of 321 and an average age demographic of 60 and above.

Four other properties for sale in Andamooka, South Australia

Lot 345 Government Road
See photos of the listing here

$30,000

Lot 345 Government Road, Andamooka SA 5722

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Lot 430 Sultan Road
See photos of the listing here

SOLD - $90,000

Lot 430 Sultan Road, Andamooka SA 5722

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Lot 72 Thompson Court
See photos of the listing here

SOLD - $62,000

Lot 72 Thompson Court, Andamooka SA 5722

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Lot 706 Harlequin Road
See photos of the listing here

$65,000

Lot 706 Harlequin Road, Andamooka SA 5722

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