Cheap Aussie houses on the market for the price of a car

As metro property prices keep rising steeply, imagine snapping up an address for the same price as an SUV.

Many citysiders are turning their attention to Australia’s regions. 

$70,000

27 Second Street, Pekina SA 5431

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In South Australia’s Southern Flinders Ranges, an old stone cottage is on the market for just $70,000. 

The picturesque two-bedroom house has a pretty pink exterior, original fireplaces and a tin roof. 

It needs plenty of work to restore the cottage to its former glory, but the listing says it could make “the perfect home or weekender” just a three-hour drive from Adelaide. 

$75,000

Lot 2 Aylett St, Coober Pedy SA 5723

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Six hours up the road in Coober Pedy, a three-bedroom family house is on the market for $75,000. 

The aboveground home is within walking distance of the local school and supermarket, and is in a liveable condition. 

Buyers have the opportunity of doing some work or moving in as is, and the listing touts it as “a great opportunity for a first home buyer, couples or investors.” 

The agent estimates the property could earn $180 per week in rent. 

$63,000

6071 WAKOOL ROAD, Wakool NSW 2710

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In the Central Murray town of Wakool, near the Victorian border, a brick home on nearly an acre of land is on sale for just $63,000. 

The house is currently an empty shell, and needs work to turn it into a habitable dwelling. 

The block backs onto a canal that is a popular fishing spot, and there are plenty of tall trees on the property. 

Offers over $70,000 Considered

1307 Waterfront Studio Apartment Couran Cove Resort, South Stradbroke QLD 4216

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A studio flat on Queensland’s South Stradbroke Island with waterfront views is on the market for offers over $70,000. 

However, the listing notes that the apartment building is subject to ongoing legal disputes between the resort owners and the body corporates. 

There is currently no mains power, water or gas. The listing states “numerous owners have been setting up their properties on the island off-grid”.