Cheap listings of 2023 that have to be seen to be believed
As interest rates continually rose, affordability was keenly chased by Aussie buyers.
In some lower brackets of the market, demand was so high that resulted in medians rising.
Nine unearthed some special buys in 2023, priced under $430,000. One has hopes of $99,000. From waterfront homes, to resort style retreats, a chic Sydney Harbour-side apartment and country getaways, these were the standard unique and affordable offerings of the year.
Rushcutters Bay, New South Wales
Listing: see more images here of the property
A buyer rushed to secure Sydney’s cheapest apartment, which is the size of a car park but big on glamour.
The address near the harbour sold in just 11 days, on the market for $227,000. At 7/67 Roslyn Street, Rushcutters Bay, the location is shared by some of the most salubrious homes in inner-city Sydney.
The little studio apartment – at 2.7-metres wide and 5.7-metres long – was listed with a price guide of $225,000 to $247,000.
It has windows to the next-door St Canice’s Church, which was built in 1889 and provides a picturesque backdrop to the itty-bitty pad.
The single-room studio apartment has a kitchen but no bathroom. These facilities are shared among residents of the building.
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Batchelor, Northern Territory
Listing: see more images here of the property
The showstopper here at 17 Pinaroo Crescent in Batchelor is the Balinese resort-style bathroom, which has the look and feel of a holiday villa, and a soaking tub.
The property sold for $430,000 on October 22, as stated on the listing.
The four-bedroom home is an hour from Darwin and has a 17-metre long outdoor entertaining pavilion, for making the most of the Territory’s balmy weather.
Paul Heron of Heron Property was the agent tasked with sealing the deal.
Kelso, Tasmania
Listing: see more images here of the property
Is this cute 1960’s cottage Australia’s most affordable sea change? The property in Tasmania’s West Tamar area was built in 1963 and has been recently renovated.
The real estate phrase “a stone’s throw” was created for 14 Ferguson Street, Kelso. It is a short distance from the water’s edge. The local boat ramp is three minutes’ away.
Behind the sweet dove grey façade and neat white picket fence is a modernised two-bedroom, one-bathroom dwelling.
The cottage sold for $340,000 on November 3, as stated on the listing.
Interlaken, Tasmania
Listing: see more images here of the property
A humble home can still be something special. And so it is in Interlaken in Tasmania, where a charmingly rustic highland retreat has been listed with price hopes of $195,000.
At 1, Shack Site Alma Tier Road, the property seems to have been strategically dropped in the handsome wilderness. It is described as the “ultimate escape” from the pressures of life in 2023.
In the island’s central region, the address includes a one-bedroom timber cottage – one of a number of weekenders in the area, the listing explains – and 87 hectares of land.
Agent Nick Hay of Howell Property Group is looking after the campaign.
Nimmitabel, New South Wales
Listing: see more images here of the property
Welcoming visitors with its sunny yellow front door, the three-bedroom, late-1900s cottage sold for $355,000 on December 15, as stated on the listing.
The cute weatherboard and brick dwelling at 25 North Boys Street in Nimmitabel sits on 2023 square metres and was listed by McGrath Snowy Mountains’ agent Luke Tozer.
Large wood fires and a gas stove lend rustic charm and ambiance to the home, which is coddled in established gardens, which has a tenant signed on until August 2024.
Morawa, Western Australia
Listing: see more images here of the property
A heritage cottage in regional Western Australia has been whisked off the market for $100,000. One of the most affordable – and liveable – period homes in the country sold on July 10, the listing advises.
The cream and red house at 18 Winfield Street in Morawa, in the state’s mid west, has treasured period characteristics – true to its 1925 origins – beyond a handsomely deep, wrap-around verandah.
Inside are wood-panelled walls, French doors to the shady verandah, which combats the intense WA heat, and floorboards.
The neat, welcoming property has three bedrooms and one bathroom, in the town’s centre, 370km north of Perth. The deal was struck by agency Peter Kuhne Real Estate.
Couran Cove Resort, Queensland
Listing: see more images here of the property
Waterfront resort living in Queensland for $80,000-plus sounds like a unicorn of the real estate world – but saddle up, because here it is.
The paradise property has been listed, seeking offers, on South Stradbroke Island.
The studio – 1307 Waterfront Studio Apartment, within the Couran Cove Resort – is fully furnished and has a deck and verandah out over the water.
A 30-minute ferry ride will deposit the new owner at Hope Island on the Gold Coast, and Brisbane is 45 minutes away.
“Perfect for a personal holiday home, families/couples/singles, boaties, fishermen and investors,” the listing says. “Being a holiday resort, the choice is yours whether to include the Lodge in the Couran Cove holiday renting pool, or rent it yourself privately and holiday there yourself when its vacant.”
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