The award-winning Tassie town where there are plenty of homes under $400,000

To buy a property for far less than half the typical Aussie house price, set your radar on Tasmania’s award-winning west coast.

Tassie’s increasingly higher-profile Queenstown – which won a national tourism title this year – has a crop of listings for under $400,000 and at this top end, the properties present as character filled and stylish.

The national median house price is $1.049 million.

For those with tradesman skills or a leaner budget are two homes in Queenstown for under $100,000 – one, a tumbling down cottage at 12 Bowes Street, is listed with hopes of $80,000 and the other, a tired weatherboard at 16-20 Mellor Street, is $99,000.

SOLD - $80,000

16-20 Mellor Street, Queenstown TAS 7467

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Both have seen better days but provide scope and potential, on blocks of 590 square metres and 533 square metres, respectively.

Vacant blocks in the town start at $32,000, as per Domain listings at the time of publication. The one at that launching price is 2 Batchelor Street – a 544-square-metre parcel within walking distance of the town’s heart.

Queenstown is in a mountainous region, with strong mining connections.

Gold was discovered in the area and by 1890 copper was also being mined. It is often referred to as having a “moonscape” because of the pink and grey hue of the rocky ridges that surround the town.

Queenstown won Australia’s Top Small Tourism Town for 2023, presented at Parliament House in Canberra in September this year.

$298,000 - Short Time Only!

1 Powell Street, Queenstown TAS 7467

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Visitors come for its historic village, century-old steam train and natural beauty.

The median house price along the west coast of Tassie is $200,000, according to Domain’s June 2023 House Price Report. That sum represents 17.6 per cent price growth over 12 months.

Harcourts West Coast division, through agent Rodney Triffett, is handling a large volume of the Queenstown listings on Domain. Triffett has sold 55 properties in the last year, with a median of $177,000, Domain’s profile shows.

Listed at a negotiable $385,000 is a period home in Queenstown with three bedrooms, on an elevated block.

At 1 Powell Street, it has design flourishes including dado boards, high ceilings and a pressed tin splashback in the kitchen.

“The vendor is a motivated seller, and ready to move on with the next chapter in her life, so why not start yours with this beautiful home?” the listing says.

“As you explore the externals of the home, your eyes will be treated to beautiful south-westerly views, especially when catching that afternoon sun.”