The best renovated homes for sale nationally for under $500,000

By
Emily Power
October 16, 2023

In property parlance, these properties are known as “turn-key homes” – ready to move into. And these examples, on the market, are all under an affordable $500,000.

Houses and apartments not requiring any major work have been highly desirable in an environment in which the cost of trades and materials have gone up, hand-in-hand with interest rate rises.

We have browsed the market for the best renovated homes for sale around Australia, listed for under $500,000, which is less than half the national median house price.

Check them out and click through to the listings to see the prices.

SOLD - $395,000
64 Thomas Street, Benalla VIC 3672
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The Benalla house has lots of storage, a shed, polished floorboards and modern appliances and is close to sporting facilities and the local lake.

A luxury touch is the freestanding soaking tub.

SOLD - $499,000
1/32-34 Munn Street, Merimbula NSW 2548
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The ground floor unit overlooks a saltwater swimming pool, shared among residents.

A sun-filled patio comes with the home, or if you fancy taking coffee instead at a cafe, there a lots of those nearby, too.

SOLD - $484,000
3 Bagley Street, West Mackay QLD 4740
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The cottage has the bonus of an in-ground swimming pool and French doors connecting to an outdoor deck.

It has been updated in the classical style of a Queenslander.

SOLD - $490,000
1 Stewart Street, Walkerston QLD 4751
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The double-storey home stands handsomely on a large 1100-square-metre block.

New elements in the recent reno includes floor coverings, kitchen, bathroom, fans and lights.

SOLD - $490,000
58 Shirley Place, Kings Meadows TAS 7249
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With a fresh, inviting and neutral colour scheme, sunlight bounces of this home’s walls.

Families will like the location, near primary and secondary schools, including several state and independent options.

SOLD - $445,000
62 Wenvoe Street, Devonport TAS 7310
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The weatherboard was built in 1939 and the owners were sympathetic to the era in the renovation, retaining fireplace, picture rails and wide skirting boards, the listing says.

The updated bathroom has chic matte black accents, to speak to the new era.

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