Looking for your next property? We’ve curated a list of the 10 cheapest houses houses in Australia, from quaint rural towns to suburban gems, all priced under $100,000.
And if some of these properties are no longer available, fret not, just add the suburb to your interested areas on Soho and get alerted when new listings come to market!
So here are the cheapest houses in Australia you can buy right now based on your budget.
What Are the Cheapest Houses in Australia Under $50,000?
1. $44,900 – 7 Glass St, Trayning, WA, 6488, Australia – Sold
Located in Trayning, Western Australia, this budget-friendly property offers three comfortable bedrooms complemented by an additional sleep-out.
With a median house price in the area far below the national average, this property exemplifies the affordable housing options available in regional areas like Trayning.
The residence boasts a single bathroom and also features a separate outdoor laundry and bathroom area for added convenience.
Outside, there’s a spacious 1012m² plot accompanied by a convenient carport. Utilities such as electricity and water are included.
Click here for more properties for sale in Trayning WA.
2. $49,000 – 1 Howard Street, Burrum Heads, QLD, 4659, Australia
This has got to be our favourite house on the list. It’s even a decent contender the cheapest house in the world.
Burrum Heads is a small coastal town and locality in the Fraser Coast Region, Queensland. It is about 20 minutes drive from Hervey Bay.
The town is situated on the Burrum River, which meets the Coral Sea. It is a popular tourist destination, known for its fishing, boating, and swimming. Keep this suburb in mind when you’re searching for houses for sale for under $150,000 near the beach.
This tranquil waterfront caravan park at Burrum Heads, just north of Hervey Bay on the Fraser Coast of Queensland, is an amazing place to call home.
Click here for more properties for sale in Burrum Heads QLD.
Lusting after coastal living? Check out our round up of the cheapest beach towns in Australia.
3. $35,000 – MC4529 Sultana Hill, Rubyvale, QLD, 4702, Australia
This unique mining claim in Rubyvale offers an off-grid, cabin-style living experience for just $35,000. The property features a cosy, open-plan kitchen, lounge, and bedroom area, warmed by a central pot belly stove.
The screened-in porch provides a tranquil spot to enjoy the natural surroundings, while the bathroom, located outside the main cabin, adds to the rustic charm.
The property includes essential mining equipment and boasts incredible views from the top of the hill. Ideal for those looking to explore or simply enjoy the peacefulness of the outback, this property represents an affordable slice of Australia’s rural lifestyle.
Click here for more properties for sale in Gracemere QLD.
Where Can You Find the Cheapest Houses in Australia Under $80,000?
4. $70,000 – 27 Second Street, Pekina, SA
This partially renovated stone cottage in the picturesque town of Pekina, South Australia, is an excellent choice for those searching for affordable housing. With a median house price significantly lower than in other regions, Pekina stands out as one of the cheapest suburbs in South Australia.
Situated on approximately 2006 sqm of land, the cottage retains some of its original features and has electricity connected. With plenty of room to expand and customize, this property offers a chance to design a space that meets your needs.
Located just 13 km south of Orroroo in the Southern Flinders Ranges, this affordable property provides an excellent gateway to the Northern Flinders Ranges, ideal for those seeking a peaceful rural lifestyle.
Discover more cheap properties for sale in Pekina SA 5431.
5. $75,000 – 81 Angove Street, Norseman, WA
This four-bedroom home in the thriving town of Norseman offers a unique opportunity for those with a vision to restore it to its former glory.
Located on a spacious 1012 sqm corner block, the property features a large living/dining/kitchen area with a cozy wood fire heater and a stylish white kitchen. Some renovations have already been started, including laminate flooring in the bedrooms and a new shower.
The expansive backyard is a blank canvas, ready for your creative touch. With a patio for outdoor relaxation and wide gate access, this home is well-suited for someone looking to capitalize on Norseman’s growing mining and tourism industries.
Explore more properties for sale in Norseman WA 6443.
6. $75,000 – 66 Phillips Street, Beulah, VIC
This one-bedroom home in Beulah presents a unique opportunity for those willing to put in some work. While the property has been unoccupied for several years and requires a thorough cleaning, it has the potential to become a comfortable residence.
The home features a front lounge area, a double bedroom, a kitchen, and a basic bathroom with a shower and toilet. The front of the building is brick, while the back section is corrugated iron, all set on a concrete slab.
Some minor damage occurred due to a fire in the neighboring building, but with some care, this property could be restored and transformed into a cozy home.
Explore more cheap real estate for sale in Beulah VIC 3395.
7. $80,000– Lot 691 Wogg Street, Andamooka, SA
This neat and tidy 3-bedroom home in Andamooka offers a great opportunity for an affordable living option. The property features an open-plan living, dining, and updated kitchen area, creating a welcoming space for everyday life.
Down the hall, you’ll find a spacious bathroom with laundry facilities, three well-sized bedrooms, and a separate toilet.
The home also includes an undercover entertaining area at the back, perfect for enjoying outdoor gatherings. With a fully fenced yard and a convenient location, this property is a must-see for those looking to settle in the area.
If you’re looking for a tree-change, you can explore cheap country houses for sale in South Australia and check out these more affordable suburbs and towns.
Click here for more properties for sale in Andamooka SA.
Which Are the Cheapest Houses in Australia Under $100,000?
8. $85,000– WLL16165 Lightning Ridge, Lightning Ridge, NSW.
Lightning Ridge, located in northwest New South Wales, is well-known as the opal capital of Australia. With a median house price far below the national average, this small outback town offers one of the cheapest housing options in New South Wales.
Lightning Ridge is one of the most affordable places to live in Australia. The median house price in Lightning Ridge is currently around $55,000, which is significantly lower than the national median of $485,000.
This makes Lightning Ridge an attractive option for people who are looking for a cheap place to buy a home.
This house in Lightning Ridge features one bedroom, a spacious kitchen with a wood stove, and a large living room. Amenities include solar panels, a caravan, a bathroom with a full shower, built-in hallway cupboards, a lock-up garage with remote control, a double garage with storage, and a wood shed.
If you’re wondering where you can buy a home for $100k, you can keep Lightning Ridge NSW in your interested areas when you set up your match profile on Soho.
Click here for more properties for sale in Lightning Ridge, NSW.
9. $95,000– 33-35 Moore Street, Dirranbandi, QLD – Sold
This three-bedroom home in Dirranbandi offers a spacious layout on a large 1480 sqm block. The property features a large lounge, a well-sized kitchen with plenty of bench and cupboard space, and a closed-in veranda that can serve as a sleepout or additional living area.
Downstairs, you’ll find a laundry, a storage room that could be used as an extra bedroom, and a BBQ area perfect for outdoor gatherings.
The property also includes fruit trees and a large car shed/workshop, making it an ideal option for those looking for space and versatility in a quiet, rural setting.
Click here for more properties for sale in Dirranbandi QLD 4486.
10. $99,000 – 22 Beard Street, Mount Isa, QLD – Sold
This 3-bedroom, 1-bathroom home is a perfect fixer-upper. It has wooden floorboards and ceiling fans throughout. The kitchen space is framed, ready for a new design.
The bathroom includes an intact shower. The yard is large and offers plenty of space for outdoor ideas. Ideal for those looking to add their own touch.
This is your chance to renovate and create something special. The property is set on a generous 809 m² block, providing ample room for extensions or outdoor projects.
Great potential for DIY enthusiasts or first-time renovators. Don’t miss this opportunity to make it yours!
Explore more properties for sale in Mount Isa QLD 4825.
Conclusion:
The 2024 housing market in Australia offers remarkable opportunities for budget-conscious buyers, with affordable homes available across South Australia, Western Australia, and New South Wales.
Whether you’re looking for the cheapest suburbs or affordable housing in regional areas, there’s something for everyone.
Additional reading: Check out Soho’s round up of 5 Homes Under 100k You Can Buy Right Now.
How to find the cheapest houses in Australia?
How Can You Find the Cheapest Houses in Australia?
- Finding Homes Under $100,000 in NSW: Explore affordable regions like Broken Hill and Wellington for cheap homes under $100K.
- Opportunities with Abandoned Properties: Discover investment opportunities with abandoned properties in areas like Zeehan, Tasmania.
- Queensland’s Hidden Affordable Gems: Look for budget-friendly homes in locales like Mount Morgan and Granville.
- Government Housing Sales: Consider government housing sales in regions like Morwell and Moe, Victoria for affordable options.
- Affordable Properties in WA and VIC: Find rural properties under $50,000 in areas like St Arnaud, VIC and Dimboola, WA.
Finding Cheap Homes in NSW
Charming old homes are nestled in towns like Goulburn and Maitland in NSW, where history is preserved in architecture, offering a unique living experience that modern homes cannot replicate.
Beyond the Sydney property bubble, towns like Forbes and Parkes offer some of the most affordable real estate, where community ties are strong and the potential for personalizing a property is vast.
Affordable coastal living in NSW can be found in places like Tuncurry and Eden, where the seaside ambiance blends with the appeal of lower-cost properties, particularly attractive for those seeking a serene retirement or holiday homes.
Australia’s Most Affordable Property Markets
The search for affordability stretches to locales like Queenstown in Tasmania and Murchison in Western Australia, where the property prices are among the lowest, ideal for first-time buyers or investors.
Securing Inexpensive Homes in Australia
Uncovering homes under $50k is possible in places like Rosebery in Tasmania or Merredin in Western Australia, where the promise of a home comes with the excitement of rural living and the opportunity to craft a space uniquely your own.
Where is housing cheapest in Australia?
To answer your first question, the cheapest housing in Australia can be found in regional areas or smaller towns outside of major cities. When writing this article, regional areas of South Australia and Western Australia offer some of the most affordable living.
If you want to live closer to the hustle and bustle, check out our guide on the most affordable city in Australia as well.
These areas often have lower living costs and less demand for housing, which drives down prices. Of course, there are exceptions to this rule, and it’s always important to research the local housing market before making any big decisions.
FAQs on Cheapest Houses in Australia
Where is the cheapest place to buy a house in Australia?
The cheapest places to buy houses in Australia are in regional and rural areas. Suburbs like Coober Pedy in South Australia, Kambalda East in Western Australia, and Kellerberrin in WA top the list for affordability.
Which state in Australia has the cheapest houses?
Western Australia is known for having some of the cheapest houses in the country, especially in rural and regional areas. South Australia and Queensland also have affordable options.
Where is the cheapest but nicest place to live in Australia?
The Gold Coast is a popular choice for affordable yet pleasant living. It offers a mix of stunning beaches, vibrant nightlife, and excellent academic institutions.
Which city in Australia has affordable housing?
Adelaide is one of the most affordable cities in Australia. The cost of living, including rent and daily expenses, is significantly lower compared to Sydney and Melbourne.
Where is best to buy a house in Australia?
Some popular places for homebuyers include the capital cities of Melbourne, Sydney, Brisbane, Adelaide and Perth, but there are plenty of great options in regional areas as well.
What is the cheapest capital city in Australia?
If you’re on a tight budget, you might be wondering what the cheapest capital city in Australia is. At the moment, that title goes to Darwin in Northern Territory. According to Corelogic’s Housing Value Index released on 31st January 2023, Darwin has the lowest median housing value at $500,228.
Is it cheaper to build or buy a house in Australia?
Finally, the question of whether it’s cheaper to build or buy a house in Australia is a complex one. The answer depends on a variety of factors, including the location, size, and style of the home, as well as the cost of materials and labor. But, if you really need a number, expect to spend around $480,000 on a new build.
Sources: Data compiled from soho.com.au real estate listings as of 09/12/2024.
