10 of the Cheapest Houses in Australia

November 9, 2023

Key takeaways:

  • Currently, the cheapest house in Australia is located in Mooroopna, Queensland.
  • These houses are great as a fixer-upper or investment opportunity.
  • Also check out suburbs like Cobar NSW and Rubyvale QLD.

If a low budget has been keeping you off the property ladder, then our round up of the cheapest houses in Australia will get you inspired.

If you’re discouraged when you see the multimillion dollar homes on those glossy reality shows, here’s a solution: we’re offering you 10 ways to set some roots down right now.

In fact, most of these houses can be bought for less than $100,000, making them cheaper than a Blue Crocodile Hermes Birkin Handbag… or 100,000 avocados. 

And while some of these houses may seem a little neglected, what we see is potential. Buying real estate can take some time, and with a little imagination, you can turn one of these fixer uppers into your dream home. So here are the cheapest houses in Australia you can buy right now.

Additional reading: Check out Soho’s round up of 5 Homes Under 100k You Can Buy Right Now.

Cheapest houses in Australia under $50,000

1. $44,900 – 7 Glass St, Trayning, WA, 6488, Australia (sold)

Located in Trayning, WA, this budget-friendly property offers three comfortable bedrooms complemented by an additional sleep-out.

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. $45,000 – MC 72295, Rubyvale, QLD, 4702, Australia

We’ve got an amazing opportunity for miners at Middle Ridge in the Reward area. With two new recently added new shafts with raised concrete surrounds and lockable lids, as well as new ladders, one of which connects to an existing tunnel.

The claim also comes with a generator, jack hammers, and other equipment. Plus, there’s a liveable shed with storage and a carport for your convenience. Miners will delight in this equipped home to suit your needs.

Click here for more properties for sale in Gracemere QLD.

Cheapest houses in Australia under $65,000

4. $55,000 – WLL 15099, Lightning Ridge, NSW, 2834, Australia

Add your own personal touch and this little country town home can become a charmer. It may be one of the cheapest houses in Australia but the bones are good, with tiled floors and a bedroom with a full wardrobe.

Click here for more properties for sale in Lightning Ridge NSW.

5. $60,000 – 74 Sonoma Street, Collinsville, QLD, 4804, Australia (sold)

This Collinsville home, set on a quarter acre block, offers unbeatable value, given its proximity to amenities like supermarkets, a hospital, and a water park.

While it requires renovation, its potential shines for those looking for a project. With 2 bedrooms, a sleepout, and hardwood features, there’s a spacious backyard perfect for both a shed and pool.

Located in the ‘Heart of the Whitsundays Outback’, enjoy the serene country lifestyle just 85km from Bowen’s beautiful beaches and rivers.

Flood-free and affordably priced, this house awaits an owner’s touch to restore its charm.

Explore more properties for sale in Collinsville QLD.

6. $65,000 – 12 Railway Street, Goroke, VIC, 3412, Australia (sold)

Situated in the scenic township of Goroke, this 1214 sqm property presents a unique opportunity: will you renovate or redevelop?

Zoned for township use, it currently houses a 2-bedroom structure with a kitchen, living area, separate toilet and bathroom, and a spacious sunroom.

Additional amenities include a 6m x 10m carport and shed, complemented by five water tanks.

Explore more properties for sale in Goroke VIC.

7. $65,000 – 17 – 19 Dee River Road, Wowan, QLD, 4702, Australia (sold)

Cheap Houses For Sale in Queensland

Here’s a golden opportunity for home buyers or renovators looking for a project at the right price. This property boasts a vast land area of over 4700 sqm, perfect for those with big dreams.

The house itself offers a spacious main bedroom, two additional rooms adaptable to your needs—perhaps a walk-in wardrobe or an office?

The heart of the home is the open plan kitchen/dining area, equipped with three pantries and ample storage. The charm of this cottage lies in its heritage features, such as the original sash windows and VJ boards, evoking a nostalgic aura.

Explore more cheap real estate for sale in Wowan.

Cheapest houses in Australia under $100,000

8. $69,000 – Lot 72 Thompson Court, Andamooka, SA, 5722, Australia

Seeking an affordable property in South Australia? Explore this 3-bedroom house, perfect for first home buyers or those thinking of investing.

Located on a spacious fenced block, each bedroom comes with built-in robes, with the main offering an ensuite. Enjoy the separate kitchen and cozy lounge/dining 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.

9. Under $100,000 – 21 High Street, Wallumbilla, QLD, 4428, Australia (sold)

cheapest houses australia wallumbilla qld

Are you a fan of fixer-upper projects? Look no further! This ready-for-renovation home is priced to sell, brimming with potential.

Showcasing polished timber floors and French doors with vibrant stained glass, it promises natural light and a burst of color. The three-bedroom property, with the main bedroom at the front, boasts a southern-facing entry and screened veranda.

Its spacious living area is central to the home’s design. Located on a vast 2,023m² corner block stretching from High Street to Russell Street, the possibilities are endless.

If you’re wondering where you can buy a home for $100k, you can keep Wallumbilla QLD in your interested areas when you set up your match profile on Soho.

Click here for more properties for sale in Wallumbilla QLD.

10. Under $100,000 – 4 Blake Street, Collinsville, QLD, 4804, Australia

cheapest houses australia collinsville qld

For Sale: A historic gem, formerly the St Peters Anglican Church, spanning 1,451m2 in Collinsville. This property, exuding charm from a bygone era, invites serious offers.

Perfect for history and renovation enthusiasts, this blank canvas teems with potential.

Other features include an outdoor toilet, garden shed, expansive timber deck, partial fencing, timber stumps, and a sturdy color bond iron roof. A world of possibilities awaits the imaginative buyer.

Click here for more properties for sale in Wallumbilla QLD.

How to find the cheapest houses in Australia

Finding Homes under $100,000 in NSW

While urban centers like Sydney offer limited options, regions such as Broken Hill and Wellington provide affordable homes that often fall below the $100,000 mark, offering a blend of country charm and community warmth.

Opportunities with Abandoned Properties

Abandoned properties in areas like Zeehan in Tasmania or Peterborough in South Australia offer investment opportunities at minimal costs. They are ripe for transformation and can yield significant value post-renovation.

Queensland’s Hidden Affordable Gems

The quest for affordability in Queensland leads to locales like Mount Morgan and Granville, where historic homes and potential investment properties are available without the hefty price tag of coastal cities.

Government Housing Sales as Affordable Avenues

Government housing sales in regions like Morwell and Moe in Victoria present viable options for budget-conscious buyers, with the potential for revamping properties into modern homes.

Affordable Properties in WA and VIC

Remote areas such as St Arnaud in Victoria and Dimboola in Western Australia offer properties under $50,000, catering to those looking for a rural lifestyle or seeking a renovation project.

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.

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.

Which state has the cheapest houses to buy in Australia?

When it comes to which state has the cheapest property to buy in Australia, it’s hard to give a definitive answer. Each state and territory has its own housing market with varying prices and demand.

Generally speaking, some of the more affordable states include South Australia, Tasmania, and parts of regional New South Wales.

Which is the cheapest state to buy a house?

If you’re looking for the absolute cheapest state to buy a house, then Tasmania might be your best bet. While some areas in Tasmania, like Hobart, have seen a rise in housing prices in recent years, the overall cost of living is still relatively low compared to other parts of Australia.

You can find cheap houses in Tasmania in Rosebery or browse cheap bush land for sale in Tasmania and construct an entirely new house of your own.

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.

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Our AI match engine will match you with over 150,000+ properties and you can swipe away or shortlist easily. Making your home buying journey faster and easier.