5 Homes Under 100k You Can Buy Right Now

March 14, 2022
affordable homes illowa

*Updated 24 March 2023

Whether you’re a first-home buyer looking to buy your first property or simply looking for your next dream home, start with our list of homes under $100k to get you started.

We’re no stranger to the fact that property prices have been rising across the country. Even with local natural disasters, warring countries and a spike in property volume, the market hasn’t faltered. Those hoping to start the climb on the property ladder are particularly experiencing struggle, with many investors buying up property below the median price points. 

With a $100,000 price tag, you’re looking at a deposit of $20,000—and we’ve got a ton of tips to help you start saving for that deposit too. From daily household habits to finance podcasts you should listen to, budgeting now could go a long way in getting into your dream home.

But first, let’s check out some affordable homes in Victoria and Queensland.

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$12,000 – 165/37 Chinderah Bay Drive, Chinderah, NSW, 2487, Australia

This cabin has seen better days, but calling all renovators and flippers looking for homes under 100k! Here’s an opportunity to bring this riverside dwelling back to life or turn it into a profitable flip. It’s a bargain for those with a vision and the skills to make it happen.

The property features two internal living areas, two bedrooms, and one bathroom. However, it has been affected by flooding, which means you’ll need to start from scratch. But for those with a passion for renovation or flipping, this is a blank canvas just waiting for your creative touch.

So, whether you’re looking to create a cozy riverside retreat for yourself or wanting to turn a profit, this cabin has the potential to become a lovable dwelling once again. Take on the challenge and turn this diamond in the rough into something beautiful!

$30,000 – 7 Duff & 23 Pollock, Merredin, WA, 6415, Australia

We have a three-bedroom, one-bathroom fibro and iron home here that was built in 1925. While it’s certainly seen better days and needs attention, this property sits on a massive 1,057m² block of land, providing plenty of room for a renovation or extension. With the right care and attention, this home could be transformed into a stunning period residence. This property is being offered “as is where is conditions apply,” but with offers from just $30,000, it’s an opportunity that’s hard to pass up.

Our second property is a three-bedroom, one-bathroom fibro and tile home that was built in 1958. This cream home with a red tile roof has a lot of potential, but it’s in need of some tender loving care. Situated on a 992m² block of land, this property has plenty of room for a family to grow or for an investor to capitalize on. Again, this property is being sold “as is where is conditions apply,” but with some TLC, it could be transformed into a beautiful family home.

$42,000 – Site ESS4 Lake Bonney Discovery Park, Barmera, SA, 5345, Australia

The dwelling is a spacious one-bedroom and kitchen combination, complete with a full-length living lounge and diner. There’s an individual bathroom and toilet facility, with the option to use the communal laundry. The property is disability-friendly, with secure ramps and open spaces on the outside. It also boasts reverse cycle air conditioning and insulated walls and ceilings to keep you comfortable all year round.

The property features a lovely decking area with retractable blinds, perfect for entertaining or dining. The pet-friendly fencing allows you to bring your furry friends along for the ride. And with the beautiful Lake Bonney just a stone’s throw away, you’ll never be far from the water’s edge.

The facilities on offer at the caravan park are abundant, allowing you to enjoy an uncomplicated lifestyle with ease. There’s a weekly site fee of just $118 per week, which includes water. At the rear of the property, there’s a garden shed, and at the front, colorful garden beds add a touch of charm. The large carport shelters your vehicle and is adjacent to the dwelling, making it easy to come and go as you please.

$43,000 – 64/125 Avon Terrace, York, WA, 6302, Australia

If you’re looking for an apartment in the heart of town, look no further than this one at Settlers. Zoned for short-term holiday letting, this property offers the perfect opportunity for some extra income. Alternatively, use it as a great, affordable weekender for family and friends.

This property boasts one bedroom, one bathroom, and split system air conditioning to keep you comfortable all year round. The French door access makes it easy to come and go, and the fully furnished interior means you can move in straight away without the hassle of purchasing new furniture.

The location of this property is truly unbeatable. You’ll be able to walk everywhere from here, whether you’re headed to the shops, hotels, cafes, or other amenities in the area. There’s no need to worry about transportation, as everything you need is right at your doorstep.

$45,000 – Site 7/111 Cox Road, Aldinga Beach, SA, 5173, Australia

Our favourite out of the 5 homes under 100k. Here, you’ll find a fully furnished Viscount caravan with an attached insulated annex, featuring two bedrooms, a kitchen, and living and meals areas. While there is no bathroom, the holiday park provides convenient bathroom facilities.

Enjoy the many benefits and facilities of the park, including an inground pool, playground, beach volleyball court, and recreation pavilion. The caravan is fitted with a gas cooktop, a brand-new oven, range hood, microwave, and fridge. Furniture, appliances, linen, cutlery, and crockery are all included.

The annex is fully insulated and features glass sliding doors to the dining area, a sizable carpeted lounge area, and a bedroom with a wall air conditioner. Large windows, all with shade awnings, provide plenty of natural light.

The caravan and annex are located just a short drive from two local beaches and nearby coast/country townships. You can also explore local breweries, distilleries, wineries, cellar doors, coffee shops, and dining experiences.

Looking for more homes under 100k?

Browse our search page to check out some more homes under 100k available right now. But don’t just stop there, download our app to get the full Soho experience. Just remember to shortlist or swipe left on our listings so we can send you others that better match what you’re looking for.

Isabelle de Braux
Isabelle is the Content Lead at Soho. Her dream home has a beachfront and giant kitchen island—possibly in the Byron region. Get in touch to explore content opportunities or just to say hi!
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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.