6 Properties Under $200k On Sale Right Now

March 30, 2022

*Updated 27 February 2023

We all love a good bargain, and when it’s comes to properties under 200k, we’re definitely getting a good deal.

The beautiful thing about homes under $200k is that you’re saving on money that can be spent on flipping houses. Throughout Australia, we’re hearing about couples and families taking old, dilapidated houses and turning them into these beautiful, cosy homes. Even some of the most popular shows revolve around home renovation and improvement, like The Block and Fixer Upper.

So ideally, that inspires you to take a closer look at these properties. Investing in a cheaper home can not only help you get on the property ladder sooner, but it also offers more opportunity for home appreciation.

Are you convinced yet? Check out these 6 homes under $200,000 to get the process started.

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$200,000 – 2 Murray Avenue, Red Cliffs, VIC, 3496, Australia

properties under 200k
Property for sale in Red Cliffs VIC

Say goodbye to paying someone else’s mortgage and start owning your own home with this charming weatherboard cottage. Investors will also love the current rental appraisal of $260 – $280 per week.

Inside, enjoy the bright living area with a lovely bay window and an updated eat-in kitchen. Most of the home features laminate flooring, electric cooking, evaporative cooling and split system units.

The fully fenced yard with double gates includes a large shed of approximately 6x9m. Situated on a block of just under 600 square metres, this property is conveniently located around the corner from the local primary school.

Check out more properties for sale in Red Cliffs VIC.

$39,950 – 32 Sharrock Street, Murrayville, VIC, 3512, Australia

properties under 200k
Property for sale in Murrayville VIC

Looking for a unique property to call your own? Look no further! This former St Theresa’s Catholic Church is on sale for under $50,000!

Built in 1938, exudes the charm of yesteryear with beautiful floorboards, soaring cathedral ceilings, original confessional booth, and sensational leadlight windows. It sits on a block of approximately 1,252sqm, surrounded by lovely established trees and shrubs.

The property also includes an external toilet and shower facility and a statue of St Theresa in the entry. Don’t miss out on this appealing piece of history!

Check out more properties for sale in Murrayville VIC.

$45,000 – 97/20 Childers Road, Branyan, QLD, 4670, Australia

properties under 200k
House for sale in Branyan QLD

This permanent site caravan with a large annexe is located on the outskirts of town and is just a 3 minute drive from shops, sports club and the airport.

The caravan includes 2 beds, a kitchen in the annexe, and a bathroom. The front yard is fenced with a gate, and there is room for a carport with management permission.

The Van Park is dog-friendly and has a large pool. With a weekly rate of $175, this is an inexpensive option for pensioners and those looking for cheap living.

Here are more properties in Branyan QLD.

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

properties under 200k
House for sale in Barmera SA

A cozy and peaceful permanent or holiday retreat for a single or couple in Lake Bonney Discovery Caravan Park.

The abode includes a bedroom, kitchen, full length living lounge/diner, bathroom, and pet-friendly outdoor decking. Reverse cycle air-conditioning, insulated walls and ceilings make for comfortable living.

Weekly site fee of $118 per week includes water. Located within a stone throw to the beach of Lake Bonney which makes it ideal for fishing, kayaking or relaxation.

Check out more properties for sale in Barmera SA.

$199,000 – 10/26 Bourke Street, Blacks Beach, QLD, 4740, Australia

properties under 200k
House for sale in Blacks Beach QLD

This gem is located in the Comfort Resort Blue Pacific in Blacks Beach, just steps from the beach, and it’s a great investment opportunity. Both units are currently rented out for $230 and $235 per week and tenants are happy to stay until 2024.

You can also use it as a holiday retreat or put it in the holiday letting pool for extra income. Inside, the property features a cosy, beachy decor with a studio-style living space, sea breezes, and air conditioning. Covered carport parking is conveniently located outside the front door.

More properties for sale in Blacks Beach QLD here.

$199,000 – 12/50 Kingston Avenue, West Perth, WA, 6005, Australia

properties under 200k
Apartment for sale in West Perth

Don’t miss out on this incredible opportunity to own a ground floor studio apartment in a secure building in a prestigious location at an unbeatable price. This is your chance to live in the beating heart of the city without breaking the bank.

Just a short walk to the free transit zone and Perth City Bus Port, with cafes in Leederville and West Perth, and Beatty Park for pool and gym also close by.

The apartment boasts a renovated kitchen and bathroom, as well as a cleverly designed walk-in robe. With the current tenant soon to vacate, this is an ideal property for owner occupiers and investors looking for a top yield.

More properties for sale in West Perth WA here.

Wanna get into your dream home faster?

Download the soho app. With the app, you can contact agents quicker, browse through your property matches and ultimately find your dream home even sooner. We are finding you homes we think you’ll love, so don’t forget to shortlist or swipe left on our listings so we can send you others that better match what you’re looking for.

And if you liked this article on properties under 200k, don’t forget to check more on our news and stories page!

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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