*updated 21 Feb ,2024
Finding your dream home in Gold Coast doesn’t have to break the bank. With the current median house price hovering around $945,000, savvy buyers are on the lookout for cheap houses for sale in Gold Coast that offer both value and quality.
Whether you’re a first-time buyer or an investor seeking real estate investment opportunities in Gold Coast, there are hidden gems in the market waiting to be discovered.
Affordable Gold Coast Real Estate
The quest for affordable Gold Coast real estate can be tough. But don’t worry. We’ve scoured the market and found eight incredible cheap houses for sale in Gold Coast, all priced at under $500,000.
Yes, you read that right – you can still find affordable homes in this highly coveted location. Whether it’s cheap rentals in Gold Coast or affordable real estate, we’ll find the right home for you.
However, areas like South Stradbroke and Ormeau are treasure troves of budget homes in Gold Coast, with listings often appearing at almost half the median price.
Cheap houses for sale in Gold Coast under $300,000
$190,000 – VILLA Doeblin Drive, Couran Cove Resort, South Stradbroke, QLD
- Size: 4 bedroom, 2 bathroom
- Suburb median house price: $262,500
Instead of giving your money away to cheap long term rentals in Gold Coast, why not contribute to a home of your own?
This large two-story villa presents a unique opportunity for those looking to buy into the property market at an affordable price.
Nestled in a picturesque island resort, this property offers the perfect escape from the hustle and bustle, while still being in close proximity to the Gold Coast’s vibrant lifestyle. With four bedrooms, two bathrooms, and two large living areas, it’s the ideal investment for families or investors looking to secure a property with growth potential.
Its location ensures easy access to amenities and is a short distance from popular areas like Southport and Paradise Point, making it an attractive option for those prioritizing convenience and lifestyle.
Amenities include:
- Fully furnished with a fully equipped kitchen
- Ample storage space
- Potential for off-grid living with solar panels and water storage tanks
- Access to resort facilities including a marina and swimming pools (subject to restoration)
- Close proximity to the Gold Coast, offering a range of shopping centres, schools, and hospitals
- Body Corporate actively working on infrastructure improvements, enhancing future property value
Cheap waterfront Gold Coast homes are hard to come by; snap this one up while you can!
Check out other houses for sale in South Stradbroke QLD.
$95,000 – ECO Cabin Large Couran Cove Resort, South Stradbroke, QLD
- Size: 2 bedroom, 2 bathroom
- Suburb median house price: $262,500
At under $300,000, this is a contender for one of the cheapest houses for sale in Australia.
Nestled amidst the natural beauty of Couran Cove Island, this 2.5 bedroom, 2 bathroom eco cabin offers a unique escape at an attractive price point.
While currently off-grid, the dedicated Body Corporate is actively working on restoring infrastructure and amenities, making it an ideal opportunity for budget-minded buyers seeking an island paradise.
Key features:
- Fully furnished: Move in ready with everything you need.
- Spacious living: Two large living areas provide ample room to relax and entertain.
- Efficient layout: 2.5 bedrooms and 2 bathrooms offer comfortable living for individuals or couples.
- Potential for off-grid living: Explore alternative solutions like solar, battery, and water filtration systems.
- Strong community: Body Corporate actively works to improve the island’s infrastructure and amenities.
Please note:
- Photos are examples only. Specific cabin photos will be provided upon inspection.
- Island infrastructure is currently undergoing restoration.
- Legal disputes are ongoing, but progress is being made.
Check out other houses for sale in South Stradbroke QLD.
Cheap houses for sale in Gold Coast under $500,000
$465,000 – 71 Price Street, Nerang, QLD, 4211
- Size: 2 bedroom, 1 bathroom
- Suburb median house price: $760,000
This 2-bedroom townhouse in Nerang presents a compelling opportunity for investors and first-home buyers seeking an affordable entry point in the Gold Coast market.
Location:
- Situated in the heart of Nerang, offering convenient access to shops, cinemas,and public transport (Nerang station 1.6km away).
- Nerang boasts a growing property market with a median house price below the broader Gold Coast average.
Features:
- 2 bedrooms suitable for individuals, couples, or small families.
- Modern living space with potential for personalization.
- Vacant possession allows for immediate move-in and customization.
Considerations:
- The property is priced below the median house price, offering potential value for investors.
- Nerang is experiencing growth, suggesting potential for future appreciation.
- Direct access to the thriving Gold Coast and its amenities.
This townhouse presents a solid option for those seeking an affordable entry point in a growing Gold Coast suburb. Its convenient location, modern design, and vacant possession make it worth considering for both investors and first-time buyers.
Check out other houses for sale in Nerang QLD.
$429,000 – 5/45 Harley Street, Labrador, QLD, 4215, Australia
- Size: 3 bedroom, 1 bathroom
- Suburb median house price: $600,000
This charming 2-bedroom home in a quiet, friendly park offers affordable living for those over 50. Enjoy an open-plan layout, generous natural light, and practical updates made by the original owner.
Highlights:
- Well-maintained and move-in ready
- Open-plan living area
- Great natural light
- One-owner home with practical updates
Community Amenities:
- Outdoor bowling green
- Landscaped swimming pool with entry ramp
- Recreation hall with dance floor and kitchen
- Drop-off jetty and memorial rotunda
Additional Information:
- Site fees (land lease) cover water charges, making bills predictable.
- No council rates, entry/exit fees, or stamp duty.
- Active community with optional participation.
Open House: February 24, Saturday, 2 pm – 2:45 pm. Don’t miss your chance to see this lovely home!
Check out other houses for sale in Labrador QLD.
$479,000 – 19/20 Fortune Street, Coomera, QLD, 4209
- Size: 3 bedroom, 1 bathroom
- Suburb median house price: $746,250
This charming low-set townhouse offers a unique opportunity for investors seeking a well-maintained property with long-term potential. Owned by the same family for over 23 years, this home blends classic charm with modern updates, boasting features like:
Highlights:
- Rent-back option: Current owners seek to maintain connection to the space.
- Rental appraisal: $585-$600 per week, promising strong return on investment.
- Renovated kitchen: Stone benchtops, glass splashback, modern appliances.
- Bamboo flooring: Throughout living areas, adding warmth and style.
- 3 bedrooms: All with built-in robes, fans, and hybrid flooring.
- Large backyard: Fenced and perfect for outdoor entertaining.
- 10kw solar panel system: Reduces energy costs and promotes sustainability.
- Prime location: Easy access to schools, shops, parks, and recreation.
- Low Body Corporate fees: Around $46 per week, covering maintenance and insurance.
Ideal for:
- Investors seeking a stable and profitable rental property.
- Those who appreciate quality craftsmanship and thoughtful design.
- Buyers interested in a thriving Coomera location with excellent amenities.
Don’t miss this chance to own a piece of Coomera’s growing property market!
Check out other houses for sale in Coomera QLD.
$459,000 – $499,000 – 70/32 Riverview Road, Nerang, QLD, 4211
- Size: 3 bedroom, 2 bathroom
- Suburb median house price: $760,000
This 3-bedroom, 2.5-bathroom townhouse in Riverview Gardens, Nerang, offers a compelling investment opportunity with its spacious layout, prime location, and strong rental income.
Highlights:
- Sought-after complex: Gated community with CCTV, pool, gardens, and visitor parking.
- High rental return: Currently leased for $630/week, generating excellent cash flow.
- Large layout: Open-plan living, 3 bedrooms with built-ins, separate storage room,and extra-long driveway.
- Convenient location: 5 minutes to train station, shops, and M1 motorway access.
- Growth potential: Close to beaches, golf courses, universities, and Robina Town Centre.
Amenities:
- Sparkling swimming pool
- Lush gardens
- Onsite property management
- CCTV surveillance
- Open lawn areas
- Visitor parking
Ideal for:
- Investors seeking strong rental income and capital growth potential.
- Families appreciating a secure and convenient location.
Check out other houses for sale in Nerang QLD.
$499,000 – 55/138 Hansford Road, Coombabah, QLD, 4216
- Size: 2 bedroom, 1 bathroom
- Suburb median house price: $650,000
This single-level villa offers a relaxed lifestyle in a sought-after Coombabah location, backing onto parkland and just steps from the Coombabah Esplanade. Perfect for families or retirees, it boasts:
Highlights:
- Peaceful parkside location with walking trails at your doorstep.
- Spacious open-plan living with air conditioning for comfort.
- Undercover alfresco area ideal for outdoor entertaining.
- Private backyard backing onto nature reserve.
- Pet-friendly complex with resort-style pool, tennis court, and onsite management.
Additional features:
- 2 bedrooms with built-in wardrobes
- Kitchen with dishwasher and ample storage
- Single garage with additional parking space
- Solar panel system for energy efficiency
- Convenient access to public transport, schools, shopping centers, and Paradise Point.
Check out other houses for sale in Coombabah QLD.
$449,000 – 58/70 Hansford Road, Coombabah, QLD.
- Size: 2 bedroom, 1 bathroom
- Suburb median house price: $650,000
This charming 2-bedroom home offers affordable living for those aged 50+, perfect for enjoying a relaxed lifestyle in a friendly community. Owned for 26 years, it’s ready for your personal touch or move-in as is.
Highlights:
- Open-plan living area for easy entertaining and socializing.
- Spacious kitchen with ample bench space and cupboards.
- Generous bedrooms with built-in wardrobes and ceiling fans.
- Separate laundry with additional toilet for convenience.
- Access to impressive heated swimming pool, spa, and bushland setting.
Community Amenities:
- Outdoor bowling green
- Resident’s workshop
- Car wash bay
- Meeting room and clubhouse
- Friendly on-site management
Additional Information:
- Land lease arrangement: Affordable living with no council rates or stamp duty.
- Pet-friendly (upon approval).
- Utilities managed on-site: Water and electricity charges typically lower than elsewhere.
- Potential for rental assistance rebate.
Check out other houses for sale in Coombabah QLD 4216.
Note: Even if a property on the list gets sold, at least you know that more properties around that price will come to market.
For instance, South Stradbroke and Ormeau had plenty of affordable houses. Set up your match profile on Soho and we’ll send you the properties as soon as they are listed
Tips for Buying Homes in Gold Coast
- Research Gold Coast Property Listings: Start with a comprehensive search for property market Gold Coast 2023 to get an idea of current trends and prices.
- Consider Financing Homes in Gold Coast: Explore your options for mortgages and loans early on. Understanding your financing options can significantly impact your purchasing power.
- Look into Gold Coast Suburbs with Cheap Houses: Don’t limit your search to the city center. Expand your horizon to suburbs where affordable family homes in Gold Coast suburbs are more common.
- Gold Coast Real Estate Market Trends: Keeping an eye on Gold Coast real estate market trends will help you make an informed decision, ensuring you invest in a property that’s likely to appreciate over time.
Some FAQs on finding cheap houses for sale in Gold Coast
Are house prices falling on Gold Coast?
The shifting Queensland market has many wondering if Gold Coast prices will drop. As with any property market, house prices on the Gold Coast can be subject to fluctuations. It looks like Gold Coast house prices rose by 0.36% last month, but that is much less than unit prices, which increased to 3.96%.
It shows that there is a lot more growth in apartments, or rather, more affordable dwellings over the more expensive property type, houses.
How much does a house cost in Gold Coast?
The median house price in Gold Coast is currently around $945,000. However, there are some cheaper options available for those looking to purchase a home in the area.
Suburbs like South Stradbroke have a median house prices that’s below $300,000. Or Nambour, where the median dwelling price is $680,000, is still well below the region median.
What are the cheap coastal towns near Gold Coast?
Some of the cheap coastal towns near Gold Coast include Southport, Labrador, and Coombabah, among others.
Is it cheap to live on the Gold Coast?
The cost of living on the Gold Coast can vary depending on a number of factors, such as location, lifestyle choices, and personal expenses. While it may not be the cheapest place to live in Australia, there are certainly affordable options available for those on a budget.
