From the practical offerings of Bourke to the potential-rich properties in Hay, and the sturdy constructions in Walgett, we’ve got you 6 cheap houses for sale in NSW under $200,000!
New South Wales is emerging as a hotspot for affordable real estate, with areas like Bourke, Hay, and Broken Hill leading the charge.
This article takes a no-nonsense look at the best-value properties in NSW, perfect for those on a budget yet unwilling to compromise on potential and quality.
Content Table
| Location | Address | Price |
|---|---|---|
| Bourke, NSW | Mertin Street | $49,000 |
| Hay, NSW | 223 Pine Street | $140,000 |
| Walgett, NSW | Arthur Street, 2832 | $140,000 |
| Broken Hill, NSW | Chapple Lane, 2880 | $172,500 |
| Lightning Ridge, NSW | WLL 16039 Lightning Ridge | $195,000 |
$49,000 – Mertin Street, Bourke, NSW
Median house price in Bourke NSW: $120,000
This house is a fixer-upper with potential, featuring a sturdy concrete foundation and brick walls. Although it has seen better days, it retains a structure that’s conducive to renovation.
Conveniently located, the property is within walking distance of essential amenities like shops, banks, and a post office, making it practical for everyday needs. It is zoned R1, adjacent to a local centre zoning area, which could offer some flexibility in use.
This property is a good opportunity for buyers interested in taking on a renovation project to bring it back to its former state or to reimagine it according to their needs.
Browse more affordable real estate for sale in Bourke NSW.
$140,000 – 223 Pine Street, Hay, NSW
- Median house price in Hay NSW: $250,000
This home, boasting a traditional charm and architectural potential, is currently on the market.
Featuring high ceilings and brick fireplaces in two of the bedrooms, this property offers three bedrooms, a spacious lounge and dining area, a separate kitchen, a large laundry room, and a generously sized bathroom.
The residence is surrounded by lush green lawns, perfect for family activities, and includes a garden shed in the rear yard with access to a local alleyway.
Situated in a prime location, the house is directly opposite Hay war high school and TAFE, with essential amenities like the main street and public pool just a block away, making it an ideal choice for convenience and potential.
Now, a little about Hay: It’s not just a town; it’s an experience. A blend of history, culture, and community vibes, making living or investing here a genuine delight. If you’re either a savvy investor or someone with dreams of creating a bespoke haven, 325 Church Street is your canvas.
Browse more cheap real estate for sale in Hay NSW.
$140,000 – Arthur Street, Walgett, NSW, 2832
- Median house price in Walgett NSW: $122,500
This property is a neat and tidy two-bedroom home situated on a double block with ample space for expansion. It features an open-plan kitchen equipped with a gas stove and pantry, complemented by linoleum flooring.
The bathroom includes a shower and vanity, and there is a separate laundry area with a stainless steel tub. Comfort is ensured year-round with an evaporative air conditioning system ducted throughout the house.
Additional amenities include a fully fenced yard, a cement pathway surrounding the house, a carport accommodating two cars, and a workshop.
The property currently yields a rental return of $200 per week, which translates to a 7.42% annual return on investment.
The surroundings of the home offer a peaceful residential atmosphere, ideal for expanding families or investors looking to capitalize on the spacious land.
The area is well-connected, with the convenience of local amenities and services nearby, enhancing its appeal as a comfortable and strategic investment or residential choice.
Browse more cheap real estate for sale in Walgett NSW.
$172,500 – Chapple Lane, Broken Hill, NSW, 2880
- Median house price in Broken Hill NSW: $185,000
Nestled in the vicinity of Broken Hill’s esteemed high and public schools, 93 Wolfram Street exudes the charm of a miner’s cottage and is one of the cheapest houses for sale in NSW.
This property is a well-maintained 3-bedroom home currently offering a solid investment opportunity with existing tenants. It boasts a range of appealing features, including a fully fenced yard, a deck, courtyard, and ducted air conditioning, ensuring comfort throughout the hot outback summers.
Recently refurbished, the house requires no additional maintenance. It sits on a large 1011 m² block with potential for further subdivision, offering room to build an additional dwelling at the rear.
The surrounding area adds to the property’s appeal, with its close proximity to North Primary School and local grocery shops, making it highly convenient for everyday living. This combination of comfort, convenience, and investment potential makes it an attractive option for both investors and homeowners.
Browse more cheap real estate for sale in Broken Hill NSW.
$195,000 – WLL 16039 Lightning Ridge, Lightning Ridge
- Median house price in Lightning Ridge NSW: $240,000
This well-maintained house offers a practical layout suitable for families or those seeking a straightforward, comfortable lifestyle.
The home includes a functional kitchen, a cozy living room, and bedrooms that efficiently utilize the available space. The finishes are simple yet durable, ensuring easy maintenance.
The property features a modest backyard with basic landscaping, including a lawn area and a few plants, which provides a pleasant space for outdoor activities.
Located in a quiet, residential neighbourhood, the house is close to local amenities such as grocery stores and schools, making daily routines convenient. The area is accessible by public transport, adding to its practical appeal for commuters. This home is a solid choice for those valuing functionality and community living.
Now, a note on Lightning Ridge: It’s not just any NSW neighbourhood; it’s a treasure trove of culture, history, and of course, opals! It’s a community where creativity meets the rugged outback, where the stories are as sparkling as the stones found beneath.
Browse more affordable real estate for sale in Lightning Ridge NSW.
If you’re seeking to buy some real estate in a market poised for growth, NSW’s offerings deserve your attention. Dive in for a straightforward guide to the state’s top property deals.
Additional reading: if you have a slightly bigger budget, check out our round up of NSW houses for sale under $400,000.
More on cheap houses for sale in NSW
Where is the cheapest place to live in NSW?
The cheapest place to live in NSW is Broken Hill. The median house price in Broken Hill is $120,000.
Broken Hill is a mining town in the far west of NSW. It is known for its harsh climate and its unique culture. However, it is also a relatively affordable place to live.
Where is the cheapest place by land in NSW?
The cheapest place by land in NSW is Hay. The median land price in Hay is $25,000.
Hay is a small town on the Murrumbidgee River in the southwest of NSW. It is a popular destination for fishing and camping. Hay is also home to a number of historical buildings.
Check out our guide on buying land in NSW for more information about steps and procedure.
Which state in Australia has the cheapest housing?
The state in Australia with the cheapest housing is Tasmania. The median house price in Tasmania is $350,000.
Tasmania is the smallest state in Australia, but it is also one of the most affordable. The cost of living in Tasmania is significantly lower than in the other states.
Where is the cheapest place to buy a house in western Sydney?
The cheapest place to buy a house in western Sydney is Coonamble. The median house price in Coonamble is $175,000.
Coonamble is a town in the northwest of NSW. It is known for its agricultural produce and its rodeo. Coonamble is also a popular destination for bushwalking and camping.
