While Sydney house prices have grown 11.2 per cent this year, there remains plenty of suburbs where buyers can get into the market on the cheaper side.
The Daily Telegraph has found some of the cheapest homes currently advertised on realestate.com.au with a price guide across Sydney and NSW.
Some of the properties are so cheap, that buyers could get into the market for as little as $11,000 with a 20 per cent deposit.
Price guide: $395,000-$400,000
For buyers looking for a home with a backyard, this two-bedroom townhouse in North St Marys is hard to go past.
Listed with Raine & Horne — St Marys Jack Turner, homebuyers would need just a $79,000 down payment to avoid lenders mortgage insurance (LMI).
Features include a 41sqm courtyard, airconditioning, a single car garage and a tidy interiors. The townhouse is listed via a private treaty.
Price guide: $440,000-$460,000
Within walking distance to shops and near the train line, this two-bedroom villa on 175sqm in Macquarie Fields is another property perfect for the budget conscious buyer.
The property has wooden floorboards, a modern kitchen with dishwasher, ceiling fans and a grassed backyard with established gardens.
It is being offered to buyers via private treaty with a guide through OpenHome’s Sadik Karim. A 20 per cent deposit for this property is $88,000 and first homebuyers would be exempt from stamp duty.
Price guide: $460,000-$480,000
It is hard to go past this three-bedroom house in Airds on 453sqm if a freestanding house is more for you. The three-bedroom house on a corner block has a tidy bathroom, front veranda, ceiling fans and carpet throughout.
The auction will be held tomorrow with Ray White Macarthur’s Julie Latham. A 20 per cent deposit for this property is $92,000.
Price guide: $58,000
This two-bedroom house in Broken Hill might just be the cheapest freestanding house for sale in NSW. With a guide of just $58,000, a homebuyer would need to stump up just $11,000 with a 20 per cent down payment.
Although, buyers might want to be handy on the tools with the Wilson Street house advertised as a “renovator’s delight” through LJ Hooker’s Jim Hickey.
The house has carpet torn up in some rooms, while the walls are dirty in others. The kitchen and bathroom also need significant work.
Price guide: $80,000
Located at the intersection of the Barrier Highway and the Cobb Highway is the town of Wilcannia — two hours east of Broken Hill. In the town is what could be cheapest house on over 1000sqm advertised on realestate.com.au.
The renovated house has an original cypress pine structure, airconditioning, off-peak electricity and a rainwater tank. There is also tall trees on the property that provide shade from midday onwards in summer.
Buyers looking to put down a 20 per cent down payment will need to pay $16,000 upfront.