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Home › Feature › Top 12 Cheapest Homes in Australia in 2026
Buying a home in Australia feels out of reach for many people. Median house prices in capital cities are now well above $700,000, according to the Australian Bureau of Statistics and CoreLogic data. That makes the idea of buying property for under $100,000 seem almost impossible. Yet across regional and remote Australia, there are still cheap houses in Australia listed from as low as $35,000 to $100,000.
These are not luxury homes in beachside suburbs. Most are older properties in small country towns. Some need major repairs. Others are basic but liveable. Many sit on large blocks of land in remote communities where demand is lower. For bargain hunters, first home buyers with flexibility, or investors chasing ultra low entry prices, these cheapest homes Australia list examples show what is still possible in 2026.
Key Takeaways • Australia’s cheapest homes are typically located in regional and remote towns across NSW, QLD, SA, TAS and WA. • Entry prices can start from around $30,000 to $100,000, though properties at the lower end usually require significant repairs or renovation. • Most ultra-cheap homes are older houses on large blocks in low-population areas with limited employment opportunities and infrastructure. • Buyers should budget carefully for renovation costs, pest inspections, structural issues and ongoing maintenance. • Financing very low-value properties can be more complex, as some lenders have minimum loan thresholds or stricter lending criteria. • Cheap does not always mean high growth potential. Capital growth in remote areas can be slow and volatile. • Some affordable regional markets may offer rental yield opportunities, particularly in mining or agricultural towns, though demand can fluctuate. • Expanding your search beyond capital cities dramatically increases affordable buying options. • Using price filters on major property portals and speaking with local agents can help uncover hidden bargains. • A low purchase price can be attractive, but lifestyle, infrastructure and long-term resale prospects should be carefully assessed before committing.
Key Takeaways
• Australia’s cheapest homes are typically located in regional and remote towns across NSW, QLD, SA, TAS and WA. • Entry prices can start from around $30,000 to $100,000, though properties at the lower end usually require significant repairs or renovation. • Most ultra-cheap homes are older houses on large blocks in low-population areas with limited employment opportunities and infrastructure. • Buyers should budget carefully for renovation costs, pest inspections, structural issues and ongoing maintenance. • Financing very low-value properties can be more complex, as some lenders have minimum loan thresholds or stricter lending criteria. • Cheap does not always mean high growth potential. Capital growth in remote areas can be slow and volatile. • Some affordable regional markets may offer rental yield opportunities, particularly in mining or agricultural towns, though demand can fluctuate. • Expanding your search beyond capital cities dramatically increases affordable buying options. • Using price filters on major property portals and speaking with local agents can help uncover hidden bargains. • A low purchase price can be attractive, but lifestyle, infrastructure and long-term resale prospects should be carefully assessed before committing.
Next Step: If you are thinking about selling an affordable property, it is important to compare local agents before making a move.
Before jumping into the list, it helps to understand what we mean by cheapest real estate in Australia.
Cheap does not always mean good value. It usually reflects location, condition, or both.
In today’s market, cheap houses in Australia generally fall into three brackets:
In capital cities, homes under $200,000 are almost non-existent. In remote towns, sub-$50k houses Australia listings still appear from time to time.
Cheap homes typically fall into one of these categories:
Understanding the condition is critical. Renovation costs can quickly exceed the purchase price.
Regional affordable homes Australia wide are cheaper mainly due to:
This explains why cheapest suburbs to buy in Australia are almost always outside capital cities.
Below is a ranked list of the lowest priced homes Australia typically sees in regional listings. Prices reflect recent advertised ranges or recent sales examples. Availability changes quickly.
Broken Hill consistently appears in cheapest house listings Australia wide. Older miner’s cottages can list from around $36,000 to $50,000 depending on condition.
Most are small two-bedroom homes needing renovation. The town has a population of around 17,000 and basic services including schools and a hospital. It is remote, about 1,100 km from Sydney.
Queenstown on Tasmania’s west coast is known for its mining history and rugged scenery. Basic weatherboard cottages have been advertised from around $40,000 to $60,000.
Many require significant repairs due to age and climate exposure. However, Tasmania has seen periodic demand from lifestyle buyers seeking affordable property Australia wide.
Bourke regularly features houses under $100k Australia wide. A typical listing might be a three-bedroom weatherboard home priced around $49,000 to $70,000.
The trade-off is distance. Bourke is over 700 km from Sydney. Employment options are limited and resale markets are small.
Trayning, a small Wheatbelt town in Western Australia, has seen homes sell in the mid $40,000 range.
These are often older farm cottages on large blocks. Buyers are usually locals or investors chasing rental yield rather than capital growth.
In past cycles, small dwellings or relocatable homes in coastal towns like Burrum Heads have sold under $50,000.
While rare today, similar ultra low budget homes Australia listings still appear in regional Queensland. They are often small, basic, or in need of repair.
Norseman, near the edge of the Nullarbor, offers houses from around $70,000 to $90,000.
Homes are generally older brick or fibro properties on large blocks. The town services highway and mining traffic, but remains isolated.
Beulah in Victoria’s Mallee region has seen houses list from around $70,000 to $90,000.
These are usually small, older homes. The appeal is low entry price and quiet rural living.
Andamooka is an outback opal mining town in South Australia. Three-bedroom homes can list around $80,000 to $100,000.
Properties are basic but often sit on generous land parcels. Services are limited compared to metropolitan areas.
Cunnamulla regularly appears in cheapest homes Australia list searches. Expect simple timber homes within the $80,000 to $99,000 range.
The town has essential services but is remote. Flood risk and climate should also be considered.
Compare top local real estate agents now and see who can deliver the best result for your property.
Both Port Pirie and Coober Pedy offer affordable homes under $100k in certain pockets.
Coober Pedy is famous for underground dwellings. Port Pirie, while larger, still has entry-level properties in older areas.
Another opal mining town, Lightning Ridge has homes listed from around $85,000.
These are often modest dwellings. The local economy revolves around mining and tourism.
Dirranbandi in southern Queensland has seen homes advertised from around $90,000 to $110,000.
Buyers get larger blocks and solid structures. However, long term capital growth is typically modest.
Cheap does not mean risk free. In fact, lower priced homes can carry higher risks.
A $50,000 home may need $100,000 in repairs. Always organise building and pest inspections. Budget carefully.
Check:
Remote lifestyle is not for everyone.
Capital growth in very small towns can be limited. If population declines, prices may stagnate.
Some lenders are cautious about lending in very small towns. Loan to value ratios may be lower. Deposits may need to be higher.
Working with a local agent who understands affordable property Australia markets can reduce risk. They can also advise whether the price reflects fair value.
If you are actively searching for lowest priced homes Australia wide, here are practical steps:
The top 12 cheapest homes in Australia show that ultra affordable property still exists. However, price alone should not drive your decision. Location, condition, lifestyle and long term prospects matter just as much.
Before making an offer, speak with a local agent who understands the market dynamics of that region. A trusted expert can help you decide whether a cheap home is truly good value or simply low priced for a reason.
Historically, some properties have sold for under $10,000, particularly at council or mortgagee auctions in remote towns. These are rare and often uninhabitable at sale.
They can be, but it depends on your goals. If you want ultra low entry price and are comfortable with regional living or renovations, they may suit. If you want strong capital growth, options may be limited.
Yes, but many are in remote areas with limited services. Climate, employment, healthcare access and schooling should all be considered carefully.
Some do, especially if regional markets strengthen. However, growth is often slower than capital cities. Demand levels and local economic conditions drive price increases.
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