So you’re struggling to break into the homeowner’s market? Don’t despair, Fritz has been on the hunt for the cheapest houses for sale in South Australia on the market and boy, oh boy, do we have some beauties for you.
Here are 12 homes in South Australia that are selling for $50,000 or under.
Unbelievable value and the best thing is if you’ve got $10k deposit your mortgage repayments on a $50,000 home will only be $55 per week! That’s the equivalent of an almond latte a day and a slice of banana bread a week.
Which will be easy to go without, as these properties are a far cry from any barista-made coffee or a bakery.
We’ll start with a look around what’s for sale in the famous mining and Hollywood film set town of Coober Pedy.
This natural beauty has recently been reduced from $35k to a super low $25,000.
The property consists of multiple family areas and potentially five bedrooms. Two rooms have concrete floor slabs. An ideal project to complete and reflect your personal taste and requirements.
Located in a secluded, private location, yet within the town boundaries, therefore close to all facilities. Power and water are connected. Inspection is recommended to appreciate the substance and potential of this development. The pegged size of this block is advised to be approximately 8305.6sqm.
We say why bother creating that mud brick dream home when you can have one carved out of rock?
And here’s another one…
Or what about this stylish underground beauty, just down the track, with fancy cream-brick internal arches?
A partly completed spacious dugout, the property consisting of lounge, separate dining, separate kitchen and three bedrooms (or four if you combine the lounge/dining room). All rooms have concrete floor slabs and most have feature brick wall partitions and/or archways. The pegged size of this block is advised to be approximately 10,149.9sqm.
No need for high electricity bills in this gem – cool in summer and cozy in winter… take that AGL!
If you’re after something with a more homely feel, this well-appointed dugout might be more your thing. Although that freezer is a little creepy… eek!
This three-bedroom dugout comprises entry into a kitchen/dining room with an alcove area. This room provides direct access to bedrooms two and three, the bathroom and the separate lounge room. The kitchen/dining room has built-in cupboards. Each bedroom also has a built-in wardrobe (literally a wardrobe stuck into the rock). The bathroom comprises a bathtub, separate shower, hand basin and a separate area which houses the toilet. All main walls and ceilings are white-washed and have concrete flooring.
External improvements include extensive moon rock walling which encloses a courtyard area and a moon-rock constructed garage with a roller door.
Coober Pedy is first home buyer’s heaven and keeps on giving with this fixer upper. Not sure if it’s a house or a shed, but she’s got plenty of fly screens, which is a big tick.
Brilliantly located solid and well built two-bedroom home in a lovely quiet area close to shops, hospital and school situated only 2.5kms from the town centre.
Open plan air-conditioned kitchen/dining/lounge room. New carpet and vinyl flooring installed with a good sized bathroom with a separate toilet.
The freehold block is 1000+ square metres in size and is fully fenced with scenic views to the north.
Where is Coober Pedy?
This is what the internet has to say about Coober Pedy: The last frontier‚ cosmopolitan‚ outback‚ all these words are used to describe the dusty outback town of Coober Pedy‚ but perhaps the simplest is ‘unique’.
Located on the Sturt Highway‚ in the arid centre of the state‚ Australia’s largest opal mining town is perhaps as well known for the unusual underground accommodation favoured by its residents as for its opals.
The dugouts‚ as they are known‚ enable miners and their families to escape from the searing summer heat above ground. Most are as large as conventional houses and furnished in the same manner.
Coober Pedy not your cup of billy tea? Then maybe Peterborough is more your kind of town.
This compact home, The Stone Backender, includes two main bedrooms, a roomy lounge with R/C split system and gas heater. The kitchen/dining area has the original wood stove plus gas stove. There is a rear lobby with bathroom laundry area and inside toilet.
Outside features include a rear verandah, storage shed and garden shed along with chook run and bird aviaries.
There are actually no real estate marketing notes on this bespoke cottage. But, after some investigating we did find out it has a hot water service, two bedrooms and one bathroom. But we think a picture says a thousand words.
Where is Peterborough?
This is what the internet has to say about Peterborough: Peterborough is a historic railway town on the main south-eastern approach to the Flinders Ranges.
It is a popular stop for travellers en route to the ranges or heading north to the Territory or across to Western Australia.
The town was originally called Petersburg after Peter Doecke who was the original selector of the land that the town was set up on. The name was changed in response to the patriotic passions aroused during World War One.
Just up the hill from the local school, post office and pub you will find several allotments to choose from along Government Road, Andamooka. You could build your dream home, holiday house or shack. Four allotments are adjoining and one has this small shed you could transform into a cute dwelling.
This corrugated beauty is a weekend get away with great views.
This allotment has an elevated location overlooking the centre of town. Featuring a two room shack along with a Woomera hut, the location has plenty of potential with fantastic views over the town and to the east.
This is all situated on an allotment of approximately 768sqm. It even has a carport!
Where is Andamooka?
This is what the internet has to say about Andamooka: The opal mining township of Andamooka is one of the world’s major sources of precious opal.
Today, with a population of around 350 (estimated), Andamooka hosts a rich assembly of nationalities that live and work together in an environment that outsiders may consider harsh and resembling a ‘moonscape’. To local residents however, this is the ideal place to live, uncluttered and free of bureaucracy and hassles of city life.
This large 2860sqm allotment located in the centre of Wirrabara definitely has charm. However, it is an old stone home in need of A LOT of attention. But it does have a double garage and a Bessa brick building with a shower. Three bedrooms and one bathroom with mains water and power connected.
Where is Wirrabara?
This is what the internet has to say about Wirrabara: Nestled on the banks of the Rocky River in the beautiful Southern Flinders Ranges, Wirrabara is an idyllic country town approximately 235 kilometres North of Adelaide. Home of the first established Government forest nursery in Australia (1877), the town is renowned for its forestry heritage and it’s rich farming history.
Wirrabara gets its name from a corruption of two words from Kaurna (Adelaide Tribe) language “wirra” and “birra” gum trees and running water and in the local Nukunu language “wira” ”parl” gum trees with honey and water.
If you ever wanted a project, this could be it. Situated on a large block with frontage to the Eyre Highway, the property is located within walking distance of most of life’s necessities.
It is close to shopping, fuel and hospital facilities, and if that isn’t enough you can pass the day by planning how you are going to achieve your vision of turning the project into House and Garden’s next front cover.
If you like a challenge this is without doubt a big one. Two bedrooms and one bathroom and room for 10 cars.
Where is Kimba?
This is what the internet has to say about Kimba: “Halfway across Australia”, Kimba is home to an eight-metre-high Big Galah, an award-winning hotel and a fascinating historical museum.
Kimba is also the eastern gateway to the spectacular Gawler Ranges offering travellers open spaces and outback solitude. A wheat growing area since 1908, Kimba is a commercial centre for South Australia’s central wheat-belt area. Wheat and barley are exported‚ with oats and other crops also grown, and supported by sheep.)
Why would you rent when this property is available at this price?
Recently repainted interior with four bedrooms all with timber floor along with the passage and loungeroom, which has an open fireplace and reverse cycle air-conditioning. The spacious kitchen/dine finished with timber features and straw ceiling and a walk-in pantry. Sound wet areas with the shower over the bath. Exterior buildings consist of a semi-enclosed shed approximately 20 x 40 feet and a single garage.
Where is Terowie?
This is what the internet has to say about Terowie: Terowie (formerly Gottliebs Well and Shebbear) is a small town in the mid-north of South Australia located 220 kilometres (137 mi) north of the state capital of Adelaide.
It is located in the Regional Council of Goyder. Terowie retains a number of authentic and well-preserved 1880s buildings, and has been declared a “historic town”. It also remains a town of interest to those interested in rail history. Although now a very small town with few facilities, Terowie remains a popular destination for photographers, historians, and rail buffs.
A handyman’s dream (and our pick of the bunch).
This cutie is really a bargain at $48k. The one-bedroom compact stone cottage is set on more than 2000sqm in a pleasant rural setting. Much work has been done, new roof, new front and back verandahs, new floors where necessary, mostly new ceilings, salt damp protection and the kitchen is ready to be installed, as is the claw foot bath. There is a lock-up garage outside. A top project is a peaceful country hamlet.
Where is Gulnare?
This is what the internet has to say about Gulnare: Sixty kilometres north of Clare on the Main North Road, Gulnare is a tiny village supporting surrounding sheep, beef and cereal farmers. The area was first explored in the late 1830s by Edward John Eyre who made special mention of a ‘long watercourse’ he named the Broughton.
So who’s dreaming and crunching numbers now?
Let us know if you find another under $50,000 gem in the comments below and we’ll add it to the list.