Creative ways to use a cheap block of land
There’s no doubt that one of the cheapest ways to get into the property market is to buy a regional block of land. There are some serious bargains to be found, like this $35,000 block in northern Victoria or this double block with two titles in Queensland, going for just $33,500. In Gundagai, NSW, the asking price for this block is $79,000. No matter which state you’re in, you could find something for less than $100,000. The challenge, of course, is securing a site that you’ll actually want to live on or travel to.
Still, if you do find a bargain in the right location, the price can quickly skyrocket if you’re planning to put a property on it. That means it’s time to get crafty. You might even set up a business that covers the mortgage. Here are some ripper ways folks around the world are living on land without spending a fortune.
Portugal: your very own YouTube
A couple of savvy land-owners in Costa da Prata, Portgual, whacked some concrete tubes on their land, installed glass doors on each tube and threw in some bedding. There’s a communal kitchen and bathroom. Guests are invited to mingle by the fire or kick back by the saltwater pool They’re charging $48 per night to stay in this little piece of bliss. With few overheads, this is a clever way to make use of land.
Terlingua Ranch, Texas #VanLife
Can’t find recycled concrete tubes? No worries, grab a couple of old VW campers and park ‘em on your land instead. Daniel and Karol in Texas have sourced nine vintage Volkswagens and turned them into accommodation on this desert site. It’s primitive — there’s no bathroom — and phone coverage is limited. But for those dreaming of life in an off-grid hippie commune, inspiration doesn’t come much better than this.
Yarra Valley, Victoria: tiny home, big views
Closer to home, millennial Aimee Stanton has built her own tiny home with her brother, Ben. The moveable shack is currently located in Victoria’s Yarra Valley. If you’re considering doing the same, try hers out first. It’s available now on Airbnb.