Five under $500,000 - February 20, 2019
From a classic regional cottage to a tropical beach shack, there’s plenty up for grabs this week, folks. In Sydney, it’s finally possible to get something bigger than a studio for less than half a mil. Could be time to break out that first-homebuyers grant and launch yourself into the market while it’s not so hot. Here’s the latest inspo…
28 Ross Street Malmsbury, Victoria
Lately we’ve been thinking about ways to get into the market without giving up a lifestyle, so going regional is definitely tempting. What a joy it must be to sit on the deck at this Macedon Ranges home, switch off the phone and watch the world go by. It has two bedrooms, flexible living spaces and a breezy country vibe. But it’s also close to the local shops, 20 minutes from Daylesford and 40 minutes from Bendigo. If you’re considering investing regionally and commuting to the city, this is a top spot. It’s about an hour from the CBD on the train or in the car. It’s all yours for $445,000.
7/13 Silver Street, St Peters, Sydney
In Sydney you’ll get a bit more bang for your buck in the west. Sure it’s still hard to find something for less than half a mill, but it is possible, particularly in this market. A year ago, you’d struggle to find a renovated one-bedder anywhere near the city, but this one in a 1960s block has a living and dining area with floorboards, separate kitchen, a large bedroom with built-in robes and a balcony with (distant) city views. There’s a car park, too. You’ll just have to be cool with a shared laundry. Still, at $499,000, the price is right.
12 Mango Avenue, Eimeo, Queensland
Look, if you can get past the appalling paint scheme, you’ll be pretty impressed with this beachside property in Eimeo, a suburb of Mackay. Cruise down your mango tree-lined street to this sweet shack with timber deck, air-conditioned living area and three bedrooms. There’s also a shed and a carport. Wander down to the beach or up the hill to the pub for a cold bev. The best bit: it’s all yours for $339,000. Hello, endless summer.
12 Princes Highway, Littlehampton, Adelaide
Oh, Adelaide. How we love you for your freestanding stone cottages. This two-bedroom gem, built in the 1890s, is a 25-minute drive from the CBD. It has timber floors, a modern kitchen, air-con and off-street parking for up to four cars. It’s on a quarter-acre — plenty of room for kids or a barbecue with mates. Adelaide is experiencing unprecedented growth, so your chance of securing a place like this for $419,000-$439,000, probably won’t last, pals. Get in there.
2/6 West Beach Road, St Kilda West, Melbourne
This is a beauty — one for the Melburnians who’d prefer not to go regional. A two-bedroom Art Deco apartment in the heart of St Kilda West going for circa $500,000 is definitely worth a look. It’s loaded with features including large living and dining room with open fireplace, separate kitchen, timber floors, intercom entry and a shared outdoor area. Battles for car parks in these streets are real, even with a permit. But if you live in this location you can probably lose the wheels anyway.