Five under $500,000 - July 5, 2019
Folks, it’s been quiet around these parts because we’ve been putting the final touches on Smashed Avocado: How I cracked the property market and you can too, a complete guide to buying your own home, which is now available for pre-order and hitting bookstores this September.
While you’re waiting for it to drop, now’s the time to scour the real estate sites and research your options. With recent market declines, there are some good finds out there. But prices are starting to pick up again, so if you’re keen to get your own place, it’s time to hustle. Plus, with good first homebuyer incentives out there, the chances of securing your own shack have never been better.
Let’s take a look at some cracking properties that’ll get you motivated to save.
5247 Wisemans Ferry Road, Spencer, NSW
If you’re in a position to commute to Sydney or work remotely, we challenge you to find a better spot than this acreage on the New South Wales Central Coast. It’s on the Hawkesbury River waterfront and comes with a one-bedroom cabin, shed and your own private jetty. Sure the cabin will be cosy, but with a price tag of just $350,000 you’d be mad not to take a look. In time, you might find the funds to build a bigger home on the block. No rush, though. Kick back on a deck chair on the jetty and embrace a slower pace for the time being.
34 Hampden Road, Mount Barker, SA
We had the pleasure of visiting the Adelaide Hills recently and this area is magic. It feels totally remote but you’re just half an hour from the CBD. There’s a stack of charming homes here and this one is no exception. The solid brick property has three bedrooms, timber floors, high ceilings and a brand new coat of paint throughout. At $395,000 it strikes us as a bloody good deal. Young buyers are catching on to how great the hills are with some fabulous restaurants and pubs opening in the region: the Uraidla Hotel gets our vote. Get in there before everyone else cottons on.
5/210 Inkerman Street, St Kilda East, Melbourne
If you’re in the market for an inner-city abode take a squiz at this two-bedder. It has polished timber floors, a living room, kitchen with gas appliances, intercom entry, air-con, heating and a car park. If you can get it in the quoted range of $450,000 to $490,000 you’ve done well. But as with any apartment, check the owners’ corp fees and make sure the property’s in good shape before you leap in.
16 Welsh Street, Kyneton, Victoria
About an hour out of Melbourne you’ll find this charming fixer-upper priced at $475,000 to $495,000. It’s an original three-bedroom cottage built in the late 1800s. It has polished floorboards and stunning open fireplaces. The bones look good but there’s a bit of work to be done, especially in the kitchen. Still, renovated equivalents are going for more than $750,000 here, so there’s cash to be made if you’re up for the challenge.
21 Bailey St, Nambour, Queensland
Up north, check out Nambour, inland from the Sunshine Coast, where $389,000 will get you this three-bedroom home with massive timber deck, uninterrupted views, open plan living and dining room, kitchen and double carport. It’s freshly painted and has new carpets. You might want to put your own spin on it, but it’s perfectly liveable in the meantime.
Pre-order Smashed Avocado: How I cracked the property market and you can too, by Nicole Haddow. It hits shelves September 2019