Home with a big backyard hits the market for less than $60,000 – making it one of the cheapest free-standing houses in Australia
- Freestanding house selling at Broken Hill for $58,000 may be record price
- Has two bedrooms, a big backyard, rooftop solar and space for four cars
- House is marketed as a ‘project’ by its selling agent in the outback town
A contender for the cheapest freestanding house in Australia has gone on sale for just $58,000.
A home buyer would only need to come up with $11,600 to reach the 20 per cent deposit most banks require and snap up the two-bedroom home at 59 Wilson Street, Broken Hill in New South Wales‘ far west.
The house, set on a decent-sized 230 square metre block with a large backyard, would need a significant amount of work.
Possibly the cheapest freestanding house in Australia in Broken Hill, New South Wales has gone on sale for just $58,000
The real value of any property is the land – and 59 Wilson Street, Broken Hill sits on a decent-sized 230 square metre block
Selling agent LJ Hooker has marketed the home with the slogan ‘looking for a project?’
Buyers would need to put in time and money to refurbish the property.
Inside, some rooms needs to be re-floored or re-carpeted.
The interior is run-down and if the existing dwelling was kept, it would need a substantial refurbishment
The bathroom has seen better days as well and would need to be re-tiled by the buyer
Privacy when visiting the toilet appears to come from a shower curtain rather than a door that locks
The original part of the house has high ceilings and features such as a long hallway, a fireplace, wide timber door-frames and plate rails.
The home also has four roof-mounted solar cells.
The last time a freestanding house sold for under $60,000 in Sydney was the 1970s – when Malcolm Fraser was the Prime Minister and the Sydney Opera House was still a new building.