The latest Cotality research report reveals that affordability pressures remain one of the most significant influences on the housing sector. The result is an increased demand towards lower-priced markets.
With many buyers looking towards houses under the median house price, we’ve rounded up properties for sale with a listing price under $800,000.
From a family home in Albion to a charming cottage in Tighes Hill, these are some of the best buys under $800,000.
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Victoria: A family home in Albion
Located in Melbourne’s west, this two-bedroom home in Albion has a price guide of $700,000 to $750,000. The floor plan features a connected kitchen and dining area with a separate living room at the front of the house.
The bedrooms are equipped with built-in robes and there is also off-street parking for one vehicle. Best of all the home is set on a spacious block of approximately 697 square metres, offering plenty of potential for an extension or a backyard with all the bells and whistles.
New South Wales: A charming cottage in Tighes Hill
In the north-west of Newcastle is this charming freestanding cottage. Located in Tighes Hill, the three-bedroom house has a price guide of $765,000. Despite being on a small allotment (125 square metres), what this property lacks in size it makes up for in character.
Inside, the home is well-maintained and cosy with a centrally located kitchen and spacious living room. The charming facade has been painted blue and white and features a large flowering jacaranda in the front garden.
Queensland: A corner block in Gympie
Over in Gympie, this elevated timber home is on the market with a price guide of $675,000. The house is situated on a generous 873 square metre corner block within walking distance to the CBD.
The property features three bedrooms, one bathroom, a full-size laundry and spacious living room. The home is neat and tidy throughout, with plenty of under-house storage.
Tasmania: A cosy cottage in North Hobart
Located in North Hobart, this cosy cottage is filled with charm and character. Built in 1910, the home is listed with a price guide of $750,000 plus. The interior has been well-maintained and features three bedrooms, one bathroom, an open-plan kitchen, living and dining room and under-house storage.
The light-filled backyard includes space for outdoor entertaining, and there is off-street parking for two vehicles. The property is currently leased, making it a good investment option.
South Australia: Coastal living in Christies Beach
If it’s coastal living you’re after then look no further. Located in the seaside suburb of Christies Beach, this light-filled home has a price guide of $749,000 to $789,000. Set on a block of around 364 square metres, the three-bedroom home features one bathroom, full-size laundry, and an open-plan kitchen, living and dining room.
In the front yard, an elevated timber deck looks out over the lawn and low-maintenance gardens. There’s also a single car space for off-street parking.
Western Australia: Peace and calm in Rockingham
Surrounded by greenery, this two-bedroom home in Rockingham offers peace and calm only 15-minute walk from the beach. Listed with a price guide of $739,000 plus, the 1970s-built duplex features a combined kitchen and dining room with separate living space.
The outdoors include a well-maintained lawn, picket fence, secure off-street parking, garden shed, storage area and covered patio.
