‘Just waiting’: $89k home could be Australia’s best buy

There’s no worries about affordability or interest rates when it comes to this home bargain, all it needs is a lot of TLC.

There’s no worries about affordability or interest rates when it comes to this home bargain, all it needs is a lot of TLC.

The classic two-bed home with a single bathroom sits on a very generous 904 sqm which leaves plenty of scope for expansion and renewal.

It really is ‘one for the renovator’.

“Located on a large corner block, this property presents a blank canvas for renovators seeking a project. With its 2 bedrooms and spacious corner block, this home is just waiting for the right person to bring it to life,” the listing for the home reads.

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595 Wolfram Street, Broken Hill, NSW 2880

Located at 595 Wolfram Street, Broken Hill, NSW 2880, this home is far cry from the over-inflated prices on offer in many of our capital cities.

Sales agent Tara Nadge of LJ Hooker said homes under $100k that are liveable seldom come onto the market.

“They do come up here and there but usually they are not inhabitable and have walls missing,” she said.

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Needs some work sure.

But homes like this don’t often come onto the market.

Prospective buyers will want to get in quickly.

“I have had a lot of interest in the property and I’m confident it won’t take long to sell,” Ms Nadge said.

“It’s ripe for renovating. It’s about a two-minute drive to the CBD, a great area for renovating.

It’s very close to schools and amenities. The street itself has homes worth $100,000 to $500,000.”

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A big block with plenty of potential.

There is an outdoor shed and old garage on the property and the dimensions of the block mean the only limit is the buyer’s imagination.

“It’s a large block with possibilities to expand or add external developments,” the listing continues.

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