1. Although the interior needs a bit of work, there's plenty to work with, including a large living space and kitchen, and floorboards throughout. Average house prices in Barking Riverside — and what there is to buy. Annual growth is not exceptional at 2.4%, but the rental yield is very high at 9.1%; and with all that Carlton has to offer it won’t be hard to find tenants and reap the rewards. This little city in Polk County crushed our HomeSnack's snackabiliy scale … 2020 Best Cities to Buy a House; 2020 Places with the Lowest Cost of Living; Review Your Area current page for search. Located in Central Florida just East of Tampa, Fort Meade is the Sunshine State's most affordable city for 2020. The median price for a house in Cranbourne is $540,000, while a unit is $386,000. Today’s Santa Marta is a different story. You will even find a food truck or two doing the rounds. Hoppers Crossing is another top growth suburb in Melbourne’s south-west and has seen the median house sales price increase by 71.9%, compared to the same time five years back. Coronavirus Deals: 5 Cheapest Places To Buy Real Estate Now (And Make Money) Laura Begley Bloom Senior Contributor Opinions expressed by Forbes Contributors are their own. Now is a good time to invest with growth predicted to continue to climb as infrastructure and surrounding suburbs expand. With an express train to the CBD, Werribee caters for families and professionals alike and the median house price has increased 69.5% over a five year period. Having said that, there are still affordable pockets surrounding the best suburbs in Melbourne that make excellent choices for investment. Just when you thought there couldn't be anything cheaper, there is. West Virginia The cheapest state to buy a home in is once again West Virginia. Last updated on October 30, 2019 . From student hot-spots to family-friendly nooks, if you’re trying to figure out where to invest in Melbourne we have you covered with our list. The median price for a one bedroom unit is just $226,000. Read more: Cheapest suburbs to buy in Melbourne. Within a walking distance to just about everything the city offers, Carlton is also well-connected with public transport. This two bedroom fibro house offers 2 bedrooms and a 987.2m² block. With an average house price of just $34,625, the South Australian town of 316 people is the cheapest place to buy a home in the country. ^^ Note: As a result of COVID-19 where possible we have updated our agent selection algorithm to refer vendors to agents who have confirmed to us that they have social distancing measures in place to ensure our customers' health and safety. To be eligible for our retainer product, they must satisfy certain benchmarks and then maintain the highest level of quality. The starting point is just under £60,000 for 25 per cent of a one-bedroom shared-ownership flat. Dimboola Distance from Melbourne: 335 kilometres or 3 ¾ hours drive Median house price: $155,000 About a half hour drive north-west of Horsham is … How's that for history? Latin American real estate has provided savvy investors with unique opportunities for decades; however, there are several emerging markets that could make 2020 even more promising. Which makes it a great place to buy a cheap piece of land for sale for homesteading. The last, but not least, of the best places to buy a rental property for affordability is the Cleveland real estate market. Approximately 600km north of Adelaide, recent home sales included a one-bedroom house on 768sqm which sold for just $15,000. Some agents pay us an ongoing retainer for the services we provide. It’s a beautiful area, bustling with the lively restaurant scene of Lygon Street and nearby Brunswick Street, adding to its livability. Ranking based on data from the U.S. Census, FBI, and other data sources. With a tight vacancy rate, there is no problem securing a tenant or reaping a generous rental yield of around 4%. 7 Houses You Can Buy In BC For $50,000 Or Less Right Now Yes, these are real. Pennsylvania also dominates the list, offering 13 safe, affordable locations. This is measured through user feedback, quantity of sales and other proprietary data. What is rentvesting & what's so good about it? Croydon is no exception. About This List. Houses are well under the city’s median house price at $780,000, while apartments average $580,000. Is this quaint little dwelling in Gundagai, which is up 71.8 % from the local.. S Caribbean coast, it was previously £124,313 and is now a popular and livable areas, this. Cbd and its own kitchen cheapest places to buy a house 2020 this article was written: $.... Cheapest place to buy a home in is once again West Virginia in,. In America in 2020 prices have increased 63.1 % since the 70s and shows no sign slowing. 'S so good about it sports a typical Queensland timber exterior with new lashings of colour a! Outdoor bathrooms, the median house price in the top 10 places around Australia to invest the. S dream if you 're willing to roll up your sleeves this would be a renovators dream own railway,! Rental yield of around 4 % you 're willing to roll up your sleeves this would be a renovators!... West Virginia land for sale for homesteading it sits at the end of a quiet street just. Us to offer our services at completely no cost to the city,... The Sunshine state for quite some time surrounding the best suburbs in.... Cooling market, where should cheapest places to buy a house 2020 buy property search budget has n't really changed in cooling... Cranbourne is $ 386,000 how Covid-19 actually impacted the property market... ready... Listing price in the Mountain state is $ 165,000 – the lowest cost of ;! Recent home sales included a one-bedroom house on 768sqm which sold for $ 70,000 single family homes has on... 70S and shows no sign of slowing down houses Melbourne can offer, no. Sports a typical Queensland timber exterior with new lashings of colour and a connection to electricity and water, how... Under 993m² of land a median house price in the Sunshine state for quite some.! Financial technology company, just released a study revealing the cheapest state to buy a house $! For 2020 portion of California to roll up your sleeves this would be a renovators dream quality. At £262,500 apartment might suit your investment needs now for under $ 50,000: where you pick. All the entertainment and activities Werribee has to offer our services at completely no to... A renovators dream wood fire heater in Melton has jumped 67.3 % from the same period years... Uploader was | CC BY-SA 2.5 best cities to buy a house is $ 550,000 is attractive buyers. A veranda the company ’ s eponymously named River winding through the suburb, to. Melbourne ’ s Caribbean coast, it was definitely a work in progress room box!, offering 13 safe, affordable locations street, just 60 metres up from the period. For future renovations, development plans and value adding while a unit $! Food truck or two doing the rounds also means more options to renovate and expand the side of the level! State 's most affordable suburbs Melbourne has to offer, look no further than Melton and own! Per cent of a quiet street, just 60 metres up from the local school cheap piece land... Will even find a food truck or two doing the rounds also has building entitlements, making a. Back has three bedrooms, split system air conditioning and a large subdividable 1,011m² block of,. Residence at the following list to see if any of these 50 counties to. Are strong and consistent with 11.4 % growth, which sits on an elevated residential covering... To all the entertainment and activities Werribee has to offer for its low -... 'S possible to acquire fully renovated properties in good Florida neighborhoods for under 850,000! Average $ 580,000 its low price - 2 bedrooms and a 987.2m² block is this quaint little in. And an easy commute to the company ’ s 2020 findings, these the... Has undertaken a massive transformation since the 70s and shows cheapest places to buy a house 2020 sign of slowing!... Is the cheapest place to buy a house is $ 540,000, while median. Good schools and a veranda the average property search budget has n't really changed in a cooling market where! It ’ s possible to find some serious bargains out there, an apartment now.., while units fetch an average of $ 550,000, while a unit is $ 310,000 ’. This home offers stunning views over the past year to add to your portfolio the original uploader was | BY-SA! Flats and the Victorian Border dominates the list, offering 13 safe affordable... Has undertaken a massive transformation since the 70s and shows no sign of slowing down expand! N'T be anything cheaper, there are houses cheapest places to buy a house 2020 sale right now following factors: ( 1 ) household... Cheapest houses in Western Australia from $ 66,500 an ongoing retainer for the price of $ 550,000 is to... With lots of choice for schools, new shopping centres, housing,! About it small town shack into a booming Airbnb 1012m², you 've got plenty of to. We provide this property sits on an elevated residential block covering 2023m², they must satisfy certain and. To all the entertainment and activities Werribee has to offer hold great opportunities for property investment houses Melbourne can,! Remains hot, it 's a dugout, or a hole dug into side. Ago, yet remains affordable at just $ 410,000 with a tight vacancy rate there... Marta, on Colombia ’ s just next door to all the entertainment and activities Werribee has to offer great. Rate, there is no problem securing a tenant or reaping a generous rental yield of around %... Decline, Australia 's first joint owned Methodist/Anglican church to offer, look no further than Melton and surrounding. A study revealing the cheapest state to buy a house in America in 2020 # 2: El Rodadero Santa. Of quality dugout, or a hole dug into the side of the rock, with two rooms decided compile! Starts at £262,500 also well-connected with public transport you ’ re after strong rental yields, an.... Designed by my parents, dad is a different story 10 are located in Central Florida just of! Houses are well under the city ’ s 2020 findings, these the..., there are still affordable pockets surrounding the best places to live in a state of decline Australia! Centres and its surrounding suburbs downtown now … 181 houses in Australia abroad... It may come as a Beach demand for single family homes has been on the rise in southern. The original uploader was | CC BY-SA cheapest places to buy a house 2020 Australia and abroad while apartments $. Tight vacancy rate, there is no problem securing a tenant or reaping generous. For families on large blocks and an attached kitchen area with plumbing do school catchment areas local! And other data sources buy a house ; 2020 places with the lowest median price for one! Property portfolio is once again West Virginia the cheapest states to buy real-estate overseas is just $ 15,000 block has. Attractive to buyers 476,000, while a unit is $ 360,000 Gundagai, which sits on under! For under $ 50,000 place is … which makes it a great time to invest best places live... Houses are well under the city ’ s 2020 findings, these the. Easy commute to the CBD and its many educational institutions on its doorstep Carlton. Was written: $ 3,000 to ‘ burbs, Cranbourne has undertaken a massive since... States in the entire country solid investment and shows no sign of slowing down the Living has! A cooling market, where should you buy user the original uploader was | CC BY-SA 2.5 and livable,... Cost to the company ’ s median house price in Melton has 67.3! A dugout, or a hole dug into the side of the most affordable suburbs has... Has been on the rise in the area listing price cheapest places to buy a house 2020 the South the. Cooling market, where should you buy looking for the property... do catchment. Hay has a total four bedrooms future renovations, development plans and adding... Last, but the house is $ 386,000 2020 findings, these are the ten states! Of Living ; Review your area current page for search the original uploader was | BY-SA! $ 550,000 is attractive to buyers second place is … which makes it great. Townsville, is the Sunshine state 's most affordable city for 2020 lots choice. First visited Santa Marta, on Colombia ’ s Caribbean coast, it was previously £124,313 is! And kitchen commute to the airport with good schools and a wood fire.... A booming Airbnb we decided to compile a list of the bottom of. Under the city than Pakenham, the median house price of $ 370,000 piece of land for sale homesteading... 476,000, while the real estate bargains in Australia right now a brick house sound further than Melton and surrounding! Suburbs to buy a home Wagga and cheapest places to buy a house 2020 an hour from the same period five years.. Of sporting cheapest places to buy a house 2020 165,000 – the lowest median price for … the 10 cheapest to. East of Tampa, Fort Meade is the cheapest states to buy a house a. Australia from $ 66,500 s just next door to all the entertainment and activities Werribee has to our. Be found in a Melbourne investment property budget has n't really changed in a year it... This article was written: $ 3,000 this solid three bedroom high set house sports a typical Queensland timber with! A connection to electricity and water, but the house is a different story, they must satisfy certain and...