Rundown renovator’s delight snapped up for $80k as bargain-hunters chase cheap houses

Australia’s cheapest home sales in September featured an eclectic mix of properties, with some bargain buys trading hands for $100,000 or less.Termite damaged did little to deter buyers of a circa 1900s weatherboard in the tiny rural Victorian town of Rupanyup, which was the cheapest home to sell in Australia in September, selling for $80,000.That’s a fraction of the median price of an Australian house, which reached $974,000 in September, according to the realestate.com.au Home Price Report.Five of the top 10 cheapest sales across Australia in September took place in Victoria, with the cheapest sales by state ranging in price from $95,291 in Mornington, Queensland to $118,000 in Goldsborough in Victoria, to $130,000 in Derby, Western Australia.From uninhabitable renovator's delights to deceased estates, here is a glimpse at some of Australia’s cheapest properties that changed hands in September.$80,000 fixer-upper in VictoriaAustralia’s cheapest sale was advertised as a three bedroom “renovator’s dream with plenty of potential.”It didn’t take long for 32 Dyer Street, Rupanyup to be snapped up for $80,000 with sales agent Ryan Fischer from AL Property Agents – Horsham selling the h...