Rustic gems on the market for less than $700,000

16 hours ago 3

These charming homes across regional Australia are full of character and offer outstanding value in markets where home prices remain more resilient.While economic uncertainty has slowed many parts of the country’s real estate market, affordable still hold appeal for many buyers, especially in regional areas where prices are holding up better.Prices in the regions held steady in September while the capital city median fell by 0.3%, according to the latest realestate.com.au Home Price Report.This off-grid, 40-hectare property in NSW is on the market for $500,000. Picture: realestate.com.au/buyThe combined regional median price is about 5% higher than a year ago, while the combined capitals are down 1.6%, with realestate.com.au senior economist Eleanor Creagh attributing the divergence to affordability.“More affordable regional markets remain accessible to a larger pool of buyers than many capital city alternatives,” she said.With many investors sitting on the sidelines, agents say there are opportunities to secure a character home with less competition.These rustic gems on the market for less than $700,000 offer buyers the chance to purchase a unique property without spending a fortu...

Read Entire Article