- Where to buy land in Australia for 18 cents a square metre
- Victorian farm values rising faster than Melbourne house prices
With property and land prices skyrocketing in capital cities around the country, many buyers are having to move further out to get their hands on something vaguely affordable.
But you don’t need to move to the middle of nowhere. We’ve found some rural blocks within two hours of a capital city that you can snap up for the fraction of the cost of a much smaller parcel in the big smoke.
But there are large blocks in beautiful regional areas on offer for less than $1 a square metre. Sure, they don’t have a house on them yet (and you need council permission to be allowed to build on some of them), but others already have power and town water already connected.
East Beverley, Western Australia
– $175,000 for 40.47 hectares (or 43c per square metre)
With more than 40 hectares on offer, this farming land has good soil and the block has a large dam, according to the listing.
It’s approximately 140 kilometres from Perth, and close to the town of Beverley, which was founded in 1838 and was one of the state’s oldest settlements. The town boasts a golf course, art gallery and museum.
– $179,000 for 8.9 hectares (or $2 per square metre)
Imagine waking up this view every day. The block is less than an hour from Bendigo and about two hours from the Melbourne CBD, but will feel like a world away from the rat race.
Berridale, New South Wales
– $180,000 for 9.71 hectares (or $1.85 per square metre)
Less than an hour from ski resorts of Perisher and Thredbo and two hours from Canberra, this plot is perfect for the dream rural getaway.
Just up the road from the small town of Berridale, the block features sloped and flat areas and a beautiful view looking out onto Lake Coolamatong.
– $90,000 for 17 hectares (or 52c per square metre)
Dunolly was the site of one the largest gold rushes in Victoria’s history in 1856, with as many as 60,000 people flocking to find their fortune. Now it’s home to fewer than 1000 people, and perfect for a country escape.
You’d have to get approval to build a house, but the 17-hectare allotment offers an opportunity to own a slice of the goldfields and features a dam.
– $149,000 for 4.43 hectares (or $3.36 per square metre)
This block boasts electricity, two dams and a creek, and is just 25 minutes from Toowoomba and a 90-minute drive from Brisbane.
With a fully fenced allotment and all-weather roads, all you’ll need to do is pick a spot to build your house.