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Let’s get right to the point. Property in Australia doesn’t come for cheap.
As some of you might already know, even though it is a huge continent, most of the population lives only on the coast. And land in those areas is out of reach for most people.
The coast has all the glimmer and glamour. It houses all the big cities of the country and the center of the continent is nothing but a massive desert.
Featured Image viaGez Xavier Mansfield@gezxaviermansfield
This creates a steep difference in the price of land only over a few kilometers. While Sydney’s land price can be as high as a thousand US dollars for a square meter, just a few kilometers it can only cost you a couple of cents for a square meter of land.
This isn’t some magic or big real estate scheme. The logic is simple, Sydney is Sydney. All the facilities, the lifestyle, the area and the vicinity to vital necessities count. But with a booming economy and the fact that there is no more room in the coasts, this scenario is about to change.
Where Cheap or Free Land Can Be Found? |Free Land in Australia
- Where Cheap or Free Land Can Be Found? |Free Land in Australia
- What’s the current scenario?
- Current Listing Example
- New South Wales
- Current Listing Example
- Current Listing Example
- Current Listing Example
- Western Australia
- Current Listing Example
- Final Words
- Related Articles
What’s the current scenario?
The government and the people of Australia want more development in the innards of the country and now have the ability and necessity to span its population into the deeper regions of the continent.
This opens up an avenue of free or cheap land in Australia that will someday be a part of expensive Megacities like Melbourne and Sydney. We are just at the right time and right place to witness a boom in evaluations of properties in that region.
A smart investor would take this as an opportunity, and if you are here reading this article then you are probably one of them. You, of course, want to find some of these golden lands in Australia and have begun your search here on the internet.
But looking up for places like these can be a tedious task. So, we’ve come up with some places and lots throughout Australia where you should keep your eyes on.
This guide is not to list definitive plot lands [although, we’ve listed good examples that are up for sale] but to hint you where to look for.
Tasmania is an island state of Australia. Being a separate landmass, it didn’t see as much of development as Australia’s mainland did.
But that is changing now. With the population surging in mainland’s coastal areas, the Tasmanian province is witnessing a revamp in its housing and settlement real estate sector.
We are not late to the party though, the projects are relatively new but promising.
Many companies are even doing full-time renovation and home building work which appreciates the value of the house greatly like 5-Star Builders, which has been operating for over 5 years now. They are one of the most successful builders in Sydney and other major cities.
Towns in Tasmania are even now well equipped with good roads, schooling, medical care, and there are many promising projects happening as I write this. Because of that, people are already flocking in the state.
There are some mid-range housing projects with establishments already present that you can buy property and land in, but the most attractive offers are the ones that are just starting out.
Image viaDavid Clode@davidclode
Current Listing Example
Tasmania proves to be of great promise and it has tons of free land and cheap property if you are willing to invest now. This kind of growth is not volatile or unexpected. Most provinces in Australia saw a similar kind of trend in history.
With this confidence, I started to look for lands I could find in Tasmania which are dirt cheap and show some good promise. I came across many areas through my research.
One of such areas is the Grenfern region in Tasmania. The piece of land I am talking about costs about 50 cents per square meter which is dirt cheap compared to something like Sydney ($1000 per square meter) or the next most expensive city Perth ($700 per square meter).
It is a part of the New Norfolk establishment and is about 50 kilometers away from the Hobart CBD. Many nearby land areas in Grenfern are envisioned as development projects by building companies. Land pricing there is expected to soon rise in value as there’s a significant number of prospective buyers.
Since it serves as such an excellent investment opportunity, it seems like a no-brainer to me. The driveway is already graveled and the land has cleared house site.
I am only laying this example of a 13 hectares investment window only to signify how mind-bogglingly low the prices can be, even with such a huge green light on development. Whatever your reasons might be looking for property in Australia, this is a must-have.
New South Wales
New South Wales is not new to development like Tasmania. Its state capital is Sydney – one of the most iconic and wealthiest cities of Australia.
Land prices in the coastal region of the state are off the charts. Even to get a decent piece of land in or around bay cities can cost you hundreds of thousands of dollars.
But away from the glimmer and high price of the coastal cities of NSW, lies the interiors of the state, where the land is sold off for cheap or for settlement contracts to develop the state further into the main landmass. The situation is similar to what I have mentioned before.
Some of the projects in NSW go so cheap that you can pick up a block worth of land just for $15,000 or so. Although the piece of land might not seem interesting at the first look, it’s sure to appreciate in value in the coming years because of the new neighborhood projects popping in and the government pouring money in such projects.
The properties are spread all across the western region of New South Wales – from Helensburgh to Euabalong. You just have to choose a pick and a deal that seems nice to you.
Image viaGhiffari Haris@ghiffariharis
Current Listing Example
One example that I have dug up is a land property that I found in Mudgee, NSW. The 10-hectare land property that I am looking at is listed for $29,950 on a real estate site of Australia. If we do the Maths right then it’s just 30 cents per square meter.
It is just 4 hours from Newcastle. That may not sound so promising but the indication has the surrounding township will grow exponentially in the coming years. Mudgee is already a township with all the basic amenities sorted.
All the other plots I’ve looked in the state look promising as well. Although most of the properties are not very habitable yet but has great promise, I did find some neighborhood projects which might be of interest if you are looking for a house that you can move into now.
Victoria lies at the bottom right of the map. It is at the bottom of New South Wales and is a beautiful state of the more active southern region of Australia. Most of the population living in the state are concentrated at the area surrounding the Port Phillip Bay.
It is a beautiful province with some of the most breathtaking coasts that the entire country boasts, including the famous city – Melbourne. Living in Melbourne is really expensive because it houses the majority of the population.
It’s so ridiculous that this year the prices even made headlines. It’s so pricey that the cost to build a home even in the suburbs can make you shell out over $300,000. In 2022 alone, it is expected to rise over 41%. Obviously, it makes housing in Melbourne inaccessible to most.
But now, Victoria is trying to develop the inner regions of the state following the surge of building projects in the entire country. Of course, that means that we have some golden investment opportunities in the state.
Many realtors are flocking to the remote places as they smell a huge increase in customers in the region. I mean, who can blame them? Seeing the price of housing in Melbourne, it explains why people are looking for further away places to settle in. It is just a matter of common sense.
By the looks of it, it shouldn’t even take half a decade before some of the major settlement projects complete. That means a mass of population flocking in new townships and major growth in the evaluation of the property that can be bought for dirt cheap right now.
Image viaCassie Lafferty@c_lafferty
Current Listing Example
I dug up one such example in Victoria, Cape Clear.
Cape Clear is a sleepy farming village. But don’t let that fool you. It is one of the hottest new places destined for big projects and a huge surge in population.
Cape Clear is not remote or inaccessible. It is located close to Ballarat. It is just 30-minute drive away from the city and it’s just about an hour away from Geelong – one of the biggest cities of the state.
This makes Cape Clear be a clear winner of the investment opportunity competition. The estimated land price in Cape Clear varies from $1.96 to $2.20 per square meter. Of course, that is dirt compared to the price of land in Melbourne.
One thing that makes this land so attractive to me is how accessible the nearby cities are. If you want a life of quiet and peace then it’s not just a great investment window but a great lifestyle for you as well.
Queensland lies on the northern side of the country and happens to be one of the most crowded provinces. Cities like Brisbane and Gold Coast bear millions of people, enjoying the beautiful lifestyle the cities have to offer.
Brisbane is the third most populous city in the country. Not only that but Queensland has three of the most populous cities of the entire country, namely, Brisbane, Gold Coast, and Sunshine Coast.
With such a magnanimous population, the price of a new house or land in Brisbane has skyrocketed to the unaffordable territory for everyone except the wealthiest. Even getting a house in the suburbs can cost you more than $500,000.
The story remains the same in other cities of the state as well. Many of the real estate homes in Gold Coast would cost more than a million dollars. Still, that is not surprising given the quality of lifestyle, the neighborhood, and all the facilities you can avail.
But now that the coastal cities are blistering with life and bear heavy population, the population is trying to shift more inwards for a more affordable lifestyle.
It may seem impossible to get a piece of usable land in Queensland after looking at the prices in Brisbane or Gold Coast. But in the interior of Queensland, you can get properties for dirt cheap prices. It boggles my mind to look at the steep drop the prices take over just a few kilometers.
Image viaGilles Rolland-Monnet@gillesrollandmonnet
Current Listing Example
There are many promising lands in Queensland, which can prove to be some of the best investment opportunities. One such example would be Tara where you can get land for as cheap as 18 cents per square meter.
Tara already has a hospital and a train station, and according to the listing, is equipped with phone and power lines.
Looking up properties in Tara online, I found one that is 12-hectare big and is just 2 hours of drive away from Toowoomba. And this huge mass of land is up for sale only for $22,000.
Obviously, it’s not yet fit for living for many but we’d not be surprised that in half a decade this will be a full-blown township by looking at the rate of progress. What this stands to be right now is an amazing investment window. This price of land is destined to rise multiple folds in the coming years.
I’m just providing an example here. People must have already taken hold of that property by the time you are reading this, but that doesn’t mean that all the options are gone. Queensland has dozens of such land listings and as I write, more are bound to come up.
So, if you are looking for the cheap property then you can as well keep a look at Queensland.
Till now we have been talking about the more crowded states of the country where you can still find great deals on land. But now we are going to channel our inner miners and discuss the situation in Western Australia.
It is the largest state in Australia and still inhabits only 11% of the total population. Most of the people live in the south-western region of the state. Around 79% of the population of the state lives in Perth and the region surrounding it.
As you might already know, Perth is not only a crown jewel of Western Australia, but it’s also one of the most important cities in the whole continent. It is also the second most expensive city to live in.
We began the discussion of Western Australia with Perth because we needed to understand the situation. Now that the southwestern region is so overcrowded, the population and realtors are looking to move more towards the interiors of the state.
Of course, that boils down to one question. Whether or not there is some deal we should peek at? The answer to that is YES! Thousand times yes! Let me give you an idea with an example.
Image viaJosh Spires@drone_nr
Current Listing Example
And that simple example would be Quairading. It is just 2 hours of drive away from Perth and comes in close vicinity to the township of Badjaling.
You are also close to the town of Quairading where you can find a library, a swimming pool, and a supermarket.
That may not sound too much, but it is the promise that we are looking for. Of course, with this vicinity to prime townships and to Perth itself means that there are big projects on their way to revamp this town and build thousands of houses.
This 34 hectares of land in Quairading comes for only 21 cents a square meter. Compare that to $700 per square meter in Perth. And soon it’ll be like that. Of course, that’s why it’s such an exciting investment option.
Many of the new Australian cities started in a similar fashion. With little to nothing at first and then people flocking in to get cheaper accommodation. At this moment we are witnessing a very similar pattern.
So, that’ll be it. A brief of the condition in all the states regarding cheap or free land. These examples are all up for sales at the time of writing.
But we used these examples just to paint the picture of how attractive these investment opportunities are.
The situation is simple. As coastal cities are getting more crowded, people are swarming to the innards of the country. Because of that, the realtors and builders are building new settlement projects all over the place, which in turn means that the land prices will skyrocket in the coming times.
But, luckily, as of now, they are cheap and/or free. You just have to look for the opportunity and take it.
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Free Land In Australia | Where Cheap/Free Land Can Be Found? ›
A town in Australia's Queensland is giving away free land via government grants in a bid to boost housing. The town of Quilpie, located about 873km from Brisbane, has around 800 residents and 46-council owned properties.Where is land cheap in Australia? ›
Cobar – a base metals and gold mining town in central-west New South Wales – is the cheapest place to buy farm land in Australia, according to the 2021 Rural Bank Farmland Values Report.How much does land in Australia cost? ›
In the nation's most expensive city, Sydney, the median price for a square metre of vacant land is nudging $1000, while in the next most expensive city, Perth, it's a tick over $700, according to research by the Housing Industry Association.Can I buy land in Australia? ›
Yes, foreign residents, temporary residents, and short-term visa holders are allowed to buy investment properties and residential real estate in Australia, provided that they're granted permission to do so by the Foreign Investment Review Board.How much land is vacant in Australia? ›
The figures from the Australian Bureau of Statistics show up to 11.2 per cent of properties are now unoccupied, up from 9.8 per cent in 2006.Can you buy abandoned houses in Australia? ›
Although not that common, buying abandoned houses in Australia is possible.Can I buy a farm in Australia? ›
A foreign citizen can buy Australian farmland. Anyone can buy agricultural land for up to AUD 15 million (Australian dollars). Once an individual owns farmland worth AUD 15 million, he or she must obtain approval from the Foreign Investment Review Board before purchasing more land.How much does a house in Australia cost? ›
|Mean price ($'000)|
The median price per hectare of Australian farmland increased by 12.9 per cent in 2020 to $5,907 per hectare.How much is a acre of land in Australia? ›
Elders' latest Rural Property Update shows price per hectare continued to rise in the last quarter of 2021, with the national median price per hectare increasing by 3.6 per cent. Year on year the rise was 18.4 per cent. The national median price of farm land is now $7635 per hectare or $3091 an acre.
How can I get Australian residency? ›
You can become a permanent resident of Australia by applying for and being granted a permanent visa that allows you to remain in Australia indefinitely. The most common permanent visas include some skilled work and family visas. To find a visa that suits your needs explore visa options.Is it hard to buy a land in Australia? ›
Typically you need to be a permanent resident or citizen to buy property in Australia and many of the available home loans also require you to be Aussie. But don't fret, foreigners can still buy: the property needs to be categorised as an investment and you need to get government approval.Can I get PR if I buy property in Australia? ›
No, buying a property in Australia does not secure someone Permanent Residency. You must invest at least AUD2. 5 million. Even when doing so, you'll only get a provisional visa, i.e. temporary residence.How many empty houses are in Australia? ›
According to figures from the 2021 census, one million Australian homes — 10 per cent of the housing stock — were unoccupied on census night last August.Why are there not enough houses in Australia? ›
As inflation begins to put Australia in a chokehold, matters have only intensified. People who can't afford to buy a home have been forced to flood the rental market, which has in turn put immense pressure on rental housing supply and availability, and driven prices up.Why are there so many empty houses in Australia? ›
“There are a number of reasons for that vacancy rate, but a lot of that is because people have multiple homes. And these are holiday homes in areas where people are living in caravans because bushfire and flooding has sent them out of their homes.”Who owns land in Australia? ›
Despite the belief held by many Australian landholders that they own their land absolutely including anything above or below it, due to the Doctrine of Tenure, the law in Australia holds that the Crown has absolute ownership - not withstanding any native title claims.Can foreigners buy land in Australia? ›
Can foreigners buy property in Australia? Yes. Non-Australians can buy property in Australia as investments. In Australia, foreign property purchases are regulated by FIRB (meaning foreign buyers must apply for approval through the FIRB before buying residential real estate) and there are limitations in place.Can I buy abandoned property? ›
But does this mean you can purchase an unoccupied or abandoned property? The answer is yes, you can. However, purchasing an unoccupied and abandoned property may not be as straight forward as purchasing an occupied residential or commercial property.Can I buy a mountain in Australia? ›
Buy your own private MOUNTAIN: Peak with breathtaking views, caves and bushland goes on sale for $620,000. An entire mountain in Queensland is up for sale for a mere $620,000, with the plot of land cheaper than an average house in Brisbane.
Where is the best farming land in Australia? ›
- Atherton Tablelands, QLD. Up near Cairns in Far North Tropical Queensland, the Atherton Tablelands is home to a wide range of Australia farm work opportunities. ...
- Bowen, QLD. ...
- Ayr, QLD. ...
- Stanthorpe, QLD. ...
- Griffith, NSW. ...
- Mildura, VIC. ...
- Tamar Valley, TAS. ...
- Margaret River, WA.
For Australia as a whole, average farm cash income for all broadacre farms is projected to increase by 34% in 2021–22—from $208,000 per farm in 2020–21 to $278,000 per farm in 2021–22.Is there unclaimed land in Australia? ›
One of the more interesting unclaimed property regulatory structures is home to Australia, where the federal government, two territories and six states maintain unclaimed property statutes.How much is an acre of land worth in Australia? ›
Elders' latest Rural Property Update shows price per hectare continued to rise in the last quarter of 2021, with the national median price per hectare increasing by 3.6 per cent. Year on year the rise was 18.4 per cent. The national median price of farm land is now $7635 per hectare or $3091 an acre.Can you live off grid in Victoria? ›
Is it illegal to live off the grid in Australia? No, it's not illegal to live off the grid in Australia. If a homemaker wishes to operate independent of the national energy grid, it is completely possible – whether they live in a tiny home that is transportable, or a self-sufficient home on a block of land.How much does it cost to buy a farm in Australia? ›
According to REA Group, buying farm land that can generate a profitable business is going to cost you between $500,000 and $1.5 million.How do I claim abandoned land? ›
- 'Factual' or exclusive possession of the land. ...
- 'Intention to possess' the land, shown by a combination of 'factual' possession and other actions to exclude all others from ownership;
- Possession of the land without consent.
You cannot purchase land owned by the government in the country if it is designated for road construction in future. Nonetheless, you can approach the authority concerned by communicating your willingness to purchase land.Can you claim land if you look after it? ›
Proof of possession – You need to demonstrate that you have enjoyed uninterrupted factual possession of the land for the minimum time period. In order do show this, you will need to evidence a sufficient degree of exclusive physical control over the land.How much is farmland in South Australia? ›
The median price per hectare of farmland in South Australia rose by 10.9 per cent to a record $5,482 in 2020 following rises of 18.4 per cent and 17 per cent in 2019 and 2018 respectively, according to the latest Rural Bank Farmland Values Report.
How much is an acre on a farm worth? ›
The United States farm real estate value, a measurement of the value of all land and buildings on farms, averaged $3,380 per acre for 2021, up $220 per acre (7.0 percent) from 2020. The United States cropland value averaged $4,420 per acre, an increase of $320 per acre (7.8 percent) from the previous year.How much does an acre of land cost? ›
How Much Does an Acre Cost? The price per acre of a parcel of land will vary by geographic location. A 2015 study by the US Bureau of Economic Analysis estimated that the average cost per acre in the lower 48 United States is $12,000. This average price per acre is not uniform throughout the nation, however.