![]() Scotland is two-thirds the size of England with a population of just under six million and unlike their comparatively overcrowded neighbour to the south, the Scots enjoy a better land area to population ratio. Photo © Steven Brown (cc-by-sa/2.0) Buying Derelict Property for Sale in Scotland I’m somewhat ashamed to have started writing this piece thinking only of the amusement value of a cheap house, and not at all about the conditions that explain it.Home | UK Derelict Property | Derelict Property For Sale In Scotland There are huge opportunities for anyone looking to buy a derelict property in Scotland, from rural cottages to city houses. It’s easy sometimes to forget about the poverty. This is a country of extremes – not just of drought and flooding rains, but of wealth and poverty. (That figure takes the cheaper cost of housing into account.) Statistics show 13.1 per cent of people in rural and regional Australia live in poverty – a higher rate than in the capital cities. The alternative is a life of fewer opportunities. The decline of Australia’s agricultural sector and the boom of our service industries means kids born in regional areas will probably move to the cities. In Bundaberg, where our very cheap home is found, average earnings are $41,000. In Sydney, the most recent data shows average wages of $57,000 – nearly 25 per cent higher than in the rest of NSW ($46,000). In the country, wealth is harder to come by. In the cities, there are more rich people than you can froth a macchiato for. The answer is we live in a country where wealth is not evenly distributed. ![]() Why, I began to wonder, is housing so cheap in regional Australia? Here, I’m sorry to say, this story gets serious. Then I realised I wasn’t asking an important question. For a while I fantasised about living in sunny Queensland and never having to work again. It would buy you a used Ford Focus, eight nights in the Opera Deluxe suite at the Park Hyatt Sydney, or eight tickets to the AFL Grand Final (including a function the night before). ![]() The average worker makes $12,000 in eight weeks (before tax). To put this in context, $12,000 is just two per cent of the average Australian house price. The fees on a mortgage that small would be a massive fraction of it. Half of it is a permanent structure though so I think it counts. Childers Road Kensington Qld: the cheapest home we could find. I thought $20,000 or $25,000 for a place to live was as low as you could go.īut the absolute cheapest house I could find in all of Australia was this one, in Bundaberg, Queensland (right, below). The absence of interior shots in the listing tells the story. Like the home pictured right for $20,000 in Gulargambone, NSW.Įven the real estate agent calls it derelict. But living underground is what Coober Pedy is famous for. You might need some more fittings, but no need to invest in fly screens. That might not be an option if you are claustrophobic but there are cheap houses listed for sale that are even less liveable. Renovator’s dream/nightmare: lot 14 Warrie St, Gulargambone. 2012 Woolaston Road, Coober Pedy: needs work, but this home could be yours for $25,000. This is listed as a five-bedroom home in Coober Pedy, SA. There are some cheap “houses” out in the bush that might take even more getting used to. I went looking for them and I found examples like this house in Warren, NSW (right). For sale: $40,000 home up for grabs in Warren, west of Dubbo. There must be houses in this country that cost a lot less than the average, right? That’s how averages work. The reality of the housing market is very different outside capital cities – but we don’t hear so much about them. The Aussie ‘fascination’ wrecking the economy.Who’s afraid of a housing crash? Not these people.Home renovation costs skyrocket in Australia.
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