Bargain buy in the Great Southern
This property in Ongerup could be one of the cheapest houses for sale in the Great Southern in recent years.
For just $47,500 you can secure a property in Ongerup with two bedrooms and one bathroom.
Albany REIWA chairman Barry Panizza said the house at 10 Lamont Street was a great opportunity for someone who wanted to live in a small regional town.
“The property looks like a reasonable home, the fact that it is in a rural WA town is probably what makes it cheap,” Mr Panizza said.
“There are less people living in those areas every year and a lot of the farms in the area are taken over by corporates so the workers end up living in houses on farms instead of in the small town.
“Ongerup is a great farming community and if you had the want to live there this would be a great buy.”
Ongerup has a population of 93 and there are 22 unoccupied dwellings in town and a total of 63 private dwellings.
According to REIWA, the median house price for the lower quartile is about $40,000 in Ongerup. Ongerup is 150km north-east of Albany.
The median house price in Albany is $527,000.
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