{"id":18944,"date":"2019-05-21T09:47:09","date_gmt":"2019-05-20T21:47:09","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=18944"},"modified":"2019-05-21T09:47:09","modified_gmt":"2019-05-20T21:47:09","slug":"thanks-to-the-property-downturn-some-houses-are-going-for-7000","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/thanks-to-the-property-downturn-some-houses-are-going-for-7000\/","title":{"rendered":"Thanks to the property downturn, some houses are going for $7,000"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0The $7,000 house in Hay.\u00a0<em>(Source: realestate.com.au)<\/em><\/strong><\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"31\">It ain\u2019t much to look at, but it\u2019d cost you less than a second-hand car.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" style=\"margin: 0px 0px 1em; color: #26282a; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial;\" data-reactid=\"32\">According to\u00a0<a href=\"https:\/\/www.realestate.com.au\/news\/property-downturn-serves-up-cheap-home-prices-as-house-sells-for-7000\/\" target=\"_blank\" rel=\"nofollow noopener\"><em>realestate.com.au<\/em><\/a>, a home on Murray Street in Hay, a town in NSW\u2019s south west, was the cheapest house sold this year at $7,000.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"33\">Sitting on 506 sqm, the dilapidated house has all been written off because it required so much work done, said real estate agent Therese Murphy.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" style=\"margin: 0px 0px 1em; color: #26282a; font-family: 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-style: initial; text-decoration-color: initial;\" data-reactid=\"34\">\u201cThe house was trashed and there were loose bricks everywhere,\u201d she told\u00a0<em>realestate.com.au<\/em>.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"55\">But the rock-bottom price worked \u2013 buyer interest surged after the house was listed under the four-digit figure.<\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\" data-reactid=\"56\">It\u2019s not the only house in Australia with discounted price tags \u2013 a number of other houses in Australia have been selling at eyebrow-raising prices that could give some first-home buyers a foot in the door.<\/p>\n<p data-reactid=\"56\">READ MORE VIA <a href=\"https:\/\/au.finance.yahoo.com\/news\/property-downturn-7000-houses-011813590.html\">YAHOO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0The $7,000 house in Hay.\u00a0(Source: realestate.com.au) It ain\u2019t much<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/thanks-to-the-property-downturn-some-houses-are-going-for-7000\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":18945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098730,478098512,478098521,478100836,478105260,478105259,478098519,478098535,478098556,478098513,478101743,478099125,478101994,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098509],"class_list":["entry","author-data123nz","post-18944","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auctions","tag-australia","tag-australians","tag-cheap-property","tag-discounted-price-tags","tag-hay","tag-home-ownership","tag-house-prices","tag-nsw","tag-property","tag-property-correction","tag-property-crash","tag-property-downturn","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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