Where you can buy on the beach for under $500,000

PHOTO: 37 Foreshore Road, Seaspray is one of the properties offering bargain buys. Photo: Real Estate Sale

Secret beachside locations usually only known to local buyers are now being uncovered by out-of-towners determined to snag themselves a bargain holiday home.

While homes with a seaside setting have set some of the biggest property price records across Australia, there are still some little-known coastline towns where property can be snapped up with a budget as small as $400,000.

But they may not be a secret for much longer.

Local agents say that since the coronavirus pandemic hit our shores, buyers looking to escape their smaller inner-city pads have been casting their search nets wider, stumbling across coastal spots they may have never even heard of before.

In Bramston Beach, about an hour south of Cairns in Far North Queensland, calls are coming in from residents of major cities like Sydney and Melbourne as soon as a property hits the market.

“Interest has just skyrocketed,” Cairns Property Office City’s Robyn Hawley-Whitton said.