Would you buy a property under $50,000 to renovate?

Don’t have much cash to splash but want to own your own property? Property Observer has found the five cheapest properties around the nation currently on the market, and although they need some work, we want to know if you’d grab a bargain to get your hands dirty.

This two-bedroom weather board period cottage (pictured below) in Woomelang is on the market for $39,000.

It has recently had some re-cladding in hardi plank and even has air conditioning but it is in need of a new kitchen.

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This three-bedroom home in Nhill (pictured below) is probably the most appealing of the five and is marketed as an ideal investment or development opportunity.

It features electric cooking, a comfortable sized living area and one bathroom.

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The cheapest of the bunch is this two-bedroom cottage (pictured below) in Norseman.

Situated on 647 square metres, the property features Jarrah floors, a single car garage and a patio, and has an asking price of only $25,000.

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This Pyramid Hill property is the most expensive out of the five, but is literally a shell with walls and a roof.

Comprising of two bedrooms, the property (pictured below) sits on a double block with some plumbing done and a new roof.

It is listed for $43,500.

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Last but not least, this two-bedroom home in the small gold mining town of Mount Magnet is on the market for $40,000.

Situated on 1,012 square metres, the property (pictured below) even comes with all the furniture in place – including the washing machine and the fridge.

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