SOLD! QLD’s cheapest land sells for price of a TV

The sale prices of Queensland’s cheapest blocks have been revealed, with one going for the same price as a big-screen TV.

Queensland is Australia’s hottest property right now, taking in more people from interstate than every other state combined, but there are still blocks of land going for cheap.

Last year, the Courier-Mail highlighted the seven cheapest blocks of land, from Ipswich, to Russell Island to Julia Creek.

These slots are now sold, with one going for the price of a TV.

36 Hume Street, Russell Island

Listed price: $22,000

Sold for: $21,500

Size: 546 m²

Distance to Brisbane CBD: 50km

Population: 1,779

36 Hume Street sold for just under it's listing price. Courtesy: realestate.com

Trent Jamieson from LJ Hooker said prices on Russell Island have continued to go up since the pandemic, with the average price shooting up from around $25,000 to $35,000 to $40,000.

“It is still going wild, we sold 70 last month and the month before but the thing is the stock, the less stock the higher the prices, it is really exploding,” he said.

The property sold on October 4 last year.

71 Coyne Street, Julia Creek

Listed price: $15,000

Sold for: 12,000

Size: 1,012m²

Distance to Brisbane: 1600km

Population: 511

The 1,012m property sold in March for just $12,000, just $2000 more than what it was bought for in July 2012.

8 Rae Street, North Talwood

Listed price: $14,000

Sold for: $9000

Size: 1,012m²

Distance to Brisbane: 430km

Population: 165

8 Rae St in North Talwood sold for just $9,000. Courtesy: realestate.com

This vacant block based 90km west of Goondiwindi was last year listed for $14,000 but in November last year it sold for just $9000. Bargain!

Lot 1 Wilson St, Condamine

Listed price: $8000

Sold for: $5000

Size: 2,023 m²

Distance to Brisbane: 330km

Population: 384

Lot 1 Wilson St, Condamine sold for just $5000, the price of a TV!

This property was snapped up by a group of mates who are using the property as a little spot for hiking, camping and fishing, their own private man-scape.

A pretty good deal for the price of a decent TV.

Lot 543, Canoona Street, Yaamba

Price: $5500

Sold for: Unknown

Size: 3,035 m²

Distance to Brisbane: 650km

Town Population: 62 people

This property has been listed as off market.

27 Pine Street, Kalpowar

Price: $14,000

Sold for: $14,000

Size: 870 m²

Distance to Brisbane: 430km

Population: 67

This property is the only land of the seven that sold for the asking price, which it did on October 6, 2020.

It is close to the national forest, a decent drive from Gladstone, Bundaberg and Agnes Waters and even has a shed.

It was sold for $7000 in 2004.