Revealed: Victoria’s cheapest block of land for sale for less than 50k

Want to get more bang for your buck? Consider a tree change in country Victoria where you can grab a block of land for as little as $19,000.

With interest rates and the cost of living skyrocketing, people are on the hunt for bargains — and that means going regional.

Rural Ray White agent Brett Driscoll said he had seen a huge increase in the demand for regional and rural property over the past few months.

“Of all the properties sold in January (minus one), they were only on the market for a week or two,” Mr Driscoll said.

“There were several offers for most of the properties and some over the top of the asking price.”

The appeal to moving to the country isn’t just for the tranquillity — although that’s a plus — but buyers get more bang for their buck and can build their dream home for a fraction of the price.

“The fact is you get a lot more land out here. Most blocks are a quarter acre or 1600sq m, which is just under half an acre; that’s a lot more land at a cheaper price,” Mr Driscoll said.

“I know some people who have bought in an estate in Melbourne for $400,000 and then they have to build on top of that.

“For that price someone can buy block of land, build their absolute dream house and not be restricted out here like you would in the city. And you have very few neighbours, which is also a pretty big draw card.”

Check out the list of some of the best deals on offer of land for under $50,000.

A township-zoned plot at 20 Bishop St in Nandaly offers the chance to build your dream home and then some, with plenty of room leftover for a shed, large lawn area, garden or even a pool.

For only $19,000 this block is only a short 30 minute drive to Ouyen and 20 minutes to Sea Lake.

Even closer is the Nandaly Community Hotel, tennis club, playground and golf course — plus first home buyers could snag a $10,000 government grant.

Next door, 22 Bishop St is also on the market and has been dubbed “Australia’s cheapest block” by listing agent Mr Driscoll.

Grab this 1012sq m property for $19,000 — about $18.77 per sq m — and live among the idyllic location on the outskirts of Lake Tyrell.

A 100sq m residential plot at 3 High St in Watchem is up for grabs for $45,000.

The flat and level land is the perfect place to build your dream home with power and water sources close by.

The new buyer could enjoy all the benefits of a quiet country life in the small Mallee town with a lake nearby for swimming, camping, skiing and fishing.

1 High St is also for sale for the same price of $45,000.

Watchem is the small town between Birchip and Donald on the Sunraysia Highway, so access to this part of the world is straight forward.

This land is much like its neighbouring site and offers the perfect opportunity for the future owner to build a house.

A power sources is available on the nature strip and water access can be found across the road — a septic tank will need to be installed for sewerage waste.

French Island lots are up for grabs for as little as $34,950.

The four lots will take a bit of work to be cleared, but they boast access to the road with one lot coming with its own private bush retreat.

Just 243km from Melbourne sits a 782sq m block of land for only $20,000.

Adjacent to the Avoca River, this Coonooer-Gower Rd block has underground electricity and is ready to be converted into an oasis.

On the edge of Speed’s sporting complex sits a 1600sq m block of land for $39,000.

Approximately 20m wide and 80m long this land is waiting to become your rural dream home, with plenty of room for a shed, pool or outdoor entertainment space.

With a post office and service station available only a stone throw away in Speed, a simple lifestyle awaits and is only a 40 minute drive away from the larger town of Ouyen and an hour and a half to Mildura.

Residential land in Nyah West is up for grabs for $41,000 at 28 Donald St.

Approximately 25 minutes from Swan Hill sits this plot of land with a school and shopping centre only a short walk away.

A private patch of wilderness, about 1081sq m, offers an opportunity to be a weekend getaway for camping — a restrictive overlay is on the land, but building inquiries can be made with the Shire of Yarra Ranges.

Priced at $40,000 - $44,000 the block at 41 Hillcrest Rd Don Valley won’t be on the market for long.

Lot 78 on Mahrong St in Lascelles has been reduced to only $24,000.

The farming zoned block can be accessed by a dirt road and has priceless views over the district.

A country escape in Crymelon is an opportunity for a person to grab this rural block with frontage to the Warracknabeal Rainbow Rd and is only 20km from Warracknabeal.

The block has no power or water, although a power line runs through the property.

The plot was previously used for horses — and comes fully fenced with a with a round yard for training — as well as an old Baptist church.

Forty-eight-thousand dollars will get you 12 Newry St at Watchem which boasts a 20.2m frontage and a 50m depth and can be accessed via a bitumen street out the front or the rear lane behind the property.

This township zoned block has water running through the front of the property and has power across the road — sewerage would need to be dealt with by septic tank.

The town’s rates are another plus, being only $355.55 per annum.

In Jeparit, you could own a 1043sq m plot of land for only $45,000.

Situated on Wimmera St, this vacant block of land is only a few steps away from the scenic Wimmera River.

This parcel of paradise is ready for the new owner to build a dream home a weekend getaway.

The block has no service connected, but all are available for installation and the property can be accessed through the side and rear lanes.

Similarly in Goroke is a block of land ready to be built on at 10 Barrack St.

With about 20m of frontage and a depth of about 60m the block lends itself to all sorts of builds and comes with access to water, electricity and sewerage.

A short distance from the town centre of Rainbow is a vacant block at 20 Railway St, with a $39,000 price tag.

The town's amenities include West Wimmera Health Service, Rainbow community pharmacy, IGA express, Rainbow P-12 College, Eureka Hotel and an abundance of community groups.

Another 15km away is Lake Hindmarch which boasts scenic camping areas and Lake Albacutya is only a 10-minute drive from the property.

If you’re after a more transient lifestyle, the farming land at 14 Butt St in Korong Vale is available for $37,000.

Park your mobile home on this 1016sq m block of land and live among nature — only 10 minutes from Wedderburn — and become part of the small 200-person community.

47 Roy Street, Jeparit is on the market for $29,000. Picture: realestate.com.

For $29,000, 47 Roy St in Jeparit could be the perfect place to build a retirement villa with 400sq m to play with.

A 1000sq m ready-to-build plot of land at 29 Phillips St in Beulah is up for grabs for $40,000.

For $45,000 per lot, you could own lot one and three at 11 McKinley St in Casterton and be free to walk into the central business district from your country escape.

Escape the rat race of city life at lot 2 and 3 on Swanston St in Harrow with local amenities a short walk away.

Both lots are on sale for $30,000 and will make for a peaceful and simple lifestyle.

For $45,000 a pop it’s the perfect escape with two blocks of land on the market at lot 1 Dullard Road, Terrick East and 18A Millar Road, Mitiamo.

Plant some veggies, add a water tank and shed as well as some solar panels and find yourself living self-sufficiently only 50km from Echuca.

Lot 1 on Dullard Rd in Terrick East boasts 4044sq m while 18A Millar Rd in Mitiamo offers 9699sq m.

In the quaint country town of Dimboola awaits the perfect opportunity to build a quiet lifestyle with lot 10 on Whitton St on the market.

For $45,000 the potential buyer could call this place home and will be only 30 minutes from the city of Horsham.