Coastal cottage and riverfront shack among Australia’s cheapest homes

A riverfront property with subdivision potential and a coastal cottage just footsteps to the foreshore were among the cheapest properties to sell in the past month. But the brave buyers have a massive task ahead of them, with termites, fire and structural damage among an extensive list of issues to tackle, with many of the cheapest properties snapped up on as 'as is' basis - often for less than land value.A coastal lifestyle is possible for a bargain in towns like South Australia's Kingscote, but buyers will often need to roll up their sleeves. Picture: realestate.com.auSales data from realestate.com.au has revealed where homes were snapped up for as low as $65,000 in July, just a fraction of the national median home value, which sits at $894,000, according to the latest PropTrack Home Price Index.But with historic homes built from Kimberley Colourstone and modern city apartments also making the list, buying a cheap home doesn't always mean sacrificing character or comforts.Jump ahead to see the cheapest property sale in July in:NSW Victoria Queensland South Australia Tasmania Western Australia Northern Territory ACT From homes with wild pigs to bee infestations, deceased estates a...