Clifford Wren

Outback NSW home sells for just $35,000, while some vacant blocks go under hammer for $1

PHOTO: Real estate agent Clifford Wren says there was a good turnout from both locals and out of towners at the auctions. (ABC Broken Hill: Saskia Mabin)

Getting into the property market as a first home buyer might seem like a daunting venture, but in outback New South Wales it can come as cheaply as $150.

More than 80 properties went under the hammer across the far-west of New South Wales last week, with the most expensive purchase selling for just 3 per cent of Sydney’s median house price.

Multiple vacant landlocked blocks sold for a single dollar each.

“That was just the bid that we got and there was no reserve, so they just got sold for a dollar,” real estate agent Clifford Wren said.

“It was pretty pointless to the general person to [buy them] … so these landlocked properties were sold to the neighbouring station owners.”

Central Darling Shire sign
The land for sale was dotted around outback New South Wales in Wilcannia, Ivanhoe, Menindee and White Cliffs.(ABC News: Gavin Coote)