With the property prices in big cities continuing to escalate, it may feel like getting a foot in the market is but a far-flung dream. So to reassure you that there are still some good options out there, we tell you what real estate you can buy with $250,000.

From Sydney’s infamously pricey studios, to Darwin and Cairns, where you can get a spacious two-bedroom apartment for the same price, we size up the cities and show you where you’re getting the most bang for buck.

Sydney

Studio – One Bed, One Bath

30m²

$250,000

Sydney’s prices this year are the highest they’ve been in almost two decades. So we understand that this chunk of change will only get you a smaller apartment. But it’s very well located, and comes with an impressive array of amenities like a heated pool and a rooftop barbecue area.

Melbourne

*Sold

Studio

TBD

$239,000

Lovely views from the 27th floor, city living, and right across a park, this little studio is great for those wanting convenience. A Murphy bed gives you that extra bit of space in the day to bring in a moving desk or even dining table.

Brisbane

One Bed, One Bath

TBD

Between $200-$250,000

This ground floor apartment is simple, sunny and just 4km from the CBD. You’re also close to public transport and lots of neighbourhood amenities.

Perth

One Bed, One Bath

54m²

$249,000

We’re definitely getting a lot more space in Perth and not losing out on the central location. There’s a full separation of the living and kitchen areas as well as a larger bedroom.

Adelaide

One Bed, One Bath

TBD

$250,000

Central, cosy and spacious for a one-bedroom, this Adelaide city home seems like quite a steal. A little balcony offers that extra allure, as well as spa-style facilities in the building.

Gold Coast

One Bed, One Bath

55.6m²

Between $200-$250,000

Surfers Paradise nook? This is pretty much it! A bright one-bedroom with the beach just a few minutes drive away.

Hobart

Two Bed, One Bath

93m²

Offers over $229,000

Two spacious bedrooms are the draw with this centrally-located apartment. And we’re well below the average price for a 2-bedroom in the area ($350,000).

Cairns

*Sold

Two Bed, One Bath

TBD

Between $200-$250,000

We chose this property for its tropical feel. The pool is landscaped with holiday-reminiscent foliage and is nested in the middle of an 11-acre garden. You’re also only a short drive away from prime locations like the Esplanade and Botanic Gardens.

Darwin

Two Bed, One Bath

60m²

$249,000

This light and airy 2-bedroom is instantly inviting. Conveniently situated on the outskirts of the CBD, the building also features a shared pool and large outdoor entertaining areas.

And if any of these little gems tickles your fancy, make sure to read up on our house inspection advice.

Browse Soho’s search page to check out other similar ones available right now. But don’t just stop there, download our app to get the full Soho experience. Just remember to shortlist or swipe left on our listings so we can send you others that better match what you’re looking for. 

You can increase the value of property with minor maintenance and renovation work. Services such as residential painting, electrical and plumbing repairs can increase the profit of your affordable home greatly. 

We’ve also got awesome tips on how to create a more energy-efficient home (while saving some cash!).