The cheapest houses on the market across greater Adelaide

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The cheapest houses on the market across greater Adelaide capi 6a1bb7e5fe1b8824ad16c2a522f97c8f 0b2b0575146211188d164ce177f46efa

12 Hewitt Rd, Elizabeth South. Pic: realestate.com.au

Scrounging for cash just to get a foot on the property ladder?

While saving for a deposit is a walk in the park for some, most people feel like it’s a torturous crawl up struggle street.

We’ve found the cheapest houses on the market across greater Adelaide to lend prospective buyers a helping hand.

They are all in the northern suburbs, which has become a more popular areas to buy in recent years given the level of development and infrastructure upgrades.

The State Government’s multimillion-dollar Northern Connector, several new housing developments and the Playford Alive master plan are just a few big projects.

While these houses are a little rough around the edges, chief economist at realestate.com.au Nerida Conisbee said househunters should consider the benefits of renting them out before knocking them back.

She said the rental yield in the northern suburbs was 7.5 per cent on average – much higher than the 3.79 per cent national rental yield, according to CoreLogic data.

“You’d get a good rental yield in those suburbs,” she said.

“That part of Adelaide gets the highest yields of any capital city in Australia.

“It’s finding a good tenant, that’s probably the key.”

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12 Searle Rd, Davoren Park

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12 Searle Rd, Davoren Park. Pic: realestate.com.au

The three-bedroom house is top of the list with an asking price of $119,000 to $129,000.

It is on a 936sq m block and has a large shed in the backyard.

While it’s far from move-in ready, a fresh lick of paint, heavy-duty tools and some tender love and care will go a long way towards bringing it up to scratch.

Alternatively, demolish the site and start fresh.

The property is being sold at its land value with the potential to divide it into two or three sites.

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12 Searle Rd, Davoren Park. Pic: realestate.com.au

30 Birdbush St, Elizabeth North

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30 Birdbush St, Elizabeth North. Pic: realestate.com.au

This semi-detached residence is in slightly better nick than the Davoren Park property and it’s listed for the same price.

It has three bedrooms on one side of the house and an open kitchen, dining and living area with fireplace on the other.

Bright coloured walls, patchwork tiling and worn wooden floors can be found throughout – making it a renovator’s dream project.

The house sits on a 526sq m block that has a water tank in the backyard and established gardens.

It is close to Broadmeadows train station, as well as Elizabeth and Munno Para shopping centres.

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30 Birdbush St, Elizabeth North. Pic: realestate.com.au

17 Skewes St, Davoren Park

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17 Skewes St, Davoren Park. Pic: realestate.com.au

It doesn’t look like much from the street but step inside and you’ll be pleasantly surprised.

Fresh paint matched with sleek flooring and a renovated kitchen with black subway tiles give the two-bedroom house a modern style.

It also has a six-panel solar system to help keep electricity bills in check and two water tanks in the backyard.

On a 556sq m block, it has plenty of space in the front and back yards.

It is listed with a price guide of $125,000 to $135,000 and is currently rented at $180 a week.

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17 Skewes St, Davoren Park. Pic: realestate.com.au

12 Hewitt Rd, Elizabeth South

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12 Hewitt Rd, Elizabeth South. Pic: realestate.com.au

A tidy garden and well-maintained exterior give this brick house street appeal.

That appeal extends to the interior, where a beige colour scheme and wooden flooring are featured throughout.

The circa 1961-built house, which is on the market with a $129,000 to $139,000 asking price, has two bedrooms, an open dining and lounge room, and a patio.

While on a smaller block than some of the other houses on the list, its location makes it attractive to househunters.

It is close to Elizabeth South Railway Station, Elizabeth Shopping Centre, several schools and the Lyell McEwin Hospital.

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12 Hewitt Rd, Elizabeth South. Pic: realestate.com.au

6 Scott Rd, Smithfield Plains

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6 Scott Rd, Smithfield Plains. Pic: realestate.com.au

The semi-detached house, which was built in 1986, appears weathered outside but has been well-maintained within.

It sits on a 449sq m block and has three bedrooms, an open kitchen and dining area, and a separate living room.

It is also listed with an asking price of $129,000 to $139,000.

If the new owners want to use it as an investment property, they can hit the ground running as soon as the sale is inked.

They’ll be reaping the rewards instantly as the house is currently rented at $200 a week.

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6 Scott Rd, Smithfield Plains. Pic: realestate.com.au