Property is on the market for just $50,000, but it's just a 'shell' of a home

A home for sale in New South Wales is either a bargain or overpriced, depending on which way you look at it.

The property at 193 Wills Street in Broken Hill is on offer for just $50,000, but only the “shell” of the house remains.

Once a stone and brick family home, the property has “suffered extensive fire damage”, as stated on the listing by Century 21 McLeods Broken Hill, and requires a “complete rebuild or demolition”.

Very little of the home remains with a “large portion” of the roof having collapsed.

193 Wills Street, Broken Hill, New South Wales
See photos of the listing here

SOLD - $50,000

193 Wills Street, Broken Hill NSW 2880

3

1

2

View property

What can be viewed on the listing is the property’s exposed wooden frame and insulation, along with boarded-up windows, loose corrugated iron, fire-damaged walls and mounds of rubbish by what was once the front door.

However, there is space for three bedrooms, a lounge room, kitchen and bathroom.

Potential buyers are encouraged by the agents to “carry out their own investigations” prior to registering interest.

The property will be sold through Openn Offers, an online real estate platform where real-time digital transactions are made.

Domain’s latest data reveals the median price for a three-bedroom home in Broken Hill is $175,000.

Broken Hill is one of Australia’s most famous outback towns, known for its mining history.

Located in far-west New South Wales, it has a population of 17,822 and an average age demographic of 60 and above.

Four other properties for sale in Broken Hill, New South Wales

324 Kaolin Street
See photos of the listing here

$549,000

324 KAOLIN STREET, Broken Hill NSW 2880

5

2

7

View property

574 Radium Street
See photos of the listing here

SOLD - $300,000

574 Radium Street, Broken Hill NSW 2880

4

1

4

View property

226 Knox Street
See photos of the listing here

SOLD - $340,000

226 Knox Street, Broken Hill NSW 2880

4

2

2

View property

6 Wolfram Street
See photos of the listing here

SOLD - $165,000

6 Wolfram Street, Broken Hill NSW 2880

3

1

1

View property