Buying guide

The 10 cheapest freehold properties in NZ right now

Keen on a bargain?

Ben Tutty
Last updated: 7 April 2026 | 4 min read
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Searching for a property bargain? You can find freehold homes, apartments, and land on Trade Me for less than the cost of a typical house deposit.

Listings include:

- Do-up houses from $80,000 in regions like Buller and Southland.

- A compact Auckland CBD apartment for $119,000.

- Sections of land from just $50,000 in Gore.

These low prices often reflect the need for significant renovation or risks like earthquake-prone buildings, so thorough due diligence is essential.

The cheapest freehold houses in NZ

1. Buller deceased estate - Asking $80,000

2. The cheapest freehold home in NZ (and it’s beachfront) - Asking $99,000

3. Coromandel on a shoestring - Asking $100,000

4. Get your toolbox - Asking $109,000

5. What can you salvage? - asking $150,000

Apartments are generally the cheapest dwellings in NZ.

The cheapest freehold apartments in New Zealand

6. Freehold for the price of a carpark - Asking $119,000

7. Cuba Street character + Earthquake prone - BEO $150,000

The cheapest freehold land in NZ

8. Quarter acre in the Gore region - Asking $50,000

9. Fancy Nightcap? - Enquiries over $55,000

10. Corner site in Wairoa - Asking price $58,000

Find the cheapest houses for sale in New Zealand

Author

Ben Tutty Ben Tutty
Content Writer