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
AI

AI summary

It's possible to find freehold properties for less than the cost of a typical house deposit. Our list of NZ's cheapest properties includes houses, apartments, and land, with some asking under $100,000.

These bargains are often significant "do-ups" or come with caveats like coastal erosion or being earthquake-prone, so thorough due diligence is essential. Opportunities can be found in regions like Buller, Southland, and the Coromandel, offering a unique path to property ownership for determined buyers.

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