Here’s what you could’ve bought for $600,000 over the weekend

Here's what you could've bought for $600,000 over the weekend. Source: Domain

With interest rates at a record low of 1 per cent, it’s a good time to enter the property market.

And if you were looking to do so over the weekend with a budget of around $600,000, here’s what you could’ve bought in each capital city just 10 kilometres from the CBD.

Sydney

10/328 Stanmore Road, Petersham, NSW

Sold: $659,000

1 bedroom, 1 bathroom

10/328 Stanmore Road, Petersham, NSW. Source: Domain

10/328 Stanmore Road, Petersham, NSW. Source: Domain

10/328 Stanmore Road, Petersham, NSW. Source: Domain

This 71-square metre Petersham apartment is just 9 kilometres from Sydney’s CBD. It’s spread over two levels, with lots of natural light and a generous living/kitchen area.

Melbourne

107/260-274 Lygon St, Brunswick East, VIC

Sold: $565,000

2 bedrooms, 1 bathroom, 1 car space

107/260-274 Lygon St, Brunswick East, VIC. Source: Domain

107/260-274 Lygon St, Brunswick East, VIC. Source: Domain

107/260-274 Lygon St, Brunswick East, VIC. Source: Domain

Close to trams, cafes, bars and restaurants, this Brunswick two-bedder sold for a reasonable price over the weekend.

Brisbane

6 Vista Street, Balmoral QLD

Sold: $650,000

3 bedrooms, 1 bathroom, 1 car space

6 Vista Street, Balmoral QLD. Source: Domain

6 Vista Street, Balmoral QLD. Source: Domain

6 Vista Street, Balmoral QLD. Source: Domain

A three-bedder on 607-square metres of land in Brisbane’s Balmoral sold for $650,000 over the weekend. It’s on an elevated block and can either be moved into or demolished for buyers to build their dream home.

Adelaide

23a Cranbrook Avenue, Magill SA

Sold: $600,000

3 bedrooms, 2 bathrooms, 2 car spaces

23a Cranbrook Avenue, Magill SA. Source: Domain

23a Cranbrook Avenue, Magill SA. Source: Domain

23a Cranbrook Avenue, Magill SA. Source: Domain

This modern, open-plan home in Adelaide’s inner west sold for $600,000 over the weekend. It boasts a big backyard with plenty of space for kids and pets.

Canberra

37 Salsola Street, Rivett ACT

Sold: $604,000

3 bedrooms, 1 bathroom, 1 car space

37 Salsola Street, Rivett ACT. Source: Domain

37 Salsola Street, Rivett ACT. Source: Domain

37 Salsola Street, Rivett ACT. Source: Domain

You’d have to head a little further out from Canberra’s CBD to find an affordable home.

This 1,015-square metre home in Rivett, which is around 16 kilometres from the CBD, features three big bedrooms with built-in robes and a great outdoor entertaining area.

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