The tiny houses you can snap up for less than the cost of a car

A savvy Melbourne enterprise selling tiny homes for a pocketful of cash could be the answer to Sydney and Melbourne’s housing crisis. 

Social enterprise Nestd – a branch of youth homelessness charity Kids Under Cover – has created compact homes that offer an affordable entry in the market for new homeowners.

The tiny houses, priced from as little as $35,000, are up for grabs in Melbourne – but there’s a catch.

(Pictured) A social enterprise selling tiny homes for as little as $35,000 could be the answer to Sydney and Melbourne’s housing crisis

'For people our age, it's also not affordable to keep living in the city but we have to for work and there's all of these tricky factors,' Miss Nobel said

It works by the small units being bought and installed in a homeowner’s backyard and operating like a sort of granny flat arrangement. (Pictured) is another small house company’s design Tiny House Listing, with a similar concept

The tiny home models on the market

Melbourne social enterprise Nestd is offering five different tiny home models.

The Studio- 19sq m, kitchenette, one-bedroom, bathroom. Price: $35,000

The Loft – double-storey, two bedrooms, bathroom. Price: $95,000

The Peak – built-in kitchen, seating areas, bed, bathroom. Price: $139,000

The small unit come delivered in a flat-packed delivery which is installed in a backyard, like a sort of granny flat arrangement.

Buyers also have the option of getting the tiny homes constructed before being transported to the site.

The tiny homes are ‘a viable choice for Australian homeowners wanting to make the most of their existing backyard space,’ Nestd managing director Kieran Callan said in a statement. 

‘Whether that’s keeping older family members at home in comfort for longer, providing respite for growing young adults, or creating a new business space or a holiday rental,’ he added.

The small unit (pictured) come delivered in a flat-packed delivery which is installed in a backyard, like a sort of granny flat arrangement

The small unit (pictured) come delivered in a flat-packed delivery which is installed in a backyard, like a sort of granny flat arrangement

(Pictured) The Loft designed by Grimshaw architects. Nestd's mid-range model 'The loft' is a two-level home with two-bedrooms and a bathroom that's on the market for $95,000

(Pictured) The Loft designed by Grimshaw architects. Nestd’s mid-range model ‘The loft’ is a two-level home with two-bedrooms and a bathroom that’s on the market for $95,000

It also allows people who would be otherwise be unable to enter the housing market, like first homeowners and young people, to buy a home for a fraction of the price.

The most affordable model is a one-bedroom studio that is 19sqm – featuring a self-contained bathroom and kitchenette – for $35,000.

Mid-range model ‘The loft’ is a two-level home with two-bedrooms and a bathroom that’s on the market for $95,000.

The tiny homes are a viable choice for Australian homeowners wanting to make the most of their existing backyard space, Nestd managing director Kieran Callan said. (Pictured) is another small house company's design Tiny House Listing, with a similar concept

The tiny homes are a viable choice for Australian homeowners wanting to make the most of their existing backyard space, Nestd managing director Kieran Callan said. (Pictured) is another small house company’s design Tiny House Listing, with a similar concept

Tiny homes are a viable choice for existing Australian homeowners to make the most of their existing backyard as well as allow new buyers enter the market for a fraction of the price. (Pictured) is another small house company's design Tiny House Listing, with a similar concept

Tiny homes are a viable choice for existing Australian homeowners to make the most of their existing backyard as well as allow new buyers enter the market for a fraction of the price. (Pictured) is another small house company’s design Tiny House Listing, with a similar concept

Mr Callan said the homes can be bought for any venture.

‘They could be used as teenage retreats, granny flats for elderly parents, home offices, yoga studios, Airbnb rentals or first homes,’ he told realestate.com.

While the homes can cost as little as a cost of a small car, Mr Callan said potential  buyers should budget $15,000-$30,000 extra for permit and installation costs. 

All profits from every Nestd home sold is given to the charity Kids Under Cover which aims to tackle youth homelessness.

It also allows buyers who would be otherwise be unable to enter the housing market, like first home-owners and young people, to buy a home for a fraction of the price 

It also allows buyers who would be otherwise be unable to enter the housing market, like first home-owners and young people, to buy a home for a fraction of the price 



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