Top 3 Under $350,000 - Affordable Southland Homes Worth a Look - April 2026 - Live Listings
The feeling of owning your own place is hard to beat. These three Southland properties show that stepping onto the property ladder is still possible, even on a tighter budget.
If you are tired of paying rent and wondering if ownership is still within reach, Southland remains one of the places in New Zealand where affordable buying opportunities can still exist. At Todd 7 Co Realty, there are homes listed on the market right now under $350,000 that offer genuine value for first-home buyers, practical buyers wanting a quieter lifestyle, and investors looking for lower entry points.
We have hand-picked three standout properties from Todd & Co Realty’s current Southland listings. Each one offers something a little different.
Offers Over $150,000 3 Bed • 1 Bath • 1 Garage • 120 m² Floor • 1,958 m² Land
BEST ENTRY PRICE 14 HALF MILE ROAD TUATAPERE
If your goal is simply to get onto the ladder at the lowest possible price, this one is hard to ignore. A three-bedroom home on a large freehold section for this money is rare, and there is clear upside for a buyer with vision and a bit of energy. The home already has some practical comforts in place, including a log burner, heat pump, HRV system and ceiling insulation, so the foundation is there.
The section is a big part of the appeal. With established native planting, fruit trees and space for vege gardens or a few hens, this could suit someone wanting a more self-sufficient lifestyle, a first-home buyer comfortable with some cosmetic work, or even a retirement project with privacy built in. Being within walking distance to the local school, supermarket and medical centre adds to the practicality.
Open Home: Contact Agent for Viewing
Agent: Melanie Muldrew | 021 068 5262
Offers Over $310,000 3 Bed • 1 Bath • 1 Garage • 130 m² Floor • 733 m² Land
BEST READY TO ENJOY 31 PALMER STREET BLUFF
For buyers who want an affordable home without taking on a major project straight away, this Bluff property stands out. It is tidy, practical and already set up for everyday living with open plan living, a heat pump, a sun porch, separate laundry and toilet, plus a fenced section and garage. That makes it an attractive option for first-home buyers who want to move in and get settled without a long list of immediate jobs.
There is also investor appeal here. The insulation certificate is available, and the current tenant is keen to stay on if possible, which could make this an easy addition for someone looking at rental income. Handy to the school and town centre, it offers a good balance of affordability, convenience and liveability.
Open Home: Get Open Home Times
Agent: Hughie Brierley | Clare Heslin | 0800 48 44 43 | 021 222 1339
Offers Over $235,000 2 Bed • 1 Bath • 1 Carport • 80 m² Floor • 1,012 m² Land
MOST CHARM FOR THE MONEY 14 MILTON STREET OHAI
This is the sort of property that will appeal to buyers wanting something affordable, private and easy to enjoy. The home has been refreshed in the right places, with a brand new bathroom, new carpets, new curtains, neutral paintwork and a new wet jacket wood burner. It is compact, but the layout makes good use of the space, and the open plan kitchen, dining and living area feels brighter and larger than you might expect.
Set on an easy-care section with a garage and wood sheds, this Ohai home could suit a first-home buyer wanting a tidy start, a downsizer after something manageable, or someone simply wanting a quieter pace of life. The township has a close-knit community feel and good access to the outdoors, which adds another layer of appeal for buyers wanting value beyond the house itself.
Viewing: Contact Agent to Arrange an Appointment
Agent: Melanie Muldrew | 021 068 5262
How to Get Started
If one of these properties has caught your eye, the next step is to get clear on your budget and your buying position. That usually means speaking with your bank or mortgage broker first, understanding what deposit you have available, and deciding what type of property suits your lifestyle and goals.
From there, we can help you narrow the field. Whether you are buying your first home, looking for a lower-priced investment, or moving out of town for a different lifestyle, our team can guide you through the process and help you focus on the right opportunities. You can also browse more Southland property listings or see what is coming up in open homes across Southland.
Ready to Stop Renting?
Affordable homes in Southland do still exist, but the better opportunities tend to attract attention quickly. If you are serious about making a move, now is a good time to start the conversation.
And if you are on the other side of the equation and thinking about selling, this end of the market can be active when a property is priced and positioned properly. A free property appraisal is a smart first step if you want to understand what your home could achieve in the current market.
Frequently Asked Questions: Affordable Properties in Southland
Can I really buy a home in Southland under $350,000?
Yes, there are still opportunities in Southland at this price point, especially in towns outside central Invercargill. Bluff, Tuatapere and Ohai can all offer lower entry prices for buyers prepared to look a little wider.
What does “Offers Over” mean?
“Offers Over” means the seller has indicated a guide price and is inviting offers above that level. It does not always mean the property will sell to the first buyer who meets that figure, but it gives you a starting point for where expectations sit.
How much deposit do I need in NZ?
That depends on your lending situation and whether you qualify for any first-home support. In many cases, buyers aim for a 10% to 20% deposit, but it is best to speak with your lender or broker about what applies to you.
Can I use KiwiSaver for my first home deposit?
Many first-home buyers in New Zealand can use their KiwiSaver towards a qualifying first home purchase, provided they meet the rules. Your lender, solicitor or KiwiSaver provider can help you confirm what is available to you.
What ongoing costs should I budget for?
Aside from mortgage repayments, you should allow for rates, insurance, power, maintenance and any improvements you may want to make after purchase. If you are buying an older or lower-priced property, it is wise to budget for a few early repairs as well.
How do I book a viewing?
The easiest option is to contact the listing agent directly through the property listing, or get in touch with our team and we can help arrange a viewing time that suits.