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Why some Australians are spending $100,000 on a camper van instead of a house

Why some Australians are spending $100,000 on a camper van instead of a house as property prices continue to soar

  • Near new motorhome can be yours for a fraction of what it costs to buy a house
  • A brand new Volkswagen Transporter campervan costs less than $100,000
  • A small secondhand Fiat Ducato costs $50,000 but it only sleeps two people
  • An Isuzu truck-based Avida Longreach costs more than $300,000, sleeps six 

Australians can have a water view in style for a tenth the price of a typical Sydney house if they buy a home with four wheels.

Sydney’s median house price surged by another 2.8 per cent in April to an even more unaffordable $1.147million – a level beyond the reach of an average-income earner on $89,000 a year, CoreLogic data showed. 

For that price, it’s possible to buy a house at Merrylands in the western suburbs – but it’s 31km from Bondi Beach. 

Australians can have a water view in style for a tenth the price of a typical Sydney house if they buy a home with four wheels. For $94,990 drive away, an aspiring traveller can buy a 2021 model Volkswagen Transporter converted into a camper than sleeps four people

Australians can have a water view in style for a tenth the price of a typical Sydney house if they buy a home with four wheels. For $94,990 drive away, an aspiring traveller can buy a 2021 model Volkswagen Transporter converted into a camper than sleeps four people

Being a waterfront home or anything near the beach is even more unattainable with regional house prices soaring too, especially in Byron Bay.

But those buying a motorhome can live right near the beach, or a different one each night, for a fraction of the price.

For $94,990 drive away, an aspiring traveller can buy a 2021 model Volkswagen Transporter converted into a camper than sleeps four people.

That is slightly cheaper than a $98,000 Broken Hill house in the far west of NSW – 827km from the ocean.

That is slightly cheaper than a $98,000 Broken Hill house in the far west of NSW - 827km from the ocean

That is slightly cheaper than a $98,000 Broken Hill house in the far west of NSW - 827km from the ocean

That is slightly cheaper than a $98,000 Broken Hill house in the far west of NSW – 827km from the ocean

Those on a budget can pick up a 2016 Fiat Ducato for a shade under $50,000 which had 59,243km on the clock and sleeps two people.

At the other end of the spectrum, seven and eight-metre long Iveco motorhomes cost upwards of $200,000, rising to $323,000 for a nine-metre-long Avida Longreach based on an Isuzu N-series truck that sleeps six.

That price is more than Darwin’s median apartment price of $309,181 but despite that, Avida Longreach has a waiting list stretching until August, as the ban on overseas holiday travel encourages Australians to seek a local adventure.

Those on a budget can pick up a 2016 Fiat Ducato for a shade under $50,000 which had 59,243km on the clock and sleeps two people

Those on a budget can pick up a 2016 Fiat Ducato for a shade under $50,000 which had 59,243km on the clock and sleeps two people

Those on a budget can pick up a 2016 Fiat Ducato for a shade under $50,000 which had 59,243km on the clock and sleeps two people

Caravans, however, have had quality issues with the Federal Court fining Jayco $75,000 for misleading consumers about their rights. 

A judge accepted the Australian Competition and Consumer Commission’s argument a customer was entitled to a refund or a replacement, and not just a repair, if there were major faults.

The court found Jayco caravans bought by four customers were of poor quality, including water leaks when it rained and multiple roof collapses. 

The ACCC first launched legal proceedings against Jayco in November 2017. 


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bourbiza

Bourbiza Mohamed. Writer and Political Discourse Analysis.

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