Check this one out on realestate.com.au.
It's a one bedroom place for 35k:
http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=105735519&f=0&p=30&t=res&ty=&fmt=&header=&cc=&c=52445946&s=nsw&snf=ras&tm=1252349484
Never seen this type of place before advertised on this site.
thanks...