A historic property in Western Australia’s Wheatbelt is being marketed at an exceptionally low land price—about $21 per square metre—drawing comparisons with much higher urban land costs in places such as Perth. Multiple outlets describe the listing as offering the price point of a used car, but they note there is a significant catch attached to the purchase. While the articles focus on the contrast between the Wheatbelt’s low rate and Perth’s soaring land values, they treat the “catch” as a key factor that limits how straightforward the deal appears. The coverage emphasises that the headline price reflects land value rather than necessarily translating into a standard turnkey purchase, and readers are urged to consider the terms and conditions linked to the property. Overall, the reporting presents the property’s low per‑square‑metre figure as attention‑grabbing, while highlighting that details of the listing and constraints on ownership or use are critical to understanding the true value of the opportunity.