Buyers could claim ownership of an entire town in far north Queensland with a museum, church, and railway station, for less than the cost of an apartment in Brisbane.

Tim Pratter is the current owner of Lappa, a town two hours west of Cairns. He is selling the town for $343,000, citing health and family issues. In comparison, a two-bedroom apartment in Brisbane costs on average $545,000.

Pratter says work needs to be done to restore Lappa, but that the town has many unique charms.