With the cost of living so high at the moment, many of us only have a small budget when it comes to buying pieces to decorate our homes with.

Luckily for us, Kmart has delivered with a new release of gorgeous homewares at affordable prices.

READ MORE: Cheap Kmart bread bins are transformed into a stunning furniture piece in an 'epic' DIY hack

The best part is you can find something to freshen up your space for as low as $5. Plus this latest drop is just the start of Kmart's new range, with plenty of stunning products marked "coming soon" on the Kmart website.

To help you decide which "just landed" products to add to your home, we've had a look through the new pieces and picked our top 10.

Scroll through to check out the beautiful and practical products.

The weather may be cold and gloomy during winter, but that doesn't mean your bedroom has to be.

Brighten your space up for the season with this pink, orange and white gingham quilt cover.

It is available in single, double, queen and king sizes, and comes with two pillowcases.

Available for $20 for the queen size.

READ MORE: How to make your bed look like those cosy, comfy ones you see in hotels

This mirror is the epitome of style meeting function as it has a stunning rattan look with a shelf and hooks.

That means you have a stunning feature for the wall, plus somewhere to hang your keys and pop a small vase.

In case you're wondering just how much this mirror can hold, the shelf has a 5kg capacity and the hooks can each hold 1kg.

Anyone who watches The Block regularly knows wall sconces are the hottest thing going in lighting right now. They're especially becoming popular in bedrooms as an alternative to lamps on bedside tables.

This simple but sophisticated wall sconce is easy to attach to the wall with three hanging holes. The best part? It looks like a designer piece without the designer price tag!

It features frosted glass to create a warm ambient light.

Visit the new-look nine.com.au.

Cushions are one of the easiest ways to change up the look of your sofa, so if you've only got a small amount of cash for décor, cushions are a top choice.

This subtle blue cushion is decorative enough to transform your space, but so neutral it will blend seamlessly with the soft furnishings you already have.

We focus so much on dressing up our shelves, sofas and tables we often overlook our walls. But a few well-placed prints or photos can make a big difference to the look and feel of your home.

Kmart has several new wall art products available, including beach scenes, a country barn and this happy daisy photograph.

READ MORE: This is the 'right' height to hang a picture frame

Have you ever seen a cuter plant stand? This white weave planter looks great on its own, but becomes even more striking once you pop a plant in it because of the contrasting colours.

This small stand is 42cm high, while the large version is 52.5cm.

Available for $18 for the small stand.

Weighted blankets are very in right now, with users reporting to feel soothed by the feel of the blanket.

Unfortunately the cost of most weighted blankets is out of reach for a lot of us. That's all changed now that Kmart has released its own version.

This grey blanket will keep you cosy and warm all winter long.

It has a weight of 5.5kg, which is recommended for an adult between 40 to 65kg.

Baskets are one of our favourite storage tools because they are so versatile, especially when they are this stylish.

Use this basket for cushions and throws in the living room, pop a plant in, or even use it as a laundry hamper – the choice is yours.

The round basket is 32cm high with a 35cm diameter, but you can also get a rectangular version is 20cm high and 26cm wide.

Available for $25 for the round basket.

Sometimes ceiling lights just don't provide enough light in the living or bedrooms, especially if you want to snuggle up with a good book. The solution is a floor lamp and this one is a lovely option.

This floor lamp is 145cm and has a linen lampshade and a rattan base, making it right on trend.

Curves are a top trend for 2022, but so far this year the look has been dominated by vases.

Now the quirky curve look has emerged in other pieces, like this candle.

You can leave it unlit to maintain its shape, light one side for a unique shape or both for a more ambient glow.