Ouyen house median price sit at $120,000: Investar
Ouyen is the cheapest locality in Victoria to purchase a house, according to Investar’s latest report.
The property investment firm says that the median price of a house in Ouyen is $120,000.
This is followed by Warracknabeal with $134,000 and Morwell with $135,000.
Suburb | Postcode | Bedrooms | Current median price |
Ouyen | 3490 | 3 | $120,000 |
Warracknabeal | 3393 | 3 | $134,000 |
Morwell | 3840 | 2 | $135,000 |
Moe | 3825 | 2 | $145,000 |
Nhill | 3418 | 3 | $149,000 |
A three bedroom house at 31 Farrell Street, Ouyen (above) has been listed for $115,000.
It last sold in 2013 for $70,000 and again in 2003 for $65,000.
Similarly a three bedroom house at 13 Gregory Street, Ouyen (below) has been listed for between $90,000 to $95,000.
It last sold in 2003 for $80,000.
A three bedroom house at 25 Gregory Street, Ouyen (below) was sold in May for $120,000.
It last sold in 2001 for $25,000.
Similarly a three bedroom house at 23 Farrell Street, Ouyen (below) was sold in February for $85,000.
It last sold in 1986 for $27,200.