Ouyen the cheapest locality in Victoria to purchase a house: 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 current median price is $119,500 - an increase of 8% over the past year.
This is followed by Dimboola with $122,500 and Morwell with $125,000.
|
Suburb |
Postcode |
Bedrooms |
Current median price |
|
Ouyen |
3490 |
3 |
$119,500 |
|
Dimboola |
3414 |
3 |
$122,500 |
|
Morwell |
3840 |
2 |
$125,000 |
|
Red Cliffs |
3496 |
2 |
$130,000 |
|
Warracknabeal |
3393 |
3 |
$131,500 |
A three bedroom home at Ouyen such as the one at 26 Ritchie Street (above) that is for sale for $119,950.
A three bedroom home at 22 Williams Street (below) was sold for $130,000
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