Ouyen the cheapest locality in Victoria to purchase a house: Investar

Ouyen the cheapest locality in Victoria to purchase a house: Investar
Staff reporterDecember 19, 2016

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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