Traralgon the cheapest locality in Victoria to buy a unit: Investar

Traralgon the cheapest locality in Victoria to buy a unit: Investar
Staff reporterDecember 15, 2016

Traralgon is the cheapest locality in Victoria to purchase a unit, according to Investar’s latest market report.

The property investment firm says that the median price for a one bedroom or studio unit in Traralgon is $114,500.

This is followed by ­Moe with $148,500 and Mooroopna and Mildura with $149,000, all of which are for two bedroom units.

Suburb

Postcode

Bedrooms

Current median price

Traralgon

3844

Studio and one

$114,500

Moe

3825

2

$148,500

Mooroopna

3629

2

$149,000

Mildura

3500

2

$149,000

Morwell

3840

2

$152,500

Numurkah

3636

2

$154,500

Newborough

3825

2

$155,000

A one bedroom unit at 2/4 Murphy Crescent (above) is for sale for $115,000.

A one bedroom unit at 12/18 Gwalia Street (below) is for sale for $110,000.

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