Although Melbourne`s house price rise trend moderates, but still broke the 1 million mark. But if you think it`s expensive, look at the town of Victoria, and the price is absolutely cheap for you to steal. Here are the 10 cheapest towns in Victoria.
1. Ouyen
Distance from Melbourne: 440 km, about 5 hours by car.
Median rate: one hundred and twenty five thousand Australian dollars.
O`Yan was surrounded by many wheat fields and barns. The town, known for its huge stump in the heart of the town, has a circumference of more than 10 metres and was listed in the Guinness World Records earlier this year.
2. Donald
Distance from Melbourne: 280 km, 3 hours by car.
Median rate: $ one hundred and thirty five thousand
Donald is a happy town. A historic building in the center of the town in the 1860s added charm to the town. Last year, the town sold 29 homes.
3. Nhill
Distance from Melbourne: 375 km, 4 hours away
Median rate A $ one hundred and forty six thousand five hundred
Nhill is located in the shepherd district of Wimmera, near lakes and national parks. Driving to this small town is a pleasure, with wide boulevards and beautiful gardens. Since 2010, more than 60 refugees have arrived to settle down, increasing the local workforce and boosting the economy.
Buying a home with a garden in the town does not require more than A $ one hundred and fifty thousand.
4. Dimboola
Distance from Melbourne: 335 km, 4 hours
Median rate A $ one hundred and fifty five thousand
The town has a population of just 1730 people, with Wimmera River crossing to the south, so fishing, rowing and other activities are very popular here. Dimboola`s smaller old house usually costs less than A $ one hundred and fifty thousand; Larger areas, better maintenance of the new family-type housing can cost up to three hundred thousand Australian dollars.
5．St Arnaud
Distance from Melbourne: 240 km, 3 hours by car.
Median rate: $ one hundred and fifty six thousand nine hundred and ninety nine
St Arnaud, a former gold town, now has a population of 2000. Agriculture is the main economic pillar of the town. A cheaper house of 80, 000 can be bought, more expensive will not be more than two hundred and fifty thousand.
6. Warracknabeal
Distance from Melbourne: 340 km, 4 hours by ca
Median rate: $ one hundred and sixty six thousand nine hundred and ninety nine
Warracknabeal is located in the heart of the wheat-producing region of Victoria. Interestingly, however, the majority of the local population is engaged in health care.
7. Edenhope
Distance from Melbourne: 395 km, 4 hours by ca
Median rate: $ one hundred and sixty eight thousand
Just 30 kilometers from the border with South Australia, Edenhope is a quiet town with a population of no more than 1000. Surrounded by wetlands and swamps, the town also has an 18-hole golf course. Most of Edenhope`s homes are larger, more than 1000 square meters. In 2017, the highest selling price was a three-bedroom home, at A $ two hundred and sixty one thousand nine hundred and ninety nine.
8. Mortlake
Distance from Melbourne: 220 km, 2 to 2 hours by ca
Median rate: $ one hundred and sixty eight thousand nine hundred
Of the 10 cheapest towns in Victoria, Mortlake is the closest to the coastline. It is located at the foot of a dormant volcano and has a rich geological history.
In early 2017, a large farm with 37 small paddock and a 4-bedroom house sold for A $three million one hundred and fifty eight thousand.
9. Charlton
Distance from Melbourne: 250 km, 3 hours by ca
Median rate: $ one hundred and seventy thousand
Charlton is a friendly town on the side of the Avoca River. There have been droughts and floods here.
The town has a small California-style bungalow and new family-style homes for more than A $ three hundred thousand.
10.Wedderburn
Distance from Melbourne: 220 km, 2 to 2 hours by ca
Median rate A $ one hundred and seventy two thousand five hundred
Wedderburn has a population of 660, but only half of its inhabitants own their own homes.
In the town, new properties with land cost about A $ two hundred and seventy thousand, while old-fashioned villas cost nearly A $ one hundred and seventy thousand.
