Moe the cheapest Victorian locality for units: Investar
Moe is the cheapest Victoria locality to purchase a unit, according to a recent Investar report.
The property investment firm says that a one bedroom unit or studio has a median price of $60,000.
This is followed by Wodonga with $69,000 and Traralgon with $110,000.
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It appears many of the options are in retirement villages.
A one bedroom unit located in the Moe Retirement Village is on the market with a price guide of 60,000 (pictured below).
Situated at 14/48 Haigh St, the one bedroom unit features private courtyard with clothes line.
Another single bedroom brick veneer unit in the same village was sold for $50,000 in last year (pictured below).
The unit at 45/48 Haigh Street features fully self-contained kitchen with electric cooking, combined bathroom and laundry, and electric heating.
