The Victorian suburbs and towns where homeowners have struck it rich if they bought more than five years ago have been revealed. SEE THE LIST
The median house price in Somers, San Remo, Port Fairy, Trentham, Point Lonsdale and Barwon Heads have all also risen 100 per cent or more in five years.
“With more people engaging in hybrid and remote working practices, people’s residential choice greatly increased and that entitled many to take interest in areas that previously may have been less convenient to live in,” she said.The three-bedroom house at 6 Lachlan Court, Bright, is for sale for $1.275m.
The property at 83 Alexandra Ave, Somers, is for sale for $1.95-$2.145m. It last sold for $197,500 in 1997.
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