Warracknabeal

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Warracknabeal ranks as the cheapest Victoria locality to purchase a house, according to a recent Investar report.
The property investment firm says that the median price for three bedroom houses in Warracknabeal, famous as the hometown of musician Nick Cave, is $130,500.
This is followed by Dimboola with $132,000 and Ouyen with $132,500.
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Suburb
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Postcode
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Bedrooms
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Current median price
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Warracknabeal
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3393
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3
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$130,500
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Dimboola
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3414
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3
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$132,000
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Ouyen
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3490
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3
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$132,500
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Morwell
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3840
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2
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$133,000
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Moe
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3840
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2
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$142,500
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Nhill
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3418
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3
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$150,000
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Stawell
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3380
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2
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$165,000
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Mooroopna
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3629
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2
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$167,500
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Mildura
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3500
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2
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$169,000
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Mortlake
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3272
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3
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$169,000
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A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-warracknabeal-121945482" target="_blank">22 Hewitt Street</a>, Warracknabeal (above) has been listed for $135,000.
Similarly, a three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-warracknabeal-125186974" target="_blank">130 Anderson Street</a>, Warracknabeal (below) was listed earlier this year for $129,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/12/130%20Anderson%20Street.jpg" alt="">
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