Thursday 24 April 2014

Property Prices Merge as Diggers Rest and Sunbury Grow

In the past twelve months the average property price gap between Sunbury and Diggers Rest has drawn closer by $9,500 - the difference is down from $50,000 to $40,500.

Some residents speculate that the narrowing price is a result of: new property estates such as Bloomdale; the narrowing suburb gap along Vineyard Road; and retail developments such as Masters / Bunnings; and the new Diggers Rest town centre.

Is our area a good to place to live and invest in property? Why do you think there is a narrowing price gap?

Data Source: Seek Estate.com

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