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

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