Making a tree change won’t cost a fortune for buyers prepared to look off the beaten track in regional Victoria.
Dirt-cheap properties with plenty of character are on the market for as little as $65,000 in towns like Rainbow, St Arnaud and Dookie.
Country agents say they’re attracting attention, as more Melbourne residents plan their escape from the city after the pandemic.
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8 Eddy St, Rainbow has a $65,000 price tag.
1526 Hopetoun-Rainbow Road, Hopetoun has been reduced to $229,000.
North West Real Estate director John Hadley said inquiries had surged from buyers who “had never even heard of the towns” where they wanted to move.
“Most people don’t know where these towns are and they’ve had no connection before, but they’re just buying based on value for money,” Mr Hadley said.
“Most of them are trying to make a permanent move and get away from Melbourne.”
Melbourne buyers are inquiring into little-known Victorian towns. Picture: Paul Jeffers
He said most houses cost less than $100,000 in towns like Warracknabeal, Donald and Watchem.
Three properties in Rainbow recently sold to buyers more than 100km away, he added.
“Rainbow is about four hours from the West Gate Bridge and it’s a small town of about 600 people in northwest Victoria,” he said.
“I still don’t think I got through to one interested buyer that it’s not just west of Melton.”
2 Burke St, St Arnaud has plenty of character.
Ready to live in, it’s just $290,000.
There are about five other properties for sale in the tiny town, all advertised for less than $100,000.
St Arnaud is another offbeat spot offering a huge Federation home at 2 Burke St for just $290,000.
A recently-renovated property at 43 Halls Rd, Goorambat, just 10 minutes from Benalla, is for sale for $225,000.
43 Halls Road, Goorambat is for sale.
The house has recently been renovated.
10 Queen St, Dookie is also for sale.
An unrenovated gem in nearby Dookie could cost a bargain hunter just $140,000-$160,000.
Prospective buyers can also strike gold in some of Victoria’s most famous regional towns, if they’re willing to get creative.
Just outside Warburton, a fully-furnished tiny house on a huge creekside block is up for grabs with a $300,000-$330,000 price guide.
A tiny house for sale at 8 Prospect Ave, Warburton.
Huge gardens are also part of the package.
Vendor Julie Wilson used the pint-sized home as an Airbnb, which was fully booked prior to coronavirus.
She’s now selling the block at 8 Prospect Ave along with her own larger home at No. 10, which has a $580,000-$620,000 price guide.
Professionals Yarra Junction director Ashleigh Hall said some interested buyers would consider buying both blocks together, while others would snap up the tiny home as an off-grid holiday opportunity.
10 Prospect Ave, Warburton is also for sale.
The perfect out-of-town escape.
“The tiny house hasn’t got a permit as a dwelling, so it’s only good to stay in temporarily,” Mr Hall said.
“But you’re buying your own little city escape in a beautiful spot right near La La Falls.”
The street does not have sewerage, but the tiny house can be connected to the main power and water lines at a buyer’s request.
Chickens living at the block can also remain at the property, which is for private sale.
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