Yes it is, but i still feel the prices are cheaper in Jerilderie area and rather than rent for 3 years in construction phase you would think several people would buy a cheap house and on sell it rather than waste $10k a year on rent etc etc, To borrow $150k the repayments are $225 a week compared to rent , and think of the rise in value of the properties in these areas!!
My how its changed in Yarrawonga , massive town these days. Some nice homes to rent in Yarra from $200p/w and some lovely homes on nthe market from $250 plus.
