The attractive middle ground

Halfway between Geelong and Werribee, Lara is set for another real estate boom, according to a local agent.

Industry statistics show the median house price in Lara was $345,000, with 204 homes sold in the town in the 12 months to February.

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New REINT president has long Alice ties

A new vice president has been elected to the REINT after the position was made vacant following the retirement of long-serving former Alice Springs-based vice president David Forrest.

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For 500,000, your dream home IS affordable

Moving from the city to a regional area provides a range of lifestyle and cost-of-living benefits. But, for many, the best reason of all is the cost of housing.

The dramatic difference between what your money can buy regionally compared to the city is enticing, and often sets families off searching the web for a dream home that has suddenly become affordable. The median dwelling price doesn’t tell the whole story, but in metro Melbourne it is currently $455,000 compared to $324,450 in regional Victoria,’ First National Real Estate spokesman Stewart Bunn says.

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