{"id":32015,"date":"2021-05-01T09:01:14","date_gmt":"2021-04-30T21:01:14","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=32015"},"modified":"2021-05-01T15:38:29","modified_gmt":"2021-05-01T03:38:29","slug":"the-cafes-are-flat-out-where-tree-changers-sent-house-prices-soaring-30-per-cent","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/the-cafes-are-flat-out-where-tree-changers-sent-house-prices-soaring-30-per-cent\/","title":{"rendered":"\u2018The cafes are flat out’: Where tree changers sent house prices soaring 30 per cent"},"content":{"rendered":"

PHOTO: Long-time Alexandra resident Julie Evans in the centre of town, which she says has never been so “vibrant” since the post-lockdown tree-changers came to town. Photo: Stephen McKenzie<\/span><\/strong><\/p>\n

Long-time Alexandra resident Julie Evans says she has never seen her home town \u201cso vibrant\u201d.<\/p>\n

\u201cWhen I was growing up you had the footy on Saturday and the matinee and nothing much else,\u201d she said. \u201cNow, on the weekends, the cafes are flat out, there are people sitting out the front of the hotels and people coming into town on their bikes from the bike trail.\u201d<\/p>\n

Since Melbourne came out of its second lockdown in October last year, Mrs Evans, who recently listed her family home for sale<\/a> for almost $500,000, says the town has never been busier.<\/p>\n

Melburnians who can work from home are selling their houses for high prices and moving to the town for a cheaper home and a better lifestyle, the local signwriter said.<\/p>\n

Alexandra is in the Shire of Murrindindi in the state\u2019s north-east, which had the steepest median house price growth of any region in Victoria in the year to March, Domain\u2019s latest House Price Report<\/i> shows.<\/p>\n

\n\n\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
LGA Name<\/td>\nMar-21<\/td>\nMar-20<\/td>\nYoY<\/td>\n<\/tr>\n
Murrindindi<\/td>\n$560,000<\/td>\n$425,000<\/td>\n31.8%<\/td>\n<\/tr>\n
Alpine<\/td>\n$586,500<\/td>\n$447,500<\/td>\n31.1%<\/td>\n<\/tr>\n
South Gippsland<\/td>\n$470,000<\/td>\n$380,000<\/td>\n23.7%<\/td>\n<\/tr>\n
Hepburn<\/td>\n$662,500<\/td>\n$541,000<\/td>\n22.5%<\/td>\n<\/tr>\n
Macedon Ranges<\/td>\n$865,000<\/td>\n$710,000<\/td>\n21.8%<\/td>\n<\/tr>\n
Corangamite<\/td>\n$337,500<\/td>\n$280,000<\/td>\n20.5%<\/td>\n<\/tr>\n
Southern Grampians<\/td>\n$311,250<\/td>\n$260,000<\/td>\n19.7%<\/td>\n<\/tr>\n
Greater Bendigo<\/td>\n$450,000<\/td>\n$382,750<\/td>\n17.6%<\/td>\n<\/tr>\n
Surf Coast<\/td>\n$1,054,000<\/td>\n$900,000<\/td>\n17.1%<\/td>\n<\/tr>\n
Greater Shepparton<\/td>\n$351,000<\/td>\n$300,000<\/td>\n17.0%<\/td>\n<\/tr>\n
Mansfield<\/td>\n$535,000<\/td>\n$457,250<\/td>\n17.0%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
 <\/a><\/div>\n<\/div>\n

House prices jumped 31.8 per cent to a median $560,000 in a year in the municipality, which also takes in Marysville and Kinglake. Prices are up an extraordinary 83.3 per cent from five years ago, when the median house price was just $305,500.<\/p>\n

Every local government area in regional Victoria except one recorded house price growth in the year to March.<\/p>\n

READ MORE VIA DOMAIN<\/a><\/p>\n

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