Warragul is Melbourne's fastest-growing outer satellite city — a booming West Gippsland town that has absorbed extraordinary population growth from Melbourne families seeking affordable space with train access. The Warragul-Drouin corridor is routinely identified by analysts as one of Victoria's strongest growth corridors. At the current $550k median house price, an 80% loan at 6.25% over 30 years is about $2,709 per month.
| Median house price | $550,000 |
|---|---|
| Median unit price | $370,000 |
| Estimated monthly repayment | $2,709 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 10.5% |
| Gross rental yield | 5% |
| Typical days on market | 13 |
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