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Valley property boom

Valley property boom

Latrobe Valley towns in top 10 during city exodus

A national property expert says the Latrobe Valley will remain in demand for the foreseeable future, as Melbourne househunters continue to buy-up in the regions.

A national Top 10 list by Terry Ryder from Hotspotting includes Churchill ($240,000), Moe ($270,000), Morwell ($220,000) and Traralgon ($355,000) for their affordability, price growth potential and strong returns, reports the Herald Sun.

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Mr Ryder said the Latrobe Valley is part of what's dubbed the "exodus to affordable lifestyle".

In the newspaper report, he said these towns also have future job and infrastructure prospects and other appealing lifestyle factors.

Keith Williams Traralgon real estate agent James Hourigan said the town is "abuzz" with newcomers.

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