No rest for home prices

Astute property buyers looking to secure a stake in our growing community are firmly focused on the forthcoming property auction scheduled for this coming Saturday.
http://www.realestate.com.au/property-house-vic-diggers+rest-125932554

Property prices in the established Fordville Estate in Diggers Rest have continued to flourish on the back of the Bloomdale and St Genevieve housing developments.

Despite the recent measures taken by the Victorian State Government to relax the pressure on the local housing market by investors, it seems that property prices remain strong.

With the Reserve Bank keeping interest rates to an all-time low, coupled with first home buyers taking advantage of the new stamp duty savings, home prices are expected to continue their upward trend.

Diggers Rest is fast becoming a sought after location offering the benefits of rural style living in an urban environment, close to thriving shopping facilities and community services.

Older style established homes with generous block sizes are still within the reach of those looking call Diggers Rest home.

This beautifully maintained home situated within walking distance to the train station, shops and near to the proposed town centre recently sold privately for $465,000.
http://www.realestate.com.au/sold/property-house-vic-diggers+rest-125717862