Evidence of the Price Rises In Basscoast

This price was the median house price in Inverloch Dec-09  

$267,500

This is the median house price for Inverloch Jan-10 

  
$486,000

This is $218,500 or 81% increase in less than
1 month!

 

 

"Clearly, this is why the locals are being
forced out of their rentals !"

 

http://www.realestate.com.au/cgi-bin/rsearch?a=sp&s=vic&u=inverloch