105 Game Street, Merbein – in the heart of the town centre, priced at $145,000 to $170,000.
Downtown Moe. Photo: Dominic O’Brien
Distance from Melbourne: 130 kilometres east (about a one and a half hour drive)
Median house price: $180,000
Moe is an affordable option that offers an easy commute into Melbourne or a gateway to greater Gippsland.
Many Melburnians might be surprised to know culture is a big part of life in Moe, with the annual jazz festival, monthly market days and the historical museum.
Bargain buys: 8 Kingsford Street, Moe – a solid-brick home set on more than 1000 square-metres and a minute from the train station. A touch above the local median at $190,000.
12 Truscott Road, Moe – a 650 square-metre block, two bedrooms and just $135,000.
10 Kent Street, Moe – a cute and neat four-bedroom weatherboard near schools, $189,750.
Stawell is home to the iconic Stawell Gift athletics carnival. Photo: Robert Prezioso
Distance from Melbourne: 237 kilometres north west (just under three hours’ drive)
Median house price: $181,000
Home of the world famous Stawell Gift, Australia’s oldest short-distance race, Stawell is a sweet little gold-rush town.
Go hiking in the Grampians National Park on weekends, then hit up the Town Hall Hotel for a pub meal.
Bargain buys: 19 Cypress Street, Stawell – a four bedder with a renovated kitchen and not far from the station for $175,000.
19 Fisher Street, Stawell – a country homestead complete with full veranda and views of the Grampians for just under $200,000.
The sun sets over the waters of a lake near Kerang. Photo: James Davies
Distance from Melbourne: 279 kilometres north west (about a three hour drive)
Median house price: $182,000
If you like fishing and boating, Kerang has over 50 lakes and other bodies of water to explore.
A few minutes drive will take you to the Murray River or Mystic Park Vineyard, where Browns Brothers produce some of their finest drops.
Bargain buys: 2 Lloyd Street, Kerang – a weatherboard near shops and the station for just $110,000.
11 Burke Street, Kerang – a sweet family home with a veranda overlooking pretty gardens. a steal at $165,000.
17 Latrobe Rd, Morwell – a brick veneer with four bedrooms, near the centre of town. The agent is asking up to $225,000.
10. Red Cliffs