Churchill is a town off approx 6000 residents located only 7 minutes drive from the mail town centre of Morwell.
The town is made up of circa 1970s homes to brand new homes in impressive new estates.
The town is serviced by the federation university which provides for a large number of students looking for rental accommodation .
This in turn provides for better than average returns on investments. High schools and primary schools are situated throughout the town.
As are all major sporting facilities,buses are regular both intertown and regular services to Morwell and Traralgon
Churchill is in the TOP 20% in VIC when comparing median price capital growth over the last year. Churchill gave property investors a very good capital gain figure when compared to the rest of the state, with 6.06%.
Taking the average capital gain, or increase in median house value, Churchill,3842 has racked up an average of 6.06% over the period. This ranks it number 1116th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Churchill 3842 should be seeing an average reduction in asking price of around -7.99% . This means that Churchill is holding prices well when compared to other suburbs in VIC.
The VIC suburb of Churchill, 3842 is in the Latrobe local government area.
Selling points: great town to invest with the local university being a major supplier of tenants
Most sort after properties: investment properties offering great returns
Most common properties: 3 bedroom brick veneer properties
Top amenities: University, full shopping centre, doctors, 2 major supermarkets, KFC.
Local industry and business: Power industry , APM paper mills, National foods yoghurt factory, Latrobe regional hospital
Best streets: Manning Drive, Cantebury Way, Switchback Road
Public transport: school buses and intertown buses
Main arteries: Monash Way