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I see a lot of these about http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=106166008&f=10&p=10&t=res&ty=&fmt=&header=&cc=&c=61915208&s=vic&snf=rbs&tm=1259661076 Why are they cheaper than established out-dated homes in the area? I'd much rather new than have problems with maintenance...

Ever heard of supply and demand? No matter what your opinion, it does drive prices either way depending. Along with lots of other things. Plus, there will always be high, and low income earners. FWIW I like to buy cheaper properties because there are more low income earners than higher ones and...

Heres my 2 cents. I bet, that Hoppers/Werribee will see 7% compounding growth in to the future. But if M. Yardney is right and the population booms it may see more.