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Reply: 1.1 From: Phillip Jacovelli Nigel, Basically I knew that Moe and Morwell region was very affordable because the regions major employer the State Electricity Commission was privatised in the mid 90's. Compared to other regionals around Melb - ie Bendigo, Ballarat. Also I was quite...

From: Phillip Jacovelli Rural Update, A few months back I posted that I purchased of a block of six 2 bedroom units in Morwell, Victoria (Just under 2 hrs East of Melb) for 120K - Where some of the units had been empty for up to 3 years. Only 2 were occupied and talking with the current...