If you’re looking for a cheap one-bedder apartment to invest in, the Real Estate Institute of Victoria has released figures to March of the suburbs in Melbourne where you can get one-bedroom apartments for under $300,000.
The figures go off the median price of one-bedder apartments in the suburb, and the list is topped by Box Hill with a median price of $299,500, while the cheapest suburb was Wendouree which came in at $130,000.
Median aprtment prices for one-bedroom properties under $300,000