I've been looking around Moe/Morewell/ Traralgon for an investment property.
I have not invested yet, but hoping to soon.
In my personal opinion and from what I've seen on the ground:
I would stick clear of Morewell, the town didn't present that well, it also seems quite disjointed with the centre of town and then the shopping centre being a few km's away.
Traralgon was nice, as everyone knows this is the largest out of the three towns. However, it did have quite a bit of hustle and bustle about it, depending on what people are looking for this may be a benefit or a negative.
I really liked Moe and it was a good mix. The town centre presented well, it was all located centrally and wasn't too spread out (easy to walkthrough). There seemed to be ample parking as well. I also feel the Moe is on the rise with buyers/investors being priced out of Warragul/ Drouin and Moe is the next major township down the M1. I was able to drive through on the weekend and what I also really liked about Moe what the number of young families playing in the parks/gardens. There were kids playing in the playgrounds/dogs running off-leash where permitted.
As I understand from research online, Moe/Newborough have a number of greenfield development on the way in the outter ring approved areas (refer to the structure plan available online). These sites would increase the population in Moe - which would further improve the council's investment into the area and increased business moving into the town.
IMO Moe is gentrifying well and could become a terrific township in the future.
What is your opinion of the four towns you've listed?