South Morang is a mix of new development and older dwellings, the area and surrounding suburbs are experiencing good growth at present.The average house price is $416,076 with the median sale price of around $400,000 down 3.6% on last year as reported on price finder.com.au . Like most suburbs we have more expensive areas. The train line extension has helped with people moving out this way and you will find more houses being built in the near future.
My work colleague lives somewhere in the newer estate close to Woolworth Plenty Rd. He said his house was estimated $2.5 million (double storey Mc mansion). We live in old Riverside estate near the park (all houses were built 20 years ago in Commercial Hotel, Victorian style). Our neighbourhood houses are all priced $500-600 thousand (predominantly 4 bedroom, single storey red brick).