Warrnambool records rare $3 million-plus home sales

Two Warrnambool properties sold above $3 million each, marking around the sixth and seventh residential sales at that level in the town's history.

Why it mattersThese rare sales suggest Warrnambool's property market is shifting upwards and could lift valuations across the luxury segment.

AustraliaWarrnambool homeowners may see valuations rise as the town's luxury market gains recognition alongside rival regional hubs.

✓ Claims checked against the source and corrected before publish. checked 6 d ago

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A Warrnambool property owned by one family since construction sold above asking price to another local family.

Why it mattersThe property combined residential and retail use with long-term tenants who plan to stay on, unusual in Warrnambool's town centre.

Coastal Queenslanders are selling high and moving to the Darling Downs, where property prices still rise.

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