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Real Estate Briefing - Categorized | Investment, Market Moves more

Australia: Property investors should look outside of Melbourne as short-term rally ends

Posted on 05 November 2012

The brief rally in Melbourne dwelling values ended in October with property values expected to bounce around near the bottom of the market for another 12 to 18 months, according to RP Data senior research analyst Cameron Kusher.
As the quarterly data shows, Melbourne median house values are flat again, while unit prices are starting to decline after rising strongly in August and September……………………………………….Full Article: Source


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