Melbourne unravelling!

  1. 3,404 Posts.
    Lol if 15.6% and a median pushing through $700k is unraveling Id love to see a boom!

    http://www.domain.com.au/news/melbournes-median-house-price-pushes-through-700000-20151021-gkdgii/

    "Melbourne’s median house price has broken the $700,000 barrier for the first time amid a cool change in the market.
    The new median – $707,415 – follows a solid September quarter in which house prices jumped 2.8 per cent, according to the Domain Group House Price Report released on Thursday.
    The quarterly increase brings the year-on-year growth to 15.6 per cent, or $95,220, the highest annual result since June 2010."
 
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