more bad news for melb property, page-6

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    "Alarming figures that point to a hidden crisis in the property market reveal 5427 vendors lost an average of $54,000 on investments gone wrong in the three years to July.

    The Melbourne CBD, Southbank and Docklands are the state's leading loss-making suburbs.

    One out of every 20 properties sold in those locations had lost their owner money, according to the data from a property research firm."

    It is good to finally see this printed in the MSM.
 
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