Cracker results last quarter in Melbourne metro - market was up 5.1%
No surprises at all - supply in premium / investor grade suburbs is just not there.
Stamp Duty and cost of change means folks are more likely to renovate than sell/buy.
A flood of professional Aussies coming home from OS is also placing pressure on demand in metro areas.
Expect another 10% growth this year in inner and middle ring suburbs.
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- Not seeing a 40% drop!
Cracker results last quarter in Melbourne metro - market was up...
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