the boom is over

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    Quick Local update

    Mornington Peninsula Vic leader newspaper.

    Front page news "the boom is over, Mt Martha Units hit the hardest"

    Mt Martha units price down 21% Dec10 to Mar 11, Rosebud down 16%, Blairgowrie -11%, Mt Eliza -7%, Flinders -20%.

    Drop in clearance rates of the peninsula over past 12 months, Dromana looking a bit sick clearance wise.
 
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