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Media keeps telling us that Melbourne house prices are down 8% or 9%, but some research sources say it’s only 2%. Our suburb-by-suburb analysis finds more growth markets than ones with major price decline.
Regional Victoria is the strongest market in Australia right now, with multiple locations recording strong price growth and a major uplift in sales activity.
Of all the regular reports that misinform Australian real estate consumers, the worst is the annual Demographia survey of affordability, which makes sweeping claims about Australia despite excluding most of the world’s 197 nations from its research.
There growing signs of life in markets in Regional Queensland, led by the Sunshine Coast and Mackay.
How much have prices risen or fallen in various cities? It all depends on whose figures who prefer ...
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