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Melbourne continues to break records...well almost

31/3/2015

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The Melbourne property market has started 2015 with a bang, although it is expected to ease over the Easter break. Last week saw over 1400 houses go under the hammer, the third highest number of auctions ever, according to Domain Group's senior economist, Andrew Wilson.

in 2014, the median house price in Melbourne grew just over 4%, reaching a new median of $614,479 while unit prices grew by 2.9% to $431,419.

House prices are expected to grow by approximately 5% in 2015 according to a number of industry experts.
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The Finance Architect
Office: 1 International Ct, Scoresby VIC 3179
Phone: (03) 9015 9880
Email: info@thefinancearchitect.com.au
Dale Wilkinson is a credit representative (450039) of Buyers Choice Licencing Pty Ltd ACN 626 172 281  (Australian Credit Licence 509484)

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