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Home buyers flock to cheaper Melbourne

Home buyers flock to cheaper Melbourne

Melbourne’s housing market is hotter than Sydney’s, according to property researcher Core­Logic. Property investors are more active in Sydney, meaning a regulatory crackdown on investor lending is having a more pronounced effect in Sydney than in Melbourne. But...
Melbourne crowned hottest housing market

Melbourne crowned hottest housing market

Melbourne has overtaken Sydney as the country’s hottest housing market as its cheaper house prices lure more interstate migrants. Home prices in the Victorian capital climbed 1.4 per cent for a third consecutive week in the seven days to July 16, data from...