Melbourne still soaring with 84% clearance

Posted by admin on April 18th, 2010 filed in Uncategorized

Melbourne’s median house price dropped just 2 per cent to $524,500, while unit and apartment prices grew by 2 per cent to a record $450,000.
The median price of houses sold at auction rose by 4.4 per cent to $720,000 and apartments increased by 3.5 per cent, putting more stress on buyers.
Melbourne still soaring with 84% [...]

Read More via: - Australian Real Estate Blog