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Property Prices Remain Steady

By: Admin

Property prices across the country continue to remain steady despite Victoria going back into stage four restrictions.

As a result, Melbourne has been the weakest market over the past month, with values falling -1.2%. However, prices are still 6.6% higher than they were this time last year.

Across all the capital cities, prices have weakened by -0.6% over the month. However, over the course of the year, values are still slightly higher – up 0.4%.

So far, the large price falls that we’ve been hearing about just aren’t happening, with most homeowners simply riding out the storm.

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