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For the first time, houses in metro Melbourne surpassed a median value of $1m jumping by 8.8 per cent from the previous quarter to land at $1,004,500.
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After months of lockdown and heavy restrictions, Victorian real estate is returning to regular operation and optimism is flooding in.
Under unprecedented pressures, real estate was able to adapt and evolve, by being on the front foot, trialling new technologies and creating new solutions.
The REIV works with Government to assist landlords and tenants through the pandemic
A preliminary clearance rate of of 75.3 per cent and volumes up by 33.5 per cent has confirmed the busiest week on the auction calendar for the year.
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