Posted Apr 17, 2011, 12:31 AM
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Registered User
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Join Date: Apr 2010
Location: The United States
Posts: 1,937
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Quote:
Originally Posted by tayser
they've been saying that for years - however when the residential vacancy is around 4% and population growth at 250k p/a many people will disagree.
In the early 2000s in Melbourne the high-rise construction was concentrated in CBD + Docklands + Southbank. It's now spread to the whole middle ring of 'burbs - so yeah big ones are taking their time, but they're not out of the game!
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Ehh this was published today...
Quote:
Melbourne home property prices plunge
Karen Collier From: Herald Sun April 16, 2011 12:00AM
MELBOURNE'S property bubble is bursting, with $400 a day wiped off the average house price in the past three months.
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http://www.heraldsun.com.au/ipad/mel...-1226039937945
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