Melbourne house prices leap 25 per cent in 2007

Melbourne house prices leap 25 per cent January 25, 2008
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I think this is more of a catchup phenomenon than anything else.

Anecdotally, a lot of interstate investors have been buying up in Melbourne as it is such good value compared to other capitals like Perth, Sydney, Canberra and Darwin! which had more expensive medians than Melbourne.

I mean Darwin ffs. That’s a bit like Askeaton being more expensive than Dublin.