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Melbourne auctions jump to 3 year high

Melbourne’s property market has seen improvement, as the auction clearance rate came in at around average over the weekend.

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Expert Advice by Paul Wilson 24/07/2013

Sales at home auctions highest since GFC

Volatile sharemarkets and low interest rates are a few of the factors believed to be behind this weekend’s clearance rate of more than 80% in Sydney, but one other factor is also playing into the mix: investors.

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