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While temperatures cooled across Melbourne, the city's auction market remained hot, with more homes sold at auction than during any other autumn.
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Melbourne’s median house price increased 3.2 per cent in the September quarter to $740,000, according to the REIV.
The latest data from the Real Estate Institute of Victoria.
Significant price growth in the city’s outer ring indicates buyer interest in new growth areas.
What $550K will get you in a commuter suburb right now?
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