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Melbourne's average house price now $420,000

Figures released by the Real Estate Institute of Victoria reveal the median price jumped more than 10 per cent in the June quarter to a new high of $420,000. Elwood, Surrey Hills, Middle Park and Balwyn have joined the list of suburbs where the median price has pushed past $1 million.

Full Story:  http://abc.net.au/news/stories/2007/07/28/1990794.htm?section=business

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Reply #1 on : Thu August 23, 2007, 16:40:47
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