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Melbourne land values skyrocket over 5 years

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Melbourne land values skyrocket over 5 years

Real Estate Institute Victoria President, Leah Calnan says said, Victoria is a great place to invest with land prices having soared since 2014.

A recent analysis by the REIV on land values over the past 5 years has confirmed that Victorian property continues to go from strength to strength.

Over the same period, the median property size has dropped slightly, meaning that Victorians are now paying more for less.

REIV President Leah Calnan sai…