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Latest Melbourne Market Update News

Outskirts of Melbourne with CBD skyscrapers in the far distance
4 min read
Close proximity to the CBD has been replaced by open space and liveability on the top priority list for many Melbourne buyers. Photo: Shutterstock

Investors seeking growth moving to fringes of Melbourne

The outer suburbs of Melbourne have become a focal point for property investors, as the quest for growth potential moves away from the inner city regions that have driven Melbourne’s median property price to almost $1 million.

Buyer surveys by Melbourne real estate agents RPM Group show the proport…