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Bourke Street mall in lockdown, August 2021
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Melbourne's famous Bourke Street mall may be currently quiet, but the city's property market is anything but. Photo: Auliviart /

Melbourne poised to leapfrog Sydney to lead house price growth

Melbourne has been tipped to lead Australia’s capital cities in house price growth over the next 12 months, with new forecasts showing values will continue to rise despite an expected economic contraction that's likely to keep interest rates on ice for the medium-term.

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