Melbourne sits second most expensive place to purchase a property: CoreLogic

Melbourne sits second most expensive place to purchase a property: CoreLogic
Melbourne sits second most expensive place to purchase a property: CoreLogic

Melbourne is the second highest expensive place to purchase a private treaty property, according to CoreLogic’s latest report.

The property data firm says that the average house in Melbourne costs around $700,000 while a unit costs around $520,000.

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Melbourne sits second most expensive place to purchase a property: CoreLogic

This is in contrast to Sydney, which is the most expensive with $940,000 for houses and $740,000 for units.

A two bedroom house at 22 The Crescent, Kensington (above) has been sold for $725,000.

Similarly a two bedroom house at 56 Palmer Street, Collingwood (below) has been sold for $715,000.

Melbourne sits second most expensive place to purchase a property: CoreLogic

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Melbourne Corelogic

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