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Outer suburbs are not auction suburbs anyway. Hardly 1 in 10 properties makes its way to auction. Inner & Middle suburbs have auctions and the numbers suggest that supply is on the high side but the demand is at a very high level. I have been monitoring inner melb since the start of this year...

No lack of supply. Supply has been on historical highs...over 2500 properties up for auction just in the next 4 weeks. This is on top of hundreds more in private sales. Just lot more buyers in a super heated market. Harris