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Well it has been said before, Melbourne is not a state :). Look, Sydney has been booming along too, just a little behind Melbourne's growth - but not much behind. IMO, Melbourne was incredibly cheap a few years ago compared to Sydney. Properties within 30kms of Melbourne's CBD were grossly...

Even so, I stand by my (what could be construed as) original bullish statement :)

Another vote for a continuing steady rise in prices. No decrease, certainly no pre-FHOG prices - that is fantasy land IMO.