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high end melb has come back around 10% in the last 2-3 months

Well there seems to be enough buyers at the moment in my areas to soak up the extra stock. Anything that isnt selling at auction is usually being snapped up wthin the week after. The only segment of the market this is not occuring in is the 2mil plus

Melbournes spring was brought forward to winter this year, we have record low numbers booked for spring as do many of our competitors. I don't think we will see a glut of properties hit the market.