Melbourne & Sydney Property Sizzling Hot
 

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  Melbourne & Sydney Property Sizzling Hot

Speculation of a Australian property value bubble and the prospect of growing interest rates has had little affect on Melbourne and Sydney property sales this weekend. Property Auctions in both Melbourne and Sydney are performing very well.

There were 450 auctions of residential properties in Sydney this Saturday with a clearance rate of 68 per cent. Melbourne property auctions performed better still with 845 auctions held and 77 per cent clearance.

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