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Maroc Maroc - PROPERTYUPDATE.COM.AU - A La Une - 26/Jun 05:30

Melbourne and Sydney property investors exit as taxes and returns deter

Property investors are exiting Melbourne. In May, over 3,000 property investors decided to leave Melbourne, marking a 34% increase from the previous year, according to an article from the AFR. The article noted that nearly 4,000 ex-rental properties across Victoria were put up for sale, exacerbating the already critical shortage of rental options. Why is...

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