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Demand for accommodation from the 50,000 Chinese students or more set to return to Australian university campuses within weeks could fuel at least a 5 per cent jump in rents across inner Melbourne and Sydney.
Property market update: Melbourne, April 2021 By Zarah Mae Torrazo 14 May 2021 | 1 minute read SHARE Melbourne stayed the course to recovery in April, despite the Australian property market boom cooling after a scorching first quarter. Can the Victorian capital hit new peaks in 2021? Australia’s dwelling prices posted another solid increase in April, though its upward trend slowed as rising prices hurt affordability and new stocks were added to the market which helped to return the balance between supply and demand. But the latest property market boom is far from over. After the historic...