SMH ·general ·1 hour ago

The Melbourne neighbourhoods where home buyers can find the biggest discounts

Home buyers in Melbourne are finding significant discounts, with houses in Manningham East selling for 10.5 percent below listing prices. The median house price in this area is $1.65 million, according to Domain's report. Experts indicate that rising interest rates and proposed tax changes are prompting buyers to exercise caution while negotiating deals.

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