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A third of Australian homes worth at least $1 million, which buys much less than a decade ago

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What can $1 million buy you? Less than it did a decade ago in the housing market — with the value of a third of homes above the million-dollar mark, according to research from Cotality.

The data shows the portion of dwellings valued at $1 million or more has risen from just below 10 per cent in…



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