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House price growth eases in outer suburbs – The Australian Financial Review

The outer fringe suburbs, where new housing developments are fast coming up, are losing the most growth momentum.

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In Melbourne, house prices in the western suburbs of Cairnlea, Aintree, Wyndham Vale and Truganina have weakened the most in the state, rising by a total of just 2.2 per cent on average over the past six months well below Melbournes 10 per cent growth during…

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