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Election plays second fiddle

Australian Financial Review Weekend

Australian Financial Review Weekend
By Rebecca Thistleton
31st August September

For the first time in memory, a looming federal election has not dampened the enthusiasm of home buyers, real estate agents said.

More than 830 auctions are scheduled for Melbourne on Saturday, and nearly 550 for Sydney. Both cities have posted record clearance rates in August.

Low interest rates have boosted competition for property, especially from investors, who have access to cheaper finance and seek better returns than cash or equities are delivering…






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