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Interstate investor beats locals to $400,000 Melbourne unit

The Australian Financial Review (AFR) •
November 08, 2026 • 08:14 PM
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Falling prices in Victoria’s capital have created opportunities that buyers from Brisbane and Sydney are now jumping on. And they’re quicker than Melburnians.

Interstate investor beats locals to $400,000 Melbourne unit

We speak to the team behind the most intriguing recent property sale.

The property: A one-bedroom, one-bathroom apartment at 8/282 Riversdale Road, Hawthorn East, Victoria. Sold by private treaty for $400,000.

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