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BackMelbourne Property Market Faces Uncertainty After Budget Changes

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ABC Top Stories2d agoReal_estateAustralia

Melbourne Property Market Faces Uncertainty After Budget Changes

negative gearing capital gains tax housing affordability

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Melbourne's property market is experiencing a significant downturn, with the lowest auction clearance rate in five years.
Experts attribute this to the federal government's recent budget, which introduced changes to negative gearing and capital gains tax, causing investor uncertainty and a reluctance to buy or sell.

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Melbourne's property market is experiencing a significant downturn, with the lowest auction clearance rate in five years. Experts attribute this to the federal government's recent budget, which introduced changes to negative gearing and capital gains tax, causing investor uncertainty and a reluctance to buy or sell.

Read the full article on ABC Top Stories

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negative gearing

Topicscapital gains tax housing affordability property market Melbourne auction clearance rate investors

This article was originally published by ABC Top Stories.

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