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.

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

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