VICTORIA is now Australia’s leading property market, as one of the only states to see growth while the rest of the country falters.
The state has emerged as the biggest market for property loans since last quarter, growing 11 per cent, according to one of Australia’s largest mortgage broking groups, AFG.
Comparethemarket.com.au found that Victorians are streets ahead of the rest of the country in total funds lodged in residential property transactions across the first quarter of the 2018 financial year.
The NSW property market has slowed down considerably, experiencing year-on-year decline.Source:News Corp Australia
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