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PHOTO: Anton Zhouk calling for bids in Maud Street. Photo: Jim Malo

The cooling market conditions facing Melbourne’s leafy east were on full display on Saturday, with multiple properties passing in at auction.

While development opportunities are usually hot property, that was not the case when blocks in Balwyn and Balwyn North went under the hammer.

“The market’s adjusted a little bit, everyone knows that,”  said Buxton Balwyn director and auctioneer Anton Zhouk.

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