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The Covid19 pandemic sees a rise in the Australian realestate prices

An aerial view of residential housing. Source: AAP Image/Dave Hunt

Real estate prices in Australia in the last 12 months have risen by an average of 20% , it is the fastest growth since 1989. At the same time, the market saw a record number of properties being sold, the highest in nearly 20 years, says financial advisor Michał Brandt.

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