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PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Sunday, 16 August 2020

Hang in there, Victoria

New cases trend down slowly

There have been eerie videos of Melbourne doing the rounds this week, as the brutal lockdown continues.

Slow but steady progress is being made on the spread of the virus, with the 7dMA number of new confirmed cases steadily declining. 


Victoria has 7,671 active cases. 

To date, there has been little to report elsewhere. 


Sadly, there have been a few deaths under the age of 60.


There are 47 cases remaining in ICU, for a decline of 6 this week.

Australia has thundered through 439,609 tests this week. 

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In auction news Sydney recorded a preliminary clearance rate of 67.8 per cent from a higher 668 listings this week, according to CoreLogic.

Domain put the median price of property sold at auction this weekend at $1,230,000.

It's hard to even say what's happening in Melbourne, with the lockdown to be extended for another month. 

Brisbane hasn't seen many auctions held, but lower interest rates have supported the market well, and prices have been rising in some areas.