Melbourne Property Price War: Can’t buy a house close to Melbourne CBD for under $850,000

FORGET about buying a house for under $850,000 close to the city unless you are prepared to settle for a dump like these. 

A Sunday Herald Sun analysis of listings on realestate.com.au found there are only about 100 detached homes on the market with $850,000 or less in the price guide within 10km of the CBD.

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