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The Australian property market is on fire as prices rise to their highest level in over a year in anticipation of the Government's 5% Deposit First Home Buyer scheme. I’ll show you how there has been strong growth in all capital cities that could drives prices up $50K - $200K over the next several months. Here’s what I cover in this update: String price growth in Australian capital cities. Rents are starting to go up too. Although some areas like Darwin have had strong growth, that may not last. Demand is outweighing supply across the country and until the imbalance between supply and demand is righted, prices will remain firm. Are you thinking of buying now before prices rise even further? Leave your thoughts in the comments. Make sure to like, subscribe, and hit the bell so you never miss a property update!