Why Sydney won't mirror Melbourne's apartment glut

The apartment markets in Australia's two largest cities have diverged and it looks as if Melbourne prices could be headed for a fall following a flood of investment.

Australia’s two largest inner city apartment markets are developing in vastly different directions. Melbourne has achieved what Sydney has always wanted to achieve but is about to discover what actually happens when a city gets what it wants.

While in Sydney, market moves are making it increasingly less likely that Harry Triguboff’s Meriton will be sold to the Chinese.

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