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$13m sale defies slowdown 11/05/12

A RENOVATED Victorian house in Hawthorn was sold this week for just under $13 million, defying a slowdown in Melbourne's property market. The off-market private sale of the Kooyongkoot Road home was well above Hawthorn's median house price, which Australian Property Monitors calculates at $1,022,000. The house, believed to have been sold to an overseas buyer, is on a 2788-square-metre block in the Scotch Hill precinct. It has a tennis court and pool and is the suburb's second most expensive piece of real estate...

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