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AAP
AAP
Rachael Ward

House prices break records as rent unaffordably high

Unit prices experienced their brightest quarterly growth in two years during the June quarter. (Lukas Coch/AAP PHOTOS)

After years of rent rises and blocks of land priced out of reach, aspiring home owner Matthew David looked to the sky.

The 31-year-old sales worker from Melbourne had dreams of buying a house, but adjusted his expectations to focus on buying an apartment instead.

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