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AAP
AAP
Farid Farid

Million-dollar homes here to stay in record five cities

Melbourne is one of five Australian cities where the median house price has reached seven figures. (James Ross/AAP PHOTOS)

Buyers beware - it costs an average of $1 million to enter the housing market in most major cities as political leaders try to woo potential homeowners.

Adelaide has become the fifth capital city to break into the million-dollar club, with the median house price in South Australia's capital now $1,000,202.

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