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Police have arrested a 47-year-old man after a woman was fatally stabbed at a residential address.
Emergency services were called to reports a woman had been stabbed at a home in Cousin Drive, Bayswater, in east Melbourne on Saturday at 11.15am.
They arrived to find a deceased woman inside the address.
The woman is yet to be formally identified.
Victoria Police said a Bayswater man was arrested a short time later at a neighbouring address.
They said three teenagers were at the scene at the time and reportedly witnessed the incident, with one sustaining a minor injury.
Homicide detectives are investigating and anyone with information is urged to contact police.