Three men arrested over a brawl outside Luna Park on Sunday have been released on bail. Photo: PR IMAGE PHOTO

Two young men accused of being involved in two machete attacks in the past fortnight have been released on bail, despite a magistrate acknowledging Victorians "feel unsafe and scared to go out".

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Two gangs were involved in a brawl outside Melbourne's Luna Park on Sunday, where two teens were struck with a machete.

Three men have been charged and each faced Melbourne Magistrates Court on Wednesday where they all successfully applied for bail.

Abbas Mazrawi, 18, Mohamed Khan,

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