Recent content by Hugh Jarse

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    Sydney to Canberra Corridor (Goulburn, Moss Vale, Queenbeyan)

    Attached are some further reports re Goulburn. Essentially they suggest moderate growth with relatively stable drivers including Police Academy, Gaol, govt departments, TAFE, transport, agriculture, wind farms. The proposed High Speed Rail (if it ever happens) will stop at Mittagong...
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    Under-quoting still happening

    Similar properties in the surrounding streets in similar condition ranged in price around $330k to $380k, however this property had a GF as well and my estimate was that it would sell around $410k to $440k. When the agent's ad said 'bidding guide $360k' I would at least have thought that the...
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    Under-quoting still happening

    PSBA = Property, Stock and Business Agents Act (NSW) Around section 51 it talks about agents and auctioneers obligations regarding offers / bids. Still not sure whether to bother reporting the agent or simply refuse to deal with him or his agency again? Any other suggestions on I can...
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    Under-quoting still happening

    Attended the auction of a 3br house + granny flat on an average block in a large NSW regional city yesterday. It had been advertised by the agent as "bidding guide $360k", however at the start of the auction the auctioneer refused to accept a bid of $360k, took an initial bid of $370k, and the...
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