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Hi Index Fund, Have you looked in the North? For a 3 bedroom house with yard at or under $260k - Have you looked at Roxburgh Park or Craigieburn? Plenty there in that price range, 20-25km from city, both have train stations. You could probably pick up a villa in closer suburbs 12-15km...

I'm wondering what's legal in the quoting price by agents? I thought it had to be within 10% of the Reserve price? This house in Ascot Vale was quoting $580k+, it was passed in at auction with a Reserve of $700k! That's quoting well under 20% of the reserve price...

This was a private sale in Ascot Vale - asking price $189k Sold for $251k! http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=104339117&cc=AUSTRALIA&c=40030569&p=10&s=vic&t=res&tm=1191940000 Cheers, Jen

Hi GSJ, Was that link supposed to be to a story on the Hazards of hybrid cars to blind people? :confused: :D If it was supposed to be a link to the highest median rents being in inner Melbourne - I'm not sure what that proves, as the housing price in Inner Melbourne are also significantly...

Very interesting events regarding this property - just spoke with the Ormond valuer of this property (valued after the auction) and the valuer valued it at $360k!! That's an instanst $60k loss in terms of securing finance, etc :eek: The valuer said the person didn't understand the prices in...

Still hot!! Went to this auction today - 2-bedroom in Prahran, renovated, refurbished block - quoting $380k+ Sold for $510k http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=104251151&f=10&p=10&t=res&ty=&fmt=&header=&c=35268739&s=vic&tm=1190451497

No, and it's not in the paper :( But would be curious if anyone knows. This is also an interesting one - not sure exactly what it sold for (again, not in the paper :( ), but based on Sold Result in RE.com, I'm guessing $355k. Quoting price was $240k+ , unrenovated ground floor 2-bed...

That's what I'm hoping! :D Cheers, Jen

The heat is definitly still there!! We're very happy about this one - this unit in Ormond (slightly further out than "inner ring") sold for 37% over quoting (quoting $300k, sold for $411)...

HI GSJ, Yes, they are small 2-bedders (we almost bought the unrenovated one at $265k last year - just didn't have that finance approval yet so lost it with the subject to finance clause - grrrrr!!!! :mad: - aren't we kicking ourselves now?!?:( ) :D The only major issue with the block is...

Yes, Inner Melbourne market still very strong (84% auction clearance again) - this 2-bed unit in Armadale was quoting "in the vicinity of $280k" (last year an unrenovated unit in the block sold for $265k and renovated for $330k)...

Where haven't we been looking is a better question!! :eek: You could probably list every/any inner city suburb and we've been watching it.....can't quite justify the low yield returns (on units) - we're totally priced out of the houses (looking in the 300k range) - we like to have properties...

Melbourne inner city market still hot (:mad: - we want to buy!).......auction rates 85% clearance again. We decided to look outside the square this weekend and went and checked out Craigieburn/Roxburgh Park - quite a few reasons for this, one being that we looked into it pretty heavily about...

Hi MTR, The market is still very strong in Melbourne - 84% clearance rates this weekend. Cheers, Jen