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I am talking about apartments over units or villas, the villas seem to be doing OK (not great, say 1-2 bidders instead of 3-5 like it would have been a few months ago) but apartments not really that good. One I know of had a reserve at auction of $xxx, passed in on single vendor bid of $xxx -...

I am watching the north at the moment, mainly around the Essendon area. I am seeing prices get marked down, not selling at auction with little to no interest in them, especially apartments, some are more than 10% lower than asking prices a couple of months ago.