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Haha, I was going to bid on that as well (would have gone around the $600K mark). Seems like so many people were interested in it. Well, you never know, it could be a stupid....ly low price come a few months or years time. What happens if something like that in 5 years time was worth $1mil+...

How about this one everyone is talking about? I decided to repeat it because it was such an awesome result. http://www.realestate.com.au/property-house-vic-northcote-106332010 1/20 Vauxhall Road, Northcote quoted at $460-500K and sold for $712K. My mate's colleague wanted to bid at the...

That is if they are property investors. I would think most are first home buyers or downgraders (i.e. retirees, baby boomers with kids moving out). Could also be cashed up property investors who lean significantly towards capital growth and who could blame them if these prices are anything...

Yeah, they should look up the definition of cosmopolitan before using it! They probably think it has a good ring and sounds 'sophisticated' so hence its usage. The Maling Road shops are awesome, love the architecture and the fact that there is a heritage overlay on the entire strip which...

Hey Paul, I am not too sure about land values in that pocket of Canterbury actually. If anything, I would try and compare a similar sized block elsewhere in Canterbury. So for example, if a typical 800sqm was $2mil in the 4 avenues (Monomeath, Victoria, Alexandra and Wentworth - in prestige...

I believe it would sell for the mid $600K's, possibly $660K as an educated guess (just for the sake of guessing, haha). I also believe this to be a fair and reasonable price given the current market and comparable unit prices in such premium areas. Having said that, I haven't physically...

Whilst not technically considered 'underquoting', it is obvious this unit at 4/9 Grange Road, Kew is either Agent's inability or unwillingness to readjust the price range or perhaps confirms that they are mere salespeople only and have NO IDEA about the current market...

Haha, I was at the auction for the Bryson St unit. Opened on vendor bid of $500K, took a while to get to the reserve of $570K (I think from memory) but blitzed it to about $680K and then the winning bidder came in late and got it for $730K. Not really a surprise as it was a fairly decent...