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    Where to buy in Melbourne Thread.

    There are two problems to complaining. Firstly, the reserve price may actually be set within the 10% range and it probably is. The fact that people decide to bid it 40% higher is a free market issue. Secondly, there is some truth that setting lower ranges attracts more people to bid and the...
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    Where to buy in Melbourne Thread.

    If you're luck you'll pay 5% above the range for C grade properties. A grades and even B grades sell 20-50% above advertised range currently.
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    Where to buy in Melbourne Thread.

    Few reasons. It could be because it's difficult to sell B and C grade properties in a flat or down market, but I could easily offload B and C in this market, and pick up A grade (tier 1 location, position, orientation, fit-out etc) on the turnaround. Also by the time the first rate increase...
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    Where to buy in Melbourne Thread.

    Selective pockets have already gone ballistic in Melbourne this year. These areas should match Sydney growth, while the city as a whole would be more subdued. Could be time to sell half the holdings in this pockets.
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