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Hi Tilt, I appreciate your opinion but I disagree. Melbourne is the auction capital of Australia and the industry here usually abides by the adage "quote it low, watch it go". Currently, much to many a buyer's frustration, properties are underquoted between 8%-15% of the expected sale price...

If you want 620 just quote a range ... $580,000 - $630,000 You'll quickly find if you've priced it too high or low from the interest in the market...