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Hi Guys Just an update, looks like a $30K drop, no profit to be made here, only losses. http://somersoft.com/forums/showthread.php?t=31772 MTR

Haha, like that. Its a tough market and what I am finding is it is really difficult to deal with some of the agents, they would sell their mother if they could. Cheers, MTR

Hi Westminster there are markets in Perth that are moving very fast it is all about affordability and close to the city sub $400K, I purchased 2 in an area approx 12 km to city and the first property was valued at $30K above purchase in 2 month period, it not a boom but there are certainly...

Thanks mattnz, lies and damn lies, RE agent stated $345K Figures still not good, we estimated $25,000 this was not a new kitchen, just benchtop, wonder what they paid for the kitchen as stone bench top etc. Not sure whether it would sell at higher end. I will keep watching, just curious...

Hi Sammy this is the renovated property, the after shot. Cheers, MTR

Hi All about 4 months ago we attended an auction (property on the market again, after reno, see below). We were not successful. http://www.realestate.com.au/property-house-wa-alexander+heights-112272619 RE agent advised that the sellers were close to losing their home, banks at their...