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Sold for $515,000, 25 registered bidders

from 980K:eek: http://www.nextplace.com.au/real-estate/104-hardy-road-bayswater:1006698109

Fantastic work, made money on day one:)

Thanks Yes, I thought very interesting too, however something better has come along, otherwise I would have gone to the auction and jumping in myself. I think purely on location its an absolute winner, and just tidy the house up waiting for the zoning to come through, growth a given in my...

Very much in demand due to the location. Quoting $450,000, however you only need 2 bidders to push price up. As this is a unique location and opportunity to perhaps spend $30-40K to make $80K, I am sure it will be pretty hot and go for much higher. The key is finding something that is hot and...

Alex I thought this was interesting property, needs a reno, Govt owned property going to auction , excellent location, opportunity to add value and create equity. Attraction is proximity to river and city, they don't make too many of these anymore:)...

WM is correct. I believe there is still some steam in this market, however, its now not FHB that are the major players in the market it is now the investors. Low balling is a strategy I would use when the market is flat, there is an oversupply and many distressed sellers. At the moment I...