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It's a really tough game to play, and Propertunity makes a really good point about whether or not they be serious about considering offers before auction, or just trying to bump the price up before the real bidding starts... I would do some research also on the selling agent / company. Whilst...

Sorry, I just saw the details about the house and asking price etc. Considering the agent is quoting 300+, I think it would be reasonable to put in a starting offer from 400-420...

Hi Melbournee, I think it will depend on a lot of factors, if it's an investment property, I am thinking you would be looking at what you think it's worth in comparison to how much yield it will attract and future capital growth. If this is the case, then yes perhaps 10%-20% below your...