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Thanks guys. Some awesome suggestions here. Congrats on the purchase Singo! Glad it came in handy...though we are yet to buy :)

Turns out the other 'cheapie' was bought by our broker's clients. Kinda gutted. It was an easy 150k odd in a matter of hours :).

Hi guys, We lost the auction as it sold for $640k ($110k more than the market valuation). We didn't even get a chance to bid. Earlier this morning we went to observe another auction up the road and the land was much bigger, not a corner block, on the low side BUT had a lane way/park on one...

Thanks MTR and Player! Our broker is a champ to offer to come with us to the auction and we appreciate every bit of that support! I have a good feeling about it......Fingers crossed, we really want it.

Thanks for the great advice guys!!! Very much appreciated! smitr, why do you say watch out for people in track suits? We got the vals back today at $530k. What if it goes for a higher price? Do the banks/valuers consider sale price at an auction as the market value? Obviously we'd find a way...

Thanks Guys. Its a deceased estate and the agent said they aren't taking any offers. I don't want to reveal my max by putting the best offer so will go to auction. Mystery, why do you love auctions? I get nervous. I liked one auctioneer in mount druitt though. He's in his 70s....auction was so...

Thanks for the suggestions guys. Yep it's for PPOR. I'm kinda getting drawn to keeping quiet till the end. It doesn't help, one of my work colleagues saw me on RE yesterday and pinged me today to tell me we might be going head to head!!! He said he wasn't sure and will decide Friday night or...

Hi All, As the title suggests, what would be your suggestions on bidding in a hot market. We are looking at a property that's on auction and is likely to get a lot of interest due to the local school, proximity to trains, shops etc. To add, the house is in knockdown condition on a corner lot...