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If your vendors waited, they could probably get more then anyway - we are in a rising market ;)

Oracle a lot of Sydney has shown losses since the peak of the boom in 2003/4. Now the market has lifted again in 2009 it has just reached those highs from 03/04 again (and some places much more).

Read the fine print of his post ;)

Graeme, look it is a seller's market not a buyer's one. If the unit is worth $350K then why would the owners sell it to you for any less? The only thing you could offer is to buy it for say $340K assuming they don't have to pay REAs commissions of 2.2 - 3% (about $9-10K) Well offer them a quick...