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none of mine were development sites, subdivide or tear down to build duplexs is happening but not yet, still a while away, these were all buy, fix up, and hold ones, in fact one of them was asking $155k for ages and ages, I offered $140k, didnt get it, this was gutted by fire and needed...

12-18 months ago there I was looking at 5 properties in the same suburb, they were asking about $150-$160k each, in terrible condition (but thats beside the point) these were priced quite fairly maybe even $5-$10k too high, Some sat on the market for a few motnhs I made a few lowballs hoping...