It might be fairly priced, looking the most recent same street sales from the last 10-11 months:
42 Thames dr sold 29/07/14 $246000
35 Thames dr sold 01/08/14 $260000
That's interesting to know. I did notice he had a lot of listings, I suppose if he has a property I'm interested in I will have to play the long game and take a chance someone else won't overpay.