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try this one. went to the auction late dec 09. I already thought it was expensive going for 510K 608/102 Wells St , Southbank http://www.realestate.com.au/106163267 and than bang.. just 2 days ago. agent sold this one for 631K. Only diff 4 floors and and ensuite. Both same size...

so say you bought a 350sqm home and land package in point cook for 350K 2 years ago? how much would that place be worth now? With so many point cook packages and having so much more land. Just thinking rationally why would you buy off someone when you could build your own house?

How much return are you expecting with 4 houses in Point Cook?