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I agree Dis, Virtually impossible to buy below below market now in a location that is in great demand and in a rising market such as the one that Melbourne is currently in. If you put in lowball offers the agent will just move onto the next person, and then you will be out looking again...

Hello Mervovingian, Don't give up hope! Have you thought about looking in different areas, or even interstate? How about some parts of Sydney that are not doing so well at the moment? (I don't know anything about Sydney, so am just throwing some ideas around). 18 offers on the one...