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Disgraceful quote, 400k is ringwood pricing.

Thanks JIT, how did the size compare to the Bryson st one (if you saw through that), cheers. I just saw the maling rd sale in the paper.

This one ended up going for 630k, a bit under forum estimates.

The Burwood median is now 800k, I don't think 1.4million is unreasonable for a large relatively up to date house in an above average part of the suburb. In a rising market there is likely to be record prices, doesn't mean the price paid was too high...

Definately, I think all those suburbs are up 30%-50% in a year, but going back a year they had fallen hard from late 2007 prices. The Burwood house looked like a reasonable buy to me.

Cheers DeeHwa, the price difference is about what I was thinking. I would rate Byson somewhat better than Wattle Valley though (due to traffic on Wattle), personally I think it is the best st in Maling Rd area, would rate Scott second. Bryson is a fair way from Surrey Hills, which starts in the...

That is what I thought, what surpised me though is the kids were 3-6 years old so surely they know what they are getting themselves in for in terms of space requirements? My guess is they buying due to proximity to good schools so maybe it is a choice between a unit or an apartment for them?

Agree, doubt it will crack 700k (if so then Bryson was cheap). Would expect mid-high 600. DeeHwa, out of interest what would you say for land values around that area?

This one was in a premium street, 500-550k sounds like an underquote. Maybe in the Chatham area on the other side of Canterbury Road....maybe. What did surprise me most about the auction though was of the 4 bidders, 3 were young couples (2 had 2 kids, the other couple pregnant). I went to the...