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Thanks for the good advice, Guys. Adelaide is in the grips of a buying frenzy at the moment, with record quarterly increases in the median price of houses and townhouses/units.and no sign of an easing off of prices. A large majority of properties are being auctioned, with stiff competition for...

I have steered clear of Auctions in Adelaide in the present climate of stock shortages, finding that buyers seem to bid with their hearts rather than their heads. I have been beaten by a better offer on several IPs which have had a stated price usually with a range difference of $20k and am...