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There were bargains after the GFC . We bought one ( well , two ...) We offered around 40 % under asking price for two units in Mosman . When the vendors came back and said they wouldn't accept less than a 30 % discount on their asking price , we were happy to agree . My wife and I had an...

Then you negotiate . I'm talking about IP's , though we have negotiated on those many times . Depends on your aim . Cliff

I'd disagree . You ( and often the agent ) don't know how motivated the vendor is . You make an offer ( which the agent has to pass on legally ) and don't make a counter offer . Next time ( same agent ) , low ball offer .... Owner asks the agent " what do you think you can get them up to...

Having said that , there will always be occasional bargains , wher a HIGHLY MOTIVATED vendor hits a a slowing market . I have seen good individual properties sell for those dramatically decreased prices . To pick those up you need to see lots of properties and make silly offers and have lots...

Those who predict a big drop are unlikely to be happy . While the GFC did produce some bargain properties there was no wholesale crash , and that was ( I think ) the biggest down turn since the Great Recession . Affordability and sentiment will slow or even stop the market , but people...

Upper northern beaches is one of the last places to move but t has moved strongly recently . If PPOR , buy where you want to live ..... If I definitely was looking in Sydney , I'd look at warriewood / Mona Vale or maybe a unit at dee why , but probably end up buying out of sydney as all of...