How much would you have paid?

30 yr old house in Box Hill North, Quiet street, BV
550 sq m

As a first home

http://www.realestate.com.au/property-house-vic-box+hill+north-106466372

2 vendor bids were made at 880 and 890 and still no interest though plenty of lookers.

finally 895k bid then house passed in and negotiation took place

reserve was apparently 950k

what do you think this house is worth?

Lets see, slightly larger than your average place, but probably slightly older.
Average length commute to the city.
I'd say I would have paid about 4-5 times the average household income for the area.
 
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