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From: G Chaggar
I've been in the market for an IP for some time now, and have been going to auctions as part of my research. Last weekend, a property sold in blackburn(melb)for $300,500
That is not unusual for Blackburn, but a strata title villa unit, on main road, in blackburn south for that much. Considering that a fully refurbished house with 750 sq.m land sold for $295K in a much better location in blackburn nth.I am starting to think it is almost impossible to find a bargain at auction these days.
I need some encouragement from people who have been able to find these so called bargains in todays market.
thanks in advance
Gurbinder
I've been in the market for an IP for some time now, and have been going to auctions as part of my research. Last weekend, a property sold in blackburn(melb)for $300,500
That is not unusual for Blackburn, but a strata title villa unit, on main road, in blackburn south for that much. Considering that a fully refurbished house with 750 sq.m land sold for $295K in a much better location in blackburn nth.I am starting to think it is almost impossible to find a bargain at auction these days.
I need some encouragement from people who have been able to find these so called bargains in todays market.
thanks in advance
Gurbinder
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