I went to 20 auctions last 2 months around Manningham area. All sold much above the advertised price to Chinese buyers. It seems very hard to compete with them.
Then I talked to the agent, which only do private sale. All normal houses (not on the main road, rectangular block of land) can be sold within a day. I can't even get a chance to inspect it.
Manningham is tough at the moment. Hardly any development stock. Very frustrating!!
Oscar