Curious question. Would a comparable unit next/ below have more impact on your unit valuation compared to the one in the next suburb?
Similar suburbs - easy access to transport and shopping centre.
Let's say the last month sales data looks like this (all relatively new build)
Would the units within the complex set a higher valuation?
Similar suburbs - easy access to transport and shopping centre.
Let's say the last month sales data looks like this (all relatively new build)
- Unit below you 1 bed 1 study $700K
- Unit building next to you 1 bed 1 study $680K
- Another unit below you 1 bed only $550K
- Next suburb Unit higher level 1 bed 1 study 630K
- Next suburb Unit lower level 1 bed 1 study 615K
- Next suburb Unit lower level 1 bed $575K
Would the units within the complex set a higher valuation?
