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I'm more interested to know how many of these impulse bidders back off after they calm down and realize they've got themselves into some deep chocolate ice cream
I'm more interested to know how many of these impulse bidders back off after they calm down and realize they've got themselves into some deep chocolate ice cream
I'm interested in knowing what results people have seen.
I'm interested in knowing what results people have seen.
15% growth (av) in 2015.
6% growth (av) 1st Qtr 2016
No let up in sight.
Recently paid $1.015M for a property in Earlwood with a price guide of "over $800K" but agent agreed was more like $950K - definitely not $1.0M. There were 3 strong bidders after $1.0M was reached (including us).
Last weekend was beaten on a 2brm unit worth $550K (recent sale of similar was $515K), that sold for $592K.
I'm guessing 20% growth for 2015 especially if the RBA cuts again.
I doubt we'll see 20% growth. More like 6-8% for unit and 8-10% for houses.
Firstly, it was only a guess. Secondly, we've already had 6% from houses in the first Qtr of 2015. Only time will tell. Let's meet back here next year and see.