I have been monitoring the Rowville (Victoria) area for well over 12 months now and the prices have just taken off in some parts of this suburb. There have been large quantities of people attend the open for inspections and there has been some spirited bidding at some auctions. However I attended an auction last weekend and while there were numerous people in attendance, there was only one bidder. The property was passed in and the only bidder passed up the option to purchase the property. I saw this an opportunity too good to pass up, so I informed one of the agents that I wished to submit an offer. After much toing and froing I purchased the property under the reserve price. So who knows what really is going on in Rowville?