Dear Steve I really cannot believe how ridiculous auction prices are becoming I would like to tell you about 2 examples in Balwyn
The first a two bedroom villa was advertised at $360K plus..this went for $507K and the second a 3 bedroom house advertised for $650K plus went for $905K How can realestate agents be getting it sooo wrong One would almost think they are auctioning a different house than what they advertised with these differences How on earth is one supposed to have any idea. I am trying to stop paying rent, I have a good deposit but as a single income this is quite impossible And when you do think something is in your price range boom out it blows at auction time. Not that the above examples are anywhere in my price range Even private sales (which there are not many) are now becoming like auctions, with one private sale I know of selling for $100K more than the advertised price. The whole situation has gone mad