Hello guys, I'm having the same problem my apartment cbd Melbourne has been evaluate 340k just last week, in 2007 it was evaluate 380k (very funny it went backwards), the apartment next door has been sold for 540k last week. so i tried to show the bank all the evidences ( about 10 sold apartments in the same building in the last 6 months), but what ever the evaluation company said the bank believes. Im filling out the forms to bring the evaluation firm to the VCAT (TRIBUNAL).
What do you think? or do you have any other suggestion? IM VERY VERY UpSET  and also i paid ($220) for the evaluation but hired by the bank.
Ciao for now ( I have 1.3 millions dollars in loans with the same bank…..no bloody respect)