in property prices can be uneven - your neighbour may be able to sell at high price but if you put up your property for sale you may fetch a lot lower with similar property.
I remember many years ago two bedroom apartment in South Bank the asking price was $800,000 and for a long there is no buyer. Then the developer got his friend to buy 3 units at 800,000 each and after that there were a rush of buyers. You reckon how much two bedroom unit is selling today at South Bank, Melbourne.
