so news on the ground from real players....today....and I am still waiting to hear from other posters who I know are in the market now I copied this from another forum................
Couple of stories from the road.
Yesterday I inspected a trashy 2 bedder unit in elsternwick, asking price was similar to when I was looking last year at $430. One thing I did notice is I saw the youngest looking prospective buyers I have ever seen...
I then proceeded to an Auction in Sth Melbourne asking price was $570-600 four seperate bidders in the end resulted in a final sale price of $630.
I have a friend who bought a unit in Collingwood for around $310 exactly a year ago. Relationship has gone sour and they want to sell, realestate are saying that he will be looking at around 400k. Place is an absolute dark shoebox, will be interested to see what they end up with.
