Agree completely thejonesboy, just last Saturday they were talking 300 auctions in Melb, surprise surprise, only 250 reported, i know they don't get all the results in, but i'm sure they receive pretty much all the ones that sell.
UT - As someone who is looking to buy the first house trust me it is very relevant, the extreme buying that was going on early in the year, compared to the number of properties coming on the market now, our house could easily cost $50k less in a few months time on a $420k place.
