Spot on thecook.
I went to an auction this morning in Cheltenham (20km south of Melbourne). Good location in school zones and a lovely place. Double story, 4br, 3 bathroom, two car garage, swimming pool. A few weeks before the auction, the agent was talking up a sales price in the high $600K's. A crowd of about 30 people in attendance.
Auction started off at $600k - no bids. The auctioneer took it to $650k - no bids. Finally took it up to $690k where it was passed in on a vendor bid (even though there were no bids at $600k!).
So much for the interest rate cut giving a boost to the market.
- Forums
- Property
- have u still got your head in the sand
Spot on thecook.I went to an auction this morning in Cheltenham...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)