hong,
my grandmothers place in (west) ivanhoe - knock down, but on a corner.
RE took to auction with a developer keen as he had bought the place next door a month previous.
asking 680k sold 780k.
a young family from china never been through a sent the price up 50k in one hit. 60 day settlement cash buy.
the developer went away rather despondent.
its happening and its not a 'rare' thing.
