"Yep sure whatever you say BG - there was certainly no drops in...

  1. 11,875 Posts.
    "Yep sure whatever you say BG - there was certainly no drops in prices in the areas I look at around that time."

    UT, did you look at advertised prices or did you look at what they settled for?

    I owned a block in redland bay which is a top performer in QLD and there is a massive difference between advertised prices and settlement prices

    I used to laugh at the advertised waterfront 500m square, $14 million block just around the corner from me. When similar blocks were settling for 400k during the GFC - 100k below their purchase price

    it was nothing to laugh though, trying to offload mine

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.