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| The Bar For non Automotive Related Chat |
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11-08-2021, 10:35 PM
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FF.Com.Au Hardcore
Join Date: Mar 2019
Posts: 584
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I'm not sure that they really under-quoted, just the market is stupidly hot in the area I am looking at (north eastern suburbs).
Agent seemed as genuinely surprised as I am at the price (it went for over $800k) - 3 months ago it would have gone for around $700k; 6-12 months back it would have gone for about $650k. Most places being advertised are no longer showing a price guide - they are just "Best offers by..." and you have to then sort by price to see what they fall between (and then add $100k to that). Even the place I sold ended up going for more than $50k than the price that was my "too good to refuse" price. I don't think we underquoted; I think the buyer overpaid...but then again he now owns a house and I am renting while waiting for the "right place" to come along, and trying to work out how I can single-handed crash the market |
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Re: Australia housing bubble
Threaded Mode