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Na I don't do it as much now as I'm not in the hunt. But at the time I had also called every agent in the area. I made dozens of calls. But not all of them will give you a head start, some will just throw them onto the market. So you need to do both:)

It takes literally 10 seconds to open each app and hit the refresh button:)

Just refresh RE / Domain every day and wait for the new listings to pop up. I believe Domain has alerts too, but they are delayed a little, which could cost you. If you have a smartphone, just refresh the app like every hour.

I use Google Maps and AllHomes to study the land shape and size, Street View to check out inclines etc and the home itself. Then I also use SV to look around the streets to check for anything funny, then calculate distances to bus stops, shops etc. There's a lot you can tell about a property...

Second day of what, listing or open house? And "within a week" - that's too long already. In a market like this you need to go in with a strong offer within a few hours of listing that will disuade them from waiting until the first open house. Once people get to see it you have no chance. In...

Brisbane generally takes off in the summer. Not sure why but Queenslanders seem to like buying when the weather is good. Anyway I predicted Summer 2013 was going to be the boom. I was wrong. Then summer 2014. Wrong. Dammit I'm positive it'll be this Xmas!

If the boom in Sydney is anything to go by, freaking anywhere:) On a more seriousness note it depends on your strategy.

You could consider buying some land in good parts of Sunnybank for that. I can see wealthy Asians paying a huge premium for that once the boom is in full swing. The big spenders all want to buy newish or build. Holding costs would be high so it would only be if you want to hold for the short term.

You could have gotten something in that price range literally 6 months ago. I bought in a prime part of Sunnybank Hills for 540k last Dec. Another 6 months before that a similar house to mine sold down the road for 480k. Now they're slowly approaching mid 600k, e.g. 3/1/2, 663sqm land, sold...