Bl00dy melbourne RE...boy is it hot. Latest interest was a 2X 2br in a reasonable suburb. Needed some work, but was unusual as it was an ok block with split services in a good street.
My max. yesterday after doing lots of "what ifs" was 880. Whilst driving there i thought "gee id really love to own that - i could possible add another 1/2 on that block ina few years", so I crank my max up to 950k, bearing in mind at the beginning of the campaign they were talking 650k+.
Anyway, I got the odd bid in but when I drove off it was at 1.02m so it wasnt going to be mine. <4% yeilder at that price, seems exe but then again when ever i thought that over the last 15 years I've been wrong.
Back to the drawing board.
pieman
My max. yesterday after doing lots of "what ifs" was 880. Whilst driving there i thought "gee id really love to own that - i could possible add another 1/2 on that block ina few years", so I crank my max up to 950k, bearing in mind at the beginning of the campaign they were talking 650k+.
Anyway, I got the odd bid in but when I drove off it was at 1.02m so it wasnt going to be mine. <4% yeilder at that price, seems exe but then again when ever i thought that over the last 15 years I've been wrong.
Back to the drawing board.
pieman