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Just having a browse of some of the older 5 star threads.Just over 2 years ago I was selling a property in Brisbane at Wavell Hts. It was in a street which offered clear city views, was elevated, 607m2 and needed plenty of renovations. Offers came in at 150k and 160k. I may have had one at 165k, can't remember. The owner stuck firm, wouldn't negotiate at all, he was under no pressure to, if he didn't sell he knew it was in a great position anyway. I tried to tell every buyer what a great buy it was, and yes, they may even pay $5-10,000 above its market value, but the rateable land value went up the year before by $15,000 and was highly likely to do it again the next year. Anyway, no-one bought it.
Now the same property will sell between $280,000 and $320,000, maybe more. The point is, what would it matter now if they had paid what the owner wanted. I know hindsight is a wonderful thing but not everytime does it have to be an outright bargain of the century. When I bought my current home, we paid a good price considering it has major white ant damage in the roof. I wouldn't swap it for the world (so to speak) considering I have 2 boys and we back onto a large park. I can fix the damage but the position is priceless to us. Sometimes you just know a property is right for you.
Congrats on your purchase, sounds like a great buy.