203K for a 2 bedder in Parra - Fake News??

Discussion in 'Property Market Economics' started by Numbers_man_numbers, 29th Aug, 2018.

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  1. Numbers_man_numbers

    Numbers_man_numbers Active Member

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  2. Shogun

    Shogun Well-Known Member

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    Did they sell it to themselves (a company owned my them) ?
     
  3. Scott No Mates

    Scott No Mates Well-Known Member

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    Possibly a related party transfer.

    upload_2018-8-29_8-34-12.png

    Linky
     
  4. New Town

    New Town Well-Known Member

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    If you see a number that's not rounded off, like that one 203,334, it gives a clue that it was possibly a part sale or a related party sale
     
  5. Cimbom

    Cimbom Well-Known Member

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    Seems like an appropriate price to me :p
     
  6. Scott No Mates

    Scott No Mates Well-Known Member

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    Sounds like 1/3 of $610k
     
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  7. ChrisDim

    ChrisDim Well-Known Member

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    It'd be partner buying other party out, then remaining owner sells off.
     
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