VIC Former Sunshine council building sells for millions over reserve at auction

Discussion in 'Where to Buy' started by apk, 3rd May, 2018.

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  1. apk

    apk Well-Known Member

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    apk, 3rd May, 2018
    #1
  2. TSK

    TSK Well-Known Member

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    TSK, 3rd May, 2018
    #2
  3. melbournian

    melbournian Well-Known Member

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    crazy and ppl say - melbourne is gloomy (guide of 2.3-2.5 mil sold 5.581 mil)

    no diff to the auction i saw in the CBD - 9.5 mil to 15 mil + (661 bids - 8 Bidders lasting 2+ hours)

    upload_2018-5-3_16-47-6.png
     
    melbournian, 3rd May, 2018
    #3
    apk likes this.
  4. Sackie

    Sackie Well-Known Member

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    Since 18 years ago I've heard hundreds of reasons why its a bad time to invest in real estate, each and every year. Quiet times are bad to get worse, growing markets times requires great caution and booming times are imminently dangerous. Its never a good time for many.
     
    Sackie, 3rd May, 2018
    #4
    MikeyBallarat, wylie, apk and 2 others like this.
  5. melbournian

    melbournian Well-Known Member

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    Believe in ur research and strategy and goal is what I say - market has cooled def can’t just buy anything and expect it to grow have to think outside the square
     
    melbournian, 3rd May, 2018
    #5
    MikeyBallarat and Sackie like this.
  6. Qdog

    Qdog Active Member

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    Now IS the time to buy in the right area. Competition is so low atm comparatively ppl are regularly getting around 50k discounts IF they get their **** together and can make their offer "unconditional" rather than "subject to finance" clause
     
    Last edited by a moderator: 14th May, 2019
    Qdog, 13th May, 2019
    #6