Wannabe investor here. Own 0 IP's. After a little advice. Just put an offer on a townhouse. Seller is asking offers over $225k Checked rpdata, seller purchased it a year ago for $230k. I found another townhouse very similar & within the same complex. This sold approx. 1 year ago for $210k. Only difference is it doesn't have a small shed, little garden + colourbond patio roof + side access. I haven't seen inside this other comparable property, just going by photos I can find online. Estimate rental appraisal = $310pw Body corp $1700pa So thinking below market value my first offer was 200k. The agent actually sounded a little offended & said he wont take this offer to the seller because he will "lose the listing". So I said I'd come up to 210k. But he still refused to take the offer to the seller & asked me to sleep on it. He also mentioned the owner would most likely sell at $225k. I guess it does say offers over $225k But does it really hurt to take my offer to the owner?