This first one bedder was listed about ten days ago at 'offers above $525K'. http://www.realestate.com.au/property-unit-nsw-marrickville-120031949 Then mid last week the unit directly above it was listed at 'offers above $450K'. http://www.realestate.com.au/property-apartment-nsw-marrickville-120072253 Steven Ryan here told me about the second one - I didn't know it was on the market because there was no sign for a while. Steven knows everything about Marrickville listings. I had a stickybeak at both of them - the second one is across the hall from a flat I bought about 18 months ago. The one that was listed second had possibly the most disinterested agent I have even come across at the open. He was a nice bloke, but over 70 and he was out of area. He wasn't keen to talk much about the flat, but would talk about everything else. One potential buyer commented on the traffic in the crazy narrow street out the front. The agent shook his head and said, 'terrible street. Hopeless.' I waited for the agent till he was finished and helped him with his sign. I asked him what he reckoned it would go for and I said I could sign the contract and write him a cheque then and there for a 10% deposit on a $480K sale price. He said $480K might do it. Then he pointed to the other sign and said , 'They reckon they're going to get over $520K. They're kidding themselves.' When he said offers would need to be submitted Monday, so I knew it was gone. They changed the asking price on that second flat today to 'offers above $520K.'