So I am looking at an apartment in melbourne's inner east. The price guide is $460-490K, so looking at that I anticipate they want around $525K.
Looking at previous sales in the block from 2010 and 2011 apartments in this block sold for $515K $505K and $510K.
Are apartment prices in suburbs such as st kilda east, elwood and prahran comparable to what they were in 2010, or is this a case of very low underquoting?
Other possibilty is all 3 payed too much at the time but I'm wondering if the other things mentioned are a possibility
Thanks
price guide from previous sales
Looking at previous sales in the block from 2010 and 2011 apartments in this block sold for $515K $505K and $510K.
Are apartment prices in suburbs such as st kilda east, elwood and prahran comparable to what they were in 2010, or is this a case of very low underquoting?
Other possibilty is all 3 payed too much at the time but I'm wondering if the other things mentioned are a possibility
Thanks
