business
Why buyers are struggling with unrealistic price expectations at auction
An ambitious first home buyer lobbed a bid which was $330,000 under the top of the property’s guidance range. It sold to another first home buyer for just over its reserve.
After a bold first bid of $190,000, a first home buyer missed out on a two-bedroom unit in Clayton, in the outer east, which ultimately sold for $492,000.
Listed with a range of $480,000 to $520,000, the home at 2/6 Wright Street, featuring separate ... [1611 chars]
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