/ the MARKET Price > Previous Results
Date of Sale 16-08-08 | Location Median Price $792,300 | Final Sale Price $827,500 | 4%
Comments:
A 4% difference (approx) between the Location Median Price and the Final Sale Price.
Winners:
1st Alison Baker (#1235) | 2nd Peter McKeddie (#1082) | 3rd Ruth Kennedy (#1240)
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Date of Sale Passed-in | Location Median Price $$678,700 | Final Sale Price $ | 2%
Comments:
A 2% difference (approx) between the Location Median Price and the Vendor Reserve Price.
Competition cancelled.
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Date of Sale Passed-in | Location Median Price $580,942 | Final Sale Price $ | 2.8%
Comments:
The property was passed in at auction.
PI 50 Royena Rd BV 6rm 723sqm $520,000 VB res $565,000 Buxton
The Location Median Price was only 2.8% (approximately) above the Vendor Reserve Price.
Location cannot see this development site (STCA) being on the market for much longer after the buyers
have seen the reserve price.
Competition cancelled.
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Date of Sale 26-04-08 | Location Median Price $662,500 | Final Sale Price $605,000 | 9%
Comments:
A 9% difference between the Location Median Price and the Final Sale Price was a surprising close prediction.
The property did not have an Estimated Price Range and it was located in Cowes, Phillip Island which
made pricing the property a difficult task for the location members.
Winners:
1st John Wynne (#1088) | 2nd Lachie Witt (#1216) | 3rd Tracy Peachey (#1158)