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Show Notes
https://www.youtube.com/watch?v=x0ikf6vtXPQ
A recent article by CoreLogic suggests that in most cases you shouldn't pay the asking price for a property as over 75% of properties sold in Australia sold for below their asking price.
0:00 - Introduction
0:30 - 75.6% of properties sold for less than their asking price in the last 3 months
1:45 - What about in individual capital cities?
4:24 - Market value is much more important than asking price
5:24 - How to find the exact vendor discount for individual suburbs
7:44 - Look at the average vendor discount as well as the trend in the discount
Location Score - https://onproperty.com.au/score
Recommended Videos:
Australian Property Market Update: May 2019 - https://www.youtube.com/watch?v=OgMPANEXz8o
Is Brisbane Cheaper Now Than It Was 10 Years Ago? - https://www.youtube.com/watch?v=U_dJqIADBJ8