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OP here. The replies have shown that I was treating 112 days as one continuous signal when it may include reductions, withdrawals and very different property conditions. I’m narrowing the neighbourhoods and configurations first, then separating current competition from completed results. I’ll...

First post, so apologies if this is obvious. I’m deciding whether to bid materially below asking or keep waiting on Sydney small multifamily properties around A$638,400–A$957,600. I’m seeing roughly 112 days on market, but the market feels split: properties with a clear insurance position move...