Rich and I have been madly househunting recently. We found a place that suited us in the right location (Westgarth part of Northcote) needing just the right level of improvement. It was a cute but sturdy brick place on a quiet street (but just around the corner from the shops) with a station/trams nearby. Its only downfall was its small size and courtyard garden. We were prepared to put up with this in order to prioritise our need for social interaction over space (being new in town). We planned to look for something bigger in about 4 yrs time.
We were determined to get it as we haven't found anything else remotely suitable and are in a hurry to settle before we welcome Bongo into the world (im due NYE).
We did all our homework, working out the budget, paying for a building survey and a solicitor look at the contract etc etc. We had a startegy for the auction (dad is an old hat at them and likes to cooly slow down the bidding with low incremental offers at the right time). I had moving in in my head.
Sadly it didn't go to plan and sold for over $100 000 over the guide price. Ouch!

If you look closely you can see Dad and Rich plotting under the tree. The guys in the cap on the far left won. He had a bidding war with the girl in the green dress's partner on the top right. They both looked like double income no kids types with lots of money.
I was dissapointed and admittedly had a tear or too hidden behind my oversized sunnies for a min as it passed out of our reach. I was relieved however that we missed out by such a large amount. Another saving grace was that we finally saw another place with potential that morning so the saga continues...