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We found a GOLDMINE site in Doncaster East—725sqm, prime school zone, no overlays. It was an absolute ripper… but we walked away with $1.58M. Was it the right call?
Not every auction ends with a win, but sometimes, walking away is the smartest move. This was a cracking site in Doncaster East—725sqm, prime school zone, no overlays, and ready to roll. But we had to make the tough call when the bidding went overboard.
This week, we cover:
▪️ The Site Breakdown: Why 26 Paula Crescent had serious potential (3:01)
▪️ School Zones & Comps: How we valued this one right (6:59)
▪️ Auction Day: The moment we knew it was time to let go (11:30)
▪️ Feasibility Study: When a good deal stops being a good deal (19:06)
🔔 New here? Subscribe for real-world property breakdowns every week.
🏡 Are you into property and development? Join the Little Fish Network for FREE and unlock our $20,000 Townhouse Masterclass® today!Click here now—it takes two seconds, and it’s free 💰🚀
00:00 - Episode Overview
00:48 - Powered by ReadyBuild™
01:26 - Site Spotting with Guru Gav
02:41 - Auction Failures
03:01 - 26 Paula Crescent, Doncaster East Case Study
06:59 - Checking School Zones
07:43 - ReadyBuild™ Dual & Location
10:19 - Building Overlay
11:30 - What Happened on Auction Day
13:06 - Inside Comparable Sites
19:06 - Feasibility Study
27:38 - Walk Away Cost
29:08 - Outro
Follow me:
linktr.ee/peter.kelly
Powered by:
https://www.littlefishproperties.com.au
We found a GOLDMINE site in Doncaster East—725sqm, prime school zone, no overlays. It was an absolute ripper… but we walked away with $1.58M. Was it the right call?
Not every auction ends with a win, but sometimes, walking away is the smartest move. This was a cracking site in Doncaster East—725sqm, prime school zone, no overlays, and ready to roll. But we had to make the tough call when the bidding went overboard.
This week, we cover:
▪️ The Site Breakdown: Why 26 Paula Crescent had serious potential (3:01)
▪️ School Zones & Comps: How we valued this one right (6:59)
▪️ Auction Day: The moment we knew it was time to let go (11:30)
▪️ Feasibility Study: When a good deal stops being a good deal (19:06)
🔔 New here? Subscribe for real-world property breakdowns every week.
🏡 Are you into property and development? Join the Little Fish Network for FREE and unlock our $20,000 Townhouse Masterclass® today!Click here now—it takes two seconds, and it’s free 💰🚀
00:00 - Episode Overview
00:48 - Powered by ReadyBuild™
01:26 - Site Spotting with Guru Gav
02:41 - Auction Failures
03:01 - 26 Paula Crescent, Doncaster East Case Study
06:59 - Checking School Zones
07:43 - ReadyBuild™ Dual & Location
10:19 - Building Overlay
11:30 - What Happened on Auction Day
13:06 - Inside Comparable Sites
19:06 - Feasibility Study
27:38 - Walk Away Cost
29:08 - Outro
Follow me:
linktr.ee/peter.kelly
Powered by:
https://www.littlefishproperties.com.au