Peter Kelly Property

Calculate a Property’s REAL Value Before You Bid!


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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)

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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

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Peter Kelly PropertyBy Little Fish Property