The Guardian

Want to buy a house in Sydney? Be prepared to pay nearly $120k over the advertised price (opens in new tab)

Underquoting is rife across the country with Melbourne the only capital where more properties sell below the guide than aboveGet our breaking news email, free app or daily news podcastAs states attempt to tackle underquoting, new data reveals fewer than 4% of real estate agents are listing homes within 3% of the final sale price, with properties selling for hundreds of thousands of dollars above the price guide in several parts of the country.Analysis looking at all published price guides for...

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