The search time prior to purchase was approximately 8 months. Our Melbourne buyer advocates assessed over 20 properties for our client and inspected 8 properties before buying the right property for the right price. Normally we would try to secure the selected property prior to auction, however in this case it was determined that the vendor wanted too much for the property prior to auction. We successfully purchased the property at auction for less than the buyer was prepared to pay prior to the auction. Within a four week period after settlement the property was leased to a good quality tenant by our property management team.