Why would a similar unit in a strata complex sell for less than others?
I've been looking at this unit in a smallish complex of around 30 other units. They are all the same number of bedrooms, bathrooms, garage size etc. The only difference being some are slightly smaller by like 15-30sqm than others.
Looking through the strata reports, financials, AGM minutes, EC minutes, theres no special levies or defects etc in the complex. The building was built well over 10 years ago, so I would've expectec to see any defects show up in the previous years minutes supplied.
What is odd though is one of the units in this complex 1.5 month ago sold for 715k whilst comparable sales in the area and recent (last 6 months identical unit to the one I'm looking at) have sold for around 775k, even though this unit was only 15sqm or so smaller.
Also noticed the agent didn't list this as a comparable sale. Is something suss going on.