Discussing the property market is a popular Australian past-time but when it comes to revealing how much we spent they are a little more tight-lipped.
A survey by online property listing website realestate.com.au has revealed while some like to keep the information to themselves others are quite prepared to lie.
About 4 per cent of buyers say they may have inflated the purchase price when discussing what they paid for their property.
Men are twice as likely than women to try and make out their property is worth more, while younger buyers also talk it up more than buyers aged over 35.
State-wide the survey found that 5.2 per cent were likely to say they paid less than they did.
State-wide, Victorians are the most honest, while Queensland and South Australia were found to be a little partial to a white lie.
Story Source: www.news.com.au
House prices are on the rise. Find out the value of your property now.
Get a free online property report from Hicks Real Estate. It takes seconds.
Hicks Real Estate Team
Hicks Real Estate is a Brisbane based, full-service real estate agency supporting buyers and sell as well as renters and property investors. With almost 20 years experience in the local market, we are the real estate experts you can rely upon.
