The recent sale of several Department of Housing properties in Sydney’s Millers Point have raised a number of eyebrows because their sales result was so far out of line with their sales agents’ expectations.
Marketed by different sales agents both properties sold for significantly more than the official price guide quoted.

119 Kent Street sold for $1,911,000 and 29 Lower Fort Street for $2,560,000, 35.5% and 45% more than their official guides respectively.

http://www.propertyobserver.com.au/forward-planning/advice-and-hot-topics/35224-underquoting-sydney-spring-auction-market.html