Without knowing or seeing your property in the flesh, it is very difficult to provide specific advice as to how to display the price of your property.
We suggest you look at properties within your suburb that have recently sold, or properties currently on the market to see how agents are advertising other properties in your area.
Keep in mind the below points when deciding how to display your price:
Set Price = $500,000
A set price provides a very clear indication as to the price you're looking to achieve. You can still negotiate up from this price as if you're in a competitive market, your potential buyers will help you to drive up the price as the competition heats up!
Price Range = $500,000 - $550,000
Be sure to set your price range to no more than 10% from the bottom value. A price range shows your buyer that you are open to negotiations, as well as setting a ball park figure.
POA = Price on Application (Or not displaying a price)
POA can have two effects depending on your buyer
Firstly, the buyer may see your online listing and think - "If they're not showing a price, they must want too much for it, I just won't bother"
Or secondly, it may make the buyer curious of the the price and encourage them call you to find out. This makes your phone ring and gives you a chance to sell your property's greatest features to them over the phone. Also once you let them know the price you are looking for, it gives you a chance to gain feedback from the buyer as to whether your price is reasonable in the current market.
As you can edit your listing throughout your entire campaign, you may choose to change the way you display your price at different points, and assess which pricing method works better for you.