The median house price is the most quoted number in Australian property reporting. It is also one of the most misunderstood.Data providers release suburb and city median figures on a monthly basis and those figures circulate widely. Those numbers get picked up by news outlets, shared on social media, and used by buyers and sellers to inform… Read More
Most homeowners expect a single number. What an appraisal actually delivers is a range built on comparable sales, adjusted for conditions, and shaped by the experience of whoever is doing the assessment.Most people treat the question of property value as though it has a clean, retrievable answer. What produces that answer is more complex th… Read More
Interstate buyers and sellers arriving in Adelaide from Sydney or Melbourne tend to repeat a consistent error. A framework built on eastern capital market behaviour is not the right tool for reading the Adelaide market.The Adelaide property market is not a smaller version of Sydney or Melbourne - it has its own structure and its own logic. … Read More
Interstate buyers and sellers arriving in Adelaide from Sydney or Melbourne tend to repeat a consistent error. What they know about property from Sydney or Melbourne is real knowledge - it simply does not apply in the same way here.The Adelaide property market is not a smaller version of Sydney or Melbourne - it has its own structure and it… Read More
A low purchase price and genuine affordability are not the same thing. Missing the distinction between low price and genuine affordability is a mistake with consequences that unfold over years rather than days.Affordability in residential property is routinely confused with purchase price. A low purchase price creates a feeling of affordabi… Read More