Most homeowners who invite three agents to appraise their property expect the numbers to be close. They are rarely close. A difference of $30,000 to $50,000 between the lowest and highest appraisal on the same property is common. A difference of $80,000 or more is not unusual. And all three agents, when pressed, can produce a rationale that sounds … Read More

First home buyers and entry-level investors are the heaviest users of suburb median data. They are also the buyers most likely to be researching the suburbs where that data is least statistically reliable. The irony is not accidental - it follows directly from how affordable markets work.Affordable suburbs - outer ring, lower price point, m… Read More

The Adelaide house price median is the number everyone quotes and almost nobody interrogates. It appears in news headlines, agent appraisals, and suburb reports as though it were a precise measurement of what property is worth. It is not. It is a measurement of what sold - and those two things are only the same when the composition of what sold sta… Read More

Most investors researching property in Adelaide outer suburbs arrive with a mental model built on established suburb logic. They look for signs of price growth, check the median trend, assess rental yield, and compare the entry price against more expensive inner and middle ring options. That framework is sound. The problem is applying it without ad… Read More

Most investors researching property in Adelaide outer suburbs arrive with a mental model built on established suburb logic. They look for signs of price growth, check the median trend, assess rental yield, and compare the entry price against more expensive inner and middle ring options. That framework is sound. The problem is applying it without ad… Read More