There is an irony at the centre of how first home buyers use property data. The buyers who rely most heavily on suburb medians to make their decisions are typically researching the suburbs where those medians are least reliable.Affordable suburbs - outer ring, lower price point, modest transaction volumes - produce median figures that look identica
Adelaide Housing Market - A Framework for Reading Adelaide Without Importing the Wrong Assumptions
Interstate buyers researching Adelaide for the first time rarely arrive without assumptions. The assumptions come from whichever market they know best - the Sydney investor cycles and clearance rate swings, the Melbourne inner suburb premium and density dynamic. Those assumptions are applied to Adelaide and produce a picture that is partially accur
Adelaide House Prices - Why Two Suburbs Can Look Opposite and Be Experiencing the Same Conditions
Adelaide house prices are reported, compared, and debated as though the median were a precise instrument. It is not. The median measures what sold - not what properties are worth. Those two things only align when the mix of properties selling stays consistent, and in most suburbs it does not stay consistent for long.It rarely does.What Sits Behind
Real Estate Agent Fees - What Vendors Get Wrong Before They Even Start Comparing
Most vendors spend more energy negotiating the the agent commission than they spend evaluating whether the agent can actually negotiate on their behalf.That instinct is understandable. Commission is the most visible cost of selling a house. Because it is expressed as a percentage of an unknown sale price, it often becomes the number vendors focus o
Adelaide Suburb House Prices - What the Median Hides and What to Track Instead
Adelaide house prices are reported, compared, and debated as though the median were a precise instrument. It is not. The median measures what sold - not what properties are worth. Those two things only align when the mix of properties selling stays consistent, and in most suburbs it does not stay consistent for long.It rarely does.What the Median A