Price and affordability are not interchangeable terms in residential property - the distinction matters more than most buyers realise before they purchase. That distinction sounds subtle but the financial consequences of missing it are not.Purchase price and affordability are regularly treated as synonymous in property conversations - they … Read More
The assumptions investors bring to a new market are almost always formed in a different one. In Adelaide, those assumptions regularly produce miscalculations that take years to become visible.Over the past several years the Adelaide residential market has appeared on more investor radar screens than at any previous point in recent memory. A… Read More
The gap between suburb medians in the same city can reach two hundred thousand dollars or more - and the distance separating those suburbs may be negligible. The explanation for that gap contains more useful market information than the median figures themselves.Suburb price comparisons are one of the most commonly performed exercises in res… Read More
The median house price is the starting point for almost every property market conversation in Australia. What it actually measures is far less well understood than how often it is quoted.Every month, data providers publish median house prices for suburbs, cities, and corridors across the country. The figures move from data tables into news … Read More
Most sellers commit some level of spending to their property before it goes to market. Not all of it comes back at settlement. Some of it never had a chance of returning anything at all.Seller spending and buyer willingness to pay do not always align - and the gap between them is one of the more reliable sources of post-sale regret. Separat… Read More