Most sellers arrive at that question with a number already forming in their head. It has been shaped by what a neighbour mentioned at a barbecue, what appeared on a property website, what they paid plus what they spent on renovations, and what they feel they deserve after years of ownership. By the time an agent walks through the door, the seller h… Read More
Most homeowners requesting a property appraisal assume they are receiving an objective assessment of what their property is worth. In practice, the appraisal process is more nuanced than that - and understanding the difference between what an appraisal measures and what it can not measure is one of the most useful things a vendor can know before th… Read More
An investor who bought in the inner eastern suburbs in 2005 and held for fifteen years did well. But an investor who applied the same logic in 2018, paying a premium for inner-ring scarcity at peak prices, has a different story. The premium was real. The subsequent growth was not proportional to what was paid for it. This article examines what has … Read More
Affordable is one of the most used words in property and one of the least defined. A suburb described as affordable by a real estate agent, a property website, and a first home buyer rarely means the same thing to any of them. What follows is a practical framework for assessing affordability beyond the listing price - because the purchase price is … Read More
The median is treated as a market truth. It appears in news reports, agent presentations, and property websites as the definitive answer to how Adelaide is performing. In practice, it is a blunt instrument applied to a market that demands precision - and the gap between what it measures and what buyers and vendors actually need to know is wider tha… Read More