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. Understanding why that gap exists tells a buyer or seller more about a market than any single median figure ever could.

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In Australian property reporting, the median house price is the figure that appears more than any other. 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. What starts as a statistic

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, ret

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. Knowing what creates the gap matters more than knowing the size of it.

Suburb price comparisons are one of the most commonly

How First Impressions Influence Appraisal Outcomes

Picture a seller who has spent two years improving their home. New flooring throughout. A freshly painted interior. The garden fully landscaped. They sit down for the appraisal confident the work will be reflected i