Price and affordability are not interchangeable terms in residential property - the distinction matters more than most buyers realise before they purchase. The gap between those two concepts is not theoretical - it has real financial consequences that emerge over the hold period.Affordability in residential property is routinely confused with purch

In Australian property reporting, the median house price is the figure that appears more than any other. It is also one of the least well understood.Every month, data providers publish median house prices for suburbs, cities, and corridors across the country. What starts as a statistical output from a data provider ends up shaping the financial dec

The typical homeowner goes into an appraisal expecting one clear answer. 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.On the surface, finding out what a home is worth appears to be a simple exercise. The methodology that produces th

A low purchase price and genuine affordability are not the same thing. The gap between those two concepts is not theoretical - it has real financial consequences that emerge over the hold period.Affordability in residential property is routinely confused with purchase price. A low purchase price creates a feeling of affordability that is not always

Sellers routinely spend money before listing their property. Not all of it comes back at settlement. Some of what sellers spend before selling was never going to move the price in any meaningful way.The mismatch between seller spending and buyer response is one of the most predictable sources of frustration in the selling process. Understanding whi