Most interstate buyers researching Adelaide arrive with a mental model built somewhere else. They know how Sydney moves - the investor cycles, the auction clearance rate obsession, the sharp corrections that follow rate rises. They know the Melbourne density dynamic, the inner suburb premium, the way sentiment shifts faster than fundamentals. They … Read More
Three agents. Same property. Appraisals that differ by $40,000 to $60,000. It happens more often than vendors expect, and when it does the instinct is to assume someone is wrong. Usually no one is. Appraisal is interpretation, and interpretation produces a range of legitimate conclusions from the same evidence.The confusion is understandabl… Read More
The standard property investment checklist - median trend, yield, entry price, comparable growth - works well in established markets. Applied unchanged to land-release suburbs, it produces a picture that looks similar but behaves differently. The supply dynamic is not the same, and the investment calculation needs to reflect that.Land-relea… Read More
The Adelaide house price median is quoted in every suburb report, every agent appraisal, and every property news story as though it reliably reflects underlying value. It reflects something more specific - what sold, in what mix, at what point in time. The difference matters more than most buyers and vendors realise.It rarely does.… Read More
The gap between the lowest and highest appraisal on the same property is rarely small. Thirty thousand dollars. Fifty thousand. Sometimes more. And all three agents, when asked to explain their number, can point to comparable sales and adjustments that make their conclusion sound defensible. Which it often is.The confusion is understandable… Read More