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Some very good points...thanks Marc

You are entitled to your opinion. However please don't mis-quote me. Go back and read by post and let me know where I mentioned "lower and upper quartile medians"!

I have never hidden the fact I'm a Buyers Agent. My purpose is to share experiences which might just be valuable - obviously not for you BUT maybe for others! In fact, there are many business folk participating on this forum and I find them a wonderful source of knowledge!

I would still argue that your results (5-10 years down the track) are significantly impacted by your initial buying decision AND remember...research should involve a lot more than just looking at stat's!

Might be 'old hat' BUT it is still a significant issue! The number of folks relying almost totally on medians is significant! In our business we see it every day.

Hi folks One of the most common statistical measures pertaining to property investment is the good ol’ median price. Median price reflects the ‘middle’ price in a sequence of prices. It is important to understand that it is not the average price – which is calculated by adding all prices...