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I realise this guy is a bit of a pariah here, but I think he makes some relevant points about using medians, and how they can be used to obfuscate. http://www.moneymorning.com.au/20110602/5219.html#more-5219 No one wants dodgy data after all.

Chalmers St, Surrey hills? anyone know what block, then look at 'on the house', would still really need to know the condition, new kitchen etc. Otherwise it's just speculation after all, and as mentioned before, he could have pretty much kept pace with his money on term deposit.

Unless you can show a similar unit in the same block being sold more recently, I'm afraid looking at medians tells you nothing, infact worse than nothing, it is misleading. The median price of units going up just tells you that a more expensive sector is being sold.

Cool:) no probs

Actually no, I think you plucked an insult from nowhere there, I certainly was not talking about or referencing you in the negative, but rather referring to Evand (in the positive). I have not read enough of your posts to make any such accusations, my apologies if I gave the wrong impression...

In Evand's defence I would have to say that in my opinion he is one of the least deluded posters here, never feeling the need to continuously 'talk his own book'. However, anyone in denial that there are serious problems afoot re property recently, be it in Sydney or elsewhere is seriously...

What worries me a bit is Mcgrath is starting to sound a bit desperate in the media lately, and this sort of emotive claptrap does not help. You could have had money sitting on term deposit earning more than this chap "apparently" lost. Why is Mcgrath et al squeaking so loudly in the press...