Search results

  1. s_t

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    That calculation is still expectations based. If the "average established dwelling purchased by first home buyers" is more incity/upmarket etc than in earlier generations, then of course the affordibility calculation remains lower compared to previous years. So yes, if first home buyers want to...
  2. s_t

    Residex's Dec report - median price for Melbourne & Brisbane to reach $500,000 in 08

    Your misinterpreting the definitions Lizzie. Take it from an engineer.... ;) Those definitions are pathetic and ambigous too. To calculate mean (average), you add all the numbers up, and then divide by the quantity of numbers you added up. eg. the mean of 3,4,5,3,12 is (3+4+5+3+12)/5 = 5.4 To...
Back
Top