Average Property Value

[SOP]

For no reason at all I am interested to see the average value of peoples properties.

Total Value / Number of properties = Average Value

 

[BayView]

I only have two properties these days....

A PPoR and a 2 x 1 villa unit in a mining town.

PPoR is circa $1.5mill, and the villa is circa $250k.

Thus; average is circa $875k

Have a business as well - which I regard as another IP, but I can't put a value on it to add to the mix.

 

[macca446]

For no reason at all I am interested to see the average value of peoples properties.

Total Value / Number of properties = Average Value

For no reason then why lol

 

[Propertunity]

For no reason at all I am interested to see the average value of peoples properties.

Total Value / Number of properties = Average Value

If I place my bare left foot in a bucket of ice water and my bare right foot in a bucket of boiling water, on average, I'd be feeling pretty comfortable. In reality.....pointless.

 

[Richard Feynman]

Propertunity, sometimes people are simply curious.

$535,000 for me.

 

[Propertunity]

Propertunity, sometimes people are simply curious.

Fair comment

Sometimes other people are just cranky

 

[thatbum]

$262k here.

It makes me look like a slumlord.

 

[vaughan]

For no reason at all I am interested to see the average value of peoples properties.

Total Value / Number of properties = Average Value

Three statisticians went hunting. The first one fired and the shot went above the bird. Second statistician fired and shot went below. The third statistician yelled "We got it!"

Averages are never used in property, medians are more useful.

 

[Singo]

For a personal portfolio, averages are interesting as well.

Around 350k here

 

[Ace in the Hole]

Right on 800.

 

[SOP]

I'm sitting at a conservative $550,000

For no reason then why lol

Why not.

 

[Archer]

$890,000 average from 4 properties.

 

[Charlotte30]

430,000 over 9 properties

 

[Bhp19]

$338,000......wow, I need to buy some better properties!

 

[Jaggannath]

450k over 2 properties. Absolutely meaningless, you can't infer anything from this data

 

[miss green eyes]

450k over 2 properties. Absolutely meaningless, you can't infer anything from this data

This reminds me of the 'i own x properties' thread.

 

[r3ckless]

$515k + $620k +$ 700k = $1.835M/3 = $611k

meh, I think this is a good thread. I guess it allows people to know a little insight to how us investors purchase property. IE do we have a portfolio that consists of cheapies and more exxy propertys, or closer range etc. FYI all my properties are in Sydney

 

[D.T.]

$200,000

 

[The Y-man]

$430k

The Y-man

 

[Jaggannath]

$515k + $620k +$ 700k = $1.835M/3 = $611k

meh, I think this is a good thread. I guess it allows people to know a little insight to how us investors purchase property. IE do we have a portfolio that consists of cheapies and more exxy propertys, or closer range etc. FYI all my properties are in Sydney

And if someone has both, you can't infer anything. Medians are more useful that averages for getting a feel for house values.