Median Price

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From: Trina Blum


Hi

In some of the posts I've read they say to buy below the median price for the suburb. Is that regardless of whether it is a house or unit/villa/townhouse I'm buying?

I presume that a unit/villa etc would be cheaper than buying a house in the same suburb so the median price for the whole suburb would not give a true median price of units etc would it? Do I need to find out the median price for units etc that have been sold and go by that? Would somewhere like the Valuer Generals office be able to provide this?

Trina
 
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Reply: 1
From: Peter Martin


Trina,

Go to www.homepriceguide.com.au and follow the links. You can get free median price information for a postcode, and it's split into houses and units.

Cheers,
Pete
 
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Reply: 1.1
From: Trina Blum


Pete,

Thanks for the website.

Regards

Trina
 
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