While the collective property market can be referred to as ‘the market’, the reality is there’s many markets.
For the sake of simplicity however, let’s break down just the property markets like this;
There’s mini markets or pockets (streets / part of a street)
Within markets (blocks and streets)
Within markets (suburbs)
Within markets (areas)
Within markets (collective city)
The way these markets have performed and are currently performing can help indicate the type of market pricing they may attract.
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This information is of a general nature only and does not take into account your objectives, financial situation or needs. We are not financial, legal or tax advisers. You should seek appropriate professional advice specific to you before acting on this information.