Australia property price – A comparison across 2011 and 2012

Wondering where the Australia property market stood in April 2011 & April 2012? This is where the market stood in April 2011, according to RP Data-Rismark’s index of dwelling values (houses & units): Year to April 2011 Median Price Change Sydney 1.2% Melbourne -0.4% Brisbane -6.8% Adelaide -2.1% Perth -7.1% Darwin -7.0% Canberra 0.7% Hobart …

Underquoting in real estate?

The underquoting definition – What is Underquoting in real estate industry? Well, although we often hear or read underquoting, there is no clear definition of underquoting. According to Consumer Affairs Victoria, under-quoting happens if the quoted price is lower than the written estimate of the value of the property provided by the selling agent on the sales documentation before …