Location may be a big driver of property prices, but in any given suburb a few streets can be all that separates paying top dollar for a home or potentially scoring a bargain. Here’s how to use a tool to find pockets of value in any given neighbourhood.
Each suburb has its own median house price, and sites like realestate.com.au can provide a useful guide to median values for a particular postcode.
However, the median is obviously only the middle point in each suburb’s dataset – and it’s common for prices to vary widely across a single suburb.
Fortunately, there is an easy online tool that can help you identify more affordable pockets in the suburbs you’re looking to buy in.
New interactive price toolPropTrack has developed an interactive property price tool that reveals the median values across different parts of each suburb.