Although median house price data shouldn’t bethe only consideration when analysing the market, it can be useful when assessing the performance of a particular suburb. However this doesn’t mean every property will perform as expected. As an investor the aim should be to lower your risk profile whilst also maximising capital appreciation. In a strong market most properties sell well, however in the downward phase of a property cycle, only those properties that attract competitive buyer activity are likely to achieve their maximum price.
To protect yourself from short-term loss, and potentially outperform the median, here are a few tips to get you started.