my first post so bare with me, lookiing at different magazines from feb 2012 I notice that there are very different figures for the same suburbs , eg, south launceston, 12 month growth, "australian property investor" reports, 30.7%
while "your investment property" reports 6.51%.how can these figures be so different
Hey TT, and welcome to the forum!
Interesting point you bring up there! Have you had a look at where they get their data from? Quite often there is a little delay in the data they publish (so current magazines might have data for September 2011, for example) as the data companies need to make their money somehow! So I’d check how up-to-date the data is. You might find that they’re comparing different data.
You might also find that one magazine is comparing unit prices and the other house prices.
If, however, they are both comparing “apples with apples” then you have to wonder! I’d suggest going to a third source!
Good luck with your investing.
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