Gerard Berg · The Elephant In The Room Property Podcast | Inside Australian Real Estate · How to Read a Changing Property Market
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track total property listings each month and compare them to the five-year average to spot supply-demand imbalances
Brisbane total listings were about 40% below the five-year average, then rose to about 8% above
“Within two months, Relevance had me in the one or two spot… practice was getting around 10 new patients a month… Relevance had me around the 30 new patients per month… currently averaging about 40 new patients per month”
“I want to see every property in my buy box that's been listed for 90 days or more… if average days on market in my market is 60 days”
“You can simply say, that's totally fair. Can I ask what you're comparing it to? That question is wildly important because what are they comparing it to?”
“I would live there for three to four months, renovate, move to the next unit…once it was completely turned over, the property brought in about $2,100 a month…listed for $100,000 and got a full-price offer.”
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