Observe the market

It’s important to observe the market as it helps you understand its dynamics. For example, if you are in a hot market, three-month-old information will not be valid for comparison, and won’t give you accurate figures; you’ll have to make small adjustments to get to the right value.

Go to different house inspections and auctions. This will give you a clear idea about the basis on which property prices are determined and how much a property in a particular area costs.

Market indicators in Wavell Heights from Domain.com.au