Check the currency of any sales information you are using. Unless there has been high and recent turnover in the area of interest, you will be dealing with dated information, which may need to be adjusted for market movements
Unearth a property's true worth | Realestate | Real Estate | Property & Real Estate | Perth Now | Perth Now
"AUSTRALIA'S residential property is worth more than $4 trillion and climbing, despite a setback in prices during the past year."
Real estate is not a month-to-month or quarter-to-quarter proposition. It is a long-term asset that must be reviewed annually