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STATEMENT OF INFORMATION Section 47AF of the Estate Agents Act 1980163 MOUNT PLEASANT ROAD, BRIGHTON, Indicative Selling Price For the meaning of this price see consumer.vic.au/underquotingPrice Range:$630,000

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How to fill out median sale price

01

To fill out the median sale price, follow these steps:

02

Gather the necessary data - collect the sale prices of all the items being sold.

03

Calculate the total number of items sold.

04

Arrange the sale prices in numerical order from lowest to highest.

05

Determine the middle value of the sale prices. If the number of items sold is odd, the median will be the middle sale price. If the number of items sold is even, the median will be the average of the two middle sale prices.

06

Record the calculated median sale price in the designated field.

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What is median sale price?

The median sale price is the middle value of all the sale prices listed in a specific area or market.

Who is required to file median sale price?

Real estate agents, brokers, and sellers are required to file the median sale price for properties.

How to fill out median sale price?

To fill out the median sale price, you need to gather all the sale prices in the area, then calculate the middle value as the median.

What is the purpose of median sale price?

The purpose of the median sale price is to provide a more accurate representation of the market value of properties in a specific area.

What information must be reported on median sale price?

The reported median sale price should include all the sale prices of properties in the area for a specified period of time.

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