When it’s a suburb or a council region or a statistical division or a statistical subdivision or a …… !

Often times when presenting research findings we find there is sometimes confusion about the geographic boundaries we are reporting on, says RP Data’s Tim Lawless.

He says it’s easy to understand why there can be some confusion though as most people aren’t familiar with standardised boundaries that are provided and maintained by the Australian Bureau of Statistics. For example when people refer to ‘Brisbane’ they could be talking about the suburb of Brisbane, the Brisbane Local Government Area, the Brisbane Statistical Division or more recently the Brisbane Greater Capital City Statistical Area.

The regions are vastly different in their geographic scope and area and property market conditions will be quite different depending on which region is being analysed.

With this in mind beware when you read about property prices in ‘Brisbane’!