All Topics / General Property / research infomation

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  • Profile photo of jack2jack2
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    @jack2
    Join Date: 2003
    Post Count: 12
    January 5, 2004 - 4:19 am

    Im trying to find the best site for information on ‘how many people/families are renting’ out of the total population in a particular suburb/town. Can anyone assist me please.
    Im starting the reseach, and saving the $$… hope to be investing by June 04.

    Jack[8D]

    Profile photo of melbearmelbear
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    @melbear
    Join Date: 2003
    Post Count: 2,429
    January 5, 2004 - 6:23 am

    http://www.abs.gov.au – may not go into the detail you like for free on line, but I think you can get it from the library.

    alternatively, http://www.walkabout.com.au has some info

    Cheers
    Mel

    Profile photo of jack2jack2
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    @jack2
    Join Date: 2003
    Post Count: 12
    January 5, 2004 - 6:37 am

    thanks Mel, I was aware of the abs site. Good info on population, rented and owned homes as a breakdown of the total number of houses in the area, but I couldnt see anything on how many people actually rent to give me an idea if the market is over or under supplied.

    will keep searching

    thanks
    Jack

    Profile photo of melbearmelbear
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    @melbear
    Join Date: 2003
    Post Count: 2,429
    January 5, 2004 - 6:39 am

    Don’t they have something that says x.y number of people per household?

    I also would have thought that if 30% were rentals, it would suggest that 30% of people rent? Am i missing something?

    Cheers
    Mel

    Profile photo of jack2jack2
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    @jack2
    Join Date: 2003
    Post Count: 12
    January 5, 2004 - 6:56 am

    Yeah I thought that as well…however

    if 30% of the available homes, lets say of 5000 homes, 1500 are rentals, and lets say 20 % of the population rented, (of 10000 people 2000 people are renting, or trying). Does this mean there is an under supply of rental properties and therefore a potential market to tap.

    there may be a better way to derive this kind of info ie how to analyse the market potential, but as a newby Im still thinking thinking.

    After reading this I think Im starting to see where Im going wrong. Its a bit hard to analyse the number of people looking to rent……I guess

    thanks

    Jack

    Profile photo of kay henrykay henry
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    @kay-henry
    Join Date: 2003
    Post Count: 2,737
    January 5, 2004 - 8:26 am

    jack,

    Try domain.com.au

    Then hit the “home price guide” link. (As below)

    http://www.homepriceguide.com.au/index.cfm?source=domain&domain_ads=hpgword

    This site will give you median prices, rental,s etc. It isn’t perfect, but it’s something.

    Alternatively, type “blah median rental” or some combination into google.com- australian only sites. This should bring up anything about the area you wish to explore.

    kay henry

Viewing 6 posts - 1 through 6 (of 6 total)

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