Hi,
Just need advice on where to find a good accurate suburb report. I know there are alot on the market through rpdata and similar websites, just wondering what you guys use, and what is good?
In particular I'm interested in:
1. suburb long term and short term growth percentages.2. Vacancy percentages of rental properties.
Cheers,
N
Tremelo,
Q1 Try this link, click on snapshots
http://www.homepriceguide.com.au/Q2 Make contact with several REagencies in the particular area you are interested in, ask:
How many properties they have on their books in the area.
and then ask,
How many of them are vacant at the moment.If they have let's say 100 properties in the area on their books and 3 properties that are vacant, then you have found a vacancy rate of 3%.
Cheers,
1. Thanks for the link I'll give them a go.
2. And I have been trying that approach with realty groups with varied sucess. Most of them figure out that you are trying to buy in the area and then try to fudge the answers a little to either promote themselves or the area. Surely this information is available on a database somewhere.
Thanks
ToWhomItMayInterest wrote:Tremelo,Q1 Try this link, click on snapshots
http://www.homepriceguide.com.au/I tried this site and it only really gives you the same information as the other sites. I can get the same information for free from other sites. Does anyone have anything with more detailed acurate information? Particularly long term growth trends.
Cheers
Tremelo, there is no central database of rental yields & vacancies only legwork.
Long term growth figures – try the ABS but they will only be general figures. The information provided by each supplier comes from the same source. It is accurate as it is comprised of actual sales data. If you want more detailed information you will need to engage an certified practicing valuer – Australian Property Insititute
Tremelo wrote:1. suburb long term and short term growth percentages.If you are in NSW or Qld you can buy 3 hours of access time for $19.95 and print out 15 year capital growth on suburbs at
http://www.streetsales.com.au
If you are in Vic you can get 10 year cap. growth figures on all Vic suburbs for free at:
http://www.news.com.au/heraldsun/files/median%20house%20prices%20by%20suburb.pdf
or for a few bucks at: http://services.land.vic.gov.au/landchannel/content/guideTremelo wrote:2. Vacancy percentages of rental properties.This is available at:
http://www.sqmresearch.com.au
and rental yields (averages for the suburb – so lots of variables) are available at:
www. http://www.investsmart.com.au/property/
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