Hell All,
After reading few books thus far (about 10 books in real estate investment), i'm starting to form my "market research or due dilligence" methodology to study and specialise in 3 suburbs in NSW for start.
I figure I'll use the below online sites to aid me concerning market research about my chosen suburbs to understand them thoroughly.
I know http://www.reinsw.com.au is often sited but not quite sure the kind of information that are useful for me.
Appreciate if you have some other important websites that I could incorporate into my research.
Many thanks, Leo
Hell 2 u 2 Leo (sic)
Also look @ domain.com.au or realestate.com.au research pages as well.
Thanks…I already knows those sites which give you some relevant info about the suburb. But, I looking for more stats data that I could use (e.g., demographic changes, what drives the population increased, etc).
lpalad wrote:Thanks…I already knows those sites which give you some relevant info about the suburb. But, I looking for more stats data that I could use (e.g., demographic changes, what drives the population increased, etc).Prepare to read widely. Australian Property Investor magazine; Your Investment Property mag, Fin Review (Tue and Thurs). The Age Wed. Primespace in The Australian thursdays. Some is available online. Follow the local paper in the cities/precincts you are keen on by reading online articles that might be relevant.
thanks Michael. If you don't mine asking you… you got 4 or more properties which put in 5% of savvy IP investor ?
lpalad wrote:thanks Michael. If you don't mine asking you… you got 4 or more properties which put in 5% of savvy IP investor ?Hahahaha………LOL.
Dunno if I'm savvy. I know my way although I certainly don't profess to be The Stig of the property world.Leo,
also have a look at council websites (LGA's) of the suburbs/regions you are targetting. Handy info as far as potential
projects and other demographic resources that you may be after.Happy New Year.
Speak with real estate agents and property managers in the area. If you live within the area you're looking to invest, you should visit plenty of open houses/auctions – get a feel for how the market is performing at present.
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Likewise Michael…that's great, checking out the LGA's is part my research too.
Thanks Jamie M. Getting your hands dirty is one of the best tool to learn quickly. That too is part of my due dilligence.
Happy New Year All!
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