Join Australia's most dynamic and respected property investment community

how do you get your data?

Discussion in 'Information Resources & Tools' started by Jezzalinko, 16th May, 2016.

  1. Jezzalinko

    Jezzalinko Member

    Joined:
    6th Aug, 2015
    Posts:
    14
    Location:
    Southern Hemisphere
    Hi,

    Does anyone have any robust way to obtain suburb / demographic data for analysis purposes?

    I've spent the good part of 4 hours tonight trying to piecemeal data from reiwa/sqm/google to build a database so i can identify opportunities.

    SQM appears to have a good amount of data/ functionality, though is quite expensive.
     
  2. Xenia

    Xenia Adelaide Property Manager Business Member

    Joined:
    21st Jun, 2015
    Posts:
    2,347
    Location:
    4/136 The Parade Norwood, South Australia
    Rp data
     
    Jezzalinko likes this.
  3. D.T.

    D.T. Adelaide Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    5,604
    Location:
    Adelaide, SA
    RP data, Price finder, Residex, SQM, Investar, Profile.ID
    What kinda stuff are you actually trying to find?
     
    Jezzalinko and Magnet like this.
  4. Numbers_man_numbers

    Numbers_man_numbers Member

    Joined:
    11th Jan, 2016
    Posts:
    17
    Location:
    Sydney
    Hey Mate,

    Play around here for a bit and you will get the hang of it.

    QuickStats

    Cheers.
     
    Jezzalinko and Magnet like this.
  5. Jezzalinko

    Jezzalinko Member

    Joined:
    6th Aug, 2015
    Posts:
    14
    Location:
    Southern Hemisphere
    Thanks guys, yeah i've been using RP data - forgot to mention it above.

    I'm trying to build a model which can identify relationships between say for e.g. property prices Vs. available properties for sale Vs. shift in demographics, or historical rental prices Vs. property prices Vs. interest rates. If i can find some sort of relationships between any of them, i may be able to use that as an indicator when somethings happening in the market or in particular suburbs.
     
  6. LifesGood

    LifesGood Home Building & Development Consultant Business Member

    Joined:
    26th Jun, 2015
    Posts:
    646
    Location:
    Perth WA
    My brain hurts!
     
    House and Danyool like this.
  7. Jezzalinko

    Jezzalinko Member

    Joined:
    6th Aug, 2015
    Posts:
    14
    Location:
    Southern Hemisphere
    My idea is really rough at this stage, there's are a lot of unquantifiable drivers which can influence prices. I'm not expecting anything solid to eventuate, though it would be good to hear from anyone else who's looked / heard of this.
     
    LifesGood likes this.
  8. Ripehouse.com.au

    Ripehouse.com.au Active Member

    Joined:
    2nd Jul, 2015
    Posts:
    44
    Location:
    Hobart and Sydney
    Hi Jezzalinko,

    We have a model that allows the assessment of over 40 variables to assess (back check) historic growth and estimate future likely performance. This has been something that we have only used internally to refine our suburb selection/research but we are looking at opening up access to this fully in the next few weeks. Let me know if you would like me to let you know as soon as we do?

    Jacob
     
    MJS1034 likes this.
  9. Jezzalinko

    Jezzalinko Member

    Joined:
    6th Aug, 2015
    Posts:
    14
    Location:
    Southern Hemisphere
    Looks ok on face value, though i didn't get a chance to trial much of it..

    Says 14 day trial, but after 5 mins of clicking a few things I've been locked out to most of it's functionality.
     
  10. Ripehouse.com.au

    Ripehouse.com.au Active Member

    Joined:
    2nd Jul, 2015
    Posts:
    44
    Location:
    Hobart and Sydney
    Hi Jezza -

    Happy to reset for you. We have been abused of late by some commercial level "trial" users. Will jump onto it.

    Jacob
     
    Jezzalinko likes this.
  11. Jerry O

    Jerry O Well-Known Member Premium Member

    Joined:
    21st Jun, 2015
    Posts:
    362
    Location:
    NSW / Melbourne
    Residex and RP data.. abs and council websites might help as well.
     
    Jezzalinko likes this.
  12. BuyersAgent

    BuyersAgent Well-Known Member Business Member

    Joined:
    19th Jun, 2015
    Posts:
    437
    Location:
    Oz
    Hi @Jezzalinko - as per above responses you can use a combo of paid and free sources, or you can aim for 1 paid source either rpdata or such as Jacob is describing (ps I am interested in the updates to Ripehouse too Jacob :0) or if you are a super coder type then you can access all the original data and build something yourself. There are no perfect solutions in todays market and this probably represents a bit of an opportunity or a hassle depending on your perspective.
     
  13. Ripehouse.com.au

    Ripehouse.com.au Active Member

    Joined:
    2nd Jul, 2015
    Posts:
    44
    Location:
    Hobart and Sydney
    Hi @BuyersAgent - hope you are well. I gave a demo of the new developments on Thursday night. You can checkout a recording via this link at about the 53min mark :)



    There are over a dozen metrics that we have been acquiring since 2011 which are not available publicly and you need this 5 years of history to make any back-checking etc feasible.
     
  14. MTR

    MTR Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    7,518
    Location:
    Perth, Melbourne, USA
    I like to speak to re agents direct and get a feel as to what is happening on the ground, I phone at least 4 agents
     
  15. Ripehouse.com.au

    Ripehouse.com.au Active Member

    Joined:
    2nd Jul, 2015
    Posts:
    44
    Location:
    Hobart and Sydney
    Hi @BuyersAgent etc - We launched the beta of the new Design your own strategy features today as mentioned. You can check a demo here -

    Would love to hear your thoughts!