How do you research a new market?

Hi all,

I'm Sydney-based but have been doing a fair bit in QLD for a few years, so I know certain parts of Logan and Ipswich fairly well now.

I now want to start researching Perth because I think the next 6-12 months could be an opportune time to buy, and because I want a new challenge. I've never been to Perth and don't know anything about it, so will be starting from scratch.

I just wondered what resources everyone here uses when researching a new market? Off the top of my head I've listed a few below:
ABS
Realestate.com.au/invest
Profile.id
HTW Reports
YIP Suburb Search
CoreLogic Home Property Value Index

+ Once I narrow down what areas I want to target, obviously visiting + talking to agents is another good one. Plus reviewing the local council website.

Any recommendations for tracking infrastructure projects etc?

 

NICS - National Infrastructure Construction Schedule
National Infrastructure Priorities: Infrastructure for an economically, socially and environmentally sustainable future
National Infrastructure Services | Melbourne, Australia
https://www.dpc.wa.gov.au/infrastructurewa

Hopefully these may help..

 

Apart from statistical researches I've got a couple more to add:
- Search on the forum for the suburb name - most likely someone would've asked about it before
- Identify & talk to other investors who have invested there previously to get the reasons behind why they invested there

Good luck!

Cheers,
David

 

One of the Perth guys made a good thread which has some others for you to add to your list

The Ultimate List of Property Research Websites