residex CMA report

Discussion in 'Property Information Resources & Tools' started by tanya cross, 9th Feb, 2017.

Join Australia's most dynamic and respected property investment community
  1. tanya cross

    tanya cross New Member

    Joined:
    27th Jan, 2017
    Posts:
    3
    Location:
    WA
    interested in getting the residex CMA report for 2 of my investment properties in WA and wondering if anyone has access tot his please

    thanks
     
  2. Peter_Tersteeg

    Peter_Tersteeg Finance broker and strategist Business Member

    Joined:
    18th Jun, 2015
    Posts:
    6,276
    Location:
    Melbourne, Nationwide
    I know for a fact that at least half the brokers on this forum provide Residex CMAs to their clients.
     
  3. Jess Peletier

    Jess Peletier Mortgages, Finance & Property Strategy Aust Wide Business Member

    Joined:
    18th Jun, 2015
    Posts:
    6,166
    Location:
    Perth WA
    I have RP data but would be very similar.
     
  4. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    8,848
    Location:
    Adelaide and Gold Coast
    I have residex, rpdata and pricefinder :D
     
    Nemo30 likes this.
  5. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    7,146
    Location:
    Sid en e - olympic city
    Nemo30 likes this.
  6. tanya cross

    tanya cross New Member

    Joined:
    27th Jan, 2017
    Posts:
    3
    Location:
    WA
    thanks everyone!!
     
  7. karmark

    karmark Active Member

    Joined:
    5th Jul, 2015
    Posts:
    38
    Location:
    Sydney
    i wonder which one bank uses for valuation residex, rpdata and pricefinder?
     
  8. Peter_Tersteeg

    Peter_Tersteeg Finance broker and strategist Business Member

    Joined:
    18th Jun, 2015
    Posts:
    6,276
    Location:
    Melbourne, Nationwide
    Most lenders are using RP Data. I heard that Residex and RP Data are now owned by the same group (this is not verified).

    It's as relevant as you might think. I've seen plenty of RP Data reports with a very different figure to the banks version. I've seen a lot of reports from Residex and RP Data, there doesn't appear to be any pattern as to which is more accurate.
     
  9. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    8,848
    Location:
    Adelaide and Gold Coast
    They can all be accurate or inaccurate at times. It really depends on what data they have in them for both the target property and comparable properties.

    Can't do much other than just use it as a guide. Or as some people do, use the one that gives them the result they like the most :p