Traffic data - e.g. vehicles per day?

Discussion in 'Property Information Resources & Tools' started by alexpreston, 20th Apr, 2021.

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

    alexpreston Well-Known Member

    Joined:
    5th Apr, 2021
    Posts:
    54
    Location:
    Brisbane
    Does anyone here know the best way to find out the traffic profile of a property (aside from guessing!)?

    Is data available for example listing the number of vehicles that pass a property on a daily basis?

    Part of my search for real estate involves categorising my finds into "main road" / "not main road", but I'm interested in refining that categorisation effort to be a lot less crude.
     
  2. Paul@PAS

    [email protected] Tax, Accounting + SMSF + All things Property Tax Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    18,097
    Location:
    Sydney
    Find council DA website. Locate a commercial dev approval in same street that is recent. eg Dentist, shopping centre, childcare etc Traffic survey data will be part of approval and be a public document. BUT...Its likely up to 8 years out of date sometimes. Some RMS's have limited data eg NSW has "traffic volume viewer" on web. Main roads !!
     
  3. alexpreston

    alexpreston Well-Known Member

    Joined:
    5th Apr, 2021
    Posts:
    54
    Location:
    Brisbane
    Wow, so the only (slim) hope is if there is some kind of commercial building in the street?

    Hmm, might have to somehow crowd source this myself.
     
  4. Hamish Blair

    Hamish Blair Well-Known Member

    Joined:
    29th Sep, 2015
    Posts:
    480
    Location:
    Melbourne
    If you go to Google Maps you can look at the traffic density during the day - it will colour code the road for you.

    Actuaries get traffic data from Google Maps and Apple (i.e. looking at how many mobile phones traverse the road) so perhaps you could investigate that angle?
     
    aussieB likes this.
  5. alexpreston

    alexpreston Well-Known Member

    Joined:
    5th Apr, 2021
    Posts:
    54
    Location:
    Brisbane
    Thanks, that might be a worthy Plan B.
     

It seems the rapid increases in house prices is coming to an end according to recent stats. But the underlying conditions of short supply in the medium to longer term may still underpin price growth, albeit less than that achieved in 2021.