A very recent entrant, this online helper allows you to enter an address and check out a series of compelling reports on demographics, listings, sales, crime rates and just about anything else you care to find out. It’s a terrific source for getting up to speed quick on a potential purchase and will no-doubt progressively develop its already comprehensive offering. Best of all, it’s free.
The clever folks at Google have really done us in the real estate game a great service.
Some may have questioned their genius a few years back when they began the Google Maps/Earth project, but we are now thanking them for their foresight.
By locating your prospective purchase on Google Maps, you’ll learn it’s orientation, position in relation to main roads and other surrounding uses, nearest public transport options and proximity to facilities like schools, parks, churches etc.
It makes you wonder how we survived before it came along. But do not rely on this alone. Some of the images are old and you may find an unpleasant surprise like a new block of units next door when you actually drive down the street!
This one was doing the rounds a couple of years back, but it’s still a useful reference. You can search your suburb and see exactly how handy it is in terms of lifestyle facilities and general accessibility. You can also compare Walkscores between suburbs to help ‘paint the picture’ on where to invest.
Develo brings all of a property’s information together in one spot.
Be aware though, most of the information is freely available but if you don’t want to do the legwork yourself, this could be a handy help.
There are two reports, the Property Fact Pack for $9.90 and the Property Search Report $49.00.
The Property Fact Pack includes easement locations, underground services including gas, sewerage, storm water drains, water pipes, NBN and electricity wires. It also provides a noise impact report, (handy if you don’t know about nearby noise pollution corridors), plus all the Brisbane City Council information in one neat package, such as Lot Details, overlays, zoning, bushfire risk, landslide risk and more.
The Property Search Report is the same as the Fact Pack but includes Title search results.
This massive research company creates reports on all elements of the market. If you’re a serious investor looking to understand and monitor the market closely, these reports could be well worth your time and money. They aren’t cheap, but they are comprehensive.
CoreLogic is also an absolute must for data nerds who devour real estate statistics. Their subscription service allows you access to a wide range of specific property ownership data, as well as sales data and even analysis across wider geographic areas. It’s the go to source for most property professional.
REIQ Queensland Market Monitor report: If you’re looking for analysis on the market, including data on median house price and median unit price movements over the past quarter, year, and five years, then the Queensland Market Monitor has you covered. At just $22 per quarter, it’s affordable and comprehensive and includes information about major developments that are coming up that are likely to impact property prices.
When you can’t get onsite, subscription based service Nearmap allow you to virtually inspect your potential holding by use of high resolution aerial photography. It’s an effective way to get a handle on site coverage and dimensions, among a suite of additional information. Nearmap also carry market data overlays so you can see what’s been traded in your area of interest too.
The world of online research is evolving constantly, so vigilance is your friend in staying ahead of the trends.
These research tools will help you be as informed as possible but they are, of course, just one part of the process.
While kicking off your property research from the desk is easier than ever, there is no substitute for physically inspecting a property and it’s surrounds.