在澳大利亚 The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m
I have been going crazy trying to find property data for victorian suburbs. I have searched for products which give you previous sales info, suburb analysis, demographics, vacancy rates, capital growth rates, infrastructure upgrades to area, etc, etc but it seems that due to these bloody privacy laws there is very little that the private investor has access to. I would love to have access to RP Data or something similar but it seems impossible now. Does anyone know of any recourses/products which can be accessed by private investors which give this sort of data or is there a way to get access to RP Data despite the privacy laws???
Real estate investar (I think) seemed to be a really powerful till, containing all of the items you have listed, of which I found the previous sales history very interesting.
In saying that, my buying habits didn't justify the monthly subscription costs(had a 1 month trial subscription.
I am also interested in others opinions/suggestions.
Have you seen: http://www.onthehouse.com.au ?
From what I can see it has VIC sales data, etc.
hobo-jo said: ↑
Have you seen: http://www.onthehouse.com.au ?It has sales data but not property specific.
From what I can see it has VIC sales data, etc.Click to expand...
Streets sales figures and dates are listed but not street numbers.
You can get around this sometimes by cross referencing the data from onthehouse.com.au with the sold data from realestate.com.au
Many of the brokers who post reguarly here provide their clients with free Residex reports. I've attached a sample report.
when you do a search on onthehouse.com.au put in the full address, i rarely have a issue, and yes there are some occassions that the house number your after isnt listed, but it does show the area on the map, and you can click on other properties and see what their sold amount was and dates.
rowena said: ↑
when you do a search on onthehouse.com.au put in the full address, i rarely have a issue, and yes there are some occassions that the house number your after isnt listed, but it does show the area on the map, and you can click on other properties and see what their sold amount was and dates.Click to expand...Are you searching Victoria? It is specifically that state.
on the house appears to be "estimate" ranges as opposed to previous sales )and previous poster is correct about sales figures, most not listed).
Just to iterate real estate investar have sales history (as well as estimates for each property).
DAMN - cant get link update. needless to say google - realestateinvestar
I use Realestate Investar for exactly that reason. The great search engine doesn't hurt either.
We provide free Residex reports for our clients which gives you data for a specific postcode area. Email me the area you want and I'll send it to you.
Also we can provide reports on specific properties at http://onyx.net.au/how-much-is-my-home-worth/
It's a real shame that you don't have a decent analogue to Zoopla Down Under.
I'm surprised that no-one has made sales information more available. It makes the market more transparent, and ensures that there isn't an asymmetry of information (which can lead to abuse).
Problem is with Victoria, there is privacy legislation which makes the information less accessible and you have to pay the individual councils on a regular basis to access it. So much for freedom of information...
The councils would earn a decent amount from this so there is no push for change and though I have no evidence..the REA's will not complain about it.
mech81 said: ↑
So much for freedom of information...Click to expand...As an investor you're entitled to information about property values.
The individual home owner has the right to keep to themselves the amount they bought their individual property for.
Tools such as RP Data & Residex have access to the private information and presents it in a generic manner. This gives you the information you're entitled to without volating the privacy of the individual.
mech81 said: ↑
Problem is with Victoria, there is privacy legislation which makes the information less accessible and you have to pay the individual councils on a regular basis to access it. So much for freedom of information...Alternatively get a job at the land titles office and you can access the entire database for free!
The councils would earn a decent amount from this so there is no push for change and though I have no evidence..the REA's will not complain about it.Click to expand...