Property Investment Research Made Faster, Consistent and More Effective
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Risk comes from not knowing what you're doing.
What is LocationScore?
LocationScore is the quickest and simplest way to decide where to buy profitable property all over Australia!
For property investors or budding home buyers: if you want to buy in a suburb that is showing potential for capital growth then LocationScore is a must for you.
LocationScore is a leading edge property-research platform that interprets big data to analyze and score every suburb in Australia. It scores each suburb, on a monthly basis out of 100 (houses and units are scored separately), using eight key indicators that measure the level of supply and demand.
How LocationScore Works?
Understanding Supply and Demand
One of the fundamental laws of economics that determines the price of all goods and services is supply and demand. They are fluctuating states that work together, counterbalancing the other should it rise or fall.
The question is: what indicators can you measure to track the level of supply and demand in the property market?
Finding Key Variables to Measure
There are a lot of potential variables to consider when assessing supply and demand, such as: population growth, economic activity, and infrastructure development. Wanting to unscramble the puzzle, we started our analysis in 2010 and identified 8 broad indicators that had a clear correlation between price growth and levels where demand exceeded supply.
There's a little bit more to it
The score found for each suburb isn't just about combining all the 8 indicators-there is theory behind it. Each one of the indicators has a different level of impact on the property market and so LocationScore uses a secret weighting within its algorithm to produce it s scores.
Who Is LocationScore For?
It goes without saying that any property buyer would get lot of comfort and confidence knowing they are buying in a location with strong prospects for capital growth.
LocationScore helps locate the âbetterâ suburbsâthose that indicate demand for that area is stronger than current property-supply levels. Such an imbalance raises the potential for short-term capital growth! It makes for a very good location to start searching for a property indeed.
We believe LocationScore is highly valuable for:
Real Estate Agents
Mortgage Bokers & Insurers
Property Investment Advisers