Investors, buyers and rent-vestors given new tool to buy property sight unseen by Mike Wood
A new product has hit the market that could see property investors and buyers across Australia able to get detailed comparative information about suburbs before they buy.
Residz, a project from geographical analysis firm Mapcite, can give background details on any address in Australia, ranging from house prices and demographic information on the suburb to bushfire risk, local amenities and school catchments.
“We sit between general informational websites that talk about the local community and the transactional websites like REA, Domain and SSB,” said Steve Walker, head of sales at Residz.
“We’re in the middle, and we try to cover the whole spectrum of factual, transactional information and what properties are for sale, and more importantly, within a few clicks of an address, we want to give people more perspective on the lifestyle and risks around the home.”
“It’s about the quick access to relevant information about lifestyle. Covid has accentuated that because people are now choosing homes where they don’t have to be near where they are employed.”
“Suddenly, lifestyle has become a much bigger consideration than convenience for work and people are thinking much more deeply about those factors.”
“Suddenly, lifestyle has become a much bigger consideration than convenience for work and people are thinking much more deeply about those factors.”
The USP of Residz is that it puts all the information that is publicly available into one easily digestible report. That then can empower the investor or rentvestor to buy with confidence without having to see the property, which can be a massive advantage when buying in regional Australia or interstate.
“People can find most of this information because it’s all over the web, but you really have to dig deep to get to it,” said Walker.
“Some of it is our proprietary information, such as the house’s bushfire risk, which is our own algorithms and data points based on surrounding vegetation, roof angles and materials, age of home and nearness of other homes.”
“Some of it is our proprietary information, such as the house’s bushfire risk, which is our own algorithms and data points based on surrounding vegetation, roof angles and materials, age of home and nearness of other homes.”
“People can look at comparative suburbs and properties based on demographic profile and local facilities. These might be suburbs that they’ve never previously considered, especially with the drift to the regions.”
“How often have Sydney buyers realistically looked at suburbs in Dubbo, Bathurst or Orange? It gives them the ability to do a comparative analysis.”
“You can print out a report on an address in a suburb, then pick another address in a different suburb that seems to have similar demographic characteristics, then put the reports side by side and assess similar lifestyle environments and homes.”
“You can print out a report on an address in a suburb, then pick another address in a different suburb that seems to have similar demographic characteristics, then put the reports side by side and assess similar lifestyle environments and homes.”
“That gives them another opportunity in another suburb to buy.”
There is a way to see the real price and save tens of thousands on costs and charges at SSB.
Real estate agents, property owners, developers, builders and investors can now present land, residential, house & land packages, commercial and business properties for Sale, Lease, Swap or Investment 100% Free.
At SSB there are no registration costs, no listing, no monthly or annual charges and no marketing fees and, zero costs for multi REAXML upload listings.
A further value benefit significantly increases brand awareness, market reach and client capture connecting directly with buyers, investors, tenants, sellers and swappers worldwide.
Buyers and renters can see the real price and benefit considerably from the competitive savings owners and agents can pass on to you.
SSB is not an agent, reseller or lead generator, we are an Australian owned Melbourne based FREE service providing an additional online channel (without costs or charges) that enhances your current marketing campaigns adding exposure and value by connecting buyers, owners, sellers and investors direct