Episode #77 How to Find the Ideal Investment Suburbs

Podcast #77: How to Find the Ideal Investment Suburbs?

Featuring Gilbert Melgar, Founder of Suburbs Finder

 

Welcome to another edition of the Propertybuyer Podcast

In this episode we will be looking at how you can use Data Analytics to quickly pinpoint the best suburbs for property investment.

It seems there is a property story on the news every night about the housing crisis and our social media feeds are jam packed with opinions on where the next hotspot is to invest.

So how do you make sense of this plethora of information and cut through the noise?

If you are thinking about how to invest, where to invest, and how to choose the ideal suburbs for your budget where do you start?

Well today we are fortunate to have in the studio Gilbert Melgar, Founder of Suburbs Finder who I have known for several years.

He is a self-confessed Digital data analytics lover and is passionate about using data to make data driven investment property decisions.

 

 Questions will cover in this episode

1. What inspired your fascination with property data?
2. What sparked your interest in the property market?
3. Why did you set up Suburbs Finder? What is Suburbs Finder all about and how does it work?
4. Many investors get confused about WHERE to invest – how would you recommend a property investor approach the task of deciding where to invest? What criteria do you recommend?
5. Some people are cynical about data analysts saying they can’t see the wood for the trees, or that too much data creates paralysis by analysis? What do you say to those negative arguments?
6. In your experience looking at data every day – what do you suggest are the primary drivers of capital growth?
7. What are the least important factors for capital growth? (in other words – what factors do some property investors get too hung up on).
8. Let’s discuss median prices of suburbs. Do you think median price is an accurate measure of the real market price of property in a suburb? Why or why not?
9. Do you have a better way to measure property prices in a suburb?
10. Property supply – What are some good ways to measure the supply of property in a suburb or region? And how can investors learn to use data to avoid buying in areas that are oversupplied?
11. What property trends do you think investors could take advantage of to boost their returns?
12. Given that we all know property location (suburb selection is vitally important) how much importance do you place on choosing the right type of property for a location? ie house/ unit/ terrace / townhouse etc?
13. Prop tech – and AI – What are you adopting in your business to keep up with technology?
14. They say historical performance is not a reliable indicator of future performance – but in property, historical performance is often a good guide. What are the leading indicators for future predictions of prices?
15. Property cycles in difference cities – how does your data help interpret where is city is at the property cycle?
16. Why do some suburbs perform so much better than others?
17. What level of confidence do you have in your data – do you ever get it wrong?
18. What is your outlook for the property market over the next 12 months?
19. What has been your best property investment?
20. What’s your best property tip you can share with our audience today?