The Elephant In The Room Property Podcast | Inside Australian Real Estate

Ep 16 - Luke Metcalfe | The truth about what really makes property prices go up or down?


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Is it possible to do long term property forecasting?

 

Have you ever wondered what you should be looking for in a property? Should we look for new infrastructure and/or anticipate the impact of driverless cars, noise cancelling and the changing nature of the workplace? The answers are in the data and Luke Metcalfe opens a fascinating window into what really matters. We discover:

 

  • How machine learning can help us understand the property market and where it falls short.
  • The 8 criteria that matter when determining future price growth.
  • The importance of liveability and how it impacts land value.
  • What else you need to know about train stations.
  • Problems with short term data versus long term hold strategies.
  • What banks do with renovation data.
  • 3D imaging, voice activation, drones & image recognition; what will they mean for the property industry?
  • Red herring data and the truth about space and tranquility.
  • The ethnic predictors of poor growth.
  • The behavioural biases that good data can help us overcome

The future meets the past in this interview. And don’t miss the biggest single factor that affects price growth.

Links:

www.microburbs.com.au

www.rapint.com

 

Social headlines:

Is Sydney becoming a London, a Shanghai or a Miami?

The biggest single factor that affects property price growth

 

Social media profiles:

https://www.facebook.com/microburbs/

https://twitter.com/microburbs

https://twitter.com/orchyluke?lang=en

See omnystudio.com/listener for privacy information.

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The Elephant In The Room Property Podcast | Inside Australian Real EstateBy Veronica Morgan & Chris Bates

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