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

Ep 6 - Kent Lardner | Learn how to sort through property data and choose what's important


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Learn how to sort through property data and choose what's important

Don't believe the hype! What property statistics can you rely on?

Kent Lardner is a “geek with a personality” and he discusses different types of property data and explains what’s important. Knowing a little bit can be dangerous, largely because of the inconsistencies & nuances of data, of which most of us know nothing. In our chat we cover:

  • The trouble with median sales data
  • What information you need to look at beyond sales data
  • How agent bias can affect vendor price expectations
  • What goes into an AVM (automated valuation model), when they are used and why automated estimates vary so much from actual sales prices in Australia
  • Technological advances that might soon mean machines replace property valuers & real estate agents
  • Short term and long term indicators that predict capital growth
  • When and how to seek out local knowledge
  • Tips for making an objective assessment of property value so you can work out what to pay
  • How to use search engines to uncover more properties with potential

 

If you want to make better property decisions, this episode is a must-listen-to!

 

JLL

http://www.jll.com.au/australia/en-au

 

SEIFA scores

http://www.abs.gov.au/ausstats/[email protected]/Lookup/by%20Subject/2033.0.55.001~2016~Main%20Features~SOCIO-ECONOMIC%20INDEXES%20FOR%20AREAS%20(SEIFA)%202016~1

 

Zillow Zestimate

https://www.zillow.com/zestimate/

 

House Canary

https://www.housecanary.com/

 

Will robots take my job?

https://willrobotstakemyjob.com/

Free download - list of property data sources

 

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

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