Understanding demand and supply is perhaps one of the most important fundamentals of property investment. A downward trend in stock on market points to a higher demand for properties, and similarly in the rental market, a tightening of vacancy rate is ideal.
Main function: Property data
Other important features: Vacancy rate, stock on the market, demographics, asking price index
SQM Research provides investors with the tools to track this change with free statistics available in graph form on their website. SQM Research is best known for its vacancy rates and stock on market data, which can be searched in any postcode region and capital city in the country.
Upon filling out a suburb name or postcode in the search bar, a graph is generated, which overlays the vacancy rate against the number of vacancies in the suburb. It is important that investors not only look at the number sets, but also the direction in which it’s trending. Both landlords and tenants can use this graphic representation to gauge the strength of the market.
Stock on the market, which shows the number of houses and units for sale, is also a useful indicator to determine the amount of supply coming onto the market, and whether the supply is being absorbed.
Other useful data sets available on the site include demographic data generated from the Australian Bureau of Statistics, as well as the asking price index.
For investors who want raw data or a range of other residential real estate data such as area reports, they can also purchase these on the website.