fbpx

To Find Out More, Call 1300 729 550

Property Development Research Tools – Part 2

In my last article, I discussed useful tools for property development that require payment. In this article, I will touch on useful tools that cost nothing. 

Council Websites:

As I work closely with students in my property development mentoring program it never ceases to amaze me the variation around the country regarding the amount of information on council websites. A good website would have the following features. 

  • A copy of the planning scheme Applications. 
  • View past development applications and track current applications.
  • Property Details. View zoning, lot size, lot and registered plan number.
  • Mapping including zoning, contours and overlays such as flood, overland flow, environmental, heritage, road hierarchy etc.

Google Maps:

I’m sure everyone has used Google Maps. For property developers it is useful for viewing streets, local schools, transport, parks, creeks, measuring distances, locating buildings. 

Google Earth:

Real satellite 3D imagery.

Google Street View:

Views properties from street level. Can view type and scale of structure, slope, impacting features such as trees, power poles, manholes, bus stops etc.

Before You Dig Australia: 

Is a free national referral service designed to assist in preventing damage to various infrastructure networks such as power, sewerage, storm water reticulation, gas, telecommunications. It will tell you the position of services but not the depth. When combined with contour information, the point of discharge for sewer and storm water can be ascertained. 

Market Research:

An essential ingredient of successful property development is too have up to date knowledge of the market you intend to develop in. Below are some websites that can be useful.

Property Search:

The old standards of www.realestate.com and www.domain.com.au are still the standard for searching what is for sale at what price. Open for inspection for townhouses or apartment are a must to see what other property developers are producing and to meet marketing agents. Domain’s suburb profile tool www.domain.com.au/suburb-profile is great for demographics as is their historical sales data site www.domain.com.au/property-profile 

Rental Growth / Yield:

If you are intending to develop stock for the investment market has access to data that calculates annual growth, rental yields and demand. 

Statistics / Demographics:

The Australian Bureau of Statistics offers a number of free packages for statistics, community profiles and demographics.

I have always been interested in the forecasts of BIS Shrapnel. While their detailed reports come at a cost, they release free reports often with a three-year window on the capital cities.

To chat with us further about property development and to learn how we could help you, click here

Kind Words From Our Students
Nuwan Fernando
Nuwan Fernando

"Now that's what you call accelerated learning!"

When we first met Bob, we had no capital to do our own projects nor much previous knowledge about property. With Bob’s teaching and guidance, we are now well into our first project in a no money down deal which was crafted from Bob’s amazing creative strategies playbook. We are now developing property for profit without ever having owned property prior to this. Now that’s what you call accelerated learning!

C. Nancarrow
C. Nancarrow

"I’d highly recommend PPS to any investor"

“I’ve found PPS to be a trustworthy and reliable business to deal with. Their communication flow is excellent and they’ve always made time to respond to any questions I have. I’d highly recommend PPS to any investor with aspirations to create wealth through property development.”

See Jeremy 
See Jeremy 

"Thanks Bob. You're the best in this business!"

Thanks Bob. You’re the best in this business! You have the track record. God certainty is please with you for helping those who has dreams! Your legacy will stay forever!

AS SEEN IN

You May Also Like...

What Is the Ideal Profit Margin in Property Development?

What Is the Ideal Profit Margin in Property Development?

LISTEN TO EPISODE
Property Development Masterclass – 2024

Property Development Masterclass – 2024

LISTEN TO EPISODE
Short Seminar: Property Development

Short Seminar: Property Development

LISTEN TO EPISODE
Property Investing – Armchair Developer Strategies

Property Investing – Armchair Developer Strategies

LISTEN TO EPISODE

Ready to Learn More About Property Development?

BE MENTORED BY US
PMM iMac