any reports for a suburb's reno potential?

Discussion in 'Where to Buy' started by mixedup, 29th Aug, 2012.

  1. mixedup

    mixedup Member

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    Anyone aware of a report that would be useful in reviewing a number of suburbs potential for profitable renovation? I haven't seen anything from RPData, domain.com.au so far.....

    I was thinking of something that have an indication for each suburb, for each type of house (e.g. 2br, 3br etc) the variation in low price sales to high price sales, or something like this.

    Any suggestions re how to readily get a handle on a number of suburbs potential re renovation via reports? (as opposed to walking the streets, reviewing sales manually, etc).
     
  2. Jake Milne

    Jake Milne Buyer's Agent (Vic)

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    Residex offers renovation reports per suburb. They're very comprehensive and detail every street in the suburb whilst giving you a formula to work out if there is enough disparity in property values to warrant healthy reno margins.

    I recommend talk to Barbara Edwards from Residex on 02 9409 0333

    Feel free to mention that Jake from infolio said "hi"

    *Edit: I think they also have a report for comparing renovations suburb to suburb.
     
  3. mixedup

    mixedup Member

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    Location:
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    oh ok thanks - had not come across this one - will have a look