Hi All I am new to this forum and this is my first post.
I have 1 x IP and am researching to buy the next IP.
my question is : where do people look up the rental vacancy rate and do you trust the source?
the reason I am asking is that I have looked at the 2 x IP magazines( your investment property and API) and website like SQM research , even with the same postcode , same suburb name and roughly same period of time the vacancy is very different
e.g. Altona Meadows 3028
period: Nov 2014
Your Investment Property magazine : 1.43% data from ***************************
SQM research website: 3 %
I would like to do my research but if the raw data is untrustworthy it can be dangerous. I know REIV also sell this type of data but it seems to be a summarised version and does not break down to individual postcode
Thank you in advance for reading and replying
I have 1 x IP and am researching to buy the next IP.
my question is : where do people look up the rental vacancy rate and do you trust the source?
the reason I am asking is that I have looked at the 2 x IP magazines( your investment property and API) and website like SQM research , even with the same postcode , same suburb name and roughly same period of time the vacancy is very different
e.g. Altona Meadows 3028
period: Nov 2014
Your Investment Property magazine : 1.43% data from ***************************
SQM research website: 3 %
I would like to do my research but if the raw data is untrustworthy it can be dangerous. I know REIV also sell this type of data but it seems to be a summarised version and does not break down to individual postcode
Thank you in advance for reading and replying