Boomscore

16/05/2022

Statistical vs. Fundamental property market research ???
.. Do you know which is best (or in what order) to help you pick the best investment locations for maximum returns ?

Here's the verdict as seen in Your Investment Property magazine.

》https://bit.ly/3LuVWTn

30/03/2022

Here 👇 are 14 "POPULAR SUBURBS" according to Smart Property Investment Magazine.

Now we weren’t sure what criteria SPI used to pick these suburbs, so we used our BOOMSCORE - Suburb Profiler Tool at boomscore.com.au/app to find out more... 🔎

… the results were interesting!

We checked out the imminent capital growth ‘BOOM SCORE’ of the House and Unit markets in each of the 14 suburbs. This Boom Score is based on 8 recognised supply and demand stats and is represented as a figure out of 100.
.. The Boom Score is purely based on statistics ... well, that's over a MILLION data points and 16,000 lines of code! It doesn’t consider any ‘fundamental' drivers but it’s a very useful place to start when rank ordering and analysing the next best growth locations. And it's particularly useful to check OPINION 🗣️ against SUBJECTIVE STATS (and TRENDS in these stats) before making an investment decision.

… Oh, and Boomscore is the same suburb ranking and research tool we have used to beat the property market ‘experts’ predictions (and the market average) for over a decade.

THE RESULT?

Surprisingly, 11 of the 28 markets (in 9 of the “Popular Suburbs”) were flagged by Boomscore as 🚫 NO GO zones for investment - whoops!

However, FOUR markets were highlighted as in a ‘potential upswing’ and are worthy of a closer look.

… These were:

✔️ Port Macquarie, NSW (Houses) = BOOM SCORE: 67 *
✔️ Port Macquarie, NSW (Units) = BOOM SCORE: 62 *
✔️ Geelong, VIC (Houses) = BOOM SCORE: 62
✔️ Orange, NSW (Houses) = BOOM SCORE: 60

*Of course, we aren’t surprised about Port Macquarie - it’s where we currently have a Boomscore investor-developer project on the go! 🎉

So next time you're doing your research go to Boomscore.com.au/app to - at the very least - check out your suburb's capital growth Boom Score and take a deeper look at the stats and their trends to find out what is really going on. You can also rank order all 15,000+ Australian suburbs according to your budget and strategy ... and set alerts ⏰ to track your chosen suburbs so you know when to buy, hold or sell for max profits.
BACKGROUND READING 📚

>> The 8 capital growth stats: https://boomscore.com.au/powerful-capital-growth-indicators-to-boost-your-property-market-research/

15/03/2022

If you enjoyed our past posts on important capital growth indicators, then here is another bit of property market research gold for you! This time on the importance of GROSS RENTAL YIELD...

DID YOU KNOW? ... 92% of Australian Suburbs are 🚫 ‘NO-GO zones’ (according to research tool - Boomscore)... achieving poor rents and ZERO to less capital growth !!!

No wonder the majority of property investors struggle to decide WHERE and WHEN to invest in property... and most FAIL.

Be one of the 1% of property investors who retire on rental income ... by understanding how to OBJECTIVELY find the suburbs that are set to benefit from capital growth, i.e. BOOM! 💥

There are 8 key market indicators of SUPPLY & DEMAND that can help you do this. Along with a FREE Research Guide and some proven tools.

>> One of the capital growth indicators is GROSS RENTAL YIELD.

Gross Rental Yield is the rental income as a % of the property’s value. For example, if a tenant paid $600 a week for a year, the annual rental income for the owner would be $600 x 52 = $31,200. Say the property is worth $950,000 then the GRY would be $31,200 / $950,000 x 100 = 3.2%. The GRY is calculated before expenses such as council, management and strata fees. The higher this figure, the more demand there is from renters, and soon investors, as a result… so a high GRY is a precursor to capital growth. But there's more...

Read our blog ⬇️ to find out more about this important statistic, where to get it and, importantly, what to watch out for...

▶️ https://boomscore.com.au/why-gross-rental-yield-is-one-of-the-best-capital-growth-indicators/

Can't wait!? ... Want to know about ALL 8 capital growth indicators? Then access our FREE 'Essential Guide to Property Market Research' now here: https://bit.ly/3I7rrln

🔎 Happy researching!

11/03/2022

If you worry about WHERE to invest, whether you can AFFORD to get started, the hassle of DODGY TENANTS, or WHEN TO BUY, HOLD or SELL in today's market, you should read our latest blog....

https://boomscore.com.au/how-to-invest-in-property-with-confidence/

Only 1% of property investors succeed in living off their investment portfolios. Most are derailed by the fear of failure which often causes indecisiveness.

In our blog we show you how to mitigate against some common risks (er fears) in order to invest in property with confidence.

09/03/2022

According to Smart Property Investment Auction Clearance Rates dipped only slightly over the past week in Sydney and Melbourne and rose or were stable across other major cities.

Fortunately, the alarming floods along the eastern coastline don't appear to have significantly impacted Sydney or Brisbane's market, as auction withdrawal rates remained marginally low. Let's hope this continues.

Read SPI's article: https://www.smartpropertyinvestment.com.au/research/23612-auction-markets-in-sydney-and-brisbane-weather-the-storm

To find out more about the impact Auction Clearance Rates have on potential capital growth - check out our previous post and...

>> Download our FREE 'Essential Guide to Property Market Research' at https://boomscore.com.au/essential-guide-to-property-market-research/

and

>> Use our suburb research and ranking tool, boomscore.com.au/app to check your suburb's Auction Clearance Rate and other trends ... compare your suburb against 15,000+ other Australian suburbs ... and find out your suburb's capital growth potential 'Boom Score'.

Auction clearance rates dipped slightly over the past week as Sydney and Melbourne’s volumes and clearance rates dropped.

08/03/2022

DID YOU KNOW? ... 92% of Australian Suburbs are 🚫 ‘NO-GO zones’ (according to research tool - Boomscore)... achieving poor rents and ZERO to less capital growth !!!

No wonder the majority of property investors struggle to decide WHERE and WHEN to invest in property... and most FAIL.

Be one of the 1% of property investors who retire on rental income ... by understanding how to OBJECTIVELY find the suburbs that are set to benefit from capital growth, i.e. BOOM! 💥

There are 8 key market indicators of SUPPLY & DEMAND that can help you do this. Along with a FREE Research Guide and some proven tools.

>> One of the capital growth indicators is AUCTION CLEARANCE RATE.

Auction Clearance Rate is the % of auctioned properties that sell by auction in a particular suburb. For example, if 20 properties were up for auction in a suburb and 15 sold at auction and 5 were passed in, then the ACR would be 15 / 20 x 100 = 75%. Real estate agents will often sell properties by auction when the demand is strong, as auctions typically push prices up. But not every property that goes to auction sells. The higher the ACR%, the higher the demand for properties. But there's more...

Read our blog ⬇️ to find out more about this important statistic, where to get it and, importantly, what to watch out for...

▶️ https://boomscore.com.au/why-auction-clearance-rate-is-one-of-the-best-capital-growth-indicators/

Can't wait!? ... Want to know about ALL 8 capital growth indicators? Then access our FREE 'Essential Guide to Property Market Research' now here: https://bit.ly/317rrln

🔎 Happy researching!

06/03/2022

You know you must be on to something great when (in 2016) an Algorithmic Equities Trader for a MAJOR investment bank raves about it.

After all, he's one smart man... He also knows that 92% of suburbs are 'NO-GO' zones (according to Boomscore) ~ these are suburbs where rents will be poor and capital growth will be zero or less.

We've heard it before... but LOCATION IS EVERYTHING.

Here's what Chris had to say to us.
.. He had been looking for investment strategies that offered the chance of above-market returns. Property development on his own seemed too risky for him... so he invested in a Boomscore investor-developer (or wholesale) project... in an objectively picked location.

"I had been looking for investment strategies that offered the chance of excess market returns. BOOMSCORE'S RESEARCH was what first got my attention; a way of bringing a level of OBJECTIVITY to property analysis and not being restricted to suburbs in the property magazines' universe. Years down the track my [investment] suburb still had good demand ~ We had several potential tenants expressing interest before the development was even completed. There is never a 'silver bullet' with risk management; but build quality, SUBURB SELECTION & SITE LOCATION all helped to skew risk to the upside... and, as an investor, my primary job is to seek investments that allow me to do that."

We totally agree Chris!

Read more testimonials at: https://boomscore.com.au/investor-results/
* testimonial provided in 2016

03/03/2022

Should I BUY, HOLD OR SELL my investment property?
.. Well it kinda depends on whether property prices are going up ⬆️ or coming down ⬇️ or stagnating, doesn't it?

If only we had a property market crystal ball.... 🔮 wait a minute...
.. Now you CAN get early objective property market warnings, thanks to Boomscore 'MARKET ALERTS'... and rely on the STATS, not opinions to make the right investment decisions at the RIGHT TIME.

Find out more at: https://boomscore.com.au/monitor-the-property-market-with-boomscore-market-alerts/

Boomscore's MARKET ALERTS feature is incredibly powerful. Instead of manually tracking important property data indicators over time, you can use this property market research tool to set alerts for changes in the data. For e.g. if the time it takes to sell a house is dropping and the auction clearance rates are climbing, now might be a time to buy.

Set and Forget ~ Set Unlimited Alerts ~ Time The Market

23/02/2022

Struggling to decide WHERE and WHEN to invest in property? 😕

Well, there are 8 key market indictors of supply and demand that can help you understand whether a suburb is set to benefit from capital growth, i.e. BOOM! 💥

ONLINE SEARCH INTEREST is the number of people searching online for property in a particular area versus the number of properties for sale in that area. For example, if there are 20 properties listed online for sale in a suburb and there were 250 people searching for property in that area, then the Online Search Interest is 300 divided by 20 = 15.

The higher this figure, the greater the demand compared to supply, and the more likely it is that property prices will go up in that area.

Read our blog to find out more about this important statistic, where to get it and, importantly, what to watch out for...

▶️ https://boomscore.com.au/why-online-search-interest-is-one-of-the-best-capital-growth-indicators/

Can't wait!? ... Want to know about all 8 capital growth indicators... then access our free 'Essential Guide to Property Market Research' now here: https://boomscore.com.au/essential-guide-to-property-market-research/

Happy researching!

10/02/2022

Do you know how to analyse & rank order 15,000+ Australian suburbs to cherry pick YOUR very best high-growth investment location?

Boomscore's HOTSPOT FINDER feature calculates the supply and demand for EVERY Australian suburb. Based on your budget and strategy, you can quickly use this property market research tool to add suburbs to your shortlist for review (in the Boomscore Suburb Profiler feature).

It's currently free; what are you waiting for?

▶️ Find out more at https://boomscore.com.au/find-the-best-suburbs-to-invest-in-with-boomscore-hotspot-finder/

Boomscore Hotspot Finder reduces frustration, relies on science not biased opinion, and is easy to use. BOOM!

27/01/2022

✔️ So we all know that examining 📈 (like Vacancy Rate... and more) is an excellent way to remove partiality when making an investment decision... but how reliable are these stats as indicators of capital growth?
.. You may be aware a suburb has a new shopping centre 🛍️🛒 nearing completion... and another suburb may have a new estate opening up with many new houses for sale. These factors will affect the future demand (and supply) for property, but how and to what degree?

Read our blog ⬇️ to learn more about some of the reliability issues you should consider to quantify the growth potential of a location...

▶️ https://boomscore.com.au/how-reliable-are-property-market-statistics-as-indicators-of-capital-growth/

Note: As published in Your Investment Property Magazine, September 2013

20/01/2022

'Throwback Thursday' ...

Boomscore founder, Michael Fuller, has been consulted as an expert in property market research for over a decade now 🏘️

Here he is in Smart Property Investment Magazine's Fast 50 Expert Panel (2014).

🎉 So much exciting news coming for Boomscore's followers in 2022 - watch this space...



Note: Boomscore was previously called Hotspotcentral.