Must have tools for buying Brisbane property.
One of the really cool things about the era of internet 2.0 is it’s never been easier to become an amateur sleuth when searching for Brisbane property.
There are all sorts of things you can do. Check out restaurant reviews, seek awesome holiday destinations or research companies you’re doing business with.
And in the world of property, it’s a fertile time in terms of online information that can make you an extremely well-informed potential buyer.
It’s time to crank up your favourite PC/smartphone/tablet and enter a world of discovery about your new hot prospect.
To help you along, here are some great sources to make you a site-specific expert on your potential Brisbane property holding.
Brisbane Property portals
Many property pundits only rely on one or two property portals to source Brisbane real estate.
While Realestate.com.au and Domain are the largest, third on the ladder is View.com.au and it puts some powerful tools at your disposal.
View.com.au provides information on the recent sales, demographic data on neighbouring households and whether the area is dominated by rentals or owner-occupiers. You can check out what schools are nearby. School catchment maps are coming soon too. It’s very helpful, and it’s free.
If you do use realestate.com.au and Domain, try digging a little deeper than the ‘For Sale’ and ‘Sold’ tabs.
For example, if the property has been recently sold and is back on the market, you may be able to see how it’s changed by comparing photos, floor plans, and property descriptions.
Brisbane City Council (BCC)
There’s so much brilliant information available on Council’s website, we could have devoted an entire blog to it. Here are the sections to look out for.
City Plan 2014: Found within the Building & Planning tab on the website, this free tool is a huge source of information and allows you to enter an address to find a series of maps and overlays. City Plan highlights zoning information, character areas, flood, overland flow, transport noise corridors and more. It also provides an aerial map from 1946 – a useful addition for those wanting to sight if a property’s demolition is controlled by heritage limitations.
PDOnline: Often used in conjunction with City Plan 2014, PDOnline is a fantastic tool you can use to check if there are any development applications, any assessable applications against the property. This tool will also tell you how the property is zoned. You can search for developments in your area, too, which will help you forecast property values down the track.
Floodwise: A great BCC product that allows you to search the flood potential of a holding. It gives a clear indication of how high floodwaters came relative to a property as well as floor level limits and the topographic heights of an allotment.
Suburb reports: The BCC website is also pretty impressive when it comes to free suburb information. Looking to find out what bike paths and parks are in the suburb? It’s all included in their suburb report.
Heritage Register: Thinking of buying a home with historic features? Better check what’s protected on the Register before you buy, especially if you’re a bit keen to renovate.
A very recent entrant, this online helper allows you to enter an address and check out a series of compelling reports on demographics, listings, sales, crime rates and just about anything else you care to find out. It’s a terrific source for getting up to speed quickly on a potential purchase and will no-doubt progressively develop its already comprehensive offering. Best of all, it’s free.
The clever folks at Google have really done us in the real estate game a great service.
Some may have questioned their genius a few years back when they began the Google Maps/Earth project, but we are now thanking them for their foresight.
By locating your prospective purchase on Google Maps, you’ll learn it’s orientation, position in relation to main roads and other surrounding uses, nearest public transport options and proximity to facilities like schools, parks, churches etc.
It makes you wonder how we survived before it came along.
This one was doing the rounds a couple of years back, but it’s still a useful reference. You can search your suburb and see exactly how handy it is in terms of lifestyle facilities and general accessibility. You can also compare Walkscores between suburbs to help ‘paint the picture’ on where to invest.
Develo brings all of a property’s information together in one spot.
Be aware though, most of the information is freely available but if you don’t want to do the legwork yourself, this could be a handy help.
There are two reports, the Property Fact Pack for $9.90 and the Property Search Report $49.00.
The Property Fact Pack includes easement locations, underground services including gas, sewerage, storm water drains, water pipes, NBN and electricity wires. It also provides a noise impact report, (handy if you don’t know about nearby noise pollution corridors), plus all the Brisbane City Council information in one neat package, such as Lot Details, overlays, zoning, bushfire risk, landslide risk and more.The Property Search Report is the same as the Fact Pack but includes Title search results.
CoreLogic: the go to for Brisbane property data
This massive research company creates reports on all elements of the market. If you’re a serious investor looking to understand and monitor the market closely, these reports could be well worth your time and money. They aren’t cheap, but they are comprehensive.
CoreLogic is also an absolute must for data nerds who devour Brisbane real estate statistics. Their subscription service allows you access to a wide range of specific property ownership data, as well as sales data and even analysis across wider geographic areas. It’s the go to source for most Brisbane property professionals.
REIQ Queensland Market Monitor report: If you’re looking for analysis on the market, including data on median house price and median unit price movements over the past quarter, year, and five years, then the Queensland Market Monitor has you covered. At just $22 per quarter, it’s affordable and comprehensive and includes information about major developments that are coming up that are likely to impact property prices.
When you can’t get onsite, subscription-based service Nearmap allows you to virtually inspect your potential holding by use of high-resolution aerial photography. It’s an effective way to get a handle on site coverage and dimensions, among a suite of additional information. Nearmap also carries market data overlays so you can see what’s been traded in your area of interest too.
The world of online research is evolving constantly, so vigilance is your friend in staying ahead of the trends.
These research tools will help you be as informed as possible but they are, of course, just one part of the process.
While kicking off your research from the desk is easier than ever, there is no substitute for physically inspecting a property and it’s surroundings. This is where a buyers’ agent will prove invaluable. They combine online research with onsite experience to help you land the perfect purchase.
Property Pursuit has purchased over half a billion dollars’ worth of property on behalf of real estate buyers in Brisbane – both investors and home buyers.
To get access to all of these online research portals, plus our in-depth local knowledge, give us a call and see how we can help you find your next investment property or dream home.
|1300 726604 or +61 7 3177 3399|
To talk about your own plans, contact one of our passionate Property Pursuit Buyers’ Agents.