Investability Index: This index is entirely built on historical social area analysis. It forecasts relative future housing demand across every SA2 region in a state by analysing variables historically associated with a higher willingness to pay for housing in various mortgage repayment and rent payment brackets. Some of the main variables we analyse in connection with this score and their relative scores are detailed below:
House Price Score: Previous house/rent price trends for the area and their own relation to future housing demand estimates.
Income Score: Analyses the relationship between household and personal income statistics future rent payments and mortgage repayments in an area.
Industry Score: Analyses the density of people in a certain area working in different industries. There is an identifiable trend between people willing to pay more for housing costs and what industry they work in.
Population Distribution Score: Analyses the distribution and density of certain segments of the population and finds its effect on prospective future housing demand over time.
Occupation Score: Analyses the correlation between people living in a certain area and their willingness to pay for housing in a certain area over time.
Housing Demand State Index (0-100) Map
The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.
While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data.
Historical prices and trends are not a guarantee of future prices and trends.