Are Mortgage Calculators Accurate?
https://vimeo.com/1186811137/1b4b319ef3 Most Australians start their property journey on an online mortgage calculator. The maths it returns...
When we’re looking at predicting growth, one of the key things that most people do is they go back to the past and look at what has driven growth in the suburbs.
There’s information that we can pull out around the infrastructure that has gone in, that has made areas commutable.
We look at things like:
Population increase
Income increase
Gentrification
Another thing that I often look at is the ripple effect.
I’m looking at the fact that when one area is too expensive, there’s a flow on to the next area…
In the future, there’s going to be a lot more data analysis and that we’re able to do a lot quicker, and I’m sure there’s going to be a lot more predictions that come out.
I always keep an eye out on experts’ reports and what they’re predicting as well. I compare it against what I’m looking at and the prediction information that I use.
I think that gives you a really good start at looking at the entire market and all areas that you might consider in the future for you to invest in.
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https://vimeo.com/1186811137/1b4b319ef3 Most Australians start their property journey on an online mortgage calculator. The maths it returns...
The instinct makes perfect sense. You see government targets for 1.2 million new homes, headlines about record building approvals, and your first...