As the Australian property market gains momentum real estate agents can now stay abreast of the current trends in the broader residential real estate market with a new online property data service.
To help agents keep up to the minute with current trends, RP Data yesterday launched its Premium Property Pulse online which comprises of interesting property market facts and figures.
Developed by group national research director Tim Lawless, along with senior research analyst Cameron Kusher, the online tool will highlight hotspots that are worth looking into for future investment.
Also included with the hotspots information will be key market statistics such as current and historical prices, demographics, rental rates and yields information as well as a summary of recent sales in the suburb.
An overview of capital city and national property values, capital growth, leading indicators such as the average number of days on market and the amount of vendor discounting in the market is also outlined in the reports produced by the online product.