THE POWER OF BIG DATA TO PREDICT CAPITAL GROWTH

Boomscore 'grabs' millions of property data points from 9 reputable sources

Boomscore finds, collates and analyses various public sources of highly regarded property market data that together gives this suburb research tool's algorithm millions of 'supply' and 'demand' data points to then begin its work. Doing this work manually is almost impossible and most certainly unreliable.

CALCULATE CAPITAL GROWTH POTENTIAL

Boomscore's algorithms calculate the ratio of demand to supply against 8 market indicators...

1
DAYS ON MARKET
3
STOCK ON MARKET PERCENTAGE
2
AUCTION CLEARANCE RATE
4
GROSS RENTAL YIELD
5
VENDOR DISCOUNTING
7
ONLINE SEARCH INTEREST
6
VACANCY
RATE
8
PROPORTION OF RENTERS

8 property data indicators used to calculate the gap in supply and demand for each suburb in Australia

The eight property market indicators of demand and supply are powerful on their own but Boomscore assesses all indicators together to ensure consistency between their readings.


For example, if Auction Clearance Rates in one location were 90% (high demand) but there were large discounts provided (vendor discounting) then this is inconsistent. Why would a seller need to discount in a hot market?

BENCHMARKING

The relative importance of each capital growth indicator

Each indicator has a 'balanced' reading that implies the market is balanced ie. supply = demand.

For example if a location's Vacancy Rate is 3%, it is regarded as a 'balanced' market: there are enough tenants around and  enough rental properties for rent.

Boomscore either 'rewards' or 'penalises' a suburb's overall Boom Score depending on how far from the benchmark each of the 8 statistics are.

for example, a suburb with a 0.05% vacancy rate is given a higher overall score than a suburb with a 5% vacancy rate, for example.

If the Vacancy Rate is:

0.5%

Demand exceeds Supply

If the Vacancy Rate is:

3%

the market is 'balanced'

If the Vacancy Rate is:

5%

Supply exceeds Demand

Boomscore's algorithm tests each indicator against known industry benchmarks before generating a final Boom Score out of 100. The greater the Boom Score, the more likely a suburb will outperform a comparable suburb with a lower score. This allows investors to pinpoint the very best locations to invest in for imminent capital growth and, therefore, property investment success.

boomscore finding emerging hotspot

track suburbs for emerging high growth areas with market alerts

INVEST BEFORE PROPERTY PRICES RISE

The holy grail of investing: Get in before the rest do and see maximum return on your investment (aka capital growth) when prices subsequently go through the roof. A high Boom Score generally means a location's prices may rise. But remember that the trends in the property market data give us a more accurate picture of WHEN to invest and WHERE to invest for maximum price growth. It's always possible to find a high growth market in any property market cycle, and Boomscore continues to outperform experts in doing this.

Know which areas to avoid

A 'no-go zone' suburb is a suburb where supply way exceeds demand and the trend in the property market data suggests it's unlikely to get better soon. Developer's pay huge commissions to offload properties in these oversupplied areas ... so beware.

Hotspot Finder (in Boomscore) filters out 99% of 'bad' to just 'good' suburbs and leaves you with the very best to analyse ... in 4 clicks.

COMPARE THEn pick the BEST

Too many options making you confused? Not ready to invest just yet? We have this problem all the time here at Boomscore ... that is, too many good locations to choose from. No problem - shortlist and compare all the suburbs you like then strike when they move from 'good' to 'great' (or sell if the opposite occurs).

Boomscore spidermap

Boomscore's 'Spidermaps' make it easy to visually understand complex property market data

A picture paints a thousand words

Not everyone loves rows and rows of property market data. It can be mind boggling and hard to assess for 'visual people' like Boomscore's founder, Michael. Boomscore's Spidermaps make it easy to visually determine a suburb's potential. Read more.

Monitor the property market data trends

To illustrate how important it is to view ALL the stats for ALL 15,000 Australian suburbs in combination and side-by-side, and also why to monitor the TRENDS in the data, here is a tale of two suburbs:
... Same Boom Score TODAY but with very different property market data trends.
... One suburb is a potential SELL and another is a potential BUY.

... Was that opportunity knocking?!
Again, doing this work manually is almost impossible and most certainly unreliable.

boomscore property market data trending down
boomscore property market data trending up

Two suburbs with the same Boom Score at a certain point in time. Same Boom Score, but very different opportunities.

Some further reading about Boomscore's features

The property mantra ‘location, location, location’ has become ‘research, research, research’. This is because we’re fortunate to have great property data available from a multitude of sources – but it

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