DiscoverThe Elephant In The Room Property Podcast | Inside Australian Real EstateSuburb Trends May 2024: How to Spot False Positives in Property Data
Suburb Trends May 2024: How to Spot False Positives in Property Data

Suburb Trends May 2024: How to Spot False Positives in Property Data

Update: 2024-05-12
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In this month's Suburb Trends report for May 2024, we're diving deep into the world of property investment, exploring a critical issue that every investor should be aware of: false positives in property data.


With the property market experiencing upward pressure on prices due to low supply, investors risk being misled by appearances, just like the allure of a dimly lit nightclub before the lights come on. Without the ability to distinguish between promising investments and pitfalls, investors may find themselves making pretty costly decisions based on misleading data.


To shed light on this topic, Kent Lardner joins us to discuss strategies that will help in discerning between genuine opportunities and false positives. Together, we'll explore strategies for evaluating property data, spotting red flags, and making better investment decisions even in the midst of inflated markets.


This is the beer goggles and property episode! Tune in to learn how to spot false positives in property data.


Episode Highlights:


00:00 - Introduction


00:56 - How the "lights-on" moment aims to reveal hidden truths in property investments


03:49 - How can one mitigate the impact of external factors on property market analysis?


05:33 - What core factors should owner-occupiers prioritise when assessing property options?


09:35 - Is the current trend of investors targeting affordable properties sustainable?


14:18 - How can market players anticipate and respond to potential downturn scenarios?


19:01 - What are the real factors behind the increase in housing costs


21:03 - How are affordability ratios and wealth interconnected in suburban markets?


25:01 - The importance of macro and micro-level data when considering property investments


29:24 - Key factors influencing investment decisions in the real estate market


31:57 - Is there a risk of social unrest due to housing inequality?


37:26 - What are the current rental housing challenges in Melbourne and Sydney?


47:34 - What are the implications of the Docklands case study for urban development?


About Kent Lardner:


Kent Lardner is an expert data science and business leader with 30+ years of experience at leading companies like JLL, CoreLogic, and General Electric. He has led teams of 5 to 200 people across Australia and China, driven by his passion for high-growth digital businesses. Kent is also the founder of Suburbtrends, a leading property research firm trusted by major names in Australian property and featured in mainstream media.


Connect with Kent Lardner:



Resources:



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Suburb Trends May 2024: How to Spot False Positives in Property Data

Suburb Trends May 2024: How to Spot False Positives in Property Data

Veronica Morgan & Chris Bates