Ben Kingsley, co-founder of LocationScore was recently interviewed by Kevin Turner on RealEstate Talk on how did it come about and how does it work? Tune in now to find out more.

It's hard to visualise all the things that we talk about in our podcast and video series. Especially when it comes to analysing a set of data. That is why the LocationScore Lads have decided to share their insights and have a live demonstration on how it's done. Pre-register for this webinar here and we'll let you know when it's up! 

The last variable on this Back-to-Basics Series is Online Search Interest! When you are searching for a property, have you a noticed a button that says 'Page Visits'? Yes, that's what we meant by Online Search Interest. So how do you combine all the page visits in a suburb and convert it into a data that is reliable? Find out more here!

As the name suggests, this is a direct indicator of the supply in the market. It's an easy one to search for as well! But what's the percentage that you should look for in a balanced market? The LocationScore Lads brings you a little bit more than just doing a quick search on realestate.com.au.

Most people are familiar with rental yield. It is a measure of the rental income a property earns in a year as a percentage of the property's value. If you are an investor, this is undoubtedly one of the indicators that you want to focus in but what if you are an owner occupier? Will this matter? 

VACANCY RATE.

Bryce mentioned this time and time again in keynote speech and presentations across the country, if you are an investor, one of the worst risk that you will face is vacancy. It defeats the purpose of buying an investment property if no one is living in it and that is why this variable meant a lot to supply and demand. Find out more in this Back to Basics Series!

Of all the dwellers in a particular market, there are only two kinds—those who rent their accommodation and those who live in it. The proportion of renters, often shortened to just ‘renters,’ is the percentage of tenants living in a market compared to all owner-occupiers in that market. How is this important to Supply and Demand?

Second video in the LocationLads Back-To-Basic Series is Average Vendor Discount, the difference between the original asking price of a property for sale and the eventual sale price. How will this variable relate to the movement in the market? Find out more here!

The LocationScore Lads kick off this Back-To-Basics Series with Days on Market! 

So what is it? DOM is the average number of days a property will typically spend advertised ‘For Sale’ before it sells. But how does it relate to Supply and Demand? Find out more in this video now.

If you are wondering LocationScore comes about or if you're curious on it all works, here's a brief video from us explaining all that! Tune in now to start understanding why data matters when investing in property.