It's true that a lot of this data can be found online or through other sources; but the enormous task of collecting it every month for over 15,000+ suburbs across Australia for both houses and units and then processing it in a meaningful way, is more than enough for many to put it in the too-hard basket.

To further compound the challenge, our own analysis revealed that when you just look at one or two indicators on their own, the results are significantly lower in terms of selecting the right suburb for price growth.

This can happen because in some cases, one month in isolation might give you a great score for one or two indicators, but the next month you get a really poor score.

A good example of this might be an Auction Clearance Rate of 50% in one particular month, and then the next month it is 100%. But in the first month, 16 properties were auctioned, and the next month only two properties were. So in this case, two problems are visible.

Simply relying on one or two indicators is not enough because it doesn't tell a reliable story. Statistics can be unreliable, particularly with volatile indicators, which bounce around from time to time. That's why LocationScore maximises the statistical reliability of combining all 8 key statistics together for a superior level of insight into the level of demand and supply within each suburban marketplace.