❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES 💡 Private Facebook Group With Over 40,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty 💡 Top Ranked No "BS" Podcast On Spotify/ iTunes/ Google 👉 consultingbypk.com.au/podcast/
So we basically waited to be told what 5 factors to not to look at but in the end were given only two factors out of the 30 off data factors you tell us we need to watch. Not terribly useful
Days on market is a lagging indicator though, just like median house prices. It won't predict the future anymore than median house price trends. It's historical past data where it can go further up or further down. Prices changes are not due to stock/days on market, that's a secondary force that changes because there is increased demand from some of the factors you mentioned.
Due to the current market and hysteria, fomo etc, days on market and inventory level data points for pretty much anywhere are hyper skewed, and so they could look quite good anywhere you look. I can literally find low stock levels and low DOM pretty much anywhere I look. In a property boom like this, it doesn’t really have weight to adding clarity on finding the next boom spots. Ps friendly feedback, I enjoy listening to you and appreciate your level headed perspective, but your YT personality is misaligned with your sales personality. Here you say you don’t need to pay buyers agents, it’s not rocket science, anyone can learn this stuff, but then you sell a $6k course to learn this stuff. In direct conflict with who you say you are, and what your actions are.
Thanks for the feedback. Yeah it’s not rocket science, once you learn how to do it. Like once you get some coaching to play tennis, then playing tennis is easy. But without coaching, you kay always be struggling. That’s the way to look at things ☺️
@@AusPropertyMasteryWithPK Sure, but same rules apply. Buyers Agents promise you pay them to get access to the keys to the game / secret info. Your course presents the exact same. Of course you should be able to make money while helping people, maybe it’s just the way you go about doing it ☺️
@@stugots2863 there’s no secrets actually haha We Find growth suburbs that also give net income using a synthesis of 30-35 data factors such as stock on market %, days on market, online search interest ratio, building approvals %, average discounting %, developable land supply, job advertisements, mortgage affordability etc Defining the balance between demand and supply using thresholds, wieghting and trends. Where demand exceeds supply prices rise. It’s scientific. Of course we also want to make sure the growth suburbs we identify are also positive cashflow. Good BA’s do the same. Only thing is anyone can do this themselves. That’s my message.
@@AusPropertyMasteryWithPK and it’s a great message. I am all for empowering others to do the work/research themselves… we don’t need to pay for expensive experts (save for certain circumstances) and most things are better done (& more rewarding) yourself. Thank you for your content mate, it’s very insightful.
❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES
💡 Private Facebook Group With Over 40,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty
💡 Top Ranked No "BS" Podcast On Spotify/ iTunes/ Google 👉 consultingbypk.com.au/podcast/
This is very useful content. Thank you very much PK!
Pleasure!
How would you find out where a suburb is sitting in the cycle? I haven't been able to find this online.
Great video PK.
Thanks mate!
So we basically waited to be told what 5 factors to not to look at but in the end were given only two factors out of the 30 off data factors you tell us we need to watch. Not terribly useful
Any website which can actually help us to get value information and not confuse us.
Days on market is a lagging indicator though, just like median house prices.
It won't predict the future anymore than median house price trends. It's historical past data where it can go further up or further down. Prices changes are not due to stock/days on market, that's a secondary force that changes because there is increased demand from some of the factors you mentioned.
Sure :)
But what about in smaller places with population increase? I think the population increase in Cairns has massively driven property prices up
Excellent video
🙏🏼
Where we can see data regarding days on market for particular location?
the best and the worst thing that happened to me is coming across PK.... goodbye any other hobby... this is it!!!!
you got a nice necklace.
Besides the course do you sell information for people who just want a location at a specific price range that is ready to grow.....
Sorry I don’t
@@AusPropertyMasteryWithPK 🤯🙏
Hi PK, how can i reach out to you as a client?
Here you go
consultingbypk.com.au/
Due to the current market and hysteria, fomo etc, days on market and inventory level data points for pretty much anywhere are hyper skewed, and so they could look quite good anywhere you look. I can literally find low stock levels and low DOM pretty much anywhere I look. In a property boom like this, it doesn’t really have weight to adding clarity on finding the next boom spots.
Ps friendly feedback, I enjoy listening to you and appreciate your level headed perspective, but your YT personality is misaligned with your sales personality. Here you say you don’t need to pay buyers agents, it’s not rocket science, anyone can learn this stuff, but then you sell a $6k course to learn this stuff. In direct conflict with who you say you are, and what your actions are.
Thanks for the feedback. Yeah it’s not rocket science, once you learn how to do it.
Like once you get some coaching to play tennis, then playing tennis is easy.
But without coaching, you kay always be struggling.
That’s the way to look at things ☺️
@@AusPropertyMasteryWithPK Sure, but same rules apply. Buyers Agents promise you pay them to get access to the keys to the game / secret info. Your course presents the exact same. Of course you should be able to make money while helping people, maybe it’s just the way you go about doing it ☺️
@@stugots2863 there’s no secrets actually haha
We Find growth suburbs that also give net income using a synthesis of 30-35 data factors such as stock on market %, days on market, online search interest ratio, building approvals %, average discounting %, developable land supply, job advertisements, mortgage affordability etc
Defining the balance between demand and supply using thresholds, wieghting and trends. Where demand exceeds supply prices rise. It’s scientific.
Of course we also want to make sure the growth suburbs we identify are also positive cashflow.
Good BA’s do the same.
Only thing is anyone can do this themselves. That’s my message.
@@AusPropertyMasteryWithPK and it’s a great message. I am all for empowering others to do the work/research themselves… we don’t need to pay for expensive experts (save for certain circumstances) and most things are better done (& more rewarding) yourself. Thank you for your content mate, it’s very insightful.
Hi PK, this is awesome. A quick question, what data sources do you usually use for research?
Domain
He will never answer this question...
Holmview??
Not a fan
@@AusPropertyMasteryWithPK any Suburbs in QLd positive and sit for 5 years 20% growth
@@vikksareenvlogs3946 20% in 5 years? That’s very low, almost any suburb will achieve that
@@AusPropertyMasteryWithPK pl suggests in QLd or Adelaide or Melbourne ... depending on borrowing and yield we can decide