RP Data

Unless you're really on top of it, you're not actually going to know that.

We just go into RP data, and if you've got a paid subscription, then great.

I'd say if you're going to do this yourself, get an RP data subscription, pay the $100 a month, and you'll be able to find out a lot of good details.

But simple checks like that gives you all those little advantages to get in the mind of the vendor and find out, ah, they tried to sell it six months ago, didn't get the price point they want.

Now they've listed it with another agent a couple months after.

The reason I wanted to begin there is because I've been revisiting a piece of research that I think is one of the best long-term Australian property reports ever produced.

Now it was produced by RP Data, now known as CoreLogic.

Now, these guys are hitting a bit when it comes to Australian property data.

They're relied upon by a lot of the banks, a lot of the valuers.

So I will keep you posted on that one.

As I say, it's something that we're excited to get stuck into next year.

odd uh odd to be seven years on you know we often talk about australian market cycles having a sort of seven to ten year uh seven to ten year cycle i beg your pardon and um yeah here we are 2026 seven years on from that uh renovation in meriwether so uh If we look over that RP Data report that I mentioned earlier, 1992 to 2022, the thing that stands out to me isn't simply that property went up over the long term.

Yes, across that 30-year period, combined capital city dwelling values increased enormously.

Cameron is one of Australia's leading independent property economists.

20-plus years in the game, spent a considerable amount of time at originally RP Data, then CoreLogic, and then the REA group, which is realestate.com.au.

So Cameron has a wealth of knowledge, and he runs his own Kusher consulting business.

So if you need some great data or some insights in the property market, just check out Cameron there.

The main reason is because they're not considered the top five.

And so that's come back to a data point of view with Cotality, so formerly known as RP Data.

they actually publish changes to property prices every day.

So I track those.

Um, people will tell me exactly where they live, if they're a tenant or an owner.

I know exactly, uh, with RP Data.

So I collect- ... properties in my database.

And then, um, the remote professional will go through and see who hasn't received one, and then we'll also go to the bottom of the list, who's received one six, nine months ago, we'll send them a new one.

I've been in IT for more than 15 years.

And yeah, I guess that's what gives me the edge of being a BIOS agent is being able to apply my IT skills, you know, integrating with various systems like RP data and stuff to give me the information that I want.

With a skill set like this, helping clients find property is part of Segarra's daily routine.

As a buyer's agent, my job is to find property, to help people buy property.

Continuing from a previous episode to talk about the first few properties he purchased, Segaria delves into the story behind his third property and whether he resides in it or rents it out.

With a changing market and more properties to his name, Segaria shares the strategy he uses when it comes to investing.

My IT background has allowed me to sort of extract a lot of information from, I mean, RP data is just data, right? It's how we then make that into useful information.

So one of the information that I gathered from doing my analysis was, in terms of growth, You know, people keep talking about like good suburbs, bad suburbs.

So on paper, yeah, sure, it looked okay.

But what we might do... is some deeper searching through Quotality, RP Data.

We do deeper search and does Jenny even own that property? Jenny's just actually Sally's best friend.

It's all bogus.

Yeah.

So the data was straight from RP data.

So the warehouses, we picked the one unit, unit 38 slash 49 to 51.

As I said, I have sold it four times in the last eight years.

We used to have...

RP Data and Residex.

But the availability of data has just exploded really since, I guess, particularly over the past decade.

And I was reading Westpac's housing pulse.