The straight line distance, in kilometres, to the nearest large hub, whether this be a city or large town. Due to trends of people moving from small towns to large hubs, a long distance to the nearest hub can be a sign of lower access to goods and services, and a higher degree of isolation.
The proportion of different ethnicities and cultures within a suburb. A high value indicates a diverse community with a range of backgrounds and perspectives.
A score which reflects how well-educated the population of the area is, and the quality of the area's educational offerings, with a higher score reflecting a more educated populace buoyed by higher quality schools. It is measured as a score out of 100.
Elevation provides an indication of the steepness of the terrain in a suburb. A high elevation can inidcate a hilly suburb, while a low value can inidcate a flat suburb. A hillier property can be harder to develop, but a hillier suburb overall will often have greater amounts of green space due to development constraints. Elevation also contributes to the flooding risk (or lack thereof) in a suburb. In a suburb with a high hilliness index, there is often large fluctuations in housing prices, due to changes in the views and outlooks of different places. Resultantly in hilly suburbs, market segementation into high, medium and low segments is all the more important for understanding the market in the suburb.
The proportion of households who reported that they had at least one family in the dwelling on the 10th of August for the 2021 Australian Census. A family is defined as two or more people, one of whom is at least 15 years old, who are related by blood, marriage, adoption, step, or fostering.
The level of family-friendliness in a suburb, determined by factors such as access to schools, parks, and community services. A high value indicates a suburb with a strong sense of community and amenities that cater to families. It is measured as a score out of 100.
The total predicted percentage growth (or decline) in the population over the next ten years. High population growth drives high demand for housing, and if this is coupled with low housing supply, then this can lead to large housing price increases.
The growth in the price to rent a property over the past year.
Average access to healthcare services, scored as an index out of 100. A higher score indicates a greater availability of healthcare and specialised health services in the area.
Heritage zoned areas are those that, for historical or cultural reasons, have a high degree of development and building restrictions imposed, in order to maintain the overall aesthetic of the area. These development limitations often apply to the exterior facade of these buildings, and also mean that the floor space ratio of a building may not grow in-line with non heritage zoned buildings in the suburb, which face less development restrictions.
The Hilliness index measures the steepness of the terrain in a suburb. A high value indicates a hilly suburb, while a low value indicates a flat suburb. A hillier property can be harder to develop, but a hillier suburb overall will often have greater amounts of green space due to development constraints. Elevation also contributes to the flooding risk (or lack thereof) in a suburb. In a suburb with a high hilliness index, there is often large fluctuations in housing prices, due to changes in the views and outlooks of different places. Resultantly in hilly suburbs, market segementation into high, medium and low segments is all the more important for understanding the market in the suburb.
The level of trendiness within a suburb, examining things like the prevalence of bars, nightclubs, young populations and overall hipness. A high value indicates an area with a vibrant, trendy culture and hip amenities. It is measured as a score out of 100.
The total number of hip and trendy venues present in the region. A high amount of hip venues can indiciate a process of gentrification, whereby young people have moved into a formerly undesirable area and rendered it 'hip'.
The rate of change in the number of residents in a suburb over the past 5 years. A high value indicates a significant increase in the number of residents, which may result in increased demand for housing, infrastructure, and services. It may also indicate a growing economy and job opportunities. However, a very high population growth rate may lead to overcrowding and strain on resources. Historical population growth is helpful to keep in mind when analysing market trends.
The proportion of people receiving homelessness services from specialist homelessness agencies, ranging from general support to crisis accommodation. This speaks to levels of disadvantage in the area, and can be an off-putting factor for some buyers. It is important to note that these homelessness statistics are measured on a broad SA2 level, and that it is likely that homeless individuals will tend to concentrate around support services, instead of residential streets.
The percentage of the populace which fall within the category of the bottom 25% of income earners in Australia. It is important to note that Australia still has a high minimum wage.
The percentage of the populace which fall within the category of the top 25% of income earners in Australia.
The total industrial land area in the suburb.
The variety in the types of industries present in the region. A high index indicates a large number of different industries, suggesting a diversity of job types, whilst a low score suggests an over-reliance on some core industries.
The income inequality represented between 0 and 1 using the Gini coefficient. A higher value indicates greater income inequality. Note rural communities will tend to have high inequality, due to there being wealthier farmers and poorer townspeople.
Recipients of government assistance for jobseekers. A high value indicates a higher number of individuals in the suburb who are currently unemployed and receiving government assistance for jobseekers. This may suggest a weaker job market in the area, and serves as a reflection of the demand for labour. High numbers of Jobseeker recipients is fine in the short term; this reflects the cyclical economic conditions which rise and fall. However, if an area has a continually high number of Jobseeker recipients over-time, then this is more concerning, as it speaks to a potentially underskilled population whose talents do not match those demanded by the region. This can lead to entrenched disadvantage.
The median ratio of the value of land to value of the property on the land, indicating the median value of the property per square metre.
A score indicating the desirability of a suburb's lifestyle and the quality of life residents experience. High values indicate a desirable lifestyle with access to amenities, entertainment, and cultural activities, and a resultant high quality of life. A lower value indicates an overall worse quality of life, potentially due to fewer amenities and entertainment offerings. It is measured as a score out of 100.
The median monthly mortgage repayments as of the 10th of August for the 2021 Australian Census. This value is a reflection of both house price and how recently people purchased their dwelling. Whilst this is a useful indicator, it is more beneficial to observe mortgage stress rates in an area, as well as to assess whether mortgage payers have other sources of income.
The median total pre-tax income of a household based on the reported personal income of all members (aged 15 and over) as of the 10th of August for the 2021 Australian Census. Whilst this has historically been viewed as a core deterimnant of capital growth in an area, it actually tends not to have a strong correlation.
The proportion of residents who fall under the socioeconomic group consisting of white-collar professionals, with potenially a small pool of investments and relatively high income and socioeconomic status.
Areas where there is sporadic or no mobile phone reception. This poses a practical issue, particularly as landlines are phased out.
The number of months it would take to sell all properties currently on the market, at the current rate of property sales.
The proportion of households whose mortgage repayments are more than 30% of their household income.
