About Residz
Launched publicly in Australia in April 2021, Residz brings a property’s personality to life, focusing on “lifestyle” data attributes such as community health, crime statistics, traffic speeds, school feeder zones and results, individual property risk data such as floods and bushfires, and much more. What Residz provides for the user is an ability to easily access information about any address in Australia thereby providing insights matching lifestyle and social preferences, not merely economically based attributes. Residz offers users the ability to question "how do I want to live" rather than "where do I need to live".
Recent capability now includes the first release of an Investability Index. The index is modelled on historical transactional and social area analysis. It forecasts relative future housing demand across every suburb in a state by analysing variables historically associated with a level of propensity to pay for housing in various mortgage repayment and rent payment brackets. Key variables of the model for each suburb include:
• House Prices
• Incomes
• Industry Presence
• Population Distribution
• Occupations Matrix
Future releases will incorporate local, state, and Federal government planning information.