{"id":6946,"date":"2016-02-07T01:00:30","date_gmt":"2016-02-06T14:00:30","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=6946"},"modified":"2016-02-07T01:00:30","modified_gmt":"2016-02-06T14:00:30","slug":"everything-you-need-to-know-about-a-property-anywhere-in-australia","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/everything-you-need-to-know-about-a-property-anywhere-in-australia\/","title":{"rendered":"Everything you need to know about a property \u2013 anywhere in Australia &#8211; Luke Metcalf"},"content":{"rendered":"<p>&nbsp;<br \/>\nToday we tell you about a web site that will tell you everything you need to know about a property \u2013 anywhere in Australia. The site is called <a href=\"https:\/\/www.microburbs.com.au\/\" target=\"_blank\" rel=\"noopener noreferrer\">Microburbs<\/a> and is the brainchild of <strong>Luke Metcalf<\/strong> who built it to help him find a property. Now <b>you<\/b> can use it &#8211; and its FREE.<br \/>\n&nbsp;<\/p>\n<h4><strong>Transcript:<\/strong><\/h4>\n<p><b>Kevin:<\/b>\u00a0 So often we\u2019re asked the question about research, \u201cHow do I go about finding the best property in the best marketplace? Is there one site that does it all?\u201d Up until now there have been a number of sites you had to go through to get all the detailed information you need. I\u2019ve been contacted about a site called Microburbs. Now, I\u2019ll give you that detail again in just a moment, but the man behind the site is Luke Metcalf, and Luke joins me.<br \/>\nHi, Luke.<br \/>\n<b>Luke:<\/b>\u00a0 Hi, Kevin. How are you?<br \/>\n<b>Kevin:<\/b>\u00a0 Well thanks, mate. Congratulations on what you\u2019re doing here. Now, Microburbs: tell me how it came about and what can we expect to see?<br \/>\n<b>Luke:<\/b>\u00a0 Sure. This came about because my wife and I were looking for a property and we spent countless Saturdays going from property to property, often only to find that if we\u2019d just done more research online we would have been able to save on inspections and really get to know what\u2019s out there. There\u2019s enormous amount of government data that\u2019s out there, but it\u2019s in a lot of different places. There\u2019s business data, as well.<br \/>\nSo my vision was to create a site that puts all that data into a single place, into a single report. You put in any address in Australia and it gives you a free scorecard looking at all these different ways of looking at a property.<br \/>\n<b>Kevin:<\/b>\u00a0 Of course, we\u2019ve heard of sites like Walk Score and places like that. What you\u2019ve actually done is combine a lot<b> <\/b>to look at things like lifestyle, tranquility, the family score, investor data, what\u2019s happening in the community \u2013 in fact, the whole profile on the area that you\u2019re looking at. Where did you get all this information from, Luke?<br \/>\n<b>Luke:<\/b>\u00a0 On the Walk Score point, I would consider us Walk Score on steroids. Walk Score, they\u2019re all about walkable places \u2013 particularly good for the inner city, but for general Australians, we generally drive a lot of places. We don\u2019t mind if it\u2019s ten minutes\u2019 drive to the shops. I wanted to consider that along with family and other things.<br \/>\nTo answer your question about where we get the data from, the biggest source is the OBS with their census data. They provide very fine-grained data that we use on the site. Also, a lot of it comes from Google. When people submit their properties to Google Places, we use that data, as well, and various other sources, as well.<br \/>\n<b>Kevin:<\/b>\u00a0 It\u2019s even as detailed as looking at what the Internet is like in different places, as well, and what applications have gone through local government for development in the area. It\u2019s actually quite comprehensive. What\u2019s the cost for the site? What does it cost for me to get one of these reports?<br \/>\n<b>Luke:<\/b>\u00a0 It\u2019s absolutely free. We launched just three months ago, and our mission really is just to help out buyers. I\u2019m sure there will be a business model further down the track. Obviously, in real estate there\u2019s a lot of value there. For us, it\u2019s just really sold by its promise, get the message out, and the site is completely free of charge.<br \/>\n<b>Kevin:<\/b>\u00a0 Is there at any stage a thought that you might monetize this in some way?<br \/>\n<b>Luke:<\/b>\u00a0 There will be. There are a number of different models there. Obviously, there\u2019s the On The House model where they charge for advertising. I\u2019m not so keen on the Domain\/REA model of charging for listings, but that is another one. There\u2019s the subscription model, like Real Estate Investor. We\u2019re a funded start-up. We have money. We\u2019re not about to run out of it. It\u2019s just out there for free.<br \/>\n<b>Kevin:<\/b>\u00a0 I can see that real estate agents would love this, too, to be able to send out to their buyers. They\u2019ll do an open house and they\u2019ll send this information to the people who come through the open house. I can see them being all over this. Are you getting any reaction from the industry about it?<br \/>\n<b>Luke:<\/b>\u00a0 Yes, it\u2019s very positive actually. At first, I was wondering would some agents think of it as competitive, because our slogan is \u201cGet the facts that the property ad left out.\u201d But they\u2019re actually very warm to it. They themselves are the experts in their little areas and they already know about little farm areas and that, and now they have a site that they can show buyers and potential vendors, \u201cLook this is really what your neighbors are like statistically.\u201d<br \/>\n<b>Kevin:<\/b>\u00a0 I can see that agents will be all over this, as will buyers in particular, and I guess it\u2019s also handy for sellers, too, to get a feel for what their market is like. I\u2019ve been in and had a look at our place and learned a few things that I didn\u2019t know about our neighborhood too.<br \/>\nLuke, it\u2019s a great site. It\u2019s called Microburbs. I guess that\u2019s as in \u201csuburbs.\u201d It\u2019s just Microburbs.com.au. The man I\u2019ve been talking to is Luke Metcalf, the man behind it. Check it out for yourself, especially if you\u2019re looking at purchasing a property.<br \/>\nLuke, congratulations on what you\u2019re doing. I look forward to following it with you, and thanks for spending some time with us today.<br \/>\n<b>Luke:<\/b>\u00a0 Thank you very much, Kevin. It was a pleasure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Today we tell you about a web site that will tell you everything you need to know about a property \u2013 anywhere in Australia. The site is called Microburbs and is the brainchild of Luke Metcalf who built it to help him find a&#8230;<\/p>\n","protected":false},"author":176692471,"featured_media":6948,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,11,13,36,17,25],"tags":[101],"class_list":["post-6946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-investment-topic","category-property-investment","category-sponsored-channels","tag-podcast"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Everything you need to know about a property \u2013 anywhere in Australia - Luke Metcalf - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/everything-you-need-to-know-about-a-property-anywhere-in-australia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Everything you need to know about a property \u2013 anywhere in Australia - Luke Metcalf - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Today we tell you about a web site that will tell you everything you need to know about a property \u2013 anywhere in Australia. 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