All Topics / Help Needed! / Best Property Analysis Software?

Viewing 13 posts - 1 through 13 (of 13 total)
  • Profile photo of beaubeau
    Participant
    @beau
    Join Date: 2011
    Post Count: 6
    September 9, 2011 - 5:26 am

    Hi all I am just getting into property investing having been mainly involved in shares before this. I am looking to buy my first IP after 2 years of reading up on property investment books and such. I have read other posts but cant seem to find much mentioned about software so far.  I just wondered if someone could suggest the very best property software. So far I have found two main stream ones – PIA and POSH. My maths is not great and my computer skills are fair at best but I would love to hear from someone who uses software what they feel the very best one is to simplify the analysis of potential property purchases?

    Cheers, Beau.

    Profile photo of Jamie MooreJamie Moore
    Participant
    @jamie-m
    Join Date: 2010
    Post Count: 5,069
    September 9, 2011 - 9:32 am

    Hi Beau

    Here's a spreadsheet that will help you assess the numbers on a potential deal. I'm sure it's not as flash as some of the expensive programs but at least it's free – http://www.passgo.com.au/pass-go-investment-property-analysis-tool

    Cheers

    Jamie

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

    Profile photo of corkerancorkeran
    Participant
    @corkeran
    Join Date: 2007
    Post Count: 9
    September 10, 2011 - 1:50 am

    Hi Beau,

    Here is a free online version that is far more powerful than PIA or POSH

    https://sites.google.com/a/ahcinvestments.com/investormate/

    Good luck

    Cheers
    Andrew

    Profile photo of carolyn01carolyn01
    Participant
    @carolyn01
    Join Date: 2011
    Post Count: 1
    September 10, 2011 - 12:33 pm

    Hi Beau,

    take a look at this  http://www.realestateinvestar.com.au/ME2/Default.asp
    OMG!! I am very excited about it!

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544
    September 11, 2011 - 12:45 am

    I use PIA.

    Find it pretty helpful.

    Profile photo of christianbchristianb
    Participant
    @christianb
    Join Date: 2009
    Post Count: 386
    September 13, 2011 - 6:45 am

    It may seem a little primative, but the best looking deals I see are explained quickly and clearly with pen and paper.

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    September 13, 2011 - 7:47 am

    Without being too specific, what do you want the software to do?

    Mortgage calculations, simple gross/nett returns or the heavier dcf/irr & cashflow analysis?

    Profile photo of beaubeau
    Participant
    @beau
    Join Date: 2011
    Post Count: 6
    September 23, 2011 - 4:02 am
    christianb wrote:
    It may seem a little primitive, but the best looking deals I see are explained quickly and clearly with pen and paper.

    I cans see how that would be right once you have done it a few times. I was more after software that will show me all the potential costs when analyzing a deal so I know I have truly done my home work and so I don't get any surprises at tax time a year later. They certainly don't make it easy in our country.
    Thanx already though everyone. Ill check out these links till I find the best software for me.

    Profile photo of superAndrewsuperAndrew
    Participant
    @superandrew
    Join Date: 2014
    Post Count: 188
    July 15, 2014 - 3:29 pm

    I recently put this together. It does not only do the calculations but also estimates the figures for you: rent, costs, vacancy, etc

    http://property-analyser.com.au/

    Andrew

    superAndrew | Property Analyser and Finder Tool
    https://property-analyser.com.au

    Profile photo of Brett MBrett M
    Participant
    @brettmesser1
    Join Date: 2016
    Post Count: 14
    June 28, 2017 - 7:08 am

    Take a look at Propertie.com.au, has fields for your specific property calculations like an excel spreadsheet, dashboards for equity, cashflow, mortgage and taxes, plus pulls in API market data and comparable sales, mortgage rates etc

    • This reply was modified 6 years, 10 months ago by Profile photo of Brett M Brett M.
    Profile photo of Sitbon09Sitbon09
    Participant
    @sitbon09
    Join Date: 2009
    Post Count: 5
    June 28, 2017 - 6:01 pm

    Hi Jamie

    I also tried your link but it isn’t working for me. I get
    An error has occurred.
    The requested page can’t be found.
    thanks

    Sitbon

    Profile photo of BennyBenny
    Moderator
    @benny
    Join Date: 2002
    Post Count: 1,416
    June 29, 2017 - 8:00 am

    Hi all,

    Like you all, I tried the link that Jamie provided. It failed. But then, I deleted the latter part of the URL to leave just the website name – that worked, so I looked down the home page, saw the “Investors” button, and clicked that.

    On the Investors page, right down bottom is a list of resources – and one of them was the “Property Analysis tool” – clicked THAT, and up it came.

    And guess what? It was the IDENTICAL link to the one Jamie had posted (????) but this time it worked. Go figure !!

    Benny

    Profile photo of PropertyGuru31PropertyGuru31
    Participant
    @propertyguru31
    Join Date: 2018
    Post Count: 8
    June 4, 2020 - 1:22 pm

    Hi all,

    I have used Property Director, which is excellent which someone posted on the forum here a while ago.   They allow you to add your property and forecast it, and also give you access to property market activity data (Days on market, vendor discount rates), and median house prices covering all Aussie suburbs going back decades.

    You can search ANY property address in Australia and it gives you detailed info about it like zoning info and price sale history.  I’ve used for researching specific properties before making offers.  You can go to http://propertydirector.com.au to check them out and they give you a free trial.

    Regards

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