All Topics / General Property / Knowing your demographic market.

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  • Profile photo of marq001marq001
    Member
    @marq001
    Join Date: 2009
    Post Count: 13
    October 19, 2012 - 1:30 am

    Hi Everyone,

    I have been absent from this site for sometime, but am now back.

    My question is if I was interested in doing a dual occ or building in the backyard, what is the best way to find who the most likely demographic group would be if I was to build a small 2 bedroom unit. Also how do you cater for them apart from just knowing that they would prefer a 2 bedda?

    JohnM

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    October 19, 2012 - 7:36 am

    Don't over analyse. Just check out how many DA's have been lodged in your council area for Granny Flats to see if your development will fall flat,

    Profile photo of CatalystCatalyst
    Participant
    @catalyst
    Join Date: 2008
    Post Count: 1,404
    October 19, 2012 - 9:58 pm

    I usually ask Real Estate Agents about rental preferences when I renovate. For example carpet, tiles, floorboards, bath, shower, furnished, unfurnished.  Also look at what's for rent in your area.

Viewing 3 posts - 1 through 3 (of 3 total)

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