Property Credit has launched a pivotal report designed to guide individuals and families in Australia’s capital cities who are eyeing the next step up in property—up-sizing to a more spacious home. Utilising a robust two-tier methodology, the report sifts through initial selection criteria and leverages a proprietary ‘Suburb Score’ to offer a definitive roadmap for up-sizing within your city’s boundaries.
Giordano Stepancic, CEO of Property Credit, said, “This report is a game-changer for families ready to up-size. We’re cutting through the noise to give you clear, actionable advice on which suburbs offer the best opportunities for a bigger, better home.”
The report meticulously screens suburbs through an array of initial filters, targeting areas that offer four-bedroom houses, promising socio-economic profiles, and relative affordability. Suburbs that meet these criteria are then ranked by the comprehensive Suburb Score, synthesised from seven key variables like inventory levels and affordability.
Mr. Stepancic elaborated, “We’ve included the Suburb Score to be an all-encompassing metric. It’s not just about bigger homes; it’s about finding communities where families can flourish, both socially and financially.”
Amidst a volatile property market, this timely report emerges as a trusted resource for potential up-sizers puzzled by rapidly changing property values and inventory levels. The report aims to lift the fog of uncertainty, offering a data-backed guide for those ready to make an informed up-sizing decision.
Giordano Stepancic summed up, “Our core mission at Property Credit is to make property transactions seamless. This report embodies that mission by providing Australians with the insights they need to confidently take the next step in their home-owning journey.”
The full report is available on Property Credit’s platform and is poised to be an indispensable asset for those planning to transition to larger homes within their current city.
