RP Data and USI launch Greenfield Corridor report

New property market analysis will now be available for urban land developers, with a new report released by RP Data and Urban Supply Intelligence (USI).

The customisable Greenfield Corridor Report will offer national data on yields, popular block sizes, threshold pricing, sale volumes and other market and property attributes for property developers. Information on which greenfield corridors (previously undeveloped areas) sell the most homes by bed, bath or car, are the fastest and slowest to sell or have the highest or lowest vendor discounts can also be included in the report.

Tim Lawless, RP Data's head of research, says the data is important for those planning short and long term projects.

“We are able to produce a report for any growth corridor or sub market across Australia, updated quarterly, which offers great appeal for developers and builders who are active in numerous geographical locations,” said Lawless.

The report has a strong focus on the established housing market, which report author and USI director Peter Bell says will provide information for new property developments, a market segment that is difficult to track. Bell says that most development executives now have the ability to apply data to their own venutres.

“Post GFC, developers have become more cost conscious but still need to access information and data. Innovative products like the Greenfield Report that incorporate cutting edge and timely visual elements are becoming more popular because they are affordable, whilst also offering quick and concise findings,” said Bell.