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We work
closely with researchers at Monash University, RMIT University and the Australian Housing and
Urban research Institute to assist in understanding issues relating to
housing markets, rental markets and housing affordability. Geocode's involvement
relates to the cleaning and massaging of large property databases, and the
incorporation of these into its own GIS property market mapping software. It
is a three step process...
Step 1: Clean address information
- Use in-house software to clean
address information into a common form
- Geocode in a way that deals
with fuzzy geocodes
Step 2: Clean attribute information
- Use in-house software to
clean attribute information. Although there are numerous ways of
representing property features, this stage ensures that only one
description is used. For example, if one house has a "pool",
and another house has a "swimming pool", they both have a
"swimming pool".
Step 3: Mapping
of various themes for including...
- Price change
- Affordability change
- Activity
- Interactions between market
segments
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