Property Information Monitor
Property Information Monitor is a database of commercial sales and leasing transactions from right across Australia, including properties for sale and for lease. More than 250,000 commercial sales and leasing transactions have been collected in this system since 1988.
4 ways PIM helps your business
- Source comparables – the primary purpose of PIM and the primary way PIM can help your business. PIM contains over 500,000 commercial transactions dating back to the early 1990’s across Sales, For Sale listings, Leases and For Lease listings. PIM includes flexible search tools to locate comparables based on specific criteria such as date, location, price and property type.
- Power your reports – PIM transaction data is easily exportable into your reports and presentations. There are no limits on the volume of data that can be exported and all of the major data elements are included in the provided export templates.
- Identify market trends – the depth of historic transaction data in PIM enables you to see what is happening now, but also to look at trends in selling and leasing prices over a long time period across different markets and property types.
- Identify market players – PIM records buyer and vendor information against each sale transaction providing visibility on who is buying and who is selling.
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PIM gives you access to data including:
Sold transactions and For Sale listings
- Property Address
- Key Building Attributes
- Property Type
- Price and Date
- Income and Yield
- Buyer/Vendor details
Leased transactions and For Lease listings
- Property Address
- Property Type
- Rent Per Annum and Per SQM
- Lessee/Lessor details
Search tools & functionality:
- Flexible searching – search on any combination of PIM data for highly customised searches
- Easy exporting to Excel – easily get data out of PIM and into Excel for incorporation into reports and presentations.
- Weekly data updates ensure new transactions are fed to you in a timely manner.
- All states and territories across Australia
- Available at the individual state level or in one of two state-bundles – “East Coast” comprising QLD, NSW, VIC and ACT, and “National” comprising all states and territories.
Frequently Asked Questions
PIM is a desktop-based service (not available online). Access is sold by State – but there are also two bundles of States for more cost-effective access. These are “East Coast”, which comprises QLD, NSW, ACT and VIC data sets, and “National” which includes everything.
PIM data is sourced and collated from a wide variety of sources including government registers, commercial real estate agencies, listing portals, press reports/releases and print media advertisements.
PIM is updated on a weekly basis. Updates can include new transactions and also updates to previously delivered transactions. Data updates are delivered weekly via email (although there is an option for monthly delivery if preferred). The PIM application includes a simple update function to apply the updates.
PIM includes commercial transaction data dating back to the early 1990’s – over 500,000 sales, leasing and listing transactions across Australia. When you subscribe to PIM you receive all recorded transactions for the State or State-bundle selected. Having access to this data is great for searching historic transactions, researching trends in price and price per sqm across different markets over time. Valuers recognise the value of this rich historic data because commercial transactions are not as vanilla as residential and often require broader searches for comparables going further back in time.
PIM is not a database of property; it is a database of transactions. There are four transaction types covered by PIM – Sales, For Sale listings, Leased and For Lease listings – with by far the most heavy concentration of data being Sales. While we endeavour to source as many commercial transactions as possible there will be transactions not identified or reported as commercial and therefore not available through the PIM product.
Data about commercial properties across Australia and New Zealand is also included Cityscope, Lease Expiry Diary and within the RP Data Professional database as separate subscriptions.
“I have been using PIM for over 20 years – a most valuable tool for property assessment/valuation. In particular, the rental database is unique.”
Doug Bowen, McGees Property