What is the Stacked Up Index Score?

Stacked Up app gives each suburb an index number - or 'index score' - to show the ratio between estimated short term rental income and the median purchase price of a unit property. A higher index number indicates a higher estimated rental-income to median purchase price ratio, demonstrating how short-term renting in some suburbs may potentially provide a better opportunity to make the numbers stack up than in other suburbs.

Example: An apartment in suburb A which costs $500k and has an estimated rent of $100pn has an index score of 20, whereas an apartment in suburb B which costs $500k and has an estimated rent of $150pn has an index score of 30. A third apartment in suburb C, which costs $750k and has an estimated rent of $200pn, has an index score of 27.

We’re still working on the app - we want it to show how income from short term renting compare for places with different numbers of rooms, different proximities to transport, and different property features - to help first-home buyers, up-graders, and those who already own a home (and want to see if short term renting stacks up for them). What do you think the app should do? Take the survey here.

Click here to have a go at using the Stacked Up App yourself!

Read the Stacked Up App Disclaimer.