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Australia’s property valuation sites put to the test

8 July 2016 |  by  |  Property Advice

Things have changed in the real estate market.

A lot!

A few years ago, if you wanted to answer the question “What the value of my property?” you had to get a professional to value your property.

They:

  • visited your home
  • compared it to recent sales in the area
  • manually derived an estimate

Today?

It’s a different story.

The rise of DIY property valuation websites has made it easier than ever to find out how much your house is worth.

Real estate agent appraisals are increasingly challenged by vendors armed with price estimates and comparable sales data sourced online.

But are the online, do-it-yourself property estimates consistent? And do their valuations accurately reflect sale prices?

We agree you can never be armed with too much knowledge when it comes to finding out the true value of your home.

It is important for you to locate all the information you need and we promise to guide you through the various websites available.

Are you ready to put the top online property valuation websites to the test?

So here they are:

  • Domain
  • On The House (OTH)
  • realAs
  • CoreLogic
  • realestate.com.au (REA)

Note:

CoreLogic provides the same price estimate on its website, propertyvalue.com.au, as on partner REA’s website. For this reason, we have bundled the two together as CoreLogic/REA.

Looking for a good real estate agent? Request our free real estate agent report and also receive a FREE RP Data property valuation worth $50. Get your free report and property valuation today

Which website provides you with the most accurate property valuation?

For starters:

We calculated estimates for 214 recently sold properties using all five property valuation websites.

Then:

We compared those estimates to actual sale prices.

Each property was sold between 6 and 12 November 2015.

As a reference:

All sale prices were displayed on realestate.com.au and properties were sourced from each Australian state and territory, mostly from capital cities.

In a nutshell:

They broadly reflected Australia’s population footprint.

Australia's population footprint

The results

This may surprise you!
Each property estimate website was reasonably accurate at assessing the portfolio of properties. Average variances between the estimate and the recent sale price ranged from 6% to 15%.

While realAs was the most accurate on average, we observed some discrepancies at an individual property level across all websites.

But, does it matter?

Unless you’re a big property investor, the average is all you really care about.

Here’s how the websites ranked, from most accurate to least accurate:

  1. realAs
  2. CoreLogic/REA
  3. Domain
  4. On The House

Missing data

We found that 13% to 25% of the 214 properties searched returned no data at all. They either had no estimate or no sale price.

Significant variations

What did we find?

53 results across all websites had variances greater than 30% of the sale price.
Domain and OTH were the worst offenders. They each had 19 properties with variances greater than 30% of the sale price.

Estimate accuracy to sold price

variations between property valuation websites

Sample information

variances between property sale prices and estimates
*See limitations section below

Given the number and size of some of the outliers, we re-ran the findings to see if the order of website accuracy changed when outliers greater than 50% of the sale price were excluded.

Get this!

We got rid of 27 properties in total.

Here’s another interesting thing:

We found that while the average variances dropped, the accuracy ranking remained similar.

The adjusted average variances for each site are as follows:

  1. realAs – 5%
  2. Domain – 6%
  3. CoreLogic/REA – 7%
  4. On The House – 7%

What do these findings mean for property owners?

For the majority of property owners, these websites give a broad indication of how much their home is worth today.

But remember this:

These are relatively new tools.

As they fine-tune their algorithms and expand their data sources, they will become more accurate.

realAs

realAs is one step ahead of its competitors.

What sets it apart?

It sources price information from buyers, rather than relying on property features and recent market data like its competitors.

And even better:

This appears to lead to more accurate estimates and with fewer outliers. realAs recorded the closest average price forecasts, with smaller maximum variances across the properties evaluated.

OTH

OTH appears to be the most comprehensive of the price estimate tools, returning estimates for 87% of all properties searched.

And one more thing:

While it had a median average variance of 4%, it also had big discrepancies as well: +466% and -89%.

Domain

Newcomer Domain, backed by its APM and PriceFinder smarts, had the lowest median variance, but also returned the most amount of outliers.

CoreLogic

Lastly:

Much to our surprise, CoreLogic didn’t reign supreme.

It is widely considered to have the largest data set, and its property price indices are industry leading.

This may be due to:

  • the particular sample analysed
  • how frequently it updates its estimates to reflect recent sales

For a breakdown of the estimates for each property, scroll to the end of the article.

Keep in mind:

These estimates were collected mid-November 2015, and may have changed since.

An overview of the fact to assist you

If you want to know what your home is worth, these websites aren’t a bad place to start. Visit a few and see what they come up with.

As realAs provides estimates for properties currently on the market, it may be of limited use to homeowners seeking an estimate before selling.

While a cursory check can’t hurt, we suggest you do not rely on them.

In all honesty:

If you’re seriously thinking about selling, we advise you to do your own research.

You should:

  • Find out how much comparable properties are selling for in your area
  • Be realistic about how they compare to your property
  • Adopt the mindset of a potential buyer and not an adoring homeowner.

You might also want to seek the opinion of a licensed valuer, or request an appraisal from a couple of quality local agents.

Understand the limitations for more accurate valuations

  1. As we compared price estimates to recent sales, you would expect the variances to be low, as they have current market data to benchmark their estimates.Therefore:This analysis assumes the best case scenario. We suspect that if we repeated the process with properties that hadn’t sold in the last three years or more, then the variances would be significantly greater.Interesting, right?In reality:

    We adopted our approach due to the availability of the sale price data and also to include realAs in the analysis, which focuses on providing estimates for properties recently and currently on the market.

  2. The speed at which a website updates its price estimates would impact the variances observed.By the way:We calculated the estimate shortly after the property was sold.
  3. At 214 properties the sample size is considerable.But:Given there are millions of properties in Australia, it is relatively small and the conclusions drawn should not be relied upon.
  4. If the property was for sale or sold, Domain and OTH noted this (54 and 27 times respectively) and no estimate was provided. This explains their lower number of properties with estimates.However:CoreLogic’s property value website provided an estimate, even if the property was for sale or recently sold.Realestate.com.au/property website (not shown in the analysis but listed below) only provides an estimate if the property isn’t for sale.

Summary of Australia’s property valuation websites

Here’s a brief overview of the websites we’ve discussed in this article, plus a few extras.

Did you know?

Some, such as Domain, REA, and OTH provide an estimate without asking for personal information.

Here is something else to keep in mind:

Others request contact information or payment in exchange for a more accurate estimate.

Domain’s Home Price Guide

Domain’s Home Price Guide launched recently and parent company Fairfax have promoted the website extensively.

Home Price Guide provides an estimated value for the searched property.

What’s included:

  • A price estimate range and level of confidence in estimate provided
  • Estimate of rent per week and calculation of rental yield
  • Recent sales and rental history, including sold price, date and days on market
  • Similar properties for sale and for rent in the area
  • List of schools
CoreLogic’s Property Value

Property Value is CoreLogic’s (formerly RP Data) publicly available property price estimation tool. It also has subscription price estimate tools, which we did not analyse. The publicly available estimate looks like:

Property Value is CoreLogic’s (formerly RP Data)

What’s included:

  • Price range and level of confidence
  • Users urged to upgrade ($49 for one week access) to view exact estimated value and other insights such as estimated rent, pros and cons of property and investment strategy scores
  • Comparable properties for sale, recently sold and for rent – must upgrade to see more
  • Market trends, auction results and demographic information also provided.
REA Group’s property price estimation tool

Realestate.com has two price estimation tools.

They are:

The estimate is a range provided on properties currently not for sales and is sourced from CoreLogic.

What’s included:

  • Price range and level of confidence
  • Comparable properties for sale, recently sold and for rent
  • Market trends, nearby schools and demographic information.
On The House (OTH)

OTH was one of the first websites to provide free, online property price estimates. It uses data sourced from government and real estate agents.

The calculated estimate looks like this:

What’s included:

  • Estimated property value, along with range and level of accuracy
  • Property features
  • Lists similar properties sold and for sale
  • Ability to be emailed free monthly property updates
RealAs

RealAs helps buyers assess how much to pay for properties currently for sale. It claims that 90 percent of its property valuations are within 10 percent of the final sale price.

How does it work?

After you enter in an address it will:

  • Provide the agent’s quote, or if unavailable you will be requested to enter it
  • Ask you to register to receive the realAs prediction – see below

After you register, you can see realAs’ prediction.

What’s included:

  • Agent quote
  • Price estimate once signed in
  • Buyer-focused property portal, which leverages information from other users

Value Our House


Value Our House is a private company that sources information online to provide house price estimates.

How do you use it?

After entering an address on the homepage you need to provide property information and full contact details to see the house value estimate:

What’s included:

  • Need to submit contact details to access estimated property value
  • Includes market information like annual growth, median price, median rent and rental yield
  • Offers free consultation and selling plans by request
  • Provides property market data by suburb.

Other property valuation tools and methods

Realestate.com.au’s property valuation and report tool 

Realestate.com.au has another property valuation tool located at property.value.realestate.com.au. It gives homeowners a free property report and arranges a price estimate from a local agent.

Be advised:

It does not provide an instant price estimate.

What’s included:

  • Need to submit contact details to access report
  • Doesn’t provide an immediate estimated value
  • Shows list of similar properties recently sold
  • Arranges for a local agent to provide valuation estimate.
Homeguru

Homeguru is also owned by realestate.com.au. It operates in a similar fashion to property.value.realestate.com.au.

After entering in an address, the user is prompted with a series of screens asking for more information about the property (beds, baths, condition, etc.) and their contact details.

What does it do?

The user receives an email explaining that a real estate agent has been provided with their details and will be in touch to provide an estimate. The email links to a page that includes comparable sales sourced from realestate.com.au and RP Data (now CoreLogic).

What’s included:

  • An introduction to a local agent
  • Comparable sales
  • Local area data like demographics, average income and interest rate history

Licensed valuers

Homeowners can appoint a licensed valuer to appraise their property after a physical inspection. They base their property valuations on a detailed assessment of the property and recent market sales.

And don’t forget:

They are legally responsible for the information they provide.

Real estate agents

Here’s something interesting:

Real estate agents also provide price estimates after they have inspected the property and evaluated recent sales in the area.

Compare and contrast the 214 properties analysed for a better understanding

Remember:

These percentage variances were calculated from estimates provided by the respective website during mid-November 2015. They may have changed since, as new market data comes to hand.

Property

Sale price

Domain

On The House

realAs

CoreLogic/REA

145 Bay Street Rockdale NSW 2216

1,025,000

-14%

5%

16%

-4%

20 Cannan Close Cherrybrook NSW 2126

1,910,000

-1%

3%

178 North Rocks Road North Rocks NSW 2151

1,012,000

1%

10%

-3%

1 Trefusis Avenue Mudgee NSW 2850

382,000

-17%

0%

6%

3%

3/234 Buffalo Road Ryde NSW 2112

930,000

63%

2%

3%

-16%

60 Links Drive Raymond Terrace NSW 2324

290,000

-16%

3%

8%

15 Jillaroo Way Muswellbrook NSW 2333

630,000

-19%

-4%

5/21 Endeavour Parade Tweed Heads NSW 2485

311,000

-3%

2%

5%

0%

5 Caley Close Tamworth NSW 2340

245,000

17%

5%

-3%

7 Orchard Place Ingleburn NSW 2565

720,000

0%

-8%

-14%

143 Mansfield Street Rozelle NSW 2039

1,340,000

-7%

-8%

2/4-6 Campbell Parade Dee Why NSW 2099

517,500

5%

8%

20 Gearon Avenue Rowville Vic 3178

650,000

2%

-5%

6 Shipp Street Bendigo Vic 3550

360,000

-24%

-6%

-13%

25 Holmes Road Paradise Beach Vic 3851

49,500

466%

16 Raapita Road Toorloo Arm Vic 3909

545,000

-34%

16 Firefly Road Golden Beach Vic 3851

45,000

419%

37 Cromarty Circuit Darley Vic 3340

340,050

-11%

-39%

1%

-30%

7 Waratah Drive Dandenong North Vic 3175

500,000

-14%

-12%

-1%

Lot 2 9 Second Avenue Rowville Vic 3178

340,000

68%

10 Mount View Road Macedon Vic 3440

745,000

8%

1/38 Narong Road Caulfield North Vic 3161

1,200,000

-33%

-20%

-18%

-18%

12 Hindmarsh Street Rowville Vic 3178

625,000

-13%

7%

-1%

25 Hogan Court Kyneton Vic 3444

530,000

6%

13%

1/53 Shearer Drive Rowville Vic 3178

540,000

1%

-8%

41 Papillon Parade Tarneit Vic 3029

510,000

-13%

10%

-23%

2/30 Ashley Street West Footscray Vic 3012

325,000

2%

LOT 113 Bells Street Woody Point Qld 4019

629,000

4/20 Anchorage Circuit Twin Waters Qld 4564

540,000

-8%

-5%

-8%

12 Bayview Terrace Deception Bay Qld 4508

455,000

-34%

15 Hill Avenue Burleigh Heads Qld 4220

1,115,000

-3%

-7%

11%

42 Strombus Avenue Trinity Beach Qld 4879

500,000

-1%

4%

-1%

L6/455 Brunswick Street Fortitude Valley…

260,000

70 Albert Street Margate Qld 4019

340,000

-2%

6%

2%

-8%

3 Clarendon Circuit Forest Lake Qld 4078

328,000

1%

1%

-5%

254 Robert Road Bentley Park Qld 4869

390,000

4%

5%

1%

6 Rosslyn Close Clinton Qld 4680

260,000

28%

20%

20%

47 Auburn Street Caloundra West Qld 4551

435,000

2%

-5%

41 Sunridge Circuit Bahrs Scrub Qld 4207

590,000

-34%

5%

38 Cardiff Gate Iluka WA 6028

767,500

-5%

2%

0%

2%

586 Mount Shadforth Road Denmark WA 6333

925,000

3 Boxall Place Churchlands WA 6018

1,380,000

-1%

17%

12%

12C Elward Way Balga WA 6061

395,000

8%

-89%

1%

0%

13 Pelican Parade Ballajura WA 6066

580,000

-6%

-10%

8%

7%

449A Crawford Road Dianella WA 6059

695,000

-3%

-3%

12%

4 Lawrence Street Kadina SA 5554

182,000

Lot 443 Lawton Cres Woodville West SA 5011

480,000

Lot 80 Borehamwood Road Mount Torrens SA 5244

525,000

6 King Street Norwood SA 5067

695,000

5%

2 Seppings Court Flagstaff Hill SA 5159

505,000

-7%

-1%

1%

-2%

1 Chilcomb Drive Huntfield Heights SA 5163

244,500

11%

9%

-3%

28%

3 Parallel Avenue Salisbury North SA 5108

169,000

6%

11%

4%

2/16 Craddock Street Broadview SA 5083

335,000

-5%

7%

-7%

7 Spinnaker Court Wallaroo SA 5556

520,000

23%

4 Amy Road Newstead Tas 7250

233,000

30%

-4%

2%

8 Avondale Grove Mount Nelson Tas 7007

428,000

16%

0%

-8%

130 Watkinson Street Devonport Tas 7310

200,001

10%

-4%

19%

1/49 Richings Drive Youngtown Tas 7249

300,000

-9%

11%

-21%

Unit 1/Lot 19 Relbia Road Relbia Tas 7258

280,000

3%

8 Woniora Road (North) Shorewell Park Tas 7320

175,000

56%

6 Alfred Street Pioneer Tas 7264

148,000

18%

49 Station Road Lilydale Tas 7268

172,500

26%

3%

1%

7 Blackstone dr Old Beach Tas 7017

380,000

-4%

-1%

4%

5 Waine Place Nicholls ACT 2913

700,000

-5%

-3%

-5%

11%

3 Southam Place Holt ACT 2615

535,000

7%

-20%

-26%

6 Tong Place Kambah ACT 2902

625,000

-4%

-14%

-4%

-1%

3 & 3A Toms Crescent Ainslie ACT 2602

1,370,000

-54%

4 Reader Court Banks ACT 2906

415,000

-7%

111/74 Northbourne Avenue Braddon ACT 2612

423,000

0%

1%

3%

17%

12 Langlands Close Calwell ACT 2905

350,000

10%

5%

13%

19 Thomson Street Chifley ACT 2606

815,000

-15%

-9%

-7%

-4%

27 Andamooka Street Fisher ACT 2611

850,000

-6%

-8%

24/3 Waddell Place Curtin ACT 2605

250,000

17%

1507/240 Bunda Street City ACT 2601

755,000

-28%

-41%

-1%

9 Kinnimo Place Isabella Plains ACT 2905

637,000

-19%

-7%

-9%

-3%

20 Petherick Street Franklin ACT 2913

392,500

-3%

-1%

26%

36 Battersby Circuit Kambah ACT 2902

517,400

0%

-5%

-4%

-4%

3/2 Sexton Street Cook ACT 2614

512,500

-3%

-2%

4%

-3%

22 Mcdonald Street Chifley ACT 2606

675,000

-11%

2%

-1%

-8%

12 Callabonna Street Kaleen ACT 2617

700,000

-5%

0%

-1%

-11%

6 Ashburton Way Gunn NT 0832

538,000

6%

2%

6%

15%

Unit 3/6 Kirkpatrick Street Katherine NT 0850

217,000

5 Callanan Court Katherine NT 0850

460,000

0%

8%

6 Coburg Drive Leanyer NT 0812

665,000

0%

-10%

4%

-7%

20 O’Brien Court Driver NT 0830

530,000

-8%

-7%

26 Pett Street Alawa NT 0810

561,000

2%

6%

1%

11%

65 Maluka Road Katherine NT 0850

297,000

30%

37%

33%

3 Copperfield Crescent Anula NT 0812

480,000

25%

13%

14%

3%

95 William Road Berry Springs NT 0838

700,000

-24%

2%

11%

18 Milady Street Wagait Beach NT 0822

350,000

-18%

-9%

13%

165 McMinns Drive McMinns Lagoon NT 0822

563,000

93%

-1%

10%

18 Wandie Cres Anula NT 0812

453,000

17%

26%

9%

6/17 Undoolya Street Tiwi NT 0810

405,000

3%

16%

-2%

5 Bradhurst Court Bayview NT 0820

1,750,000

-30%

5%

12%

15 Bellevue Avenue Lismore Heights NSW 2480

299,000

1%

3%

4%

5%

18 Greygums Road Cranebrook NSW 2749

510,000

1%

3%

-3%

15 Alisa Close Lake Haven NSW 2263

608,000

-6%

-23%

0%

2%

63 Goodhope Street Paddington NSW 2021

2,170,000

-23%

-16%

-73%

-10%

3/14 Memorial Drive The Hill NSW 2300

725,000

-25%

5%

1%

8%

36 Josephine Boulevard Harrington NSW 2427

405,000

15%

4%

5%

10 Woodlands Avenue Lugarno NSW 2210

1,055,000

7%

19%

12%

17%

36/143-149 Corrimal Street Wollongong NSW 2500

620,000

7%

6%

0%

0%

206/10 Vineyard Way Breakfast Point NSW 2137

1,025,000

0%

-13%

1%

-4%

31 Leith Road Montrose Vic 3765

820,000

-37%

-8%

-12%

-40%

32 Isabella Boulevard Korumburra Vic 3950

405,000

-29%

3%

4%

-41%

13 Diana Drive Werribee Vic 3030

395,000

13%

0%

12%

0%

47 Watson Street Wallan Vic 3756

340,000

-2%

7%

-2%

-8%

3 Latrobe Street Cranbourne Vic 3977

316,000

5%

1%

-2%

-1%

255 Hogan Street Tatura Vic 3616

340,000

-4%

2%

-8%

45 Gipps Crescent Cranbourne North Vic 3977

342,500

2%

0%

-7%

-9%

3/7 Hancock Street Altona Vic 3018

395,000

7%

6%

-21%

135 Edwards Road Kennington Vic 3550

580,000

-15%

-4%

7%

74 GREENSLOPES DRIVE Mooroolbark Vic 3138

431,000

15%

5%

154 Port Jackson Boulevard Clear Island…

1,290,000

-4%

-3%

-4%

16 Canowie Road Jindalee Qld 4074

575,000

1%

2%

8%

4/52 Sarawak Avenue Palm Beach Qld 4221

317,500

-31%

-2%

-2%

747 Sandy Creek Rd Sandy Creek Qld 4515

280,000

9%

11 Bau Court Stanthorpe Qld 4380

345,000

-12%

-3%

1/73 Gorden Street Garbutt Qld 4814

160,000

64%

27%

25%

9%

1-11 Haigslea-Cemetery Road Haigslea Qld 4306

330,000

1%

9/85 BIRCH STREET Manunda Qld 4870

85,000

4%

12%

3 Fronds/33 Nautilus Street Port Douglas…

465,000

1/469-474 Roghan Rd Fitzgibbon Qld 4018

299,000

24%

-1%

7 Portrush Court Tewantin Qld 4565

520,000

-18%

-14%

-2%

-5%

3/33 Harle Street Weston NSW 2326

255,000

-20%

2%

-7%

20 Hillside Crescent Epping NSW 2121

1,730,000

12%

45%

10%

13%

54 Kirby Street Rydalmere NSW 2116

1,215,000

-16%

-10%

-15%

2%

24 Edward Lane Mittagong NSW 2575

890,000

-47%

-19%

-3%

8/188-198 Gertrude Street North Gosford NSW…

455,500

-7%

-11%

-9%

9%

6 Renshaw Avenue Auburn NSW 2144

1,630,000

-46%

-6%

-5%

-5%

29 Princess Street Berry NSW 2535

900,000

-19%

-1%

11%

9%

Lot 1-9 44 River Avenue Echuca Vic 3564

246,000

91%

120%

152%

1/9 James Street Heidelberg Heights Vic 3081

510,000

-3%

-8%

6%

22%

69 Valonia Drive Eltham Vic 3095

820,000

-18%

-5%

4/355 Glenferrie Road Malvern Vic 3144

598,000

-13%

-12%

9%

4%

29 Lancelot Crescent Lancefield Vic 3435

322,000

-57%

-2%

13%

-3%

29A Richards Street Coburg Vic 3058

426,499

179%

0%

131%

1 Selby Street Dallas Vic 3047

350,000

1%

-2%

-11%

17/109 Heidelberg Road Clifton Hill Vic 3068

323,500

-2%

14%

5%

-3%

28 Secrets Way Mount Martha Vic 3934

755,000

-19%

2%

-48%

22 Janson Close Narre Warren South Vic 3805

435,000

-7%

-13%

-7%

14%

7 Shearers Court Pakenham Vic 3810

520,000

-22%

-8%

-9%

Lot 65 Pepper Crescent Drouin Vic 3818

110,000

-7%

5 Buchanan Street Beenleigh Qld 4207

275,000

5%

5%

14%

17 Lambros Drive Benowa Qld 4217

670,000

-6%

-5%

-10%

-7%

268/420 Queen Street Brisbane City Qld 4000

499,000

-3%

-2%

-1%

31 Grevillea Drive Varsity Lakes Qld 4227

540,000

-23%

0%

-27%

13 Ellenborough Avenue Ormeau Hills Qld 4208

437,000

13%

5%

-1%

-10%

7 Grand View Drive Ocean View Qld 4521

748,000

0%

-17%

38/83 Lindsay Road Buderim Qld 4556

370,000

-10%

-4%

-3%

7%

3 Linum street Kingston Qld 4114

278,500

-2%

3%

-4%

Lot 1680 Beagle Street Fitzgibbon Qld 4018

349,900

34%

-32%

6/230 Torquay Terrace Torquay Qld 4655

215,000

0%

-8%

-2%

Lot 1682 Beagle Street Fitzgibbon Qld 4018

349,900

34%

Lot 287 Pipeline Avenue Peregian Beach Qld…

455,800

6 Henry Lawson Drive Magnetic Island Qld 4819

1,310,000

-14%

152/16 Leeuwin Boulevard West Busselton WA…

245,000

23%

-4%

61%

26 Dugald Way Bulgarra WA 6714

440,000

-3%

-4%

10%

12%

28 Eyre Street Waikiki WA 6169

419,000

-8%

-7%

2%

-6%

3 Babylon Bend Landsdale WA 6065

580,000

16%

21%

7%

68 Edeline Street Spearwood WA 6163

592,000

-4%

-8%

-1%

5%

15 Sanderling Street Stirling WA 6021

760,000

16%

16%

14%

3%

32 RICHARDS ROAD Port Broughton SA 5522

270,000

-5%

16%

3 Aloisi Court Woodcroft SA 5162

304,000

15%

11%

9%

10 Lublin Crescent Hackham West SA 5163

235,000

0%

-2%

-7%

1%

128A Tapleys Hill Road Glenelg North SA 5045

398,000

33%

0%

-1%

15 Osterley Terrace Seacliff Park SA 5049

461,000

1%

-2%

-1%

34%

99 Wattle Street Fullarton SA 5063

800,000

0%

34%

5%

-3%

8 Curnow Street Davoren Park SA 5113

109,000

61%

32%

5%

61%

15 Pillinger Drive Fern Tree Tas 7054

532,400

-7%

-21%

-6%

-7%

4D Parnella Drive Stieglitz Tas 7216

113,500

193%

76 Las Vegas Drive Prospect Vale Tas 7250

320,000

4%

-9%

-8%

-2%

41 Lachlan Parade Trevallyn Tas 7250

220,000

106%

3 Correa Place Gagebrook Tas 7030

127,000

4%

-8%

-7%

2%

10 Riverdowns Drive Margate Tas 7054

330,000

17%

1%

2%

-5%

2/1 Zenith Court Howrah Tas 7018

350,000

1%

2%

-11%

15 Chester Street Rosebery Tas 7470

80,000

72%

-18%

1/149 Inglis Street Wynyard Tas 7325

240,000

18%

8%

7 Washington Drive Stony Rise Tas 7310

395,000

-2%

-3%

0%

35 Warwick Street Hobart Tas 7000

418,000

-3%

-4%

-7%

-6%

5 McBeath Place Kambah ACT 2902

495,000

-1%

-2%

0%

11 Ibis Street Nicholls ACT 2913

537,000

-2%

6%

-8%

47 Badenoch Crescent Evatt ACT 2617

529,000

-5%

2%

-25%

101 Atherton Street Downer ACT 2602

777,000

-3%

3%

0%

1/26 Longmore Crescent Wanniassa ACT 2903

375,000

11%

-6%

5%

46 Kavel Street Torrens ACT 2607

790,000

-5%

2%

-22%

3 Brady Place Garran ACT 2605

865,000

-3%

5%

14%

28 Dunbar Street Fraser ACT 2615

565,000

2%

-2%

10%

25 Deloraine Street Lyons ACT 2606

803,000

-2%

6%

-3%

3 Winton Place Holder ACT 2611

607,000

-14%

-16%

-18%

40 Halfrey Circuit Wanniassa ACT 2903

680,000

3%

1%

-27%

4 Ogilby Crescent Page ACT 2614

551,000

-1%

-9%

-10%

4/14-16 Yerona Street Prestons NSW 2170

532,500

-8%

4%

-7%

1 Ravenswood Rise Bella Vista NSW 2153

1,790,000

3%

18%

12%

-13%

32/46-50 John St Lidcombe NSW 2141

648,800

7%

1%

4%

20%

24 Moola Road Buff Point NSW 2262

382,500

6%

-1%

6%

2/79 Queenscliff Road Queenscliff NSW 2096

893,500

9%

10%

3%

-13%

7/7 Curzon Street Ryde NSW 2112

455,000

-7%

14%

-1%

9%

Lot 33 1 Chamberlain Rd Lisarow NSW 2250

325,000

27 Edgar Street Frederickton NSW 2440

319,000

-5%

0%

-2%

Lot 67 Pepper Crescent Drouin Vic 3818

115,000

-11%

8 Achillea Close Corio Vic 3214

343,000

2%

-1%

1%

-9%

48 Giles Street Mirboo North Vic 3871

115,000

177%

33 Peacock Street Mirboo North Vic 3871

80,000

36 MILFORD STREET Redbank Plains Qld 4301

316,000

-4%

-18%

-1%

-1%

58 Queens Road Hermit Park Qld 4812

199,000

104%

87%

-4%

98%

5/4 Buderim Avenue Alexandra Headland Qld 4572

244,000

-16%

-2%

-3%

22 Wayfarer Road Heathridge WA 6027

486,500

-4%

-5%

-10%

2%

33 Sharon Drive Carine WA 6020

430,000

62%

21%

4%

15%

26 Coffs Bend Secret Harbour WA 6173

400,000

6%

0%

2%

-1%

27 Tolladine Vista The Vines WA 6069

830,000

-3%

8%

-6%

114 Ogden Street Collie WA 6225

170,000

22%

3%

8%

3%

9E/66 Great Eastern Highway Rivervale WA 6103

189,000

30%

8%

-7%

5 Oneida Road Secret Harbour WA 6173

405,000

15%

-1%

5%

-2%

Average variance to sold price

10%

15%

6%

9%

Median variance to sold price

2%

4%

3%

4%

Average bias of estimate

2%

6%

2%

1%

No estimate available

16%

13%

20%

25%

Count with estimate

126

159

172

160

Max

179%

466%

131%

152%

Min

-57%

-89%

-73%

-48%

Missing (#)

34

28

42

54

Insiders Guide To Selling Property



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Thomas Roberts
Founder of Which Real Estate Agent.
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