Our rental income estimate tool, sourced by our partners at Proptrack, leverages market data to provide indicative rental income estimates for your property. While these estimates aim to be as accurate as possible, variations can occur due to unique property characteristics, limited similar rental listings nearby, or recent renovations not accounted for.
In areas with fewer rental listings or newly developed suburbs, comparable data may be scarce and impact the estimate outcome.
Valuation differences may arise from:
- Missing data points
- Unique property features limiting comparisons
- Scarcity of nearby rental listings
Sometimes property features need to be updated, particularly if you have made changes since it was last sold! For updates to incorrect property features to ensure the model is considering the most up-to-date information, find out how to request changes here. Any updated features will inform future property value calculations.
For a precise market appraisal when selling, we recommend consulting a local real estate agent. Find an agent in your area here.