Property value estimates are a key point of interest for consumers researching property information, and where possible, property.com.au will display the value estimate for every property.
Value estimates are calculated by property data company, PropTrack by looking at multiple properties and local market data points, which together can provide insight into the approximate value of a property. The data that informs the estimate range includes property and local market data, including:
- Property type
- Property attributes
- Recent sales
- Local price trends
- Land size
Value estimates are based on the available market data and are indicative only.
A property may not show a value estimate if there is insufficient data to support the publication of a valuation.