NEWSSUPPLIER NEWSVictoria

view.com.au launches new Property Price Estimates tool

The Property Price Estimates tool will be launched ahead of peak season, providing detailed property insights for buyers, sellers and renters.

In preparation for the upcoming spring selling season, view.com.au (formally known as realestateview.com.au) have launched a new data-driven portal that will empower buyers, sellers, and renters by giving them access to detailed property insights.

The new portal features an insights tool called Property 360, which includes over 10 million properties that allows people to track the value of their home, calculate property price estimates, see historical sales/rent data and search neighboring properties.

Apart from the tool being free to use across Australia, the Property 360 tool has a feature that allows users to
customise a price estimate based on recent changes they’ve made to their property, or changes they are hoping to make, making it a completely tailored experience and a market-first.

A key driver behind the change and a passionate advocate for transparency in the property market is CEO of view.com.au, Enzo Raimondo.

“Our research shows that consumers are looking for more data-driven information to help them make more informed decisions, and with spring being the peak buying and selling season in Australia we wanted to launch this new information-led portal in advance to support those looking to place their property on the market and/or to purchase a property,” he says.

“View.com.au provides intelligence and accurate property price estimates, giving people more control over how they browse, as well as greater access to insights and a better view of the whole picture.”

The new property portal home will provide the Australian market with a view of the neighbourhood and not just the home.

In the lead up to the peak season for property, Enzo shares four  tips on emerging trends and what buyers, sellers and renters can expect this spring:

  • With national real estate listings increasing three percent in June and house prices trending slightly lower (the June QTR the lowest since Dec 2015), the pendulum of power has swung back to buyers
  • With national real estate listings increasing three percent in June and house prices trending slightly lower (the June QTR the lowest since Dec 2015), the pendulum of power has swung back to buyers
  • High unit supply will likely put downward pressure on inner city unit prices, particularly in Melbourne and Brisbane
  • While there has been a slight dip in clearance rates over the past few weeks, this is a common occurrence in the cooler months and we’re expecting clearance rate to increase again with the onset of Spring
  • The democratisation of data has put the power back into the hands of the consumer, allowing them to be more educated and more informed, thus making the property decision easier for the individuals and agents.

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