Property data and research market leaders CoreLogic RP Data today launched its consumer property information website, Property Value (www.propertyvalue.com.au). The all-you-can-eat data buffet will help home buyers, sellers and investors quickly achieve an active reading of a property’s performance as well as deliver updates on current market conditions prior to a purchase or sale.
Why Property Value?
Property Value (www.propertyvalue.com.au), which comprises of both free and subscription based elements, was created in response to an increasing demand from every day buyers and investors. "It’s our hope Property Value will help Australians make more informed and better property decisions and ultimately put them in a better financial position," CoreLogic RP Data head of solutions Greg Dickason says.
Property Value provides extensive data coverage and decision-making tools and it also works brilliantly on mobile. Every day buyers and sellers can estimate the sale value of a property and take a much deeper dive into data before deciding on which property to buy and where, by using the benchmarking option, analyse comparable properties for sale, for rent and recently sold. Users can even look back over 30 years to see what the property has previously sold for, how long it has generally taken to sell and whether it has been rented.
Investors are also provided with a unique estimated rent and yield for individual properties in addition to ‘Investor Scores’ that score a property and its surrounding suburb in relation to cash flow, capital growth and lower risk investment strategies.
And it’s not just all about individual property though. Each street and suburb has its own profile –offering further insight into the surrounding areas. If a couple of suburbs are being considered by a buyer, these can be compared side-by-side by using the Property Value ‘compare’ functionality. Users can also check out the make-up of the street they’re interested in, including how many units and houses there are and whether they’re likely to be rented or owner-occupied.
In a snapshot, Property Value is a great tool to:
- Understand what a property might be worth by comparing its estimated market value with comparable recent sales
- Perform due diligence on investment opportunities
- Locate capital growth information for states, cities, suburbs, streets and individual houses
- Easily find auction clearance rates
- Identify vendor discount rates, rental yields, and demographic information.
Accessing Property Value
Free Access provides: (Refer FOC offering in below table)
Premium Access: (Refer PAID offering in below table)
- 1 week, 1 month, 3 months, 6 months or 12 month options
- Access for as little as $49 for one week’s access, or all year round unlimited site access is just $399 with pricing options in between
About Property Value
Property Value is a new product from CoreLogic (formerly RP Data), the largest provider of property information, analytics and property-related risk management services in the world.
About CoreLogic RP Data
CoreLogic RP Data is a wholly owned subsidiary of CoreLogic (NYSE: CLGX),which is the largest property data and analytics company in the world. CoreLogic RP Data provides property information, analytics and services across Australia and New Zealand and is currently developing and growing partnerships throughout Asia. With Australia’s most comprehensive property databases, the company’s combined data offering is derived from public, contributory and proprietary sources and includes over 500 million decision points spanning over three decades of collection, providing detailed coverage of property and other encumbrances such as tenancy, location, hazard risk and related performance information. With over 11,000 customers and 120,000 end users, CoreLogic RP Data is the leading provider of property data, analytics and related services to consumers, investors, real estate, mortgage, finance, banking, insurance, developers, wealth management and government. CoreLogic RP Data delivers value to clients through unique data, analytics, workflow technology, advisory and geo spatial services. Clients rely on CoreLogic RP Data to help identify and manage growth opportunities, improve performance and mitigate risk. CoreLogic RP Data employs over 480 people at nine locations across Australia and in New Zealand. For more information call 1300 734 318 or visit www.corelogic.com.au.
For additional information contact – [email protected] or Mitchy Koper on 07 3114 9879.