Operated by CoreLogic RP Data, Property Value is an on-line platform that will provide users with a comprehensive overview of specific properties and suburbs.
“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 said.
In terms of specific properties, buyers will be able to form a detailed estimate of the of a properties worth by analysing comparable sales and look back up to 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.
The system will also provide users with estimated rents and yields for individual properties as well as assign them an Investment Score, which ranks a property and its surrounding suburb in relation to cash flow, capital growth and lower risk investment strategies
Suburbs and their individual streets will also be profiled, with users able to find out the composition of the area they’re interested in, including how many units and houses there are and whether they’re likely to be rented or owner-occupied.
Other information such as auction clearance rates, vendor discounts, vacancy, demographic statistics and capital growth outlooks will also be available.
Property Value is available via subscription, with one week through to 12 month commitments available.
To mark the launch of Property Value, Your Investment Property Magazine has teamed up with Property Value to offer a 10% discount on premium subscriptions, simply head over to propertyvalue.com.au and enter the code YIP10 during checkout to take advantage of the offer.
