About PropertyCheck
PropertyCheck exists because Australian property data is either locked behind expensive subscriptions or served up as a black-box number you're asked to trust. We publish the estimate and the evidence — free, on every property.
How our estimates work
- Comparable selection. We gather recent sales of similar dwellings in the same suburb — matched on dwelling type, bedrooms, bathrooms, parking and land or floor size, weighted by similarity and recency.
- Time indexing. Each sale price is brought forward to the current month using the suburb's dwelling-type price index, so a sale from last spring is compared in today's dollars.
- Attribute adjustment. A hedonic model adjusts for differences — an extra bedroom, a smaller block, a renovated era — using coefficients estimated from the whole market.
- Blending & anchoring. The comparable evidence is blended with a hedonic baseline, and when the property itself sold recently, that sale anchors the estimate strongly — real transactions beat models.
- Honest uncertainty. The published range is the model's deviation across the evidence. Confidence is High only with dense, tight comparable evidence; unusual homes are labelled low confidence on purpose.
What an estimate is not
An automated estimate is not a professional valuation and is never a substitute for one where money or law is involved — lending decisions, family settlements, taxation. For those, engage a licensed valuer. Before selling, get an in-person appraisal from a local agent — we'll match you free.
Data sources
This demonstration build runs on a clearly-labelled synthetic dataset. The production architecture is designed for: G-NAF (Australia's open geocoded address file), state land-registry sales records (licensed per state), and ABS Census demographics — with every figure traceable to its source.