REALas Australia’s most accurate property price predictions
REALas Australia’s most accurate property price predictions

20 heartbreakers

20 heartbreakers
December 4, 2014 Josh Rowe

Secret sauce

How does the realAs algorithm work? … is the most frequently asked question we get from home buyers, sellers and real estate agents that want to know the secret behind the realAs algorithm.

How is it possible that realAs can predict what homes will sell for within 5% on average?

We want to share the realAs algorithm story through through the power of a short film.  We need your help to make it happen.

Heartbreakers

Whether you miss out on purchasing your dream home by a little or a lot, it hurts.

Here are 20 heartbreakers from last weekend, all around Australia, private sales, auctions, the lot.

16 Broadford St – Bexley NSW
SOLD: $860,000
#realAsPredicts: $805,000 = 7% off
Agent: $700,000 = 23% off

8/340 Marsden RdCarlingford NSW
SOLD: $777,778
#realAsPredicts: $754,000 = 3% off
Agent: $650,000 = 20% off

7 Lisa CresCastle Hill NSW
SOLD: $1,400,000
#realAsPredicts $1,323,000 = 6% off
Agent: $1,150,000 = 22% off

183 Ray RdEpping NSW
SOLD: $1270000
#realAsPredicts: $1,141,000 = 11% off
Agent: $975,000 = 30% off

1/491 Bunnerong RdMatraville NSW
SOLD: $590,000
#realAsPredicts: $594,000 = 1% off
Agent: $500,000 = 19% off

6/30 Gellibrand StClayfield QLD
SOLD: $365,000
#realAsPredicts: $348,000 = 5% off
Agent: $300,000 = 22% off

3175 Riverleigh Dr – Hope Island QLD
SOLD: $900,000
#realAsPredicts: $885,000 = 2% off
Agent: $999,000 = 10% off

46 Machan StMachans Beach QLD
SOLD: $340,000
#realAsPredicts: $344,000 = 1% off
Agent: $300,000 = 13% off

30 Philip AveEncounter Bay SA
SOLD: $240,000
#realAsPredicts: $240,000 = SPOT ON !
Agent: $255,000 = 6% off

63 Victoria StForestville SA
SOLD: $695,000
#realAsPredicts: $593,000 = 17% off
Agent: $560,000 = 24% off

11 Bardia CtRoches Beach TAS
SOLD: $690,000
#realAsPredicts: $693,000 = SPOT ON !
Agent: $730,000 – $790,000 = 5% – 13% off

1/27 Topham StRose Bay TAS
SOLD: $300,000
#realAsPredicts: $299,000 = SPOT ON !
Agent: $285,000 – $315,000 = 5% off (both ways)

14 Dalgetty RdBeaumaris VIC
SOLD: $1,420,000
#realAsPredicts: $1,416,000 = SPOT ON !
Agent: $1,190,000 – $1,290,000 = 19% – 10% off

29 Schafter DrDoncaster East VIC
SOLD: $1,177,000
#realAsPredicts: $1,092,000 = 8% off
Agent: $880,000 – $980,000 = 34% – 20% off

24 Santa Rosa BlvdDoncaster East VIC
SOLD: $1,155,000
#realAsPredicts: $1,103,000 = 5% off
Agent: $900,000 – $990,000 = 28% – 17% off

15 Station AveGlen Iris VIC
SOLD: $1,271,000
#realAsPredicts: $1,222,000 = 4% off
Agent: $1,000,000 – $1,100,000 = 27% – 16% off

6 Prince StMaribyrnong VIC
SOLD: $687,500
#realAsPredicts: $687,000 = SPOT ON !
Agent: $590,000 – $640,000 = 17% – 7% off

46 Steele StMoonee Ponds VIC
SOLD: $1,054,000
#realAsPredicts: $1,039,000 = 1% off
Agent: $850,000 – $930,000 = 24% – 13% off

37 Newton StSurrey Hills VIC
SOLD: $1,051,000
#realAsPredicts: $1,028,000 = 2% off
Agent: $840,000 – $920,000 = 25% – 14% off

63 Allambi WaySouth Yunderup WA
SOLD: $570,000
#realAsPredicts: $568,000 = SPOT ON !
Agent: $599,000 = 5% off

 

In case you missed it, the Top 10 under quoters in VIC and NSW experienced a click frenzy last week.

Stress. You don’t need it.

Homework helps lower the stress. When you know more than other buyers, when you have the funds and the strategy, that will add confidence.

When you know how much a home is really worth and you’re relaxed about letting other people over-pay if that’s what it comes to (because you know there are other homes out there that aren’t over-priced) then you can relax.

realAs can help you do that.

Knowing you won’t be snowed. That can be a big relief.

realAs accurately predicts what home sale prices.

Each Saturday morning we take the “hot auctions” selected by The Age and Sydney Morning Herald and tweet the realAs predictions.  Here’s how we did last weekend.

There are now over 280,000 homes on realAs.com and the realAs iPhone app.

We help home buyers reduce the stress of buying a home.

realAs.com predicts prices accurately and is an essential research tool for property buyers.

Share your real estate stories on FacebookTwitter or reply to this post.

 

Happy house hunting.
Josh Rowe, CEO realAs.com
PS Please share this post with your house hunting friends and work mates.  Every dollar, second and heart palpitation you save them will be returned in good will.

realAs round up
Weekly news from the property industry together with unique realAs data insights.  By buyers, for buyers.

 

 

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    The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of REALas.