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

The Block 2017: Josh and Elyse’s home sells for $1.63m

The Block 2017: Josh and Elyse’s home sells for $1.63m
November 20, 2017 Josh Rowe
block 2017 josh elyses coburg home sells

The Block 2017: Josh and Elyse’s Coburg home sells for $1.63m

The winners of The Block 2017, Josh and Elyse, have sold their renovated Coburg property for $1.63m. Our REALas prediction of $1,632,000 was just $2,000 off the final selling price of $1,632,000. That’s a 0.1% difference!

Market guidance of $1,350,000 – $1,450,000 was provided by the listing agents prior to auction.

We’re not always that accurate, but we are transparent about our prediction accuracy.

If you are interested in Coburg property prices, then you should also research real estate prices in the neighbouring suburbs of Pascoe Vale South, Brunswick, Coburg North, Preston, Brunswick West, Pascoe Vale, and Northcote.

Predicting property values is not an easy task. However, we think it’s important to shine the light on the top suburbs for list price vs sold price accuracy.

The most accurate suburbs are:

VICSuburbSold Price vs List Price
Source: REALas.com October 2017
1Mornington3.9%
2Dallas4.0%
3Viewbank4.6%
4Roxburgh Park6.0%
5Melbourne6.6%
6Sydenham6.6%
7Greenvale6.7%
8Yarraville7.1%
9Maribrynong7.6%
10Berwick7.7%
This survey is for Victorian auctions in October 2017. Only suburbs with 4 or more publicly available quotes and auction results were included. The “Sold Price vs List Price” is the average percentage difference between the sold price and the public agency quote.

 

NSWSuburbSold Price vs List Price
Source: REALas.com October 2017
1Surry Hills1.7%
2Cherrybrook2.6%
3Redfern3.5%
4Paddington4.2%
5Darlinghurst4.4%
6Earlwood5.0%
7Wentworth Point5.0%
8Coogee5.9%
9Hunters Hill6.1%
10Castle Hill6.3%
This survey is for New South Wales auctions in October 2017. Only suburbs with 4 or more publicly available quotes and auction results were included. The “Sold Price vs List Price” is the average percentage difference between the sold price and the public agency quote.

 

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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.


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The Block 2017: Josh and Elyse’s home sells for $1.63m
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