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

Heartwarming Property Valuation Best 10

Heartwarming Property Valuation Best 10
October 8, 2016 Josh Rowe
heartwarming property valuation

Heartwarming Property Valuation Best 10

The heartwarming property valuation gives the home buyer confidence to invest their time, money and emotion in the potential purchase of a home by auction.

Despite the common view that real estate agents are not to be trusted, there are many agents which provide accurate property valuations.

However, it is still imperative that home buyers research property values and real estate prices.

Honest real estate agents which provide both home buyers and their client – the home seller – with clear expectations of the likely selling price deliver a superior service.

Here are the best 10 suburbs for real estate agents which accurately quote home prices.

Also check out the worst 10 suburbs for property valuations.

Heartwarming Property Valuation Best 10

VIC Accurate real estate agents Sold Price vs Agent Quote Sold Price vs realAs.com
1 Abbotsford 7.5% 7.7%
2 Footscray 7.6% 11.5%
3 Elsternwick 10.9% 4.5%
4 Toorak 12.0% 5.1%
5 Sydenham 12.9% 5.5%
6 Carlton 12.9% 5.9%
7 Elwood 13.0% 4.4%
8 Maidstone 13.4% 4.0%
9 Kensington 13.7% 6.4%
10 Port Melbourne 15.3% 7.1%
Source: realAs.com September 2016

 

NSW Accurate real estate agents Sold Price vs Agent Quote Sold Price vs realAs.com
1 Baulkham Hills 6.0% 8.6%
2 Blacktown 7.1% 4.6%
3 Glebe 7.5% 4.9%
4 Castle Hill 8.0% 7.7%
5 Fairlight 8.2% 5.0%
6 Newtown 8.8% 5.9%
7 Darlinghurst 8.9% 3.8%
8 Seaforth 9.2% 4.1%
9 Botany 9.5% 6.0%
10 Mosman 9.8% 5.9%
Source: realAs.com September 2016

 

With respect to the survey:

  • it is for auctions in September 2016
  • from Victoria and New South Wales
  • only suburbs with 4 or more publicly available quotes and auction results were included
  • the “Sold Price vs Agent Quote” is the average percentage difference between the sold price and the public agency quote
  • the “Sold Price vs realAs.com” is the average percentage difference between the sold price and the realAs.com prediction

 

  • property values

    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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Heartwarming Property Valuation Best 10
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2 Comments

  1. Steve 3 years ago

    Great article

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