The Property Profile Report provides a price range estimate sourced from PropTrack Pty Ltd on listed and unlisted properties.

The property price range estimate in the Property Profile Report is:

• NOT a guarantee of what the final property sale price will be, but rather an estimate. On this basis you should consider carefully the price you are planning to pay and or bid for a property.
• NOT a valuation which may be required to assess how much a bank is willing to lend you. The valuation amount for a property can be different to the estimated or predicted price.

The PropTrack estimate is based on many variables as mentioned in the Property Profile Report, which includes available public sales history and features such as property location, including proximity to services (e.g. train lines); property attributes, including bedrooms, bathrooms, parking, land size etc.; and property features, such as balcony, pool and timber floor.

PropTrack price range estimates in the Property Profile Report use fluid models, which means estimates are updated or removed when relevant.

For example, a PropTrack price range estimate might change over the course of a 6 week campaign, as market data changes (e.g. local sales history).