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REALas predictions contained in the ANZ Property Profile Reports are based on a range of data sources which are subject to their availability at the time of publication. REALas provides predictions for the potential sale price.
Property price predictions are estimates, not valuations. Predictions available for listed properties only (exceptions apply) and may change daily. Actual sale prices may differ. Accuracy assessed on final pre-sale predictions and national market comparison of free price predictor estimates or range midpoints for listed properties (excluding agents’ price guides). Sales data as at July 2019.Back to top
Property price predictions are estimates, not valuations. Predictions are available for listed properties only (exceptions apply), are for personal domestic use and may change daily. Actual sale prices may be different. Accuracy is assessed on final predictions prior to sale, national market comparison of free price predictors for listed properties and sales data as at July 2019. If ANZ is unable to provide a property price prediction, a property price range may be provided (which is not accuracy assessed in the same way as a property price prediction).Back to top
To test the accuracy of its price prediction for a property, REALas compared its final price prediction for that property before it was sold with the actual sale price for that property. A property was only tested if it was in Australia, recorded as sold from September 2018 to August 2019, had a reported sale price which was between $75,000 and $6 million, and had a price prediction provided by REALas.Back to top