Frequently Asked Questions
1. What information can I expect to receive?
Immediately upon submitting your request, WhatPriceMyHouse will email the following information to you:
- A postcode and regional summary detailing current median house and unit prices in your suburb
- A suburb profile containing demographic data for your local area
A tailored and detailed report, prepared by WhatPriceMyHouse and a local real estate expert, will also be emailed to you and will include:
- Current and historical median house and unit prices in your suburb
- Long term price trends
- Auction clearance rates
- The average number of days a property is on the market
- A list of recent sales in your local area
- An estimated selling price range for your property (where you are the registered owner)
An update of your detailed property report will be emailed to you on a quarterly basis. This report contains the same information as in the original report, adjusted for property price movements during the preceding 3 month period.
2. How long will it take to prepare my detailed report?
You should receive your detailed property report within 48 hours of submitting your request.
3. Why is a local real estate expert required to prepare the report?
Our local real estate expert's have a detailed knowledge of property prices in your area. Their expertise will provide you with a guide to assessing property values in your suburb and to assist you in making your decisions about buying or selling property.
4. Where does whatpricemyhouse.com get the information it uses to create the reports?
WhatPriceMyHouse obtains information from expert real estate agents in your local area as well as from national data collection companies such as Australian Property Monitors and the Australian Bureau of Statistics.
5. Is this a valuation?
No, it is not a valuation. Valuations can only be performed by a registered valuer. The information provided to you is based on previous sales in your local area and acts as a guide to property prices within that area.
6. Is the service really free of charge?
Yes, the service provided is absolutely free of charge to consumers.
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