What determines your Property's value?
The value of a property in Australia depends on these key factors. Understanding each one helps you price confidently and justify your asking price to buyers.
- Location, suburb and proximity to infrastructure
- Land size and zoning (residential, mixed use, R3/R4)
- Property type: house, unit, townhouse, acreage
- Development potential: granny flat, subdivision, secondary dwelling
- Condition and recent renovation work
- Rental return for investment buyers
Factors that push your Property's price higher
- Location is the dominant factor — the same house in different suburbs can vary by $500,000+
- Development potential (granny flat, DA approval) can add 10–20% to value for the right buyer
- Renovation quality: professionally renovated kitchens and bathrooms command premiums
- Land size relative to minimum lot size for subdivision is a key investor consideration
- Rental yield relative to suburb median drives investor buyer decisions
How GOT ONE? shows you real buyer demand
RedBook and online price guides give you theoretical ranges based on historical sales data. GOT ONE? shows you something more valuable: what real, verified buyers are actively willing to pay right now for a property matching your specification.
How to read the market accurately
Browse active buyer requests on GOT ONE? filtered to your category. You'll see the budgets buyers have stated, the specifications they require and how many buyers are actively searching. This is live, current demand data — not historical averages.