Grab a free property report from ANZ.
Find about the suburb data as well.
Update-
You would require a email to download the report. unless like ING one..
thanks @Domicron for pointing it out.
If you think, you will be spammed, you can use some fake mobile number. Still the report works.
BOQ one no longer works I think
Used it last week and had no issues.
BOQ is now via the web (as opposed to the app), requires a mobile # with code, and the report is hosted not attached.
Its freeeeee..
Except you have to hand over personal details.
There is always a catch if something is being offered by a bank for free.
It's just an email, you don't need your real phone number or name
@CheckoutChap: I used temp-mail, but 30 mins later the report still hasn't arrived. Anyone got it to work?
@MeesusEff: I bank with anz they still called me after i put fake name and phone number, but an email linked somewhere previously
Use a disposable email if you use apple.
it is always free and if you watch their ads, they always mention this. But is it called bargain?
That's why it is in the freebie section.
No.
If it is free you are the product.
More like #OzReminder.
why is it good to get the report before the value goes down? so you can print it out and frame it?
Guess sarcasm went missing from OPs arguments.
Good idea. It’ll remind me that even if properties drop more than what they’ve risen over the last 18-24 months, I’ve got a place to call home and pay less than I did rent for a similar property.
Probably because it will be 40% higher atm, later on government will own 40% of your house 🤦
Dunno, maybe so you know what to offer someone for their house?
Insufficient detail no value available 😂
Seems like a good estimate which aligns pretty closely with a in person valuation done late last year.
In a growing market, the reports will undervalue, and overvalue in a declining market.
Accurate when the market is flat.
TBH, I find RE to be more accurate for "current", despite market condition.
Anyone tried putting anz's privacy officer's detail into all personal information fields?
Sydney Melbourne going down. Brisbane Adelaide and Perth on the way up.
How do we know its going down? All the agents telling me its blooooming….
Yeah - ING's one downloads the report immediately. This one requires an email. And the report from ANZ never made it to a throwaway email.
Report finally arrived in throwaway email.
Interestingly, the report is from PropTrack Pty Ltd vs Corelogic from ING.
Both estimates through were within $5k for my house.
Both estimates through were within $5k for my house.
How do you know? Did you sell your house today?
Well you see…they were within $5k of each other. Now I love being pedantic as the next (profanity) on the internet, but you're just being silly now.
I got a few reports some years back and found they always ended up WAY undervalued and were superficial at best. I imagine it would be even more wild in the current environment.
Might as well throw a dart at a board blindfolded, might get a more useful result…
They never are accurate. If you make an offer based on this then kiss it goodbye as it would never be accepted. Way undervalued
Well that much is obvious, but we were going in, offer 10-15% more and still get knocked back. Hell half the time don’t even get a reply. Our offers were also well over price listing guides so again I want to just say REA dirty practices can get f’d.
I ask them to put in a written offer and want exact reply on my offer from the vendor. Leave a review on all their ads on social media when they don’t reply.
@Pricebeat: I’m out of market now for years fortunately but yes I absolutely agree. It seems to be the only way to get any result!
You're kind of right and wrong
I have seen a few within the last month go atleast 10% below valuation and some over. But it gives you a better idea than the straight up lie that REA put.
Yep REA - biggest bunch of scumbags with their badly fitted suits, leased amgs and Monday morning mimosas.
When I was looking, I found they were consistently undervalued for similar properties so in a way that was useful. Reports were usually around 15-20% under.
I got a few reports some years back and found they always ended up WAY undervalued
The experts are talking about fair value (and for their own protection) but you know buyers are sold on potential put up a unit in the back or knock it down and build 3 on the block. Without telling them it is like $400k - $700k commitment of capital. Then after being gouged by long line of architects, councils, tradies, bank and ATO you'd be luck to walk away with an average wage.
I just did the ING report, it came out as $1.48m with a range of $1.33m to $1.625m. I had an in person valuation that came out to $1.54m done in Nov 2021. So that's reasonably close.
That IS actually pretty good!
Despite the latest photos being from 2007. And we've renovated extensively since so it could just be a fluke.
@sween64: The flower delivery truck that’s been sitting outside yours that’s labelled
Flowers
By
Irene
Isn’t a flower truck! Haha
@Jimothy Wongingtons: Google Maps have updated their Street View but not their satellite. Renos were complete by Sep 2019. I think it's near maps that usually have the latest satellite imagery.
Also, <nod> to The Simpsons reference.
@uzz30: @sween64 @uzz30
You have no idea how happy I am there are still fans of Simpsons golden age content!
@uzz30: Thanks, I had forgotten the context. I assume it's Bart working for the Italian Mafia, right?
@sween64: Right. Season 3 episode 4: Bart the Murderer. When the Simpsons really had a great team and storylines.
ANZ came out as $1.315m with a range of $1.11m to $1.53m. So a little lower and a wider range.
lol with a range like that who knows what it would sell for. At least a million, maybe 2 million
Always free.. nothing new here
Thanks OP, got 10 (for no reason).
Sell them for profit
shame it only works on past sales.
since the sale, we had a few additions like a pool, so be keen to see now
I found the same issue, major renovation including new bedroom not added to the report.
I also had a very useless one that had all the details of the house knocked down 20 years ago, obviously leading to a ridiculously under valued price.
Worse yet a Real Estate agent from Harcourts base their valuation on that same report, looking very confused when they couldn't find my house that matched their 20 year old picture "oh wow you've made this house look great inside and I don't even recognise the front, great renovation".
major renovation including new bedroom not added to the report
You talking about beds in sheds aka granny flats without planning permission. Or alfresco areas that suddenly become another bedroom?
I seen large bedrooms cut in half to become two single bedrooms which they try to flog off as a 4BR vs 3BR of the same floor size in cookie cutter homes. Or studies that suddenly turn into another bedroom and landings on top of stairs that become studies. I'm surprise there is no illegal attic bedrooms.
Bedroom added including planning approval from Council, delivered by a licensed builder.
Worse yet a Real Estate agent from Harcourts
There is your problem
The price comes from Realas
Just punch in the address there if it's on the market.- https://realas.com/
yes, but it must have been sold recently or available for sale.. ANZ will request pricing if realas does not have it. this is what I see as the benefit going via ANZ
Am I going to get call and spruiked on ANZ home loan packages?
Not if you change the last digit of your number
Don't do that….
Use one from the official fake number list.
https://www.gizmodo.com.au/2021/02/fake-phone-numbers-austra…
nah.. no need to use fake one.. just punch whatever you want
Use the ING link above, auto download. No one spam me on 0411 111 111.
Isn't this just lead gen for ANZ and they intend to spam me later?
They'll spam the email address and phone number you give them. What's Clive Palmer's contact details again?
They will prob refer the lead to ANZs institutional team.
my experience: if you are searching genuinely, they will send email offering any help. I don't see any organized spamming..
Report on how much ANZ (liar) loaned vs real value
Looks like the same database as
https://www.onthehouse.com.au/
No identification required to make queries with On The House.
There is an option to "Improve this estimate" which lets you update things like number of bedrooms / bathrooms etc if they've got that wrong.
I'm comparing the data against the ING site
I used them last year when buying an investment property, they were so undervalued that I got told off by the sales agent :P when putting an offer. Stopped using them them after. ing - propertyvalue is a lot better and highly realistic. ANZ valued a property 229k, ing - @329k bought it for 340k(still undervalued) 8 months ago and now its above 500k.
Having said that, this report is still really good to find rental /sales data in the suburb which sometimes isn't available in propertyvalue / corelogic report.
Above 500k according to who?
According to the bank.
Shame a bank won't be the person buying your house.
Never received the report after 15 minutes (using throwaway email address).
is there a limit to how many properties you can view?
I tried and got the property reports for all my neighbours (along with their original phone numbers ☺️) and it still worked
Purchased my property last July for 770k and just did both to compare as i will be selling soon. ANZ 760-880k / ING 817-940k / Realestate agents 890k-990k.
760k sounds about right
wishful thinking bro if you think you can make 100k in a year
ill be sure to post the listing here when it does ;)
As someone who’s watched the market, I’m going all in on him getting that 100k in a year
That’s for sure!
ended up being a little more than 100k, was only on the market for 24hours. https://www.domain.com.au/property-profile/32-ravensthorpe-s…
I was using this when I was in the market recently. The estimate value is not worth the paper it's written on.
I used them extensively when I was looking.
Price indication aside, there’s so much info in them that is quite useful such as similar properties sold or are being sold. this is the same type of report agents use to price the properties as well.
these reports are useless
I requested ANZ reports to two different legit Gmail addresses, both at least 2-3 hours ago. So far nothing has come through, anyone received theirs?
check your spam
As always with my luck, they both hit the Inbox about 3 mins after I wrote the comment above.
Yep, ICT at its best… complain on a forum and your problem will be fixed next.
Thanks OP
Not really sure if these reports are any accurate given the current climate.
is this called bargain ?