The Estimated Value is not a professional valuation; rather it is automatically calculated using an algorithm to provide a general guideline for property related conversations.
An Estimated Value should not be relied upon in lieu of professional advice and we encourage homeowners, buyers, investors to exercise their own skill and judgment when considering investment decisions, seek professional advice where appropriate and conduct other research.
Professional Valuations are performed by certified or registered practising Valuers who are able to inspect the property and local area, and perform a valuation in accordance with the required professional standards. Conversely, an Estimated Value relies on public data and an algorithm to determine approximate market value.