The Residex Comparative Market Analysis Report is an innovative property valuation tool that can estimate the value of a specific property by using the most up to date comparable sales market data.

It is the only property report of its kind that can actually provide a single market-value estimate rather than an indicative valuation range.

The market-value estimate is derived from the results of various tests. To ensure a high level of accuracy, Residex considers different factors concerning the property and not just the capital growth since the last sale.   

The 6 main elements or tests consist of: 

		Comparable Local Recent Sales
		The Median Value of the Suburb
		The Area m2 of the Property
		The Last Sale Price
		The Capital Growth Since Last Sale
		The Current Condition of the Property

The Residex Price Estimate can be fine-tuned by changing the street rating function. This function compares the subject property against other properties within the street and rates the difference in condition out of 10.

Residex has a high level of accuracy with its Residex Price Estimate. In fact, the Residex Price Estimate will in more than 90% of instances be within 10% of the final selling price if correct data has been provided.

If you were to purchase the same Individual CMA Report directly from Residex you will be charged $75. Similar less superior reports on the market range from $45 to $65 and only give you an indicative valuation range not a single market-value estimate.

All home buyers and property investors who are looking at purchasing a property and use our services to obtain a mortgage pre-approval will be entitled to a FREE^ Residex Comparative Market Analysis Report – Valued at $75.00!

Residex provides information on all aspects of the real estate market, not just relating to price, but also rental yield, growth in prices, analysis of market movements, mortgage design, financial transaction structuring, raising and placing of funding facilities, loan risk profiles, statistical consulting, price estimation and research.

The company is consultant and adviser to state and federal governments on housing related issues including the development of financial instruments to provide funding for housing needs.

Residex Pty Limited is dedicated to providing quality information on the real estate market to government, financial institutions, valuers, real estate agents, accountants, solicitors and individuals.

The company collects data from various Government Departments and Real Estate Agencies. The data is compiled into a unique database and today Residex would have information on almost every house in Australia.

The age of the data varies, for example Residex holds data in Victoria as far back as 1865 and constructs indices from that date to today. In New South Wales, Residex holds data as far back as 1901 and Residex generates indices from that date.
In other states the data extends typically back to the 1980's.

The unique Residex database cannot be matched by any public or private organisation in terms of accessible historical data and completeness.


^ Terms & Conditions Apply. Offer expires 30/06/2010 and is subject to change without notice. Please contact 1300 275 949 for details.