Methodology — How Our ACT Property Valuations Are Calculated | Instant Property Reports
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How Our ACT Property Valuations Are Calculated

Transparent methodology for every free Canberra property valuation we generate — what data we use, how we weight it, where the estimate is reliable, and where it isn't.

Data sources

Our valuations draw from five categories of data, all from authoritative or licensed providers. We do not generate or estimate any of this data ourselves — we aggregate, weight and present it.

SourceWhat we use it forUpdate frequency
ACT Government property recordsSold property prices, sale dates, sale methods, agency attribution, property attributesUpdated continuously as new transactions are recorded
ACT Revenue OfficeUnimproved land value (UV), annual rates, zoning informationAnnual UV revaluation cycle
Licensed real estate data providersProperty profiles, third-party automated valuation estimates, listing historyReal-time on each lookup
Google Maps / Places APIsAddress autocomplete, school locations and catchment data, geographic contextReal-time on each lookup
Public market commentarySuburb median price trends, days-on-market patterns, seasonal demand patternsRefreshed weekly

All data sources are either public records (ACT Government, ACT Revenue Office) or licensed under commercial agreements with established real estate and mapping data providers.

How the automated valuation model works

For each address you enter, our automated valuation model (AVM) runs the following sequence:

  1. Identify the property — resolve the address to a specific record using ACT Government data, including bedrooms, bathrooms, land size, property type, sale history and unimproved land value.
  2. Gather comparable sales — query all properties sold in the same suburb within the last 12 months, prioritising the same street, similar bedroom count, similar land size and similar property type.
  3. Weight comparables by similarity — recent sales weighted higher than older sales; same-street sales weighted higher than same-suburb sales; same-attribute properties (bed/bath/type/land) weighted higher than dissimilar ones.
  4. Apply suburb-level trend adjustment — older comparable sales adjusted for any median price movement that has happened in the suburb since the comparable sold.
  5. Compute the price range — output a low / median / high estimate with a confidence indicator. The range width reflects the consistency of comparable evidence; tight clusters of similar comparables produce narrow ranges, sparse or inconsistent evidence produces wider ranges.
  6. Present supporting context — the report shows the actual comparable sales used, the suburb median trend, days-on-market, ACT rates, unimproved land value and zoning so you can verify and adjust our estimate against your own knowledge of the property.

Accuracy bands

Across ACT properties with sufficient comparable evidence, our estimates typically fall within the following accuracy bands compared to actual sale prices:

Property typeTypical accuracy bandWhat drives it
Standard residential houses (3–4 bed, established suburbs)Within ±5–8% of sale pricePlenty of recent comparables, similar attributes
Apartments and townhouses in mature complexesWithin ±5–10%Internal complex sales provide strong comparables
Larger or unusual residential properties (5+ bed, large land)Within ±10–15%Fewer comparables; attribute differences harder to weight
New estates and recently subdivided landWithin ±10–20%Limited sale history; market still establishing
Heritage-listed, mixed-use or rural propertiesMaterial uncertainty — AVM not reliableComparable pool too thin; manual valuation required
When you should NOT rely on our estimate alone: bank lending applications, estate or family-law settlements, capital gains tax filings, or properties with unusual attributes (heritage, rural, mixed-use). For any of these, commission a formal valuation from a licensed valuer registered with the Australian Property Institute (API).

What we deliberately do not include

Editorial standards

Privacy and data handling

We do not require an account, email address or phone number to generate property reports. We do not store or share information about which addresses individual visitors look up. Aggregated, anonymised analytics are used to improve the service. Full details in our Privacy Policy.

Operating entity

This service is operated by Tender My Listing Pty Ltd (ACN 697 239 866, ABN 17 697 239 866), registered office 81–83 Campbell Street, Surry Hills NSW 2010. The business is governed by Australian law and Australian Privacy Principles. Reach the team at support@instantpropertyreports.com.au.