In the past, in Australia, it has been expensive and difficult to find out how much people have paid for their home because real estate agents have tightly held onto this data.
A new website has been launched called ‘on the house‘ that provides this data to anyone, for free. That’s right, free. At the moment data from QLD and NSW is available but other states will be added soon.
It is very interesting looking at the data, even if you don’t want to buy a property any time soon. It does debunk the myth that property prices only ever go up.
