Empowering the Australian Property Market with AI

For the Australian property market, leveraging comprehensive data sets for training private GPT models is essential for staying ahead. The vast amount of data available is crucial for developing AI technologies that are changing how the real estate industry operates. For businesses in property technology (proptech), using detailed property data to train AI models is not just an advantage—it's necessary to remain competitive.

Enhancing Proptech Capabilities with AI

By integrating extensive property information into AI, proptech companies can improve predictive analytics, understand market trends, and personalise customer interactions with high accuracy. These AI-driven insights enable better decision-making and improve services, aligning advice and predictions more closely with market realities and customer needs.

AI models trained on rich property data sets can automate tasks like property valuation and identifying investment opportunities, leading to more efficient operations and cost savings. The ability to predict market trends with AI helps businesses stay proactive, an essential aspect in the fast-paced real estate market where timing and accurate information are critical.

The Role of Suburbtrends in AI Model Development

However, extracting and processing the vast amounts of data needed for AI training requires the right tools. Suburbtrends can assist you in gathering the necessary data to feed, fine-tune, and develop your AI models tailored to the Australian real estate market. This approach allows for the creation of AI tools that not only analyse current data but also predict future market movements, providing a competitive edge in the proptech industry.

Note: The example tables are just some of many data sets we can assist you with.

Example property address data:

State	Total Address Count	Has GNAF Matched
VIC	3,890,844	3,422,616
NSW	4,776,671	4,230,238
QLD	3,271,864	2,752,254
SA	1,176,638	967,539
WA	1,572,426	1,408,161
ACT	244,743	213,363
NT	115,679	103,614
TAS	348,733	325,432

 

Example market data: 

State	For Sale on Market	For Lease on Market	Sold Records	Rental Records
VIC	64,490	15,930	8,510,731	3,188,362
NSW	57,391	21,998	8,162,509	3,581,118
QLD	43,603	12,859	6,576,069	2,643,610
SA	10,573	2,307	1,571,387	682,781
WA	20,219	3,284	2,814,333	1,180,350
ACT	4,986	1,952	413,257	164,534
NT	2,183	864	133,588	122,940
TAS	6,356	1,048	712,937	170,398

 

Example attribute data: 

State	With Bed	With Bath	Has Year Built	Has Land Size	Has Building Area
VIC	2,806,816	2,508,191	2,899,477	2,487,564	972,204
NSW	3,295,723	3,263,773	3,535,786	2,963,717	1,154,562
QLD	2,178,519	2,165,316	2,287,150	1,845,669	888,008
SA	832,206	771,614	878,562	778,947	449,095
WA	1,217,430	1,228,616	1,312,731	949,874	766,640
ACT	186,186	183,935	185,860	174,139	70,180
NT	71,322	70,905	81,909	64,423	31,682
TAS	294,861	278,551	301,890	258,512	186,9

 

Contact us to discuss your requirements.