Yesterday Domain sent out a press release in relation to their new “Sold Section”. From their press release: We’re excited to announce the release of a new SOLD section on Domain.com.au.
Our new SOLD section will allow you to search sold properties in your suburb of interest. You can now search and view what price properties sold for, when they were sold and whether they sold by auction or private treaty.
Not only can you view sold properties for a particular suburb but you can also see brief sales statistics along with demographic information (provided by the ABS) for each suburb. What is nifty, is that you can view sold properties via map and recent sold listings are now displayed alongside listings for sale.
One downside is that some listings have ‘Price Withheld” which is pointless for users. But this is the responsibility of agents to make sure they enter the sales price for properties they sell.
Although products offered by property sales data companies are more extensive than what Domain has here, this move does reduce some of the stranglehold these companies have over sold property data!