Ive purchased a Property / Postcode Explorer for Victoria, and it doesn have the sales date and sale price for every record. Why is that?
Due to Victorian privacy regulations, we are not allowed to supply the actual sales date or sales price of the property for government data. However, we do have these records on our system. What we do instead, is index up the sales price using the average capital growth for the postcode to give you a current day estimate of each property’s value. Because the sales are no more than 18 months old, this system is a very reliable way of getting comparable sales for Victoria. Some of the sales we have in Victoria do not come from government, and in these cases we supply full information.
