HomeHype collects data on properties for sale and what they eventually sold for. We use these two numbers to work out if a property was sold for under or over the asking price and calculate its hype score. One aggregated to city, state or national levels this provides visibility into what property markets are doing and ongoing trends.

How accurate is the data?

Reasonably, but there are always going to be errors. Specific postcodes with low numbers of property sales can be subject to distortion by just one or two very under or over-hyped transactions. The wider the region the more accurate the view. There are also occasional errors extracting price data from properties. While HomeHype is a useful tool it should not be treated as perfectly accurate, more as a guide and an additional consideration.

How often is the data updated?

HomeHype is updated daily, overnight.

Is every property sold in the data?

No, we can only record properties which have public sales and their advertised and final sale price are known. Any properties sold off-market or where the sale or sold price isn't available won't be in our data.

What do the "fair", "booming" and "inflated" labels mean?

We use the hype score to create a label. Currently, these are:

• over 4% = booming
• between 2% and 4% = inflated
• between -2% and 2% = fair
• between -2% and -4% = deflated
• less than -4% = depressed

We occasionally adjust these labels from time to time and their definitions. Use the hype number itself if you require accuracy.

Why are the "time on the market" days so long?

In a hot property market properties can and do sell very quickly. Our "time on the market" is the number of days from when we first saw the property advertised for sale until it was marked as sold. This window can be quite long, much longer than the window between a purchaser seeing a property and signing a contract.

Can I re-use the data?

You're welcome to use the headline hype numbers providing you provide a clickable link to https://homehype.au/ and the name HomeHype as the source. This includes journalists or other publishing entities.

If you would like to use our data for a commercial purpose (or without attribution) or if you would like historical data with daily updates or to use our data you can purchase a data feed.

Do you list individual properties?

No, we only store and show aggregated, processed statistics.

What properties do you index?

We only collect data on residential, physical properties such as houses, units and apartments. We do not index commercial properties, land, or other non-housing property.

Do you only cover Australia

Yes, our data is purely for the Australian property market.

Your postcode count is wrong

We only count postcodes that are delivery areas. There's no point including postcodes for P.O. boxes or other non-residential areas within our statistics. We determine what postcode is inside a city area by the statistical area names provided by the Australian Bureau of Statistics. This can include postcodes you may not personally consider to be within a city boundary, but are named within the city.

How can I contact you?

You can email us at [email protected].