Comparable Sales

Recent sale prices of similar properties nearby — the primary input for valuations and offers.

Comparable sales (often shortened to "comps") are sale prices of similar properties — same suburb, similar size, similar build, sold in the past 3–6 months. Valuers, real estate agents and buyers all use comps as the primary basis for assessing market value. Online tools like CoreLogic Property Reports, OnTheHouse and PropertyValue aggregate comp data; full RP Data subscriptions give the most comprehensive comparison.