Question 1

Is PropertyLens a licensed valuation service?

Accepted Answer

No. PropertyLens is an AI-powered research and analysis tool, not a licensed valuation service. Our predictions are estimates based on publicly available data and AI analysis. They should not be used as a substitute for a formal property valuation by a certified valuer, nor as financial advice. Always consult qualified professionals before making property decisions.

Question 2

Where does the data come from?

Accepted Answer

All our data is sourced from publicly available datasets and official APIs. This includes historical sales data from Domain.com.au and PropTrack, demographic data from the ABS Census, planning overlay data from local council open data portals, economic indicators from the RBA, commercial listings from Domain Commercial, and fitout cost data from published industry sources.

Question 3

How accurate are the property price predictions?

Accepted Answer

Property price predictions are inherently uncertain — no model can perfectly predict what a buyer will pay. Our system tracks prediction accuracy against actual sale prices, and we publish these metrics transparently. Predictions include confidence scores and price ranges to reflect uncertainty. Typical accuracy varies by suburb and property type.

Question 4

What commercial property features are available?

Accepted Answer

PropertyLens offers comprehensive commercial analysis including: cap rate and yield calculators, Weighted Average Lease Expiry (WALE) analysis, Debt Service Coverage Ratio (DSCR) assessment, AI-powered investment analysis, commercial fitout cost estimation for 7 fitout types (office, retail, restaurant, medical, industrial, make-good, base building), make-good cost estimation, fitout ROI calculation, and multi-city cost comparison.

Question 5

Which cities and suburbs are covered?

Accepted Answer

PropertyLens is live across four major Australian cities: Brisbane (33 suburbs), Gold Coast (24 suburbs), Sydney (42 suburbs), and Melbourne (38 suburbs). All cities include residential and commercial property analysis, AI predictions, construction and fitout cost estimation, and market intelligence.

Question 6

How does the AI component work?

Accepted Answer

We use Claude by Anthropic, a leading safety-focused AI model, to analyse property descriptions, comparable sales data, feature adjustments, and market context. For commercial properties, the AI also assesses tenant covenant strength, lease structures, and market positioning. The AI prediction is blended with statistical analysis to produce the final estimate.

Question 7

Can I use this for construction and fitout cost planning?

Accepted Answer

Yes. For residential properties, we provide detailed cost estimates for raise-and-build, second storey additions, and basement conversions. For commercial properties, we offer fitout cost estimation covering office, retail, restaurant, medical, and industrial spaces across budget, standard, and premium grades. All estimates include phased budgets, make-good costs, and ROI calculations. These are starting points for budgeting — always obtain professional quotes.

Question 8

What planning constraints does the system check?

Accepted Answer

We check local council planning overlays relevant to each city, including character housing provisions, heritage listings (local and state), flood overlays, landslide hazard, and biodiversity overlays. We also monitor Development Application activity through Planning Alerts. These constraints affect what you can build on both residential and commercial properties.

Question 9

Is my data private?

Accepted Answer

We analyse publicly available property data — we do not collect, store, or sell personal information beyond what you voluntarily provide through our contact or waitlist forms. Property analysis is based on public listing data, public sales records, and public planning data. See our Privacy Policy for full details.

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