So I was doing a bit of Gumtree surfing the other day and I stumbled upon their Property Price Checker tool. tool. Now whether you’re a property owner, a looking-to-be property owner, or still just happy to be renting kinda person, I reckon you’ll find this super interesting.
But how does it work? It’s simple really – You enter the region, city & area you’re interested in and voila! – you have information about the average rental and purchase costs of properties in your chosen area, broken down per property size. How cool is that?
I would’ve loved a tool like this when I was apartment shopping. Having all this valuable info right at your fingertips gives you such a fantastic insight into what’s happening in your property market.
If you’re looking for a place to rent for example, you at least know what kind of rental rates you’re going to be looking at. Or if you’re looking to buy, you can check whether the asking price seems fair and even see what the potential rental income of your property could be.
The tool even links up to current property ads so you can jump right into some online browsing:
Whether you’re seriously considering buying, selling or moving or just interested in general, I definitely think you should give this tool a try. I for example now know what I could get for my apartment if I was thinking of selling or renting it out… And that’s without even having to go through a property agent. Love that!
If you haven’t already, do yourself a favour and check it out now: www.gumtree.co.za/pages/property/