The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FIRST RELEASE TICKETS ON SALE FOR URBANITY-25 THE UNMISSABLE EVENT FOR PROPERTY PROFESSIONALS IN THE ASIA PACIFIC
FIRST TICKETS ON SALE FOR URBANITY-25 UNMISSABLE FOR PROPERTY PROFESSIONALS
SEE DETAILSDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Partner Lab
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
OtherStaff WriterSun 30 Oct 16

Aussie House Hunters Sold On Internet Speed

iStock_81446437_SMALL_620x380

New research revealed that parking spaces and pools are no longer the biggest considerations when purchasing a new home.

First homebuyers are now placing fast broadband connections higher up on their list of key priorities when it comes to making purchasing decisions.

The NBN Ready Homes report revealed when searching for a new property, the majority (80 per cent) of Aussie house hunters rate a good broadband service as a major factor in their decision making process.

Two thirds (66 per cent) of Aussie buyers say they would negotiate a lower price or even reject their potential home altogether (16 per cent), if it is not available.

NBN General Manager of Build Partnerships Julian Nachmias said for many buyers, a fast internet connection is no longer a luxury but an expected addition to Australian properties.

“Whether you’re a prospective buyer with a large family, a young couple who works from home or retirees with a passion for online entertainment, access to fast broadband is increasingly as important as having running water and electricity available in your home.”

Tech-savvy real estate agents are also taking advantage of the NBN network by using new technologies to market properties in pursuit of a competitive edge for their business.

“High resolution photography has always been a staple of real estate marketing, but now home owners want to see more of a property before they even attend an inspection," Keyes & Co Property Founder Damien Keyes said.

"Since connecting to the NBN network, we have become ‘virtual-agents’ and are now able to offer online tours, which allow buyers to inspect the property through 3D walk-throughs and 360 degree photography taken by drones.

“It’s proving to be a profitable way for us to attract home buyers who are relocating from across the country and gives us a point of difference from other agents," he said.

Emerging technologies for real estate agents include:

  • Smart photography: drone photography and 360 degree videos mean home buyers can be immersed in a space from a remote location which limits the need for international or interstate buyers to travel.

  • Interactive floor plans: provides potential buyers a sense of the true layout and design of the home and takes the guesswork out of viewing a property.

  • Virtual viewings: the recent introduction of affordable virtual reality headsets has enabled real estate professionals to tap into immersive customer experiences by offering virtual tours which allows buyers to walk through their prospective home without disturbing the current occupants.

NBN

 is building a new and upgraded, fast wholesale broadband network to enable communities across Australia to access fast broadband from their retail service provider, with a goal to connect eight million homes and businesses by 2020.

ResidentialAustraliaTechnologyReal EstateSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
North Melbourne Craigieburn HB Land EDM
Exclusive

Tribunal Finding Cruels 1000-Home Melbourne Plan

Clare Burnett
5 Min
Roseville Hycorp EDM
Exclusive

Ku-ring-gai TOD Backflip Slashes 1500 Homes from Under-Way Developments

Clare Burnett
7 Min
Exclusive

Housing Fix Sprint Begins with New Top Planner Pushing 13 Regional Plans

Phil Bartsch
8 Min
Elanor Investors Tweed Mall masterplan
Exclusive

Tweed Marks Time as $900m Mall Redevelopment Goes Quiet

Renee McKeown
6 Min
High-density residential construction in Melbourne
Exclusive

Stabilising Conditions in Melbourne Bring Hopes of Improved Feasibility

Leon Della Bosca
6 Min
View All >
A render of part of the Greenline project along Melbourne's Yarra River.
Infrastructure

Melbourne’s Greenline Survives Bid to Shelve Project

Marisa Wikramanayake
Housing development and infrastructure project, Gold Coast
Policy

Housing Reforms on Right Track Despite Supply Gap

Leon Della Bosca
Southport 20 Queen Street Approval hero
Development

MRCB Tower Greenlit for Gold Coast Motel Site

Phil Bartsch
A 20-storey highrise scheme that supersizes previous plans has been cleared to rise from the former site of a Gold Coast…
LATEST
A render of part of the Greenline project along Melbourne's Yarra River.
Infrastructure

Melbourne’s Greenline Survives Bid to Shelve Project

Marisa Wikramanayake
5 Min
Housing development and infrastructure project, Gold Coast
Policy

Housing Reforms on Right Track Despite Supply Gap

Leon Della Bosca
4 Min
Southport 20 Queen Street Approval hero
Development

MRCB Tower Greenlit for Gold Coast Motel Site

Phil Bartsch
2 Min
Australia Post Facility Concept render 2 HERO
Infrastructure

E-Commerce Drives Australia Post Regional NSW Expansion

Leon Della Bosca
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/aussie-house-hunters-sold-internet-speed