Australian proptech surges amid housing crisis and innovation push
Proptech is attracting increasing levels of investment in Australia and reshaping the real estate industry.
Property technology (or proptech) is changing the way property is researched and transacted upon. (Image source: Shutterstock.com)
Australia’s property technology (proptech) sector is gaining momentum, driven by a national housing affordability crisis and a wave of innovative startups aiming to reshape the real estate landscape.
As house prices soar
—Sydney’s median home now costs $1.2 million, requiring an annual household income of $280,000 to be within reach—proptech firms are stepping up with solutions to streamline transactions, boost affordability, and challenge tradit…
