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July 2020 v1.4.1
- Bug fix where some Perth LGAs did not appear on heatmap
- Added number of rows toggle to ranking tables
- Added invoicing feature to the account dashboard
- Data for ~1,500 previously excluded suburbs added to ranking tables, charts, heatmaps
- Tableau Reports out of Beta
- Added confidence filter to Tableau Reports
- ~30 outlier localities removed from ranking tables after improved data clean procedure
August 2020 v1.4.2
- Tweak: Added confidence level to LGA and Suburb Forecast Charts
- Tweak: Added confidence level & colour coding to LGA and Suburb GRC Charts
- Tweak: Back-end data aggregation for Townhouse segment in preparation for next release
- Bug Fix: Incorrect confidence assignment to Devonport, TAS LGA
- UI Fix: Color coding for Median Price Forecast column on some store reports
September 2020 v1.4.3
- Tweak: LGA (Council Area) Confidence Levels are now calculated based on the aggregated confidence of the suburbs within the LGA boundaries
- Tweak: Changed Confidence palette for high, medium, low colour-coding to be more colour-blind friendly
- Tweak: New historical data source incorporated into the Tasmania, NT datasets
- Tweak: Minor cosmetic fixes to store reports
October 2020 v1.5.0
- Tweak: Suburbs with no rent or sales data are now shown on LGA (Council) pages to facilitate site search
- Tweak: Suburbs with no rental data added to downloadable reports. Rent and yield are shown as 0 values for these suburbs.
- Tweak: Removed links to LGA (Council) pages that are yet to be created on the platform.
- Tweak: Improved attribution of property sales to correct suburb by relying on GPS coordinates as opposed to suburb stated in the listing.
- Bug fix: 7 suburb forecast charts plotted median prices incorrectly.
- Bug fix: Some suburb rent forecast charts were not showing 4 and 5 bedroom series.
- Regression fix: Unit Ranking Tables had duplicate entries for suburbs with no data.
- Regression fix: Assigned 0% growth rate to low confidence outlier suburbs on heatmaps.
- Regression fix: Some suburb rent forecast charts were missing forecast figures.
January 2021 v1.6.0
- New Feature: Days on Market (DoM), Discounting, Days on Rental Market (DoRM), Vacancy Rates, Vacancies added to store reports
- Bug Fix: Median price column was duplicated on LGA (Council Area) store reports
- UI Tweak: Better presentation of confidence legend on GRC charts
- Heatmaps: LGA (Council Area) and suburb shapes updated based on latest Geoscape (PSMA) Data Release
- Data: LGA (Council Area) to suburb correspondence updated based on latest Geoscape (PSMA) Data Release
- Data: LGA (Council Area) median values and forecasts are now calculated by averaging values for suburbs within the referent LGA. Suburbs with Very Low Confidence and/or poor past model performance are excluded.
- Data: Approximately 3% of past property sales have been reassigned to new suburbs due to updated shape boundaries
- Tweak: ML model 2.0 deployed in production environment. The new model has the following improvements:
- Better handling of missing data resulting in additional time-series per number of bedrooms at suburb and LGA levels
- Use of LGA timeseries as a regressor for suburb model train and test has been re-developed achieving a 25-30% improvement in confidence for suburb forecasts
February 2021 v1.6.1
- Tweak: YoY Price and Rent change is now calculated using the percent difference between current quarter value and the value reported for the same quarter last year (yearly averages were used previously)
- Bug Fix: Some suburb forecasts for bedroom time-series were produced using out-dated regressor data
- New Feature: Improved store report format:
- Capital Growth is now reported as an annual average based on 2 year price forecasts
- Added Total RoI column (sum of cashflow yield and yearly capital growth)
- Added Rent Increase Column (average annual increase based on 2 year rent forecasts)
- Added Cashflow Increase Column (average annual increase based on current price and 2 year rent forecasts)
- Added Rentals Column for current quarter
April 2021 v2.0.0
The main highlight of this release is a significant enhancement of the HtAG algorithm. Two legacy forecast modules, which have been shadowing a more performant strategic algorithm have now been decommissioned. This took place after the final testing cycle for the new module completed on the weekend of 3-4 April 2021.
- Data: Additional historical data incorporated into WA, ACT datasets
- Tweak: Decommissioned 2 legacy forecast modules in favour of a new forecast procedure offering lower error rate
- Tweak: Strategic forecast module now powers Typical Price data fit and forecasts. Some suburbs downgraded to low confidence (and some temporary withheld from reports) as model undergoes additional training on new data
- Tweak: Removed typical value smoothing previously used for City-Level Forecast and GRC Charts as the low confidence values (which are used to produce aggregate typical values alongside medium and high confidence series) now offer better data quality
- Tweak: Removed house/unit toggle on downloadable reports as files are frequently downloaded separately and into different folders resulting in user error
- Bug Fix: Price shown instead of Number of sales in downloadable reports for some BR series
- Bug Fix: Count of grouping by days shown as number of sales
May 2021 v2.0.1
- Data: 8 new metrics added to all downloadable reports (as beta release)
- Data: Added Error Rate column to all downloadable reports and the main dashboard
- Tweak: Capital Growth and Total ROI columns are now presented as a range based on forecast confidence
- Tweak: Main Dashboard now presents data in a format consistent with downloadable reports
- Tweak: GRC values expanded from 4 to 8 possible positions with (-) negative growth and (+) positive growth indicators
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