The rise of artificial intelligence (AI) is changing the way property valuation is done. As more banks and lenders rely on AI for property assessments, people are starting to wonder: Will AI take over traditional valuation methods? This article looks at how AI fits into property valuation, especially for simpler assessments, while highlighting the ongoing need for human expertise in more complex situations.

A section of the El Caballo equine resort near Perth was sold at a $4.5 million loss, three years after being acquired for $12 million as part of an initiative to address homelessness within WA's Noongar community. The acquisition was financed by the Noongar Charitable Trust, created by the South West Aboriginal Land and Sea Council, with an additional $1.5 million invested in renovations to convert the resort into habitable social housing.

SiteHive, a leader in innovative environmental monitoring technology, has today announced the release of its next generation of SiteHive Hexanode devices. Purpose-built for construction, infrastructure and heavy operational environments, the new devices set a new benchmark for accuracy, usability, and smart real-time environmental data collection. Based on rigorous R&D, hands-on site experience and user feedback, the SiteHive Hexanode family has been totally re-engineered