The Commonwealth Bank has released an iPhone augmented reality application for consumers to keep on top of the property market.

The app will allow consumers to use augmented reality to see the past sales history on a property that’s for sale (on more than 95% of properties in Australia), current property listings and recent sales, and is mapped on to a real world view through the iPhone’s camera.

Users can also switch to a list or bird’s eye view to pull in insights on properties matching their search criteria. Home hunters can then track their ‘dream house’ in their favourites, send to a friend and make informed decisions with access to detailed suburb profiles revealing demographics, median price, property hotspots and capital growth trends.

“We are leveraging new technology and continually innovating to deliver convenient, relevant and real-time services to make buying a home easier,” said Mark Murray, general manager consumer marketing, Commonwealth Bank.

“Home buyers and sellers can easily access a host of customised information, tools and insights on every home in Australia for free.”
The app will be available for download from the Apple App Store, with technology supported by realestate.com.au and rpdata.com.