Property's technological cutting edge in awards spotlight
Proptech's best and brightest gathered in Sydney to award the property technology sector's most innovative and impressive developments.
Technological products addressing and catering to affordable housing, construction, energy efficiency and property management were among the winners of Australia’s most coveted property technology (proptech) awards.
The Proptech Association Australia announced the winners of its 2024 Proptech of the Year awards at the Fullerton Hotel, Sydney, with more than 125 companies staking a claim to glory in 13 categories.
In the biggest event in its four-year history, the Proptech of the Year major award winners were:
- Start-Up: Proptech of the Year – Realtime Conveyancer
- Scale Up: Proptech of the Year – Archistar
- Established: Proptech of the Year – MRI Software
The Association named the decarbonisation data company, ValAi, as the Proptech to Watch.
Residential Proptech of the Year was the carbon-reduction app, EnergyFlex, while Xylo Systems, a platform to encourage and maintain biodiversity, won Commercial Proptech of the Year.
The CEO of Before You Buy, Rhy Rogers, was named Proptech Leader of the Year.
A total of 34 awards were presented and more than 330 guests attended the gala dinner to celebrate achievements in the Proptech Sector.
The President of Proptech Association Australia, Kylie Davis, said the awards demonstrated the growing relevance and importance of the proptech sector to the Australian and New Zealand economies.
“Over the past four years, we have witnessed incredible improvements in property technology, an expansion in the types of problems it is solving for and accelerating speeds of adoption by the market,” Ms Davis said.
“The proptech sector has moved from being focused on sales, marketing and property management solutions to now working to solve diverse and intractable problems, including housing supply, affordability, ownership and energy efficiency.”
“This year one of our biggest categories was the Consumer Proptech award, demonstrating the number of proptechs now working to put power back in the hands of property buyers, renters and owners.”
She added that AI and Energy Efficiency and Data Solutions were also extremely strong categories.
Ms Davis congratulated all the finalists and the winners.
“Judges remarked on the sophistication of the entries, and the difficulty in having to pick winners, which I believe this demonstrates how the sector is providing increasingly innovative and robust solutions for domestic and international markets.”
The biggest winners on the night were MRI Software, a leading provider of real estate and investment software, which picked up five awards. The AI-enabled planning and property development platform, Archistar, received three awards.
Full list of winners:
Major Awards
Proptech to Watch - Val AI
Residential Proptech of the Year – Energy Flex
Commercial Proptech of the Year – Xylo Systems
Startup Proptech of the Year – Realtime Conveyancer
Scaleup Proptech of the Year – Archistar
Established Proptech of the Year – MRI Software
Proptech Leader of the Year – Rhys Rogers
Open Awards:
AI Empowered Solutions – JLL Risk Analytics
Affordability & Social Solutions – FrontYa
Construction – Build Buddy
Environment & Energy Efficiency – Xylo Systems
Off The Plan – OPEX
Planning & Design – Archistar
Divisional Awards
Administration and Efficiency:
Startup - Realtime Transaction Management System
Scaleup - Snug Leasing Solution
Established - SafeworkID
Asset and Facilities Management:
Startup - Asseti
Scaleup - Trendspek
Established - MRI Software - Evolution
Consumer Proptech:
Startup - Abodey
Scaleup - Listing Loop
Established - Reapit - Move Me In
Data Solutions:
Startup - Prophero
Scaleup - Archistar
Established MRI Software – MRI Agora
Property Management and Maintenance:
Startup - Sensor Global
Scaleup - Inndox
Established - Taskforce Australia
Sales and Marketing:
Startup - Realbot
Scaleup - DisplaySweet
Established - MRI Software - Vault
Valuation and Financial Solutions:
Startup - Avenue Bank
Scaleup - eGuarantee
Established - MRI Software - Asset Modelling
