Creating Impact @ UNSW Arts, Design & Architecture 102022_918918787_ADA_Creating_Impact_Stories_A5_booklet_v12 | Page 77

an AI-driven toolkit that rapidly calculates property valuations to support better property and urban planning .
The cyber-secure toolkit , hosted by commercial venture Slate Analytics , allows users to visualise diverse infrastructure and planning scenarios and their effect on property values . It uses big data from trusted government and industry partners , artificial intelligence and advanced analytics to calculate property valuations across Australia ’ s residential property market . Its interactive , what-if scenario capability represents an industry-first for planning support systems .
The toolkit was co-designed in workshops with state and local government valuers , urban planners and industry partners . It reduces risks , costs and time-consuming processes associated with land value analysis . Increasing the accessibility and accuracy of value assessments helps homebuyers , investors , businesses and governments make more informed decisions .
Our collaboration
Chris Pettit continues to support the ongoing research and development of Slate Analytics with :
> PEXA – data and digital property settlement experts > FrontierSI – specialists in spatial mapping and geodesy > And data analytics and visualisation researchers from
UNSW ’ s CFRC .

Data-driven planning tools make an important contribution to building more equitable and productive future cities . They help planners , councils and governments maximise investments to get the best outcomes , including better public transport , additional green space and more affordable housing stock – for the whole community , says Chris Pettit .

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