Six interesting Aussie proptechs made their pitch debuts at the Fishburners Pitch Night last week. They show the diversity of thinking that is now starting to challenge traditional ways of designing, building and renting property.
Here’s a quick overview.
ConX has the brave job of trying to digitise smaller contractors in construction, which make up 98% of the industry in Australia. It helps tradies manage tenders, measure plans and estimate materials, quantities and resources, as well as providing a place to find subcontractors and store work.
Established by award-winning architect Simon Cookes, Larki delivers digital 3D surveys delivering millions of site data points that ensure accurate heights and distance from other elements.
Larki’s surveys can be imported straight into design software allowing work in 3D immediately, saving days and weeks of drawing and speeding up planning approvals as 52% of development applications are held up due to requests for more information.
Check out larki.com
Entering the increasingly busy property management ‘ecosystem’ space is Instarent, which brings together landlords, tenants, and tradies all into the one platform which can be easily accessed on desktop or mobile.
The app – designed for landlords who don’t want to use an agent – helps landlords to find tenants directly using an AI algorithm, and coordinate building and repair work through its tradies network. The group has an impressive advisory board.
Rentality won the people’s choice award on the night for most innovative startup with its mid term rental solution. Rentality has identified that in between traditional rentals of 12 months and short term stays of perhaps up to a week or two on AirBnB, there is a significant demand for ‘mid-term rentals’ – rentals of between one month and 11 months.
These are particularly in demand from doctors on hospital secondments, or professionals relocating for projects, and even grey nomads sans caravans wanting affordable rent but on shorter leases. They want attractive properties, usually furnished, but operating with property managers, bonds and insurance.
For landlords, Rentality offers the opportunity of higher yields, more consistent rental income and can extend the number of properties available to rent by encouraging owners who might not like the high turnover of short term rentals, or the inflexibility of traditional long term leases. The pitch was made by co-founder Adrian Yong. Check out rentality.com.au
The rise of drones as couriers will definitely make TradieDrop’s life easier when they become mainstream. But in the short term, the startup is focused on helping tradies claw back some of the 40% of their time that they currently spend doing non billable work by delivering construction materials on demand.
Tradies order online and products are delivered for just $25 within an hour. The startup is still in very early development stage and has been founded by builder Aled Williams.
Check out TradieDrop.com
One for the major construction builders who struggle to get materials to the tops of highrise towers which require considerable coordination to book crane time that is traditionally managed on a whiteboard in the basement. Delays caused by weather, traffic, late deliveries can quickly result in tens of thousands of dollars a day as trucks queue up around the block.
Veyor solves this with a digital whiteboard, which sounds simple. But operating as an online app, it allows project managers and materials deliverers to see exactly when crane slots are available and schedule – or reschedule – quickly and easily. In turn, the data collected through the app provides insights into how big construction is built and will soon become a source of identifying efficiencies.
Content marketing strategist, researcher, journalist and presenter specialising in the real estate industry. I'm passionate about proptech, digital disruption and all things property, big data, leadership and entrepreneurial ideas, have an MBA and specialise in social and digital media content creation and automation.