Gumtree, one of Australiaโs most visited online marketplaces, has seen a surge in property listings and engagement since launching a real estate partnership with property portal Homely.com.au just six months ago.
Since launching in December last year, the partnership has already delivered more than 3 million additional engagements and more than 113,00 direct enquiries to agentsโ listings across Australia, at no extra cost to vendors or agents.
Gumtree CEO Tommy Logtenberg said the companyโs real estate vertical has grown from 11,000 listings to more than 180,000 nationally.
โThis partnership is helping more buyers, sellers, and agents tap into a very active and competitive property market, on a platform they already know and trust, and we expect this momentum to continue,โ said Mr Logtenberg.
โWith an average 5.6 million* Australians on Gumtree Group each month, our real estate vertical now delivers the kind of scale and value thatโs reshaping how people engage with property online.โ
As demand surges in high-growth suburbs, Homely has rapidly expanded its footprint, with listing volumes rising sharply.
Growth is especially visible in rising market hotspots like Melbourne CBD, which has seen a 357 per cent listing increase, West End Queensland, with a 200 per cent increase, and Concord NSW, with a 164 per cent increase.
This growth is harnessed through Homelyโs syndication with Gumtree, which builds momentum for agents by increasing their reach while simultaneously strengthening Gumtreeโs Real Estate vertical with thousands of high-performing listings.
Co-Founder and Co-CEO of Homely, Adam Spencer, said the positive impact of this partnership and the range of offerings it has for real estate agents has had a material impact on the business.
โThis is about changing the game for agents. Partnering with Gumtree gives our agents a powerful national reach without added cost,โ said Mr Spencer.
โFor too long, agents have been promised value and delivered bills. This partnership challenges that. Weโre here to deliver better exposure, better leads, and better economics for agents and vendors alike.โ
Buyers and renters now benefit from broader access to Homelyโs listings directly through Gumtree, including its extensive hyperlocal content, such as street and suburb reviews, local Q&As and insights that make property decisions more informed.
This partnership is a strategic move to elevate Gumtreeโs offerings and deliver a category-driven marketplace.
This expansion into real estate highlights Gumtreeโs commitment to growth in key interest areas for its users.
*Source: Source: Ipsos iris Online Measurement Service, September 2024โFebruary 2025, Age 14+,PC/Laptop/Smartphone/Tablet, Gumtree, CarsGuide, Autotrader, BrandGroup, Audience, MonthlyAverage”