Land and Property Information (LPI) is required by legislation including the Real Property Act 1900 and the Valuation of Land Act 1916 to collect property sales information and make it available for public inspection.
Property sales information is collected by LPI at the time of registration of a property transfer from information on transfer documents and accompanying Notices of Sale. These forms contain privacy notes indicating that the information supplied will be made publicly available.
As well as maintaining various public registers for this purpose, LPI property information data on behalf of Valuation Services. A list of companies that are licensed to on-sell property sales data is available on the Valuation Services website.
Valuation Services supplies property sales information licensees with regular electronic updates of newly registered sales. Property sales information resellers maintain their own databases and websites comprising data sourced not only from LPI but from elsewhere to develop new property related information products for which there is a market not met by the public registers maintained by LPI.
Property sales prices do not fall within the definition of personal information under the NSW Privacy and Personal Information Protection Act 1998. Websites that display property sales prices but not the names of property owners are not in breach of any privacy legislation.