REDA - Real Estate Deals Australia

REDA stands for Real Estate Deals Australia. It is a property investor platform that lists under-market-value properties. The business was started in 2015 with a $5,000 injection used for the first acquisition of three blocks. REDA draws on more than 20 years of Australian property investment experience and has over 8,500 investor members. It lists properties for sale by councils for unpaid rates, and states it is the only website in Australia doing so.

Data is sourced by the director and uploaded manually from sheriff and local council auctions. Completed deals are offered by direct°, founder, exclusively to members for education. REDA provides AI tools including Deal Score, AI Smart Search and an AI Chatbot Assistant. Its main services are sourcing under-market-value and off-market property deals with AI-powered insights and investor tools.

Feedback for this property investment and consulting business in Melbourne recurs around a listings platform that helps investors research and compare residential opportunities. A handful of customers describe it as a convenient single destination for browsing properties nationwide, and several accounts note that it clarified which offerings were reasonably valued and built their confidence before committing funds. Guidance from Michael is highlighted, described as welcoming and sincere, with a stated willingness to help people succeed. Others credit the business with allowing entry into residential investment at an accessible starting level while drawing on accumulated experience.

More critical accounts focus on the subscription arrangement, saying that ending it proved troublesome even where the terms seemed to allow it, and some characterise the information as dated or easily obtained elsewhere, with the platform called poorly organised. A further point that comes up often is dissatisfaction after the initial consultation, with caution urged about checking details thoroughly beforehand. The response therefore splits between the research tool and market insight valued by some and the billing friction and accuracy doubts raised by others.