As we reach the start of the annual network embargo period, it’s a good time to reflect on the NBN changes over the year.
And the answer to the “Are we there yet?” chorus, is a simple “we’re about half way”.
Rent.com.au shows NBN network status on all rental listings to improve the search experience for users. Greg Bader, CEO explained, “NBN status is one of the more popular tools for customers, people look at more than once house or area when deciding on their next home and we wanted to make the information as easy as possible to find”.
Each day, thousands of new listings are uploaded to rent.com.au and each of these is checked with NBN to determine their status (available or forecast RFS date). By comparing different “snapshots in time” we can build a view of the progress of the NBN rollout.
Bader added “Our sample is not every property in Australia, but with over 70,000 active rental listings at any time, across all states, it is a large sample. With so many new properties added and removed each day, our sample is extremely current and allows us to provide a unique perspective on changes”.
Despite a pretty controversial year for NBN, we now see that most states (exception is the ACT) at 50% or more in terms of overall NBN availability.
The following tables illustrate the data in more detail; the Q1 table contains the NBN forecast against our active properties back at the start of the year, the Q4 table contains the latest NBN data from all our currently “active” properties.
How NBN started the year (Q1 2017)
|Q1 % NBN Availability||ACT||NSW||NT||QLD||SA||TAS||VIC||WA|
How NBN finished the year (Q4 2017)
|Q4 % NBN Availability||ACT||NSW||NT||QLD||SA||TAS||VIC||WA|
Comparing the Q1 (start of year) and the Q4 (end of year) allows us to measure NBNs achievements against:
1. 2017 Build Targets: What was available at the start of the year plus what did NBN forecast to build in 2017, compared to what percentage of properties today can get NBN.
2. 2018+ Schedule: What percentage of properties were scheduled for 2018 onwards at the start of the year compared to now. (Has the schedule slipped or been brought forward?)
Score Card (what NBN said in Q1 to what NBN delivered in Q4)
Overall, NBN seems to have performed quite well (against their targets) for 2017 across most states. We are seeing some slippage in NSW and SA, potentially due to the recent decision to delay HFC connections.
Rent.com.au Chief Executive Officer, Greg Bader encouraged Australia’s renters to check out the NBN data display for properties listed on www.rent.com.au to get the most up-to-date information and see what technology will be used to build the network.