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Proptech and buyer’s agency recognised for rapid growth

By Juliet Helmke
28 November 2024 | 5 minute read
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Two Australian companies in the property sector have posted strong results over the past year, placing them among the top firms for growth.

On the Australian Financial Review’s annual Fast 100 list, two property-related entities have taken out spots in the top 20.

Buyer’s agency Australian Property Scout took out 18th place, having recorded 121.31 per cent growth over the 202224 financial years. Australian Property Scout is also a nominee for Buyer’s Agency of the Year at the REB Awards 2025.

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Right behind the buyer’s agency, in 19th place, is Proptech Labs, a software development company primarily serving the property management subsector, which returned an impressive growth rate of 116.97 per cent over the 202224 financial years.

To Proptech Labs co-founder, Jon Stul, the achievement of making it onto the top 20 of the coveted list represents “so much more than a number”.

“It’s a validation of our mission to create intelligent, automated solutions that solve real challenges for property professionals. It’s a testament to the incredible work of our team, the support of our clients, and the strength of our vision for the future of property management,” he said.

Co-founder Rafael Niesten also agreed that the recognition was important because it spoke to the firm’s growing impact.

“We’ve focused on creating tools that don’t just improve day-to-day operations but also enhance relationships between property managers, landlords and tenants. This approach has resonated with our clients and driven our success,” he said.

At the same time as releasing its Fast 100 list, the AFR has also named the top 100 new companies that have scaled rapidly in five years or less on its Fast Starters list.

In the property category, buyer’s agency catering to the defence community Strike Property has made it into the top 20, taking out 15th place with 483.83 per cent growth during the past two full financial years.

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ABOUT THE AUTHOR


Juliet Helmke

Based in Sydney, Juliet Helmke has a broad range of reporting and editorial experience across the areas of business, technology, entertainment and the arts. She was formerly Senior Editor at The New York Observer.

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