Homely releases year end results for 2022, announces 35% annualised revenue growth, record site and app visits

Highlights from Homely’s 2022 calendar year end results

• YoY revenue growth 35%
• 24% increase in web and mobile visits compared to first half of 2022
• 34% increase in organic traffic
• 31.4% increase in direct enquiries compared with the same period in 2021
• 65.7% increase in signed in users across all platforms compared with the same period in 2021

Homely.com.au, one of the largest online real estate marketplaces in Australia, has announced its year end results for 2022 with an impressive 35% annualised revenue growth. 

Despite broader global economic challenges and uncertainty, Homely Group continues to deliver strong financial performance, reporting year on year revenue growth of 35% and an increase of 24% of visits to Homely mobile and web platforms. 

The result for the 2022 calendar year reflects Homely’s relentless focus on delivering value to customers and strength of the strategic alliances that Homely has established within the industry.

The portal also reported a 31.4% increase in direct enquiries on property listings up 18.5% on the previous six months and 65.7% increase in signed in users across all platforms compared with the same period in 2021 while maintaining a 4.7 star rating across Android and iOS apps. 

Homely Group Co-Founder and Co-CEO, Jason Spencer, said, “We are thrilled with our results this year and how the team has overcome the challenges posed by the market and economy. Homely Group continues to grow at an exceptional pace, and our recent record in audience growth is an indication of the need for our product in the market. These numbers show us both how far we’ve come and the direction we’re heading.”

Homely’s unique value proposition combines online real estate listings with local content, including street and suburb reviews and Q&A from real locals, making it easier for people to find their next home. 

Homely has a supporter base of over 655 influential principals, agents, and agency franchises. 

Co-Founder and Co-CEO Adam Spencer says, “Team Homely has always believed in the power of disruption and technology to drive change, especially in an industry that has been dominated by a few players for too long. This year will be a landmark for the Homely Group as we galvanise our partners, develop an exciting pipeline of new products, and continue to focus on delivering an impressive trajectory of revenue and company growth.” 

He concludes, “2023 will be a defining moment in our journey to revolutionise the Australian online real estate marketplace.”

About Homely

As one of Australia’s largest real estate marketplaces, Homely exists to redefine the way people find their home. The portal combines real estate listings from all over the country with unique local content including suburb reviews, street reviews and Q&A from real locals, helping people make better informed decisions when buying, renting or selling. Founded in 2014 by brothers Jason and Adam Spencer in Melbourne, Homely has grown into a large team of passionate designers, engineers, developers, marketing, product, sales and customer support people across the country. As the largest industry-backed portal in Australia, Homely delivers the cost-effective advertising alternative the real estate industry needs. The Homely app is available for download on the App Store and Google Play. Learn more about Homely here.