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I think this might answer your question. They are nowhere near as big as realestate.com.au ... they might have good listings in parts of Victoria, but in my focus suburbs (in Sydney and Adelaide), they had no listings at all, whereas there are currently dozens of properties on the market in...

Monopoly is never a good thing. I don't like realestate.com.au's price structure as it is, and there is certainly very little innovation in what they have to offer as a search engine. Now with an effective monopoly, there is even less incentive to innovate, and they can charge what they like.