Commonwealth Bank launches augmented reality real estate app

The Commonwealth bank has recently launched an app that will allow home buyers to easily see the sale history, median price, buying/selling conditions, property hotspots and capital growth trends. It also has videos, articles and home buying guides for first home buyers, renovators and investors. As you would expect the app is a big advertisement for the Commonwealth Bank and has tools to work out loans with them.

The main feature of this application is however the augmented reality of it, which you will need an iPhone 3GS or iPhone 4 to take advantage of. This feature allows you to hold up the phone and view whatever you are looking at  via the camera and overlay text and images on top. It uses this to great effect to show information about the house you are looking at, such as previous sale price.

The app itself looks and works well. It is a great way for the bank to leverage a new technology and build up some free press about themselves. Let me know in the comments below what you think of the app?

Commbank real estate iPhone app

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