Each month, we dig into data across property campaigns running nationally. This month, we ran an experiment that confirmed something we’ve long suspected — and the results were hard to ignore.
We deliberately paused Meta Ads on an active project while keeping all other platforms running — REA, Domain, Apartments.com, and AD Group. Brand bidding was also switched off across all platforms.
The result?
The campaign generated just 4-8 leads across all remaining platforms combined.
Without Meta in the mix, the pipeline effectively stopped.
What does this tell us?
Property portals are excellent at converting existing demand, but they rarely create it. Meta is the engine that generates awareness and intent upstream. When that engine stops, there isn’t enough demand flowing into the lower funnel for portals to convert.
This isn’t a Meta bias. It’s a funnel reality.
In short: Portals harvest demand. Meta creates it. Remove the creation layer, and the whole system underperforms.
We’ve been asked by several clients whether REA’s Audience Extension product is a genuine alternative to Meta.
Here’s what we know: REA Audience Extension feeds audience data into Meta’s own ad infrastructure via API. In practice, the targeting overlap is significant; you are largely reaching the same people you would be when running a standard Meta campaign.
We haven’t seen data from REA that demonstrates Audience Extension consistently outperforms standard Meta campaigns. If the concern is lead quality from Meta, shifting spend into Audience Extension is unlikely to solve it, as you’re targeting the same pool.
If the quality is not great, we recommend stopping Meta Lead Ads and running Website Conversion Ads. This will drive users to your website, creating an extra layer of research and intent before they enquire.
In short: We don’t advise on running both Audience Extension and Meta Ads, choose your lane. Running Meta Ads natively is cheaper and you have more control.
This month, we saw strong results from a pre-launch Meta campaign for a residential project in Melbourne. The campaign helped achieve the project’s appointment target for an exclusive pre-launch event, with the majority of attendees attributable to our ads.
What drove the results?
The takeaway for March: If you have renders available, especially interior renders, test them as standalone ad creative. We’re consistently seeing them outperform lifestyle imagery across multiple projects right now.
One of the most consistent gaps we see across property campaigns isn’t in lead generation; it’s in what happens after the lead comes in.
Based on our data:
That means the majority of your leads require an ongoing nurture journey, and most projects aren’t running one.
What a strong nurture journey looks like:
The projects that consistently outperform aren’t always the ones with the most leads; they’re the ones that stay in front of their pipeline the longest.
In property, the buyer journey can span 6–18 months. A lead today may convert next year. If you’re not nurturing, a competitor will be, and the result is that you lose a sale that your team could have landed.
We’ve been watching how leading agencies and property teams are using AI automation to become more efficient, and the results are compelling.
One area gaining serious traction is AI-powered scheduled tasks for both reporting and lead nurturing. Here’s what’s now possible:
Automated Monthly Reporting
AI tools can be configured to run on a schedule, pulling campaign data, generating performance summaries, and flagging optimisation opportunities automatically. With every output reviewed by a Paid Ads Specialist before actioning, combining automation with expert oversight for consistent, high-performing results.
Automated Lead Nurturing Sequences
Rather than relying on manual follow-up, scheduled AI tasks can:
Why this matters for property specifically:
Given the long lead cycles in property – often 6 to 18 months – consistent, automated nurturing is no longer a nice-to-have. It’s a structural competitive advantage.
The projects winning in 2026 aren’t just generating more leads. They’re systematically staying in front of their pipeline while competitors go quiet after the first phone call.
🤝 If you’re interested in exploring how AI-scheduled tasks could work for your project’s reporting or lead nurturing, We are happy to walk you through.
Based on current performance trends across the campaigns we manage:
As always, if you’d like a quick conversation about your current campaign performance or how any of this applies to your project — happy to share the stats that we’re seeing across the market.