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rpdata Property Market Indicator Summary

All data to week ending 12 May 2013


Capital city home value changes
Capital city Sydney Melbourne Brisbane* Adelaide Perth Combined 5 capitals Weekly change 0.0% 0.6% -0.7% -0.8% 0.0% 0.0% Monthly Yr to date change change -0.2% 2.9% 0.8% 3.1% -0.6% 0.7% 0.6% 1.6% -1.6% 2.8% -0.1% 2.5% Annual change 5.5% 3.1% 2.0% 0.3% 5.0% 3.8%

Daily change in dwelling values across five combined capitals


620 600

580
560 540 520 500

*Brisbane results are for the combined Brisbane and Gold Coast region.

480 12/05/2010

12/11/2010

12/05/2011

12/11/2011

12/05/2012

12/11/2012

12/05/2013

Results are based on the daily rpdata-Rismark Daily Home Value Index. Further information and daily updates on the index results are available from http://www.rpdata.com/research/daily_indices.html.

Capital city auction statistics (preliminary) Weekly clearance rate, combined capital cities
City Sydney Melbourne Brisbane Adelaide Perth Tasmania Canberra Weighted Average Clearance Total rate auctions 71.0% 72.3% 43.1% 66.0% 40.0% 33.3% 35.7% 67.5% 506 784 117 55 30 17 36 1,545 RP Data auction results 400 674 72 47 20 15 28 1,256
90.0%

Cleared Uncleared auctions auctions 284 487 31 31 8 5 10 856 116 187 41 16 12 10 18 400

80.0%
70.0% 60.0%

50.0%
40.0% 30.0% 20.0%

10.0%
0.0% May-09 Nov-09 May-10 Nov-10 May-11 Nov-11 May-12 Nov-12 May-13

The above results are preliminary, with final auction clearance rates published each Thursday. rpdata, on average, collects between 80% and 85% of auction results each week. Clearance rates are calculated across properties that have been taken to auction over the past week.

Capital city properties listed for sale*


Capital city No of new 12 mth No of total 12 mth listings change (%) listings change (%) Sydney 6,723 -11.5% 28,458 -11.8% Melbourne 7,896 -2.5% 40,446 9.3% Brisbane 3,726 -15.5% 23,411 -15.5% Adelaide 2,175 -6.3% 11,194 -0.4% Perth 4,260 -1.6% 16,360 -8.8% Hobart 522 -1.1% 4,129 -9.9% Darwin 302 1.3% 1,216 1.9% Combined caps 26,397 -6.5% 128,859 -4.0%

Number of homes for sale, combined capital cities


160,000 140,000 New listings Total listings

120,000
100,000 80,000

60,000
40,000 20,000 0 May-07

May-08

May-09

May-10

May-11

May-12

May-13

These results are calculated across properties that have been advertised for sale over the past 28 days. A new listing is one which has not been advertised for sale over the past 6 months, total listings include new listings and properties which have been previously advertised. *Please note that rpdata is currently updating the ACT listings database, as a result the ACT figures have been withheld.

Capital city private treaty median prices


Capital city Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra Combined Capitals HOUSES Number Median of Sales price 1,130 745 473 391 550 46 15 79 3,429 $595,500 $431,000 $425,000 $400,000 $480,000 $337,550 $570,000 $510,000 $489,881 UNITS Number Median of Sales price 788 280 91 112 129 7 18 25 1,450 $474,000 $420,000 $352,500 $320,000 $417,500 N/A $481,250 $427,500 $436,026

Median house and unit prices


$700,000 Houses
$595,500
$600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 Sydney Melbourne Brisbane Adelaide Perth

Units

$570,000

$474,000

$431,000

$480,000

$481,250

$510,000

$420,000

$425,000

$352,500

$400,000

$417,500

$320,000

$337,550

Hobart

$0

Darwin

Canberra

Private treaty sales represent around 85% of all dwelling sales across the country. The statistics are calculated across houses and units sold over the most recent four week period. Records without a valid sale price have been excluded from the analysis and median prices are withheld for cities where fewer than ten sales have been recorded.

$427,500

rpdata Property Market Indicator Summary


All data to week ending 12 May 2013
Capital city average time on market and vendor discounting results
Capital city Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra Avg TOM HOUSES Avg Vendor Disc. -6.7% -8.7% -7.6% -7.7% -6.4% -9.7% -1.1% -8.2% Avg TOM UNITS Avg Vendor Disc. -4.5% -5.1% -6.8% -9.1% -3.1% N/A -3.9% -4.0%

Time on market
100 days Houses 90 days Units
0.0%

Vendor discounting
0.0% -3.1% -1.1% -3.9%

91 days

-1.0%

90 days

80 days
75 days

-2.0% -3.0%

37 days 46 days 75 days 76 days 56 days 66 days 63 days 35 days

32 days 55 days 72 days 68 days 61 days 74 days 91 days 90 days

76 days

74 days

72 days

70 days 60 days
55 days

68 days

66 days

63 days

56 days

61 days

46 days

-6.7%

40 days
37 days 32 days
30 days 20 days 10 days days
Sydney

-6.0%

-7.6%

-6.8%

35 days

-9.1%

-8.0%

-8.7%

-9.0%
Houses -10.0%
Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra

Units
Adelaide Perth

Sydney Melbourne Brisbane

-9.7%

Hobart

Darwin

Canberra

Time on market (TOM) is simply the average number of days between when a property is first listed for sale and the contract date. The rate of vendor discounting is the average percentage difference between the original listing price and the final selling price. The statistics are calculated across results received by rpdata over the past week and include properties transacted over the past four weeks. The data is based on private treaty sales only and records without a valid sale price have been excluded from the vendor discount analysis. The analysis also excludes results where there are less than 10 observations.

Mortgage market activity


Region Index value National 99.4 NSW 97.4 QLD 100.9 SA 84.0 TAS 57.6 VIC 110.6 WA 122.5 Month on month change 12.5% 8.2% 6.9% 14.4% -7.4% 13.9% 16.1% Month on month change (seas adj) 7.2% 7.3% 4.6% 5.1% 7.8% 10.2% 9.7%

RP Data Mortgage Index - RMI


140 120

100 80
60 40 20

0 May 09

RP Data Mortgage Index

RP Data Mortgage Index (seas adj)

Nov 09

May 10

Nov 10

May 11

Nov 11

May 12

Nov 12

May 13

rpdata systems monitor more than 100,000 mortgage activity events every month across our 4 main finance industry platforms. Monitoring the activity events across this platform provides a unique and timely lead indicator to housing finance commitments. The index shows an 81% correlation with the ABS housing finance data series (88% using the seasonally adjusted series). Based on the strong correlation and significant number of events being monitored, the Mortgage Index provides the most timely and holistic measure of mortgage market activity available.

New listings activity


Region Index value National 296.8 NSW 353.9 QLD 250.0 SA 270.8 TAS 118.3 VIC 254.6 WA 401.7 Month on month change 4.8% 4.0% 6.6% 2.7% -3.8% 5.3% 4.5% Month on month change (seas adj) 1.8% 2.0% 1.6% -0.8% 4.3% 1.8% 3.9%

RP Data Listings Index - RLI


350 300

250
200 150

100
50 0 May 09

Nov 09

May 10

Nov 10

May 11

Nov 11

May 12

Nov 12

May 13

The rpdata Listings Index provides a lead indicator for the number of residential dwellings that are being prepared for sale across the Australian housing market. rpdata customers account for over 70% of all listings in the Australian property market. The index, which tracks the flow of metadata across rpdatas real estate data platform, shows a 75% correlation with the number of new listings about to enter the market.

-8.2%

-7.0%

-7.7%

-6.4%

50 days

-5.0%

-5.1%

-4.0%

-4.5%

-4.0%

rpdata Property Market Indicator Summary


All data to week ending 12 May 2013
Top ten sales over the past week

19 Bancroft Avenue, Roseville, NSW 6 bed, 2 bath, 2 car house $3,700,000 McGrath Estate Agents

20 Cole Street, Brighton, Vic 5 bed, 4 bath, 4 car house $3,650,000 Hodges Brighton

4/54 Mont Albert Road, Canterbury, Vic 4 bed, 3 bath, 5 car house $3,250,000 Kay & Burton Hawthorn

203 George Street, East Melbourne, Vic 3 bed, 2 bath, 2 car house $3,230,000 Nelson Alexander Fitzroy

13 Bower Street, Manly, NSW 3 bed, 3 bath, 2 car house $3,000,000 Elders Manly

139 Bellevue Road, Bellevue Hill, NSW 6 bed, 4 bath, 3 car house $3,000,000 BresicWhitney Estate Agents

3 Matthews Court, Toorak, Vic 4 bed, 3 bath, 2 car house $2,770,000 RT Edgar Toorak

2 The Ridge, Canterbury, Vic 4 bed, 2 bath, 2 car house $2,410,000 Jellis Craig Hawthorn

14 Ryeburne Avenue, Hawthorne East, Vic 4 bed, 3 bath, 2 car house $2,400,000 Fletchers Real Estate Hawthorn

39B Armadale Street, Armadale, Vic 3 bed, 2 bath, 2 car house $2,250,000 Abercrombys Real Estate

Value guide: recent sales around the states and territories $300,000 to $500,000
Australian Capital Territory New South Wales Northern Territory Queensland

3 Wambo Close, Palmerston, ACT 2 bed, 1 bath, 1 car house $401,000 Luton Properties Kippax
49 days on the market Offers over $385,000 Held for 7.8 years Average annual growth of 5.8%

13 Zillah Street, Merrylands, NSW 3 bed, 1 bath, 3 car house $455,000 L J Hooker Granville
26 days on the market Sold at auction Held for 10.1 years Average annual growth of 2.2%

120/21 Cavenagh Street, Darwin, NT 1 bed, 1 bath, 1 car unit $311,000 Ray White Darwin
475 days on the market -1.3% vendor discounting Held for 2.7 years Average annual growth of 2.0%

72 Treeline Circuit, Upper Coomera, Qld 4 bed, 2 bath, 2 car house $458,000 Ray White Oxenford
111 days on the market -4.4% vendor discounting Held for 5.9 years Average annual growth of 16.6%

South Australia

Tasmania

Victoria

Western Australia

24 Budapest Road, Aberfoyle Park, SA 3 bed, 1 bath, 1 car house $315,000

Elders Aberfoyle/Flagstaff
8 days on the market On the market for $299,000 to $325,000 Held for 11.0 years Average annual growth of 7.7%

10 Skillion Road, Howrah, Tas 3 bed, 2 bath, 1 car house $365,000 Harcourts Northern Suburbs
84 days on the market Offers over $360,000 Held for 9.0 years Average annual growth of 17.6%

8 Hidden Valley Drive, Tarneit, Vic 4 bed, 2 bath, 2 car house $355,000 Raine & Horne Werribee
275 days on the market -8.7% vendor discounting Held for 5.5 years Average annual growth of 18.7%

26 Rankin Meander, Baldivis, WA 4 bed, 2 bath, 2 car house $495,000 Ray White Rockingham
109 days on the market Offers from $499,000 Held for 7.9 years Average annual growth of 4.6%

Properties included in the above analysis have been reported to rpdata in the past 7 days and sold within the last fortnight. The focus price range will rotate on a weekly basis. Thank you to our vast network of real estate professionals who assist us with aggregating these results. If you would like to ensure your recent sales are included within our database, please email your sales to our Recent Sales team: recentsales@rpdata.com

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