RP Data Property Market Indicator Summary

All data to week ending 10 March 2013

Capital city home value changes
Weekly Monthly Yr to date Annual change change change change Sydney 0.8% 1.0% 2.7% 3.6% Melbourne 0.7% 2.9% 2.7% -0.2% Brisbane* 1.4% 1.3% 2.3% 1.7% Adelaide -0.4% -0.9% -0.7% -0.9% Perth 1.3% 1.0% 2.5% 5.7% Combined 5 capitals 0.8% 1.5% 2.4% 2.1% *Brisbane results are for the combined Brisbane and Gold Coast region. Capital city

Daily change in dwelling values across five combined capitals
620 600

580
560 540 520

500
480 10/03/10

10/09/10

10/03/11

10/09/11

10/03/12

10/09/12

10/03/13

Results are based on the daily RP Data-Rismark Daily Home Value Index. http://www.rpdata.com/research/daily_indices.html.

Further information and daily updates on the index results are available from

Capital city private treaty median prices
Capital city Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra Combined Capitals HOUSES Number Median of Sales price 1,048 798 396 458 583 41 19 88 3,431 $600,000 $435,000 $430,000 $387,750 $477,500 $382,500 $585,000 $501,500 $487,645 UNITS Number Median of Sales price 762 292 100 117 156 13 10 43 1,493 $488,000 $390,000 $372,000 $295,000 $400,000 $290,000 $465,000 $408,000 $432,562

Median house and unit prices
$700,000

Houses
$600,000 $585,000

Units

$600,000

$488,000

$477,500

$435,000

$430,000

$390,000

$387,750

$400,000

$300,000 $200,000

$372,000

$295,000

$382,500

$100,000
$0 Sydney Melbourne Brisbane

Adelaide

Perth

Hobart

$290,000

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.

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. -6.6% -6.9% -9.4% -7.6% -5.7% -9.7% -4.1% -4.1% Avg TOM UNITS Avg Vendor Disc. -4.9% -5.8% -7.4% -7.0% -4.8% -6.3% -4.4% -2.5%

Time on market
100 days Houses 90 days 80 days Units 0.0% -1.0%

Vendor discounting
87 days
-2.5%

89 days

86 days

85 days

86 days

83 days

-2.0%

76 days

77 days

-4.1%

50 days 71 days 83 days 85 days 65 days 86 days 76 days 44 days

38 days 67 days 89 days 86 days 71 days 64 days 87 days 77 days

71 days

71 days

67 days

65 days

60 days

64 days

-4.0% -5.0%

-4.9%

50 days

44 days

-6.9%

38 days

-7.4%

40 days
30 days 20 days

-7.0% -8.0%

-9.4%

-7.6%

-7.0%

-6.0%

-6.6%

10 days
days
Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra

-9.0%
Houses -10.0%
Sydney Melbourne

Units
Brisbane Adelaide Perth

-9.7%

Hobart

-6.3%

50 days

-5.8%

-5.7%

-4.8%

Darwin

-4.4%

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 RP Data 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.

Capital city auction statistics (preliminary)
City Sydney Melbourne Brisbane Adelaide Perth Tasmania Northern Territory Canberra Weighted Average Clearance Total rate auctions 71.4% 62.9% 45.3% 62.2% 50.0% 0.0% 40.0% 52.6% 64.5% 532 227 99 71 34 4 7 28 1,002 RP Data auction results 353 186 53 45 12 2 5 19 675 Cleared Uncleared auctions auctions 252 117 24 28 6 0 2 10 439 101 69 29 17 6 2 3 9 236

Weekly clearance rate, combined capital cities
90.0% 80.0%

70.0%
60.0% 50.0% 40.0% 30.0%

20.0%
10.0% 0.0% Mar-09 Sep-09 Mar-10 Sep-10 Mar-11 Sep-11 Mar-12 Sep-12 Mar-13

The above results are preliminary, with ‘final’ auction clearance rates published each Thursday. RP Data, 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.

DISCLAIMER In compiling this publication, rpdata.com has relied upon information supplied by a number of external sources and RP Data does not warrant its accuracy or completeness. To the full extent allowed by law RP Data excludes all liability for any loss or damage suffered by any person or body corporate arising from or in connection with the supply or use of any part of the information in this publication. RP Data recommends that individuals undertake their own research and seek independent financial advice before making any decisions. © 2012 RP Data Ltd.

-4.1%

70 days

-3.0%

$408,000

$400,000

$465,000

$501,500

$500,000

RP Data Property Market Indicator Summary
All data to week ending 10 March 2013

Capital city properties listed for sale*
Capital city No of new 12 mth No of total 12 mth listings change (%) listings change (%) Sydney 7,988 -13.7% 29,832 -9.7% Melbourne 9,148 2.0% 40,650 8.7% Brisbane 4,015 -29.3% 24,080 -15.3% Adelaide 2,508 -3.9% 11,268 -0.7% Perth 4,638 0.0% 16,931 -5.4% Hobart 559 -9.3% 4,138 -9.5% Darwin 308 6.6% 1,103 -5.2% Combined caps 29,970 -8.4% 131,486 -3.3%

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 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-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 RP Data is currently updating the ACT listings database, as a result the ACT figures have been withheld. The new data for the ACT is scheduled for release early in 2013.

Mortgage market activity
Region Index value National 100.7 NSW 102.2 QLD 103.5 SA 80.4 TAS 77.4 VIC 102.6 WA 107.3 Month on month change 29.0% 33.1% 18.0% 17.8% 62.4% 30.7% 23.9% Month on month change (seas adj) 1.5% -2.4% 0.4% 1.3% 3.4% -0.1% 0.0%

RP Data Mortgage Index
140 120

100
80 60 40

20
0 Mar 09 RP Data Mortgage Index RP Data Mortgage Index (seas adj)

Sep 09

Mar 10

Sep 10

Mar 11

Sep 11

Mar 12

Sep 12

Mar 13

RP Data facilitates more than 100,000 residential property valuations every month for the financial services sector via the RP Data valuations platform. Monitoring the activity events across this platform provides a unique and timely insight about how many housing finance applications are being prepared by Australia’s lending institutions. 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 share of market (RP Data is managing the valuations for more than 90% of all banking sector residential valuation instructions), the Mortgage Index provides the most timely and holistic measure of mortgage market activity available.

New listings activity
Region Index value National 309.7 NSW 370.2 QLD 264.3 SA 303.1 TAS 126.3 VIC 266.1 WA 372.7 Month on month change 4.6% 4.9% 7.9% 3.2% 16.3% 2.2% -4.0% Month on month change (seas adj) 5.5% 5.7% 5.6% 2.4% -0.1% 6.0% 7.1%

RP Data Property Index
350

300
250 200 150 100

50
0 Mar 09

Sep 09

Mar 10

Sep 10

Mar 11

Sep 11

Mar 12

Sep 12

Mar 13

The RP Data Property Index provides a lead indicator for the number of residential dwellings that are being prepared for sale across the Australian housing market. The index, which tracks the flow of metadata across RP Data’s real estate data platform, shows a 75% correlation with the number of new listings about to enter the market.

DISCLAIMER In compiling this publication, rpdata.com has relied upon information supplied by a number of external sources and RP Data does not warrant its accuracy or completeness. To the full extent allowed by law RP Data excludes all liability for any loss or damage suffered by any person or body corporate arising from or in connection with the supply or use of any part of the information in this publication. RP Data recommends that individuals undertake their own research and seek independent financial advice before making any decisions. © 2012 RP Data Ltd.

RP Data Property Market Indicator Summary
All data to week ending 10 March 2013
Top ten sales over the past week

4 Lachlan Avenue, Sylvania Waters, NSW 5 bed, 4 bath, 3 car house $3,470,000 Ray White Sylvania Waters

35 Upper Fairfax Road, Mosman, NSW 4 bed, 3 bath, 2 car house $3,050,000 McGrath Estate Agents Neutral Bay

1 Albany Street, Point Frederick, NSW 5 bed, 4 bath, 3 car house $2,950,000 L J Hooker Terrigal

18 Govett Street, Randwick, NSW 4 bed, 2 bath, 2 car house $2,900,000 Ray White Double Bay

36 Pauling Avenue, Coogee, NSW 5 bed, 3 bath, 2 car house $2,625,000 Raine & Horne Bondi Junction

53 Francis Street, Manly, NSW 4 bed, 3 bath, 1 car house $2,355,000 Cunninghams Property

158 Copeland Road East, Beecroft, NSW 4 bed, 3 bath, 2 car house $2,260,000 Century 21 Joseph Tan Real Estate

34 Park Road, Hunters Hill, NSW 4 bed, 3 bath,2 car house $2,200,000 McGrath Estate Agents Hunters Hill

18 Windsor Street, Paddington, NSW 4 bed, 3 bath house $2,175,000 McGrath Estate Agents Eastern Suburbs

2 Illawong Avenue, Tamarama, NSW 3 bed, 2 bath, 1 car house $2,110,000 McGrath Estate Agents Coogee

Value guide: recent sales around the states and territories $650,000 to $850,000
Australian Capital Territory New South Wales Northern Territory Queensland

115 Strickland Crescent, Deakin, ACT 3 bed, 2 bath, 2 car house $800,000 Luton Properties Manuka
97 days on the market -3.5% vendor discounting Held for 7.3 years Average annual growth of 5.3%

49 Hancock Drive, Cherrybrook, NSW 4 bed, 3 bath, 2 car house $840,000 Century 21 Joseph Tan Real Estate
169 days on the market -1.1% vendor discounting Held for 11.5 years Average annual growth of 4.3%

25 Mcaulay Street, Rosebery, NT 4 bed, 2 bath, 2 car house $660,000 Call2View Real Estate Palmerston
49 days on the market -2.8% vendor discounting Held for 4.3 years Average annual growth of 5.7%

33 Quinn Street, Toowong, QLD 3 bed, 1 bath, 1 car house $715,000 McGrath Estate Agents Paddington
9 days on the market -0.6% vendor discounting Held for 9.1 years Average annual growth of 8.6%

South Australia

Tasmania

Victoria

Western Australia

1 Queen Place, Moonta Bay, SA 3 bed, 2 bath, 2 car house $700,000 Century 21 Yorke Peninsula Moonta
69 days on the market -9.1% vendor discounting Held for 8.1 years Average annual growth of 1.5%

33 Birngana Avenue, Sandy Bay, TAS 4 bed, 3 bath, 2 car house $765,000 Harcourts Hobart
605 days on the market -3.2% vendor discounting Held for 11.7 years Average annual growth of 6.5%

296 Tooronga Road, Glen Iris, VIC 3 bed, 2 bath, 21car house $750,000 Bennison Mackinnon Armadale
39 days on the market -5.7% vendor discounting Held for 14.0 years Average annual growth of 11.1%

9 Diamond Avenue, Ocean Reef, WA 4 bed, 2 bath, 3 car house $770,000 Century 21 Gold Key Real Estate
41 days on the market Listing price: $769,000 - $799,000 Held for 9.0 years Average annual growth of 6.2%

Properties included in the above analysis have been reported to RP Data 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
DISCLAIMER In compiling this publication, rpdata.com has relied upon information supplied by a number of external sources and RP Data does not warrant its accuracy or completeness. To the full extent allowed by law RP Data excludes all liability for any loss or damage suffered by any person or body corporate arising from or in connection with the supply or use of any part of the information in this publication. RP Data recommends that individuals undertake their own research and seek independent financial advice before making any decisions. © 2012 RP Data Ltd.

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