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RP Data Property Market Indicator Summary

All data to week ending 17 March 2013

Capital city home value changes


Weekly Monthly Yr to date Annual change change change change Sydney 0.5% 1.1% 3.2% 3.9% Melbourne 0.3% 2.7% 2.9% 0.2% Brisbane* 0.3% 2.1% 2.6% 1.8% Adelaide -0.4% -1.3% -1.1% -0.2% Perth 0.2% 1.6% 2.7% 5.8% Combined 5 capitals 0.3% 1.6% 2.7% 2.4% *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 17/03/2010

17/09/2010

17/03/2011

17/09/2011

17/03/2012

17/09/2012

17/03/2013

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 1,197 778 402 535 605 33 40 80 3,670 $600,000 $437,250 $448,500 $385,000 $480,000 $360,000 $585,000 $500,000 $493,279 UNITS Number Median of Sales price 825 274 103 122 166 11 19 36 1,556 $495,000 $400,000 $362,000 $294,000 $410,000 $290,000 $452,500 $417,000 $440,867

Median house and unit prices


$700,000

Houses

Units

$600,000

$600,000 $500,000 $400,000

$585,000

$495,000

$480,000

$437,250

$448,500

$452,500

$500,000

$400,000

$362,000

$385,000

$410,000

$300,000 $200,000
$100,000 $0

$294,000

$360,000

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% -7.7% -9.0% -7.9% -5.7% -8.2% -4.3% -4.8% Avg TOM UNITS Avg Vendor Disc. -4.6% -6.4% -7.8% -7.5% -5.0% -7.6% -5.2% -4.0%

Time on market
100 days Houses 90 days 80 days 70 days 60 days 50 days Units 0.0%

Vendor discounting
92 days
-1.0% -2.0%

88 days

81 days

86 days

80 days

87 days

79 days

43 days 64 days 81 days 86 days 63 days 87 days 56 days 42 days

34 days 57 days 88 days 80 days 63 days 51 days 92 days 79 days

-4.6%

-4.3%

64 days

63 days

63 days

-5.0%

57 days

56 days

51 days

-5.0%

43 days

42 days

40 days
30 days 20 days 10 days days

-6.0%
-7.0% -8.0% -9.0%

-6.6%

-6.4%

-7.5%

-5.7%

-7.7%

-7.8%

34 days

-7.9%

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

Units
Melbourne Brisbane Adelaide Perth 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 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 65.6% 66.0% 37.3% 50.0% 30.0% 37.5% 66.7% 42.9% 62.2% 647 928 108 82 26 15 5 45 1,856 RP Data auction results 381 798 75 54 10 8 3 28 1,357 Cleared Uncleared auctions auctions 250 527 28 27 3 3 2 12 852 131 271 47 27 7 5 1 16 505

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, collec ts 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.

-9.0%

-8.2%

-7.6%

-5.2%

-4.0%

-4.8%

-4.0%

-3.0%

$417,000

RP Data Property Market Indicator Summary


All data to week ending 17 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 7,874 -11.1% 30,168 -7.8% Melbourne 8,812 3.9% 40,576 9.7% Brisbane 3,941 -30.7% 24,288 -13.3% Adelaide 2,390 0.7% 11,196 -0.2% Perth 4,597 4.1% 16,864 -5.5% Hobart 544 -7.3% 4,133 -9.3% Darwin 291 -1.7% 1,104 -5.0% Combined caps 29,263 -6.6% 131,877 -2.1%

Number of homes for sale, combined capital cities


160,000 New listings Total listings

140,000
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 101.2 NSW 104.4 QLD 105.5 SA 79.0 TAS 70.2 VIC 100.5 WA 108.3 Month on month change 23.1% 28.0% 15.3% 11.0% 47.2% 21.8% 17.7% Month on month change (seas adj) 2.5% -0.2% 0.4% 1.4% 3.4% 0.8% 1.3%

RP Data Mortgage Index


140
120 100 80 60 40 20

0 Mar 09

RP Data Mortgage Index Sep 09 Mar 10

RP Data Mortgage Index (seas adj) 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 Australias 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 304.9 NSW 371.2 QLD 258.2 SA 292.4 TAS 127.3 VIC 254.3 WA 374.8 Month on month change 2.0% 4.2% 3.4% -1.0% 15.1% -2.4% -2.2% Month on month change (seas adj) 7.1% 7.7% 7.3% 3.1% 2.6% 7.0% 8.3%

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 Datas 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 17 March 2013
Top ten sales over the past week

2/9 Waiwera Street, Lavender Bay, NSW 4 bed, 3 bath, 2 car unit $5,600,000 McGrath Estate Agents

24 Bay Street, Brighton, Vic 5 bed, 3 bath, 6 car house $4,850,000 Buxton Real Estate Brighton

13 John Dykes Avenue, Vaucluse, NSW 4 bed, 3 bath, 3 car house $3,350,000 Laing + Simmons Double Bay

14 Gladstone Avenue, Mosman, NSW 4 bed, 3 bath, 3 car house $2,950,000 L J Hooker Mosman

3 Boorroo Street, Kangaroo Point, NSW 2 bed, 2 bath, 2 car house $2,630,000 McGrath Estate Agents

11 Wellesley Road, Hawthorn, Vic 4 bed, 3 bath, 2 car house $2,450,000 Marshall White Real Estate Armadale

50A Champion Road, Tennyson Point, NSW 4 bed, 4 bath, 2 car house $2,395,000 McGrath Estate Agents

48 Sackville Street, Maroubra, NSW 4 bed, 3 bath, 2 car house $2,360,000 Century 21 Coastline Properties

57 Tennyson Street, Elwood, Vic 4 bed, 2 bath, 2 car house $2,281,000 Hocking Stuart St Kilda

27 Kireep Road, Balwyn, Vic 5 bed, 4 bath, 3 car house $2,200,000 Jellis Craig Hawthorn

Value guide: recent sales around the states and territories $400,000 to $600,000
Australian Capital Territory New South Wales Northern Territory Queensland

69 Starke Street, Higgins, ACT 4 bed, 2 bath, 2 car house $430,000 Elders Belconnen
58 days on the market -6.5% vendor discounting Held for 8.1 years Average annual growth of 4.5%

69 The Park Chase, Valentine, NSW 4 bed, 2 bath, 2 car house $599,000 Creer Property Charlestown
16 days on the market Listing Price: $599,000 Held for 5.4 years Average annual growth of 1.9%

2 Terry Drive, Gunn, NT 3 bed, 2 bath, 2 car house $595,000 Advantage Real Estate Parap
216 days on the market -5.6% vendor discounting Held for 6.7 years Average annual growth of 18.9%

10 Phaeton Street, Upper Coomera, Qld 4 bed, 2 bath, 2 car house $475,000 Ray White Upper Coomera
34 days on the market -4.8% vendor discounting Held for 3.7 years Average annual growth of 20.6%

South Australia

Tasmania

Victoria

Western Australia

7 Charlesworth Court, Mile End, SA 3 bed, 2 bath, 1 car house $427,000 First National Lewis Prior
29 days on the market Sold at Auction Held for 11.1 years Average annual growth of 6.7%

37 Cordell Place, Turners Beach, Tas 3 bed, 2 bath, 2 car house $407,000 Ray White Burnie
381 days on the market -5.1% vendor discounting Held for 9.5 years Average annual growth of 22.3%

75 Factory Road, Callignee, Vic 4 bed, 2 bath, 3 car house $535,000 Latrobe First National Traralgon
49 days on the market -2.7% vendor discounting Held for 9.0 years Average annual growth of 9.0%

18 Ashmore Avenue, Canning Vale, WA 3 bed, 2 bath, 2 car house $580,000 Professionals Property Plus Canning Vale
150 days on the market Listing price: From $579,000 Held for 10.0 years Average annual growth of 17.1%

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.