rpdata Property Market Indicator Summary

All data to week ending 5 May 2013
For detailed analysis on property and mortgage market movements at a suburb, postcode or regional level contact customercare@rpdata.com, or your rpdata account manager on 1300 734 318

Capital city home value changes
Capital city Sydney Melbourne Brisbane* Adelaide Perth Combined 5 capitals Weekly change 0.0% 0.7% 0.4% -0.2% 1.1% 0.4% Monthly Yr to date change change -0.5% 2.9% 0.0% 2.5% -0.3% 1.4% 2.3% 2.4% -1.8% 2.8% -0.3% 2.5% Annual change 4.6% 2.3% 2.1% 1.7% 4.8% 3.3%

Daily change in dwelling values across five combined capitals
620 600 580 560 540

520
500 480 5/05/2010

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

5/11/2010

5/05/2011

5/11/2011

5/05/2012

5/11/2012

5/05/2013

Results are based on the daily RP Data-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 72.4% 70.4% 43.6% 55.8% 69.2% 16.7% 65.9% 67.3% 522 784 148 88 25 9 58 1,634 RP Data auction results 427 635 78 43 13 6 41 1,243
90.0%

Cleared Uncleared auctions auctions 309 447 34 24 9 1 27 851 118 188 44 19 4 5 14 392

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. 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.

Capital city properties listed for sale*
Capital city No of new 12 mth No of total 12 mth listings change (%) listings change (%) Sydney 6,757 -9.3% 28,484 -9.8% Melbourne 8,219 5.3% 39,985 9.2% Brisbane 3,781 -9.2% 23,313 -14.0% Adelaide 2,289 3.7% 11,186 2.4% Perth 4,512 9.3% 16,755 -3.7% Hobart 530 6.9% 4,138 -8.7% Darwin 319 16.0% 1,207 4.2% Combined caps 27,212 0.4% 128,650 -2.1%

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 1,256 633 487 340 513 39 32 81 3,381 $608,000 $445,000 $428,000 $411,000 $470,000 $330,750 $579,500 $487,500 $504,451 UNITS Number Median of Sales price 727 202 102 91 125 4 18 35 1,304 $480,000 $420,000 $395,500 $320,000 $390,000 N/A $486,000 $419,950 $441,302

Median house and unit prices
$700,000 Houses Units

$608,000

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

$579,500

$480,000

$445,000

$420,000

$428,000

$470,000

$486,000

$487,500

$395,500

$411,000

$200,000 $100,000

$320,000

$330,750

$300,000

$390,000

$0
Sydney Melbourne Brisbane Adelaide Perth

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.

1

$419,950

rpdata Property Market Indicator Summary
All data to week ending 5 May 2013
For detailed analysis on property and mortgage market movements at a suburb, postcode or regional level contact customercare@rpdata.com, or your rpdata account manager on 1300 734 318

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. -6.9% -8.0% -8.7% -8.4% -6.1% -7.5% -4.0% -8.0% Avg TOM UNITS Avg Vendor Disc. -5.3% -5.3% -6.5% -8.1% -2.3% N/A -3.9% -5.7%

Time on market
120 days Houses 100 days Units 0.0%

Vendor discounting
0.0% -2.3%

-1.0%
101 days

-2.0%
-3.0%

36 days 46 days 77 days 72 days 56 days 83 days 60 days 41 days

32 days 54 days 63 days 70 days 60 days 68 days 101 days 57 days

83 days

80 days

77 days

-5.3%

72 days

-5.3%

-4.0%

-4.0%

-3.9%

70 days

63 days

60 days

60 days

54 days

56 days

57 days

-6.0% -7.0% -8.0%

-6.9%

-6.5%

60 days

68 days

-6.1%

-5.0%

-7.5%

-8.0%

41 days

36 days

32 days

20 days

-9.0% -10.0% Houses Units
Adelaide Perth Hobart Darwin Canberra

days
Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra

-11.0%
Sydney Melbourne Brisbane

‘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 97.2 NSW 96.8 QLD 107.0 SA 96.9 TAS 60.5 VIC 106.7 WA 119.3 Month on month change 8.9% 5.4% 10.4% 33.6% 0.1% 13.0% 8.5% Month on month change (seas adj) 8.9% 9.3% 7.6% 8.3% 11.5% 11.7% 10.4%

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

-8.7%

May 12

-8.4%

40 days

46 days

-8.1%

Nov 12

RP Data 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 297.3 NSW 352.9 QLD 250.7 SA 275.2 TAS 120.5 VIC 253.1 WA 402.5 Month on month change 6.1% 3.3% 7.8% 7.6% 4.0% 8.0% 6.7% Month on month change (seas adj) 4.7% 5.4% 3.7% 2.4% 7.7% 5.0% 6.4%

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 RP Data Listings Index provides a lead indicator for the number of residential dwellings that are being prepared for sale across the Australian housing market. RP Data customers account for over 70% of all listings in the Australian property 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.

2

-8.0%

May 13

-5.7%

rpdata Property Market Indicator Summary
All data to week ending 5 May 2013
For detailed analysis on property and mortgage market movements at a suburb, postcode or regional level contact customercare@rpdata.com, or your rpdata account manager on 1300 734 318

Top ten sales over the past week

20 Wonga Road, Cremorne, NSW 2 bed, 1 bath house $4,925,000 McGrath Estate Agents Mosman

117 Avoca Drive, Avoca Beach, NSW 5 bed, 5 bath house $3,800,000 Raine & Horne Terrigal/Avoca Beach

17 Seymour Grove, Brighton, Vic 4 bed, 2 bath, 2 car house $3,400,000 Hodges Brighton

55A Gardyne Street, Bronte, NSW 4 bed, 3 bath house $3,320,000 GoodyerDonnelley Real Estate

1/21 Gaerloch Avenue, Tamarama, NSW 5 bed, 2 bath, 1 car house $3,100,000 McGrath Estate Agents

53 Hooper Street, Randwick, NSW 4 bed, 1 bath, 2 car house $2,800,000 Raine & Horne Double Bay

16 Henham Street, Hawthorn East, Vic 4 bed, 2 bath, 2 car house $2,670,000 RT Edgar Booroondara

16 Mermaid Avenue, Maroubra, NSW 5 bed, 2 bath, 1 car house $2,315,000 Ellison Zulian Property

26 Hillside Road, Newport, NSW 5 bed, 4 bath, 3 car house $2,200,000 L J Hooker Mona Vale

19 Augusta Street, Strathfield, NSW 5 bed, 5 bath, 2 car house $2,100,000 Strathfield Partners

Value guide: recent sales around the states and territories $600,000 to $800,000
Australian Capital Territory New South Wales Northern Territory Queensland

114 Lachlan Street, Macquarie, ACT 4 bed, 2 bath, 3 car house $658,000 Elders Belconnen
23 days on the market Sold at auction Held for 11.1 years Average annual growth of 7.9%

33 Blackwattle Place, Cherrybrook, NSW 4 bed, 2 bath, 1 car house $790,000 Louis Carr Real Estate

11 Ostermann Street, Coconut Grove, NT 3 bed, 2 bath, 2 car house $685,000 Advantage Real Estate

10 Raymond Close, Cornubia, Qld 4 bed, 2 bath, 4 car house $715,000 RE/MAX Territory Shailer Park
95 days on the market Offers over $699,000 Held for 10.0 years Average annual growth of 4.7%

162 days on the market Offers over $749,000 Held for 21.7 years Average annual growth of 10.1%

67 days on the market -4.2% vendor discounting Held for 2.4 years Average annual growth of 1.9%

South Australia

Tasmania

Victoria

Western Australia

19 Russell Street, Adelaide, SA 2 bed, 1 bath, 1 car house $610,000 Phillis Real Estate

88 Blowhole Road, Eaglehawk Neck, Tas 2 bed, 1 bath, 5 car house $620,000 George Self Property Hobart
42 days on the market Offers over $599,000 Held for 8.2 years Last sold for $655,000

6 Hope Street, West Footscray, Vic 2 bed, 2 bath, 4 car house $630,000 Jas H Stephens Yarraville
50 days on the market -2.3% vendor discounting Held for 7.3 years Average annual growth of 10.3%

17 Normandy Parade, Currambine, WA 3 bed, 2 bath, 2 car house $635,000 Property West Real Estate Joondalup
72 days on the market -0.6% vendor discounting Held for 12.9 years Average annual growth of 18.4%

80 days on the market On the market for $620,000 to $650,000 Held for 4.4 years Average annual growth of 2.2%

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

3