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RP Data Property Market Indicator Summary

All data to week ending 16 June 2013


Capital city home value changes
Capital city Sydney Melbourne Brisbane* Adelaide Perth Combined 5 capitals Weekly change 0.9% 0.6% 0.2% 0.1% 0.3% 0.6% Monthly Yr to date change change 0.0% 2.5% -2.4% -0.5% -0.1% 0.4% -0.2% 0.4% 2.7% 5.0% -0.4% 1.4% Annual change 3.9% 1.8% 0.6% 0.3% 7.6% 3.0%

Daily change in dwelling values across five combined capitals


620 600 580 560 540

520
500 480 Jun 10

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

Dec 10

Jun 11

Dec 11

Jun 12

Dec 12

Jun 13

Results are based on the 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 76.3% 69.3% 38.0% 40.7% 23.5% 14.3% 51.5% 65.7% 563 861 180 65 35 9 38 1,751 RP Data auction results 443 747 108 54 17 7 33 1,409
90%

Cleared Uncleared auctions auctions 338 518 41 22 4 1 17 941 105 229 67 32 13 6 16 468

80% 70% 60%

50%
40% 30% 20%

10%
0% Jun 09 Dec 09 Jun 10 Dec 10 Jun 11 Dec 11 Jun 12 Dec 12 Jun 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.

Capital city properties listed for sale*


Capital city No of new 12 mth No of total 12 mth listings change (%) listings change (%) Sydney 5,527 -12.7% 22,030 -33.6% Melbourne 6,336 -6.5% 33,193 -11.7% Brisbane 3,095 -17.2% 20,072 -19.2% Adelaide 1,625 -14.1% 9,425 -11.9% Perth 3,741 6.6% 13,889 -17.5% Hobart 333 -14.6% 2,867 -14.1% Darwin 225 -15.1% 1,005 -6.2% Canberra 563 14.0% 2,659 4.2% Combined capitals 21,445 -8.3% 105,140 -19.2%

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 Jun-07 Jun-08 Jun-09 Jun-10 Jun-11 Jun-12 Jun-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.

Capital city private treaty median prices


Capital city Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra Combined Capitals HOUSES Number Median of Sales price 1,378 722 377 394 471 50 14 61 3,467 $616,000 $440,000 $448,000 $382,250 $505,000 $290,000 $562,000 $500,000 $512,476 UNITS Number Median of Sales price 1,026 343 94 87 158 19 36 18 1,781 $515,000 $392,000 $410,000 $315,000 $420,500 $250,000 $467,500 $420,000 $462,869

Median house and unit prices


$700,000 Houses Units

$616,000

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

$515,000

$505,000

$562,000

$440,000

$448,000

$420,500

$467,500

$500,000

$392,000

$410,000

$315,000

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

$382,250

$290,000

$0
Sydney Melbourne Brisbane Adelaide Perth Hobart 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.

$250,000

$420,000

RP Data Property Market Indicator Summary


All data to week ending 16 June 2013
To access detailed analysis of some of these key indicators on a suburb level, please log into your RP Professional System or contact our sales department on info@rpdata.com. Alternatively, ring 1300 734 318 to subscribe to RP Datas market trend service rp.suburb.scorecard.

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. -5.8% -8.7% -7.6% -7.5% -4.4% -11.8% N/A -3.6% Avg TOM UNITS Avg Vendor Disc. -4.5% -4.9% -5.3% -8.1% -4.2% -12.2% -4.8% -3.3%

Time on market
120 days Houses 100 days Units 0%

Vendor discounting
-1%
102 days
-2% -3%

0.0%

-4.5%

-4.4%

-4.2%

35 days 46 days 66 days 72 days 54 days 82 days 65 days 38 days

34 days 52 days 73 days 74 days 56 days 102 days 82 days 58 days

82 days

82 days

80 days

-5% -6% -7%

73 days

72 days

74 days

-5.8%

-5.3%

-4%

-4.9%

66 days

-7.6%

-7.5%

56 days

58 days

52 days

54 days

-8%

40 days

46 days

-9%
-11.8%
-10% -11%

35 days

34 days

38 days

-8.7%

60 days

65 days

-8.1%

20 days

-12%
-13% Houses
Sydney

Units
Adelaide Perth Hobart Darwin Canberra

days
Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra

-14%
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 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.

Mortgage market activity


Region Index value National 108.4 NSW 108.8 QLD 107.3 SA 80.6 TAS 48.2 VIC 114.5 WA 118.6 Month on month change 0.8% 3.5% -10.2% -13.3% 3.6% 4.0% -8.6% Month on month change (seas adj) 0.5% 0.8% -1.1% -1.0% 5.2% 2.1% 2.0%

RP Data Mortgage Index - RMI


180 160

140
120 100

80
60 40 20 RP Data Mortgage Index RP Data Mortgage Index (seas adj)

0 Jun 09

Dec 09

Jun 10

Dec 10

Jun 11

Dec 11

Jun 12

Dec 12

-12.2%

-4.8%

Jun 13

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 292.2 NSW 347.5 QLD 236.5 SA 266.0 TAS 134.8 VIC 250.3 WA 434.3 Month on month change -2.2% -3.6% -4.7% -1.5% 13.0% -3.0% 7.6% Month on month change (seas adj) -0.2% -0.3% -1.1% -2.8% 0.9% 0.3% 3.6%

RP Data Listings Index - RLI


350 300 250

200
150 100 50 0 Jun 09

Dec 09

Jun 10

Dec 10

Jun 11

Dec 11

Jun 12

Dec 12

Jun 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 Datas real estate data platform, shows a 75% correlation with the number of new listings about to enter the market.

-3.6%

-3.3%

RP Data Property Market Indicator Summary


All data to week ending 16 June 2013
To access detailed analysis of some of these key indicators on a suburb level, please log into your RP Professional System or contact our sales department on info@rpdata.com. Alternatively, ring 1300 734 318 to subscribe to RP Datas market trend service rp.suburb.scorecard.
To access the individual properties, click on the link below each image. You will need to log into RP Professional, and once logged in the links will open the RP Professional detail page for that property.

Top ten sales over the past week

40 Linden Way, Castlecrag, NSW 4 bed, 3 bath, 4 car house $5,100,000 Richardson & Wrench Castlecrag

14 Edward Street, Kew, Vic 4 bed, 2 bath, 2 car house $2,880,000 Marshall White Real Estate

13 Lewis Street, Balgowlah Heights, NSW 4 bed, 3 bath, 2 car house $2,755,000 Richardson & Wrench Seaforth

42 Baileys Road, Ashgrove, Qld 5 bed, 4 bath, 2 car house $2,750,000 Space Property Agents

1 Norman Avenue, South Yarra, Vic 4 bed, 2 bath house $2,715,000 Jellis Craig Bennison Mackinnon

24 Cottenham Avenue, Kensington, NSW 4 bed, 3 bath, 3 car house $2,700,000 GoodyerDonnelley Real Estate

1203/102 Alfred Street, Milsons Point, NSW 4 bed, 2 bath, 2 car unit $2,695,000 McGrath Estate Agents Neutral Bay

148 Kooyong Road, Toorak, Vic 5 bed, 2 bath, 3 car house $2,692,000 Marshall White Real Estate Armadale

23/18 College Street, Darlinghurst, NSW 2 bed, 3 bath, 1 car unit $2,650,000 Laing Real Estate

28 Courallie Road, Northbridge, NSW 4 bed, 3 bath, 4 car house $2,520,000 McGrath Estate Agents Neutral Bay

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

8 Goodsir Place, Chisholm, ACT 3 bed, 2 bath, 1 car house $420,000 L J Hooker Tuggeranong
24 days on the market Listing price undisclosed Held for 14.1 years Average annual growth of 6.9%

23 Moolcha Street, Mayfield, NSW 3 bed, 1 bath, 2 car house $450,000 Dowling Real Estate Mayfield
20 days on the market Offers over $435,000 Held for 11.7 years Average annual growth of 9.5%

14 Ellery Drive, Larapinta, NT 3 bed, 1 bath, 4 car house $438,000 L J Hooker Alice Springs
57 days on the market -0.3% vendor discounting Held for 8 years Average annual growth of 8.8%

11 Prospect Court, Robina, Qld 4 bed, 2 bath, 2 car house $544,000 RE/MAX Regency Robina
65 days on the market -0.9% vendor discounting Held for 8.4 years Average annual growth of 1.9%

South Australia

Tasmania

Victoria

Western Australia

15 Tarcowie Street, Kilkenny, SA 3 bed, 1 bath, 2 car house $420,000 Harcourts Glynde
90 days on the market -4.5% vendor discounting Held for 17.1 years Average annual growth of 8.2%

209 Churchill Avenue, Sandy Bay, Tas 3 bed, 1 bath, 2 car house $475,000 Harcourts Hobart
108 days on the market Offers over $510,000 Held for 5.3 years Average annual growth of 1.0%

60 Streitbergs Road, Darnum, Vic 4 bed, 2 bath, 2 car house $522,000 Sally J Real Estate Warragul
55 days on the market -5.1% vendor discounting Held for 8.9 years Average annual growth of 3.7%

18 Elliot Place, Thornlie, WA 4 bed, 2 bath, 2 car house $503,000 Professionals Property Plus Thornlie
49 days on the market Offers over $510,000 Held for 5.6 years Average annual growth of 1.6%

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

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