RP Data Weekend Market Summary

All data to week ending 30 June 2013

Capital city home value changes
Capital city Sydney Melbourne Brisbane* Adelaide Perth Combined 5 capitals Weekly change 1.0% 1.6% 0.1% 0.0% -0.7% 0.8% Monthly Yr to date change change 2.7% 4.6% 2.7% 2.1% 0.6% 0.7% 0.5% 0.7% 1.2% 4.4% 2.0% 3.0% Annual change 5.6% 3.4% 0.9% 0.2% 6.0% 3.9%

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 72.8% 71.2% 50.5% 57.4% 42.1% 37.5% 64.7% 68.7% 588 705 120 63 31 9 32 1,548 RP Data auction results 511 598 95 47 19 8 17 1,295
90%

Cleared Uncleared auctions auctions 372 426 48 27 8 3 11 895 139 172 47 20 11 5 6 400

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 85% and 90% of auction results each week. Clearance rates are calculated across properties that have been taken to auction over the past week.

The auction clearance rate across the combined capital cities increased over the week, from 66.0 per cent last week to 68.7 per cent this week. There were a total of 1,548 auctions held across the capital cities over the week, compared to 1,655 the week prior. The clearance rate in Melbourne increased this week, from 68.1 per cent the previous week to 71.2 per cent. Across the city, 705 auctions were scheduled this week, compared to 820 last week. Sydney’s auction clearance rate was recorded up slightly from 71.9 per cent the previous week to 72.8 per cent this week, the third consecutive weekly clearance rate of above 70 per cent. On the other hand, the number of auctions across the city fell slightly from 593 last week to 588 this week. Over the final week of June last year, the auction clearance rate was recorded at 50.8 per cent across a total of 1,256 capital city auctions.

Capital city private treaty median prices
Capital city Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra Combined Capitals HOUSES Number Median of Sales price 1,668 1,034 457 511 603 56 14 73 4,416 $625,000 $441,750 $440,000 $399,000 $501,000 $285,000 $636,250 $535,000 $514,100 UNITS Number Median of Sales price 1,264 410 99 119 172 12 19 23 2,118 $515,000 $410,000 $415,000 $330,000 $419,100 $331,750 $480,000 $425,000 $469,488

Median house and unit prices
$700,000 Houses Units

$621,750

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

$575,000

$510,000

$499,000

$440,000

$449,500

$470,000

$533,750

$419,000

$402,000

$321,000

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

$395,000

$415,000

$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.

1

$280,000

$282,000

$422,500

RP Data Weekend Market Summary
All data to week ending 30 June 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. -6.5% -8.1% -8.0% -8.1% -5.5% -12.2% N/A -4.0% Avg TOM UNITS Avg Vendor Disc. -4.5% -6.8% -5.9% -6.9% -3.4% -9.6% -4.8% -2.9%

Time on market
140 days Houses 120 days 100 days Units

Vendor discounting
0%
138 days

-1%
-3.4%

0.0%

-2%
116 days

-4.5%

34 days 45 days 62 days 70 days 54 days 88 days 68 days 41 days

31 days 52 days 76 days 68 days 53 days 138 days 116 days 39 days

-6.5%

-6.8%

-5%
88 days
80 days

-5.9%

-6% -7%
68 days

-8.1%

-8.0%

76 days

70 days

68 days

62 days

54 days

45 days

52 days

53 days

-9%
41 days 39 days

40 days

-10%
-11% -12% -13% -14%
-12.2%

34 days

20 days
days

31 days

Houses
Sydney

Units
Adelaide Perth Hobart Darwin Canberra

Sydney

Melbourne Brisbane

Adelaide

Perth

Hobart

Darwin

Canberra

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 105.8 NSW 126.7 QLD 99.4 SA 77.0 TAS 73.4 VIC 112.3 WA 101.0 Month on month change -7.0% -3.8% -11.3% -3.3% -10.2% -8.3% -4.5% Month on month change (trend) 2.1% 1.8% 0.9% -1.0% -0.1% 4.0% 1.8%

RP Data Mortgage Index - RMI
180 160

140
120 100

80
60 40 20 RP Data Mortgage Index RP Data Mortgage Index (trend)

0 Jun 09

Dec 09

Jun 10

Dec 10

Jun 11

Dec 11

Jun 12

Dec 12

-9.6%

60 days

-8%

-8.1%

-6.9%

-5.5%

-4%

-4.8%

-3%

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 262.3 NSW 312.0 QLD 213.4 SA 233.0 TAS 122.8 VIC 222.6 WA 393.6 Month on month change -15.5% -16.9% -17.3% -19.0% 0.7% -16.2% -5.1% Month on month change (seas adj) -0.7% -1.1% -1.7% -3.4% 1.2% -0.1% 4.1%

RP Data Listings Index - RLI
350 300 250

200
150 100 50 0 Jun 09

*RP Data ‘s Listings Index will be updated on Monday with preliminary data for the week ending 30 June 2013 unavailable at the time of publishing.

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

2

-4.0%

-2.9%

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