CoreLogic Weekly Market Update Week Ending 2016 November 20

CoreLogic Property Market Indicator Summary
All data to week ending 20 November 2016

The combined capital city clearance rate remains above 70 per cent, despite auction volumes trending higher
There were 2,950 auctions held across the combined capital cities, with week-on-week results showing an increase over the 2,897 reported
capital city auctions last week. With the number of auctions tracking at the highest level since March, there has been no indication that clearance
rates are starting to ease as we approach summer. However, when compared to last year, auction volumes continue to track lower with vendors
still seemingly reluctant to place their properties on the market despite such strong selling conditions. There were 3,166 auctions reported over
the corresponding week last year, with a clearance rate of 59.5 per cent, which is a substantially lower rate of clearance when compared to the
higher rate that has remained consistent since July. This weeks preliminary clearance rate remains over 70.0 per cent (75.6 per cent),
decreasing slightly over last weeks final clearance rate of 75.8 per cent.
Capital city auction statistics (preliminary)

CoreLogic
Cleared Uncleared
auction
auctions auctions
results
Clearance
Total
rate
auctions
(last year) (last year)
Clearance
rate
Total
auctions
Sydney
Melbourne
Brisbane
Adelaide
81.2%
79.4%
47.5%
67.9%
1,064
1,299
260
135
853
1,118
160
84
693
888
76
57
160
230
84
27
56.7%
64.7%
41.0%
64.4%
1,116
1,510
226
145
Perth
Tasmania
Canberra
48.6%
60.0%
71.2%
72
11
109
35
5
66
17
3
47
18
2
19
31.3%
33.3%
61.8%
40
13
116
Weighted
Average
75.6%
2,950
2,321
1,781
540
59.5%
3,166
City
Weekly clearance rate, combined capital cities

90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Nov 10
Nov 11
Nov 12
Weekly clearance rate, Melbourne

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Nov 10
Sydney sub-regions
Nov 11
Nov 12
Nov 13
Nov 14
Nov 15
Nov 16
Weekly clearance rate, Sydney

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Nov 10
Nov 11
Nov 12
Nov 13
Nov 14
Nov 15
Nov 16
Weekly clearance rate, Brisbane

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Nov 10
Nov 14
Nov 15
Nov 11
Nov 12
Nov 13
Nov 14
Nov 15
Nov 16
Inner
Inner East
Inner South
North East
North West
Outer East
South East
West
Mornington Peninsula
69.4%
68.4%
70.6%
90.1%
89.8%
73.3%
89.2%
90.2%
88.3%
n.a.
n.a.
66.0%
82.4%
54.6%
81.4%
46
22
22
108
114
122
86
149
122
8
8
70
60
52
66
78.2%
77.7%
80.5%
76.2%
75.6%
84.6%
80.0%
83.9%
78.8%
253
158
209
133
89
93
146
159
56
211
139
169
126
86
78
125
149
33
67.4%
71.0%
54.8%
57.1%
85.3%
76
49
79
36
46
46
31
31
14
34
Regional auction results
Nov 11
Nov 12
Nov 13
Nov 14
Nov 15
Nov 16
Hunter
Wollongong
Gold Coast
Sunshine Coast
Geelong
Nov 16
CoreLogic
auction
results
36
19
17
91
88
101
74
112
94
6
5
50
51
44
59
Clearance Total
rate
auctions
Melbourne sub-regions
Weekly clearance rate, Adelaide

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Nov 10
Central Coast
Baulkham Hills and Hawkesbury
Blacktown
City and Inner South
Eastern Suburbs
Inner South West
Inner West
North Sydney and Hornsby
Northern Beaches
Outer South West
Outer West and Blue Mountains
Parramatta
Ryde
South West
Sutherland
Nov 13
1
The above results are preliminary, with final auction clearance rates published each Thursday. CoreLogic, 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.

Capital city home value changes
Daily home value index, 5 capital city aggregate
Weekly
change
Monthly
change
Yr to date
change
12 mth
change
Sydney
0.2%
1.2%
14.6%
12.9%
Melbourne
-0.8%
1.1%
11.5%
10.9%
Brisbane
-0.6%
0.7%
3.8%
5.2%
Adelaide
0.7%
2.5%
5.7%
3.6%
Perth
0.0%
0.5%
-5.9%
-4.2%
-0.2%
1.1%
9.7%
9.1%
Capital city
Combined 5 capitals
*Brisbane results are for the combined Brisbane and Gold Coast
region. The monthly change is the change over the past 28 days.
800
780
760
740
720
700
680
660
640
620
600
580
560
540
Daily Index Value
Nov 13
May 14
Nov 14
May 15
Nov 15
May 16
Nov 16
Results are based on the CoreLogic Daily Home Value Index. Further information and daily updates on the index results are available from
http://www.corelogic.com.au/research/daily-indices.html.
Number of homes for sale, combined capital cities
Capital city properties listed for sale

No of new
listings
12 mth
change (%)
No of total
listings
12 mth
change (%)
50,000
Sydney
8,508
-8.9%
22,552
-10.8%
40,000
Melbourne
10,238
-0.9%
31,637
-2.1%
Brisbane
5,029
9.6%
21,115
13.7%
Adelaide
2,492
-2.5%
8,597
3.0%
Perth
4,578
5.1%
24,386
19.1%
Hobart
490
-1.2%
1,800
-30.3%
Darwin
178
-19.8%
1,641
0.8%
Canberra
877
10.7%
2,228
-9.7%
32,390
-0.9%
113,956
2.0%
Capital city
Combined capitals
Total listings
New listings
30,000
20,000
10,000
0
Nov 09
Nov 10
Nov 11
Nov 12
Nov 13
Nov 14
Nov 15
Nov 16
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.
$430,000
143
$305,000
Perth
899
$515,000
151
$410,000
Hobart
160
$375,500
43
$262,500
Darwin
38
$530,000
18
$462,000
Canberra
226
$615,000
99
$399,000
10,668
$685,327
4,027
$580,041
Combined Capitals
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.
To access detailed analysis of some of these key indicators on a suburb level, please log into your CoreLogic Professional
system or contact us on info@corelogic.com.au. Alternatively, ring 1300 734 318 to subscribe to Market Trends
$399,000
798
Units
$615,000
$375,000
Adelaide
$530,000
301
$462,000
$505,000
$262,500
1,725
$375,500
$527,000
Brisbane
$515,000
$710,000
1,447
$410,000
1,825
$655,000
$305,000
$940,000
3,502
$430,000
3,320
Melbourne
Houses
$375,000
Sydney
Capital city
$1,000,000
$900,000
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
$505,000
Median
price
$527,000
Number
of Sales
$655,000
UNITS
Median
price
$710,000
HOUSES
Number
of Sales
Median house and unit prices

$940,000
Capital city private treaty median prices

Capital city median time on market and
average vendor discounting results
Average vendor
discounting
UNITS
-5.1%
51 days
-5.2%
Darwin
146 days
-9.6%
69 days
-9.2%
Canberra
24 days
-4.8%
56 days
-3.8%
Sydney Melbourne Brisbane
Adelaide
Perth
Hobart
-8%
-9%
Darwin
Canberra
-3.8%
34 days
-4.8%
Hobart
-7%
-9.2%
-8.3%
-9.6%
89 days
-5.1%
-6.8%
-5.2%
79 days
-6.8%
Perth
-6%
-8.3%
-6.1%
-5.7%
84 days
-6.1%
-5.7%
-4.9%
52 days
-5%
-6.1%
Adelaide
-4%
-3.5%
-6.1%
-4.8%
73 days
-4.3%
-4.9%
-4.4%
61 days
56 days
Brisbane
-3%
24 days
-4.8%
146 days
31 days
-2%
69 days
-3.5%
51 days
29 days
-1%
89 days
Melbourne
34 days
-4.4%
84 days
27 days
79 days
-4.3%
Units
73 days
26 days
0%
Houses
52 days
Sydney
150 days
140 days
130 days
120 days
110 days
100 days
90 days
80 days
70 days
60 days
50 days
40 days
30 days
20 days
10 days
days
61 days
Avg Vendor
Disc.
31 days
Median
TOM
29 days
Avg Vendor
Disc.
27 days
Capital city
Median
TOM
26 days
HOUSES
Median time on market
-10%
Houses
Units
-11%
Sydney
Melbourne Brisbane
Adelaide
Perth
Hobart
Darwin
Canberra
Time on market (TOM) is simply the middle 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 CoreLogic 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.
CoreLogic Mortgage Index
Mortgage market activity

Region
Index value
Month on month
change
Month on month
change (trend)
National
113.4
-11.4%
-0.7%
NSW
156.6
-9.8%
0.1%
QLD
107.0
-12.0%
-0.3%
SA
70.1
-12.6%
-2.7%
TAS
76.5
-12.6%
3.6%
VIC
119.5
-13.7%
-0.6%
WA
89.4
-7.2%
-2.1%
180
160
140
120
100
80
60
Mortgage Index
40
Mortgage Index (rolling three month trend)
20
ABS Owner Occupier housing finance commitments (monthly)
0
Nov 12 May 13 Nov 13 May 14 Nov 14 May 15 Nov 15 May 16 Nov 16
CoreLogic 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.
CoreLogic Listing Index
Listing market activity
400
Region
Index value
Month on month
change
Month on month
change (seas adj)
350
National
335.7
0.2%
0.9%
300
NSW
390.7
0.9%
1.1%
250
QLD
251.2
-2.1%
0.3%
SA
313.4
10.6%
4.9%
200
TAS
153.0
10.9%
2.6%
150
VIC
444.3
-2.8%
-0.1%
WA
321.0
0.9%
0.6%
100
Listing Index
50
Nov 12 May 13 Nov 13 May 14 Nov 14 May 15 Nov 15 May 16 Nov 16
The CoreLogic Listings Index provides a lead indicator for the number of residential dwellings that are being prepared for sale across the Australian housing
market. CoreLogic customers account for over 70% of all listings in the Australian property market. The index, which tracks the flow of metadata across
CoreLogics real estate data platform, shows a 75% correlation with the number of new listings about to enter the market.

Top two sales over the past week, states and territories
Australian Capital Territory

18 Besant St,
Pearce, ACT
5 bed, 2 bath, 2 car house
$1,440,000
Philip Kouvelis Real Estate
3 Carstensz St,
Griffith, ACT
$1,354,000
Belle Property Kingston
4 Darley Pl,
Darlinghurst, NSW
$6,500,000
Bresic Whitney - Darlinghurst
18 Wybalena Rd,
Hunters Hill, NSW
$5,975,000
McGrath Estate Agents
28 Douglas St,
Ludmilla, NT
$755,000
Real Estate Central Darwin
11 O'Brien Ct,
Driver, NT
$535,000
Elders Real Estate
Palmerston & Virginia
464 The Esplanade,

Palm Beach, QLD
$3,670,000
Ray White Mermaid Beach
19 Boolama Pl,
Mudgeeraba, QLD
$2,450,000
Harcourts Coastal
Broadbeach
New South Wales
Northern Territory
Queensland

Top two sales over the past week, states and territories
South Australia
56 Dulwich Ave,
Dulwich, SA
$1,350,000
Phil McMahon Real Estate Glenelg
227 Gover St,

North Adelaide, SA
$1,350,000
Harcourts Brock Estates
33 Leura St,
Rosny, Tas
$790,000
No Agent Property
23 Wayne Ave,
Sandy Bay, Tas
$749,000
No Agent Property
18 Soudan St,
Malvern, Vic
$4,240,000
Marshall White Real Estate
Armadale
4 Nola Ct,
Toorak, Vic
$4,000,000
Rodney Morley Toorak
14 Marapana Rd,
City Beach, WA
$1,600,000
Realmark West
1 Binns Ct,
North Fremantle, WA
$1,260,000
Caporn Young Estate
Agents - Fremantle
Tasmania
Victoria
Western Australia

About CoreLogic
CoreLogic Australia is a wholly owned subsidiary of CoreLogic (NYSE: CLGX), which is the largest property data and analytics
company in the world. CoreLogic provides property information, analytics and services across Australia, New Zealand and Asia, and
recently expanded its service offering through the purchase of project activity and building cost information provider Cordell. With
Australias most comprehensive property databases, the companys combined data offering is derived from public, contributory and
proprietary sources and includes over 500 million decision points spanning over three decades of collection, providing detailed
coverage of property and other encumbrances such as tenancy, location, hazard risk and related performance information.
With over 20,000 customers and 150,000 end users, CoreLogic is the leading provider of property data, analytics and related
services to consumers, investors, real estate, mortgage, finance, banking, building services, insurance, developers, wealth
management and government. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and
geo spatial services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate
risk. CoreLogic employs over 650 people across Australia and in New Zealand. For more information call 1300 734 318 or visit
www.corelogic.com.au
Disclaimers
In compiling this publication, RP Data Pty Ltd trading as CoreLogic has relied upon information supplied by a number of external
sources. CoreLogic does not warrant its accuracy or completeness and to the full extent allowed by law excludes liability in contract,
tort or otherwise, for any loss or damage sustained by subscribers, or by any other person or body corporate arising from or in
connection with the supply or use of the whole or any part of the information in this publication through any cause whatsoever and
limits any liability it may have to the amount paid to CoreLogic for the supply of such information.
Queensland Data
Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2016. In consideration
of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including
accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence)
for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct
marketing or be used in breach of the privacy laws.
South Australian Data
This information is based on data supplied by the South Australian Government and is published by permission. The South
Australian Government does not accept any responsibility for the accuracy or completeness of the published information or suitability
for any purpose of the published information or the underlying data.
New South Wales Data
Contains property sales information provided under licence from the Land and Property Information (LPI). CoreLogic is authorised
as a Property Sales Information provider by the LPI.
Victorian Data
The State of Victoria owns the copyright in the Property Sales Data which constitutes the basis of this report and reproduction of that
data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of
Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying
upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors,
faults, defects or omissions in the information supplied.
Western Australian Data
Based on information provided by and with the permission of the Western Australian Land Information Authority (2016) trading as
Landgate.
Australian Capital Territory Data
The Territory Data is the property of the Australian Capital Territory. No part of it may in any form or by any means (electronic,
mechanical, microcopying, photocopying, recording or otherwise) be reproduced, stored in a retrieval system or transmitted without
prior written permission. Enquiries should be directed to: Director, Customer Services ACT Planning and Land Authority GPO Box
1908 Canberra ACT 2601.
Tasmanian Data
This product incorporates data that is copyright owned by the Crown in Right of Tasmania. The data has been used in the product
with the permission of the Crown in Right of Tasmania. The Crown in Right of Tasmania and its employees and agents:
a) give no warranty regarding the data's accuracy, completeness, currency or suitability for any particular purpose; and
b) do not accept liability howsoever arising, including but not limited to negligence for any loss resulting from the use of or reliance
upon the data.
Base data from the LIST State of Tasmania http://www.thelist.tas.gov.au

CoreLogic Weekly Market Update Week Ending 2016 November 20

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CoreLogic Property Market Indicator Summary

All data to week ending 20 November 2016

Capital city auction statistics (preliminary)

Weekly clearance rate, combined capital cities

Weekly clearance rate, Melbourne

Weekly clearance rate, Sydney

Weekly clearance rate, Brisbane

Regional auction results

Weekly clearance rate, Adelaide

CoreLogic Property Market Indicator Summary

Daily home value index, 5 capital city aggregate

Daily Index Value

Number of homes for sale, combined capital cities

Capital city properties listed for sale

Sydney Melbourne Brisbane Adelaide

Median house and unit prices

Capital city private treaty median prices

CoreLogic Property Market Indicator Summary

Sydney Melbourne Brisbane

Median time on market

CoreLogic Mortgage Index

Mortgage market activity

CoreLogic Listing Index

Listing market activity

CoreLogic Property Market Indicator Summary

Australian Capital Territory

464 The Esplanade,

New South Wales

CoreLogic Property Market Indicator Summary

227 Gover St,

CoreLogic Property Market Indicator Summary

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