CoreLogic RP Data Property Market Indicator Summary

All data to week ending 2 August 2015

Sydneys clearance rate below 80 per cent for the fourth week in a row, while Melbournes clearance rate is stronger compared to
last weeks low
So far this week, 1,494 capital city auction results have been reported to CoreLogic RP Data, resulting in a preliminary auction clearance
rate of 75.7 per cent across the combined capital cities. There were a total of 1,862 capital city auctions held this week. This weeks result
indicates that clearance rates are still tracking higher than they were one year ago, when the final auction clearance rate over the week was
68.9 per cent across 1,473 auctions.

Capital city auction statistics (preliminary)

Clearance
Total
rate
auctions

City

CoreLogic
RP Data
Cleared Uncleared
auction
auctions auctions
results

Clearance
Total
rate
auctions
(last year) (last year)

Sydney

78.8%

816

642

506

136

76.7%

588

Melbourne

76.8%

760

655

503

152

69.0%

636

Brisbane

60.6%

140

94

57

37

36.7%

96

Adelaide

71.9%

75

57

41

16

61.0%

95

Perth

43.8%

23

16

41.2%

20

Tasmania

33.3%

57.1%

10

Canberra
Weighted
Average

79.2%

40

24

19

61.5%

28

75.7%

1,862

1,494

1,135

359

68.9%

1,473

Weekly clearance rate, combined capital cities

90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Aug 09

Aug 10

Aug 11

Aug 12

Aug 13

Aug 14

Aug 15

The above results are preliminary, with final auction clearance rates published each Thursday. CoreLogic 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.

Weekly clearance rate, Melbourne

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Aug 09

Sydney sub-regions
Central Coast

Aug 10

Aug 11

Aug 12

Aug 13

Aug 14

Aug 15

Weekly clearance rate, Sydney

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Aug 09

Aug 11

Aug 12

Aug 13

Aug 14

Aug 15

Weekly clearance rate, Brisbane

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Aug 09

60.0%

27

20

Blacktown
City and Inner South

94.4%

20

18

83.5%

105

91

Eastern Suburbs

81.1%

65

53

Inner South West

87.0%

132

100

Inner West

92.0%

60

50

North Sydney and Hornsby

90.7%

108

86

Northern Beaches

71.4%

53

42

Outer South West

n.a.

Aug 10

Aug 11

Aug 12

Aug 13

Aug 14

n.a.

Parramatta

65.2%

63

46

Ryde

87.5%

28

16

South West

56.1%

76

57

Sutherland

57.1%

35

28

Inner

72.5%

130

120

Inner East

81.2%

94

85

Inner South

77.1%

136

109

North East

81.8%

89

77

North West

76.9%

55

39

Outer East

93.8%

56

48

South East

75.3%

83

77

West

73.4%

92

79

Mornington Peninsula

45.0%

24

20

Hunter

53.9%

23

13

Woollongong

64.9%

49

37

Gold Coast

47.7%

64

44

Sunshine Coast

76.5%

30

17

Geelong

81.8%

19

11

Melbourne sub-regions

Aug 15

Weekly clearance rate, Adelaide

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Aug 09

Baulkham Hills and Hawkesbury

Outer West and Blue Mountains

Aug 10

CoreLogic
Clearance
Total
RP Data auction
rate
auctions
results
72.0%
30
25

Regional auction results

Aug 10

Aug 11

Aug 12

Aug 13

Aug 14

Aug 15

CoreLogic RP Data Property Market Indicator Summary

All data to week ending 2 August 2015
Capital city home value changes

Daily home value index, 5 capital city aggregate

Weekly
change

Monthly
change

Yr to date
change

Annual
change

Sydney

0.8%

2.6%

12.8%

18.4%

Melbourne

0.7%

3.7%

10.9%

11.7%

Brisbane

0.0%

0.0%

1.7%

4.1%

Adelaide

0.5%

-0.5%

-0.2%

3.3%

Perth

1.2%

0.9%

-2.4%

0.2%

Combined 5 capitals

0.7%

2.2%

8.2%

11.4%

Capital city

*Brisbane results are for the combined Brisbane and Gold Coast
region. The monthly change is the change over the past 28 days.

740
720
700
680
660
640
620
600
580
560
540
520
500
480

Daily Index Value

Aug 12

Feb 13

Aug 13

Feb 14

Aug 14

Feb 15

Aug 15

Results are based on the CoreLogic RP Data 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 (%)

Sydney

7,783

23.7%

18,154

-4.9%

Melbourne

8,070

19.1%

27,082

-9.3%

Brisbane

4,198

13.4%

17,946

-0.8%

Adelaide

1,937

12.2%

7,349

-1.1%

Perth

3,465

-10.3%

19,678

17.2%

Capital city

Hobart

314

-5.4%

2,679

-7.0%

Darwin

219

-23.2%

1,573

21.8%

488

21.7%

1,920

-11.3%

26,474

13.2%

96,382

-1.2%

Canberra
Combined capitals

160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0

Total listings

Aug 08

Aug 09

New listings

Aug 10

Aug 11

Aug 12

Aug 13

Aug 14

Aug 15

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.

$400,500

146

$312,500

Perth

887

$540,000

186

$438,500

Hobart

173

$338,000

39

$280,000

Darwin

38

$588,500

31

$469,600

Canberra

209

$565,000

89

$405,000

9,838

$610,441

4,196

$538,865

Combined Capitals

Sydney Melbourne Brisbane

Adelaide

Perth

Hobart

Darwin

$405,000

726

Units

$565,000

$375,000

Adelaide

$469,600

351

$588,500

$470,000

$280,000

1,616

$338,000

$455,000

Brisbane

$540,000

$668,750

1,414

$438,500

1,940

$540,000

$312,500

$850,000

3,172

$400,500

3,017

Melbourne

Houses

$375,000

Sydney

$900,000
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0

$470,000

Median
price

Capital city

$455,000

Number
of Sales

$540,000

UNITS

Median
price

$850,000

HOUSES
Number
of Sales

Median house and unit prices

$668,750

Capital city private treaty median prices

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 RP Data
Professional system or contact us on [email protected]. Alternatively, ring 1300 734 318 to subscribe to our market
trend service Suburb Scorecard.

CoreLogic RP Data Property Market Indicator Summary

All data to week ending 2 August 2015
Capital city median time on market and
average vendor discounting results
UNITS

Adelaide

62 days

-5.8%

75 days

-6.7%

40 days

Perth

85 days

-6.4%

85 days

-7.6%

30 days

-4.2%

20 days

Darwin

86 days

-7.9%

80 days

-6.5%

10 days

70 days

86 days

80 days

85 days

76 days

85 days

75 days

67 days

38 days

37 days

33 days

38 days

32 days

-6.1%

33 days

-2.9%

70 days

-4%

-6%
-7%
-8%
Houses

days

Canberra

-3%

-5%

25 days

76 days

50 days

24 days

Hobart

63 days

60 days

-2.9%

-4.8%

Sydney Melbourne Brisbane

-5.2%

-5.2%

67 days

-6.5%

-5.6%

-4.2%

63 days

-2%

-7.9%

Brisbane

70 days

-6.1%

80 days

-4.7%

-6.4%

-3.9%

37 days

-7.6%

24 days

-4.9%

-6.7%

-4.0%

32 days

-1%

-4.8%

25 days

Melbourne

Units

-5.8%

Sydney

0%
Houses

90 days

-4.7%

100 days

-5.6%

Avg Vendor
Disc.

-3.9%

Median
TOM

-4.9%

Avg Vendor
Disc.

-4.0%

Median
TOM

Capital city

Average vendor
discounting

62 days

HOUSES

Median time on market

Adelaide

Perth

Hobart

Darwin

Canberra

Units

-9%
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 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.

CoreLogic RP Data Mortgage Index

Mortgage market activity

Region

Index value

Month on month
change

Month on month
change (trend)

National

137.7

-5.3%

0.6%

NSW

205.1

-2.1%

0.2%

QLD

120.0

-8.2%

0.5%

SA

83.9

-4.1%

-2.1%

TAS

84.1

-1.2%

2.5%

VIC

146.7

-5.4%

1.1%

WA

99.2

-7.4%

0.8%

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
Aug 11 Feb 12 Aug 12 Feb 13 Aug 13 Feb 14 Aug 14 Feb 15 Aug 15

CoreLogic 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.

CoreLogic RP Data Listing Index

Listing market activity

400
Month on month
change

Month on month
change (seas adj)

350

Region

Index value

National

331.7

0.2%

1.9%

300

NSW

405.5

-1.7%

2.9%

250

QLD

257.6

-0.9%

0.0%

SA

314.6

4.8%

1.6%

TAS

132.0

9.2%

3.5%

150

VIC

387.5

5.5%

4.2%

100

WA

303.7

-5.8%

0.0%

200

Listing Index
50
Aug 12
Feb 13

Aug 13

Feb 14

Aug 14

Feb 15

Aug 15

The CoreLogic 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. CoreLogic RP Data customers account for over 70% of all listings in the Australian property market. The index, which tracks the flow of
metadata across CoreLogic RP Datas real estate data platform, shows a 75% correlation with the number of new listings about to enter the market.

To access detailed analysis of some of these key indicators on a suburb level, please log into your CoreLogic RP Data
Professional system or contact us on [email protected]. Alternatively, ring 1300 734 318 to subscribe to our market
trend service Suburb Scorecard.

CoreLogic RP Data Property Market Indicator Summary

All data to week ending 2 August 2015

Top ten sales over the past week

148 Hastings Parade,

North Bondi, NSW
4 bed, 3 bath, 3 car house
$3,900,000
Raine & Horne
Double Bay

240 Glenmore Road,

Paddington, NSW
3 bed, 2 bath, 2 car house
$3,725,000
McGrath Estate Agents

29 Miramont Avenue,
Riverview, NSW
5 bed, 3 bath, 3 car house
$3,600,000
McGrath Estate Agents

1/46 Drummoyne Avenue,

Drummoyne, NSW
4 bed, 2 bath, 4 car unit
$3,570,000
Ward Partners

30 Craik Avenue,
Austral, NSW
6 bed, 2 bath, 4 car house
$3,230,000
Grandland Real Estate
Edmondson Park

1/9 George Street,

Dover Heights, NSW
3 bed, 3 bath, 4 car house
$3,210,000
Phillips Pantzer Donnelley

225 Belmore Road,

Balwyn North, Vic
4 bed, 4 bath, 5 car house
$3,200,000
L J Hooker
Box Hill

75 Pacific Road,
Palm Beach, NSW
4 bed, 3 bath, 2 car house
$3,150,000
Raine & Horne
Palm Beach

11 Sunlight Crescent,
Brighton East, Vic
4 bed, 4 bath, 2 car house
$3,120,000
Kay & Burton
Bayside

37 Hannan Street,
Maroubra, NSW
7 bed, 5 bath, 4 car house
$3,060,000
N G Farah Real Estate
Kingsford

To access detailed analysis of some of these key indicators on a suburb level, please log into your CoreLogic RP Data
Professional system or contact us on [email protected]. Alternatively, ring 1300 734 318 to subscribe to our market
trend service Suburb Scorecard.

CoreLogic RP Data Property Market Indicator Summary

All data to week ending 2 August 2015
About CoreLogic RP Data
CoreLogic RP Data is a wholly owned subsidiary of CoreLogic (NYSE: CLGX),which is the largest data and analytics company in the
world. CoreLogic RP Data provides property information, analytics and services across Australia and New Zealand and is currently
developing and growing partnerships throughout Asia.
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
11,000 customers and 120,000 end users, CoreLogic RP Data is the leading provider of property data, analytics and related services
to consumers, investors, real estate, mortgage, finance, banking, insurance, developers, wealth management and government.
CoreLogic RP Data delivers value to clients through unique data, analytics, workflow technology, advisory and geo spatial services.
Clients rely on CoreLogic RP Data to help identify and manage growth opportunities, improve performance and mitigate
risk. CoreLogic RP Data employs over 480 people at nine locations 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) 2015. 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 (2015) 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

To access detailed analysis of some of these key indicators on a suburb level, please log into your CoreLogic RP Data
Professional system or contact us on [email protected]. Alternatively, ring 1300 734 318 to subscribe to our market
trend service Suburb Scorecard.