CoreLogic Property Market Indicator Summary

All data to week ending 5 June 2016

Auction clearance rate maintains strength over first week of winter
The preliminary auction clearance rate nudged higher over the first week of winter, however the number of auctions dipped compared with the
previous week. There were 1,953 auctions held over the week, down from 2,480 last week, however higher than one year ago when 1,201
auctions were held and auction volumes were low due to the Queens birthday public holiday in all cities with the exclusion of Perth. Preliminary
results show that 70.4 per cent of capital city auctions held this week were successful, rising from a final result of 67.7 per cent last week. One
year ago, across the lower number of auctions, 78.5 per cent sold. Melbourne and Sydney, the two largest auction markets have maintained
strength this week, while across the remaining, significantly smaller auction markets, results have been more varied.

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

76.7%

654

510

391

119

88.7%

603

Melbourne

71.4%

959

809

578

231

80.3%

315

Brisbane

55.4%

129

92

51

41

48.5%

130

Adelaide

67.2%

98

61

41

20

71.2%

62

Perth

30.0%

28

10

45.9%

48

Tasmania

75.0%

40.0%

Canberra

46.8%

77

47

22

25

61.3%

38

Weighted
Average

70.4%

1,953

1,533

1,089

444

78.5%

1,201

Weekly clearance rate, combined capital cities

90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Jun 10

Jun 11

Jun 12

Weekly clearance rate, Melbourne

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

Jun 12

Jun 13

Jun 14

Jun 15

Jun 16

Weekly clearance rate, Sydney

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

Jun 11

Jun 12

Jun 13

Jun 14

Jun 15

Jun 16

Weekly clearance rate, Brisbane

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

Jun 15

Jun 16

Central Coast

38.5%

20

Baulkham Hills and Hawkesbury

70.0%

13

10

Blacktown

70.0%

15

10

City and Inner South

85.7%

60

49

Eastern Suburbs

84.9%

80

66

Inner South West

66.0%

65

53

Inner West

80.7%

69

62

North Sydney and Hornsby

83.6%

90

61

Northern Beaches

82.6%

60

46

Outer South West

n.a.

Outer West and Blue Mountains

n.a.

Parramatta

53.9%

38

26

Ryde

85.0%

48

40

South West

66.7%

42

33

Sutherland

72.7%

45

33

Inner

70.9%

180

151

Inner East

64.5%

128

121

Inner South

79.2%

152

125

North East

77.8%

111

99

North West

73.1%

80

67

Outer East

68.3%

79

60

South East

60.6%

84

71

West

76.4%

106

89

Mornington Peninsula

69.6%

36

23

66.7%

53

18

Wollongong

n.a.

21

Gold Coast

35.3%

46

17

Sunshine Coast

43.8%

30

16

Geelong

66.7%

22

12

Clearance
Total
rate
auctions

Melbourne sub-regions

Jun 11

Jun 12

Jun 13

Jun 14

Jun 15

Jun 16

Weekly clearance rate, Adelaide

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

Jun 14

CoreLogic
auction
results
13

Sydney sub-regions

Jun 11

Jun 13

Regional auction results

Hunter

Jun 11

Jun 12

Jun 13

Jun 14

Jun 15

Jun 16

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.

CoreLogic Property Market Indicator Summary

All data to week ending 5 June 2016
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

-0.3%

0.8%

7.4%

13.3%

Melbourne

0.0%

0.5%

4.9%

14.8%

Brisbane

-0.3%

-0.4%

2.1%

6.9%

Adelaide

-0.4%

-0.2%

4.4%

3.3%

Perth

-0.4%

-2.1%

-4.0%

-5.5%

Combined 5 capitals

-0.2%

0.2%

4.6%

10.2%

Capital city

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

780
760
740
720
700
680
660
640
620
600
580
560
540
520

Daily Index Value

Jun 13

Dec 13

Jun 14

Dec 14

Jun 15

Dec 15

Jun 16

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

6,821

-0.5%

21,388

28.8%

Melbourne

7,602

-0.2%

28,884

-1.1%

Brisbane

4,724

15.2%

20,228

8.2%

Adelaide

2,122

14.9%

8,490

11.8%

Perth

Capital city

4,098

11.1%

24,213

20.3%

Hobart

356

-1.4%

2,006

-28.4%

Darwin

180

-29.7%

1,696

9.8%

Canberra

510

11.4%

1,862

-4.4%

26,413

4.9%

108,767

10.4%

Combined capitals

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

Total listings

Jun 09

Jun 10

New listings

Jun 11

Jun 12

Jun 13

Jun 14

Jun 15

Jun 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.

$440,000

166

$291,000

Perth

992

$525,000

205

$425,000

Hobart

193

$338,000

37

$283,000

Darwin

51

$530,000

21

$403,000

Canberra

270

$600,000

107

$389,500

10,489

$635,742

4,083

$541,095

Combined Capitals

Sydney Melbourne Brisbane

Adelaide

Perth

Hobart

Darwin

$389,500

874

Units

$600,000

$387,500

Adelaide

$403,000

310

$530,000

$492,500

$338,000

1,608

$283,000

$491,500

Brisbane

$425,000

$671,666

1,560

$525,000

1,677

$610,000

$291,000

$857,000

3,460

$440,000

3,041

Melbourne

Houses

$387,500

Sydney

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

$492,500

Median
price

Capital city

$491,500

Number
of Sales

$610,000

UNITS

Median
price

$857,000

HOUSES
Number
of Sales

Median house and unit prices

$671,666

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 Professional
system or contact us on [email protected]. Alternatively, ring 1300 734 318 to subscribe to Market Trends

CoreLogic Property Market Indicator Summary

All data to week ending 5 June 2016
Capital city median time on market and
average vendor discounting results

-5.8%

43 days

-5.6%

Darwin

87 days

-10.1%

116 days

-15.5%

Canberra

32 days

-3.4%

56 days

-5.3%

40 days
30 days

20 days
10 days
days

Sydney Melbourne Brisbane

Adelaide

Perth

Hobart

Darwin

Canberra

-3.4%
-5.3%

52 days

-15.5%

Hobart

50 days

-5.6%

-7.8%

-10.1%

89 days

-5.8%

-7.0%

-7.8%

84 days

60 days

-7.0%

Perth

70 days

-7.0%

-7.0%

56 days

70 days

32 days

-5.8%

87 days

60 days

43 days

Adelaide

80 days

89 days

-5.3%

52 days

75 days

84 days

-5.3%

70 days

64 days

90 days
75 days

Brisbane

100 days

60 days

-4.9%

64 days

-4.7%

35 days

35 days

31 days

-4.6%

31 days

-5.4%

31 days

31 days

31 days

Melbourne

31 days

Sydney

0%
-1%
-2%
-3%
-4%
-5%
-6%
-7%
-8%
-9%
-10%
-11%
-12%
-13%
-14%
-15%
-16%
-17%

-5.3%

Units

110 days

-5.8%

Houses

120 days

-5.3%

130 days

-4.6%

Avg Vendor
Disc.

-4.7%

Median
TOM

-4.9%

UNITS

Avg Vendor
Disc.

-5.4%

Capital city

Average vendor
discounting

116 days

HOUSES
Median
TOM

Median time on market

Houses
Sydney

Units

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

144.8

10.2%

-0.1%

NSW

194.5

9.0%

0.0%

QLD

129.8

9.6%

-2.6%

SA

92.4

6.3%

-0.7%

TAS

91.3

16.9%

0.5%

VIC

161.1

11.9%

1.0%

WA

115.6

9.8%

-1.3%

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
Jun 12 Dec 12 Jun 13 Dec 13 Jun 14 Dec 14 Jun 15 Dec 15 Jun 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

Region

Index value

Month on month
change

Month on month
change (seas adj)

National

345.8

2.8%

-3.2%

NSW

394.6

1.3%

-2.5%

QLD

280.0

6.1%

-3.8%

SA

286.1

-2.5%

-7.3%

TAS

134.4

4.1%

-2.8%

VIC

439.6

2.3%

-1.4%

WA

342.6

3.3%

-4.8%

450
400
350
300
250
200
150
100
Listing Index
50
Jun 12 Dec 12 Jun 13 Dec 13 Jun 14 Dec 14 Jun 15 Dec 15 Jun 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.

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 [email protected]. Alternatively, ring 1300 734 318 to subscribe to Market Trends

CoreLogic Property Market Indicator Summary

All data to week ending 5 June 2016

Top ten sales over the past week

8/27 Billyard Avenue,
Elizabeth Bay, NSW
4 bed, 4 bath, 9 car unit
$8,550,000
Richardson & Wrench
Elizabeth Bay / Potts Point

2A Fortescue Street,
Chiswick NSW
5 bed, 3 bath, 2 car house
$4,900,000
McGrath Estate Agents

20 Llandilo Avenue,
Strathfiield, NSW
5 bed, 6 bath, 6 car house
$5,700,000
Strathfield Partners
Strathfield

90 Bay Street,
Mosman, NSW
3 bed, 3 bath, 2 car house
$4,325,000
Simeon Manners Property
Mosman

17 Woodward Avenue,
Strathfield, NSW
7 bed, 5 bath, 2 car house
$4,200,000
Strathfield Partners
Strathfield

89 Armstrong Street,
Middle Park, VIC
4 bed, 1 bath, 1 car house
$3,950,000
Cayzer Real Estate
Albert Park

124 Powlett Street,

East Melbourne, VIC
3 bed, 2 bath, 3 car house
$3,520,000
Jellis Craig
South Yarra

7 Culverston Avenue,
Denham Court, NSW
6 bed, 5 bath, 5 car house
$3,500,000
McGrath Estate Agents

27 Gibson Street,
Bronte, NSW
5 bed, 2 bath house
$3,490,000
Phillips Pantzer Donnelley
Woollahra

3 Plant Street,
Malvern, VIC
4 bed, 2 bath, 2 car house
$3,460,000
Jellis Craig
Malvern

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 [email protected]. Alternatively, ring 1300 734 318 to subscribe to Market Trends

CoreLogic Property Market Indicator Summary

All data to week ending 5 June 2016
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

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 [email protected]. Alternatively, ring 1300 734 318 to subscribe to Market Trends