CoreLogic Property Market Indicator Summary

All data to week ending 4 December 2016

Capital city clearance rate remains strong for the first week of Summer at 75 per cent, while the number of auctions has fallen week-onweek
The combined capital city preliminary clearance rate rose this week to 75.0 per cent, up from last weeks final clearance rate of 73.0 per cent.
This weeks auction market results indicate that clearance rates are maintaining strength coming into summer, a trend that is very different
compared with last years performance when auctions clearance rates were tracking in the high 50 per cent to low 60 per cent range. The
number of properties taken to auction this week fell across the capital cities, with 3,173 reported auctions, down from 3,398 last week, which was
the second busiest week for auctions this year. In Melbourne and Sydney, the number of auctions held have decreased (1,410 and 1,158) while
across the smaller capital cities, auction volumes have increased over the week. Auction activity is expected to slow over the remaining weeks of
December, however the strong trend in clearance rates is showing no signs of easing.

Capital city auction statistics (preliminary)

Clearance
Total
rate
auctions

City

CoreLogic
Cleared Uncleared
auction
auctions auctions
results

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

Sydney
Melbourne
Brisbane
Adelaide

77.7%
79.3%
50.4%
64.4%

1,158
1,410
202
165

906
1,193
123
104

704
946
62
67

202
247
61
37

52.9%
63.3%
42.2%
60.0%

1,070
1,622
203
138

Perth
Tasmania
Canberra

67.3%
62.5%
63.8%

88
14
136

52
8
94

35
5
60

17
3
34

36.0%
18.2%
57.5%

81
15
123

Weighted
Average

75.0%

3,173

2,480

1,879

601

57.3%

3,252

Weekly clearance rate, combined capital cities

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

Dec 11

Dec 12

Dec 13

Dec 14

Weekly clearance rate, Melbourne

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

Sydney sub-regions

Dec 11

Dec 12

Dec 13

Dec 14

Dec 15

Dec 16

Weekly clearance rate, Sydney

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

Dec 11

Dec 12

Dec 13

Dec 14

Dec 15

Dec 16

Weekly clearance rate, Brisbane

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

Dec 11

Dec 12

Dec 13

Dec 14

Dec 15

Dec 16

Inner
Inner East
Inner South
North East
North West
Outer East
South East
West
Mornington Peninsula

74.2%
73.9%
67.9%
80.2%
85.4%
67.5%
84.3%
84.3%
88.9%
n.a.
n.a.
60.0%
85.2%
58.3%
77.8%

41
29
33
119
111
154
94
168
112
11
13
65
62
62
77

75.7%
78.2%
78.3%
88.6%
83.0%
80.7%
77.0%
78.8%
77.8%

281
158
220
166
97
105
130
173
78

222
147
184
140
88
88
113
146
63

63.0%
64.9%
57.7%
68.0%
87.5%

73
53
68
44
43

46
37
26
25
32

Regional auction results

Dec 11

Dec 12

Dec 13

Dec 14

Dec 15

Dec 16

Hunter
Wollongong
Gold Coast
Sunshine Coast
Geelong

Dec 16

CoreLogic
auction
results
31
23
28
91
82
120
83
121
90
8
8
50
54
48
63

Clearance
Total
rate
auctions

Melbourne sub-regions

Weekly clearance rate, Adelaide

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

Dec 15

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 4 December 2016
Capital city home value changes
Weekly
change

Capital city

Daily home value index, 5 capital city aggregate

Monthly
change

Yr to date
change

12 mth
change

Sydney

0.1%

0.4%

14.4%

13.0%

Melbourne

0.0%

-1.9%

10.1%

11.0%

Brisbane

-0.4%

-0.7%

3.3%

4.1%

Adelaide

0.0%

1.7%

6.3%

4.6%

Perth

0.6%

0.9%

-5.2%

-3.0%

0.0%

-0.3%

9.2%

9.2%

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

Dec 13

Jun 14

Dec 14

Jun 15

Dec 15

Jun 16

Dec 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

7,171

5.0%

21,470

-10.2%

40,000

Melbourne

8,759

4.7%

31,032

-2.1%

Brisbane

4,327

0.0%

20,609

14.5%

Adelaide

2,344

-1.7%

8,491

1.6%

Perth

4,387

9.7%

24,203

14.2%

Hobart

511

7.1%

1,828

-31.0%

Darwin

147

-0.7%

1,608

1.5%

Canberra

762

19.8%

2,206

-12.1%

28,408

4.6%

111,447

1.4%

Capital city

Combined capitals

Total listings

New listings

30,000

20,000
10,000
0
Dec 09

Dec 10

Dec 11

Dec 12

Dec 13

Dec 14

Dec 15

Dec 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

156

$307,500

Perth

905

$510,000

160

$419,500

Hobart

186

$360,000

33

$250,000

Darwin

61

$530,000

23

$470,000

Canberra

231

$620,000

107

$410,000

11,433

$693,842

4,190

$582,576

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

$410,000

838

Units

$620,000

$383,750

Adelaide

$530,000

310

$470,000

$510,000

$250,000

1,878

$360,000

$518,000

Brisbane

$510,000

$728,050

1,581

$419,500

1,820

$677,000

$307,500

$950,000

3,871

$430,000

3,463

Melbourne

Houses

$383,750

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

$510,000

Median
price

$518,000

Number
of Sales

$677,000

UNITS

Median
price

$728,050

HOUSES
Number
of Sales

Median house and unit prices

$950,000

Capital city private treaty median prices

CoreLogic Property Market Indicator Summary

All data to week ending 4 December 2016
Capital city median time on market and
average vendor discounting results

Average vendor
discounting

UNITS

78 days

-8.0%

108 days

-8.4%

Canberra

25 days

-3.8%

51 days

-3.6%

-3.6%

Darwin

-3.8%

-5.3%

-8%

-8.4%

42 days

-5.3%

-5.9%

-7%

-8.0%

31 days

-5.9%

Hobart

-6.7%

-9.6%

-9.6%

86 days

-5.8%

-6.7%

-6%

-6.6%

81 days

-5.1%

Perth

-5%

-5.6%

-6.6%

-3.6%

71 days

-4.9%

-5.8%

-4.3%

52 days

-4.4%

Adelaide

-4%

51 days

-5.6%

108 days

73 days

25 days

-5.1%

78 days

57 days

-3%

42 days

Brisbane

-2%

86 days

-4.9%

31 days

-4.3%

30 days

81 days

27 days

-3.6%

-1%

71 days

-4.4%

29 days

Units

73 days

26 days

Melbourne

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

57 days

Avg Vendor
Disc.

30 days

Median
TOM

29 days

Avg Vendor
Disc.

27 days

Capital city

Median
TOM

26 days

HOUSES

Median time on market

-9%
-10%
Houses

Units

-11%
Sydney Melbourne Brisbane

Adelaide

Perth

Hobart

Darwin

Canberra

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

143.1

4.5%

1.7%

NSW

193.5

1.6%

2.9%

QLD

138.8

6.3%

2.0%

SA

86.2

1.9%

0.1%

TAS

93.9

3.2%

5.5%

VIC

152.9

6.3%

0.9%

WA

108.5

1.8%

0.6%

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
Dec 12 Jun 13 Dec 13 Jun 14 Dec 14 Jun 15 Dec 15 Jun 16 Dec 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

328.0

-4.4%

-0.4%

300

NSW

370.6

-7.6%

-0.2%

250

QLD

249.1

-3.3%

-0.5%

SA

289.1

-11.6%

2.3%

200

TAS

144.3

-1.6%

2.9%

150

VIC

453.4

1.5%

-1.6%

WA

319.1

-4.8%

-0.4%

100
Listing Index
50
Dec 12 Jun 13 Dec 13 Jun 14 Dec 14 Jun 15 Dec 15 Jun 16 Dec 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 4 December 2016
Top two sales over the past week, states and territories

Australian Capital Territory

97 Hawkesbury Cres,
Farrer, ACT
5 bed, 3 bath, 4 car house
$1,310,000
Peter Blackshaw Real Estate
Woden & Weston Creek

13 Hobbs St,
O'Connor, ACT
3 bed, 2 bath, 1 car house
$1,098,000
McGrath Estate Agents

23 Parriwi Road Mosman,

Mosman, NSW
5 bed, 4 bath, 2 car house
$6,480,000
Belle Property Mosman

15 Lower Fort St,

Dawes Point, NSW
5 bed, 2 bath house
$5,050,000
McGrath Estate Agents

4 Squatter Rd,
Marlow Lagoon, NT
4 bed, 3 bath, 6 car house
$1,230,000
Elders Palmerston

77 May St,
Parap, NT
3 bed, 2 bath, 2 car house
$700,000
Real Estate Central Darwin

18 Topsails Pl,
Noosaville, QLD
4 bed, 4 bath, 2 car house
$3,750,000
Richardson & Wrench Noosa
Heads

28 Laurel Ave,
Chelmer, QLD
4 bed, 3 bath, 3 car house
$2,310,000
Place Graceville

New South Wales

Northern Territory

Queensland

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 4 December 2016
Top two sales over the past week, states and territories

South Australia
20 Duncan Rd,
Beaumont, SA
4 bed, 3 bath, 2 car house
$2,000,000
LJ Hooker West Lakes

8 Armstrong St,
Somerton Park, SA
3 bed, 2 bath, 4 car house
$1,160,000
Phil McMahon Real Estate
Glenelg

2/13 Margaret St,

Sandy Bay, Tas
6 bed, 5 bath, 2 car house
$2,100,000
Knight Frank Hobart

48 Fielding Dr,
West Hobart, Tas
4 bed, 3 bath, 2 car house
$940,000
Knight Frank Hobart

49 Berkeley St,
Hawthorn, Vic
3 bed, 2 bath, 3 car house
$5,100,000
Jellis Craig Real Estate
Hawthorn

9 Ross St,
Kew, Vic
5 bed, 3 bath, 2 car house
$4,350,000
Marshall White Real Estate
Hawthorn

1 The Lodge,
Mount Claremont, WA
4 bed, 2 bath, 2 car house
$1,500,000
House Real Estate
Cottesloe

16 Manakoora Rise,
Sorrento, WA
5 bed, 3 bath, 2 car house
$1,500,000
Flick Realty Joondalup

Tasmania

Victoria

Western Australia

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 4 December 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