RP Data Property Market Indicator Summary

All data to week ending 24 March 2013

Capital city home value changes

Weekly Monthly Yr to date Annual change change change change Sydney 0.0% 1.2% 3.2% 3.6% Melbourne -0.1% 2.0% 2.8% 0.6% Brisbane* -0.2% 1.4% 2.4% 1.9% Adelaide 0.1% -0.7% -1.0% 0.2% Perth 0.8% 3.1% 3.5% 5.2% Combined 5 capitals 0.0% 1.6% 2.7% 2.4% *Brisbane results are for the combined Brisbane and Gold Coast region. Capital city

Daily change in dwelling values across five combined capitals

620 600 580 560 540 520 500 480 17/03/2010

17/09/2010

17/03/2011

17/09/2011

17/03/2012

17/09/2012

17/03/2013

Results are based on the daily RP Data-Rismark Daily Home Value Index. http://www.rpdata.com/research/daily_indices.html.

Further information and daily updates on the index results are available from

Capital city private treaty median prices

Capital city Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra Combined Capitals HOUSES Number Median of Sales price 1,357 730 472 577 622 38 24 96 3,916 $595,000 $437,500 $434,000 $390,000 $485,000 $395,250 $567,500 $502,500 $494,182 UNITS Number Median of Sales price 911 240 114 142 170 13 12 30 1,632 $486,000 $390,000 $337,500 $280,000 $425,500 $290,000 $445,500 $416,000 $434,137

Median house and unit prices

$700,000 $600,000 Houses Units

$595,000

$486,000

$485,000

$437,500

$434,000

$425,500

$390,000

$337,500

$300,000 $200,000 $100,000 $0

$390,000

$395,250

Sydney

Melbourne

Brisbane

Adelaide

$280,000

Perth

Hobart

$290,000

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.

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. -6.6% -7.9% -8.2% -8.3% -5.3% -8.2% -3.9% -5.3% Avg TOM UNITS Avg Vendor Disc. -5.0% -6.2% -7.5% -7.5% -4.1% -7.2% -3.0% -5.4%

Time on market
100 days
Houses Units

Vendor discounting
0.0% -1.0%

90 days
89 days 82 days 80 days 80 days

81 days

79 days

42 days 50 days 82 days 80 days 59 days 81 days 49 days 46 days

32 days 48 days 89 days 80 days 57 days 63 days 79 days 44 days

63 days

-5.3%

-5.3% -8.2%
Hobart

59 days

57 days

50 days

48 days

49 days

46 days

42 days

-7.5%

32 days

-8.2%

20 days 10 days days

-8.0% -9.0% Houses -10.0% Units

Melbourne

Sydney

Melbourne

Brisbane

Adelaide

Perth

Hobart

Darwin

Canberra

Sydney

Brisbane

Adelaide

-8.3%

30 days

-7.0%

-7.9%

-7.5%

Perth

-7.2%

40 days

44 days

-6.0%

-6.6%

-6.2%

50 days

-5.0%

Darwin

Canberra

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.

Capital city auction statistics (preliminary)

City Sydney Melbourne Brisbane Adelaide Perth Tasmania Northern Territory Canberra Weighted Average Clearance Total rate auctions 69.5% 69.2% 38.2% 50.0% 64.0% 0.0% 40.0% 52.0% 65.0% 931 1,335 236 112 41 13 11 41 2,720 RP Data auction results 753 1,161 110 70 25 9 10 25 2,163 Cleared Uncleared auctions auctions 523 803 42 35 16 0 4 13 1,436 230 358 68 35 9 9 6 12 727

Weekly clearance rate, combined capital cities

90.0% 80.0%

70.0%
60.0% 50.0% 40.0% 30.0%

20.0%
10.0% 0.0% Mar-09 Sep-09 Mar-10 Sep-10 Mar-11 Sep-11 Mar-12 Sep-12 Mar-13

The above results are preliminary, with final auction clearance rates published each Thursday. RP Data, on average, collec ts between 80% and 85% of auction results each week. Clearance rates are calculated across properties that have been taken to auction over the past week.

DISCLAIMER In compiling this publication, rpdata.com has relied upon information supplied by a number of external sources and RP Data does not warrant its accuracy or completeness. To the full extent allowed by law RP Data excludes all liability for any loss or damage suffered by any person or body corporate arising from or in connection with the supply or use of any part of the information in this publication. RP Data recommends that individuals undertake their own research and seek independent financial advice before making any decisions. 2012 RP Data Ltd.

-5.4%

60 days

-5.0%

-4.0%

-4.1%

70 days

-3.0%

-3.9%

-3.0%

80 days

-2.0%

$416,000

$400,000

$445,500

$502,500

$500,000

$567,500

RP Data Property Market Indicator Summary

All data to week ending 24 March 2013

Capital city properties listed for sale*

Capital city No of new 12 mth No of total 12 mth listings change (%) listings change (%) Sydney 7,556 -14.2% 30,037 -6.9% Melbourne 8,396 -6.2% 40,770 10.2% Brisbane 3,868 -31.0% 24,005 -12.7% Adelaide 2,330 -6.1% 11,257 -0.3% Perth 4,426 -4.1% 16,950 -4.6% Hobart 554 -8.6% 4,156 -8.7% Darwin 268 -6.6% 1,096 -5.0% Combined caps 28,198 -11.9% 131,845 -1.4%

Number of homes for sale, combined capital cities

160,000 140,000 New listings Total listings

120,000
100,000 80,000 60,000

40,000
20,000 0 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13

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. *Please note that RP Data is currently updating the ACT listings database, as a result the ACT figures have been withheld. The new data for the ACT is scheduled for release early in 2013.

Mortgage market activity

Region Index value National 102.4 NSW 105.2 QLD 105.9 SA 79.7 TAS 60.1 VIC 102.0 WA 110.4 Month on month change 18.9% 22.2% 10.8% 7.6% 19.9% 17.9% 14.8% Month on month change (seas adj) 5.6% 3.3% 3.2% 2.7% 0.2% 3.0% 4.1%

RP Data Mortgage Index

140 120

100
80 60 40

20
0 Mar 09 RP Data Mortgage Index RP Data Mortgage Index (seas adj)

Sep 09

Mar 10

Sep 10

Mar 11

Sep 11

Mar 12

Sep 12

Mar 13

RP Data facilitates more than 100,000 residential property valuations every month for the financial services sector via the RP Data valuations platform. Monitoring the activity events across this platform provides a unique and timely insight about how many housing finance applications are being prepared by Australias lending institutions. 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 share of market (RP Data is managing the valuations for more than 90% of all banking sector residential valuation instructions), the Mortgage Index provides the most timely and holistic measure of mortgage market activity available.

New listings activity

Region Index value National 305.4 NSW 371.3 QLD 257.5 SA 292.6 TAS 131.5 VIC 255.7 WA 377.7 Month on month change 0.6% 2.0% 2.7% -3.2% 10.2% -2.5% -4.2% Month on month change (seas adj) 10.7% 11.8% 11.0% 5.9% 7.0% 10.0% 10.8%

RP Data Property Index

350

300
250 200 150 100

50
0 Mar 09

Sep 09

Mar 10

Sep 10

Mar 11

Sep 11

Mar 12

Sep 12

Mar 13

The RP Data Property Index provides a lead indicator for the number of residential dwellings that are being prepared for sale across the Australian housing market. The index, which tracks the flow of metadata across RP Datas real estate data platform, shows a 75% correlation with the number of new listings about to enter the market.

DISCLAIMER In compiling this publication, rpdata.com has relied upon information supplied by a number of external sources and RP Data does not warrant its accuracy or completeness. To the full extent allowed by law RP Data excludes all liability for any loss or damage suffered by any person or body corporate arising from or in connection with the supply or use of any part of the information in this publication. RP Data recommends that individuals undertake their own research and seek independent financial advice before making any decisions. 2012 RP Data Ltd.

RP Data Property Market Indicator Summary

All data to week ending 24 March 2013
Top ten sales over the past week

59 Allison Road, Elsternwick, Vic 5 bed, 4 bath, 8 car unit $5,000,000 Biggin & Scott Elsternwick

6 Hepburn Street, Hawthorn, Vic 7 bed, 5 bath, 5 car house $4,415,000 Kay & Burton Hawthorn

12 Tycannah Road, Northbridge, NSW 4 bed, 3 bath, 2 car house $3,880,000 Richardson & Wrench Northbridge

98 Balfour Road, Bellevue Hill, NSW 3 bed, 2 bath, 2 car house $3,025,000 Sydney Sothebys International Realty

5 Agnes Street, Strathfield, NSW 5 bed, 3 bath, 4 car house $2,950,000 Haus Real Estate Strathfield

87 Gurney Crescent, Seaforth, NSW 4 bed, 2 bath, 2 car house $2,900,000 Richardson & Wrench Seaforth

61 Waverley Ridge Road, Crafers West, SA 7 bed, 3 bath, 2 car house $2,850,000 Toop & Toop Norwood

18 Bent Parade, Black Rock, Vic 4 bed, 3 bath, 2 car house $2,685,000 Buxton Sandringham

15 Stewart Street, Brighton, Vic 4 bed, 3 bath, 2 car house $2,600,000 Buxton Brighton

56 Ardoyne Street, Black Rock, Vic 4 bed, 3 bath, 2 car house $2,575,000 Hocking Stuart Sandringham

Value guide: recent sales around the states and territories $600,000 to $800,000
Australian Capital Territory New South Wales Northern Territory Queensland

100 Jaeger Circuit, Bruce, ACT 3 bed, 2 bath, 2 car house $680,000 Elders Belconnen
195 days on the market -9.3% vendor discounting Held for 17.0 years Average annual growth of 6.0%

150 Darling Street, Balmain, NSW 2 bed, 2 bath, 1 car house $795,000 Creer Property Charlestown
301 days on the market -0.5% vendor discounting Held for 18.9 years Average annual growth of 4.8%

2 Tattler Court, Howard Springs, NT 3 bed, 2 bath, 4 car house $635,000 Advantage Real Estate Parap
60 days on the market -2.2% vendor discounting Held for 6.4 years Average annual growth of 6.7%

5 Barrique Court, Thornlands, Qld 5 bed, 3 bath, 3 car house $620,000 Ray White Upper Coomera
266 days on the market -2.4% vendor discounting Held for 10.0 years Average annual growth of 2.5%

South Australia

Tasmania

Victoria

Western Australia

22 Samoa Court, West Lakes, SA 4 bed, 2 bath, 2 car house $710,000 First National Lewis Prior
195 days on the market -9.6% vendor discounting Held for 12.8 years Average annual growth of 6.0%

44 Elphinstone Road, Mount Stuart, Tas 4 bed, 2 bath, 1 car house $625,000 Ray White Burnie
10 days on the market Listing price unavailable Held for 27.5 years Average annual growth of 6.9%

48 Reed Street, Spotswood, Vic 3 bed, 2 bath, 1 car house $798,000 Latrobe First National Traralgon
45 days on the market Sold at Auction Held for 5.4 years Average annual growth of 4.5%

3 Whitehorse Drive, Harrisdale, WA 4 bed, 2 bath, 2 car house $750,000 Professionals Property Plus Canning Vale
59 days on the market Listing price: $750,000 Held for 3.3 years Average annual growth of 30.1%

Properties included in the above analysis have been reported to RP Data in the past 7 days and sold within the last fortnight. The focus price range will rotate on a weekly basis. Thank you to our vast network of real estate professionals who assist us with aggregating these results. If you would like to ensure your recent sales are included within our database, please email your sales to our Recent Sales team: recentsales@rpdata.com
DISCLAIMER In compiling this publication, rpdata.com has relied upon information supplied by a number of external sources and RP Data does not warrant its accuracy or completeness. To the full extent allowed by law RP Data excludes all liability for any loss or damage suffered by any person or body corporate arising from or in connection with the supply or use of any part of the information in this publication. RP Data recommends that individuals undertake their own research and seek independent financial advice before making any decisions. 2012 RP Data Ltd.