Weekly Market Update Week Ending 2015 November 8

CoreLogic RP Data Property Market Indicator Summary
All data to week ending 8 November 2015

Clearance rate improves after last week saw the lowest clearance rate in 73 weeks
Auction volumes remain high with 2,898 properties taken to auction this week, up from 2,547 last week, while the clearance rate has
increased to 63.7 per cent, up from 61.0 per cent, the lowest clearance rate since the week ending 8th June 2014 (60.6 per cent). The
higher weighted average clearance rate was mainly the result of a stronger clearance in Melbourne, where, despite high volumes, the
preliminary clearance rate rose to be just under 70 per cent. At the same time last year, auction volumes were comparable, with 2,942
homes taken to auction and a clearance rate of 63.5 per cent. Last weeks result brought the October clearance rate across the capital cities
to 66 per cent, down from 70.9 per cent over September and lower than October 2014 (68.4 per cent).
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
61.9%
1,222
950
588
362
68.1%
1,261
Melbourne
69.3%
1,189
1,034
717
317
65.5%
1,139
Brisbane
42.2%
167
109
46
63
43.1%
188
Adelaide
64.0%
143
114
73
41
57.4%
131
Perth
17.9%
44
28
23
50.0%
65
Tasmania
22.2%
14
26.7%
17
Canberra
78.3%
119
69
54
15
50.0%
141
Weighted
Average
63.7%
2,898
2,313
1,485
828
63.5%
2,942
Weekly clearance rate, combined capital cities

90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Nov 09
Nov 10
Nov 11
Nov 12
Nov 13
Nov 14
Nov 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, Sydney

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Nov 09
Sydney sub-regions
Central Coast
Nov 10
Nov 11
Nov 12
Nov 13
Nov 14
Nov 15
Weekly clearance rate, Melbourne

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Nov 09
Nov 11
Nov 12
Nov 13
Nov 14
Nov 15
Weekly clearance rate, Brisbane

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Nov 09
38.2%
40
34
Blacktown
City and Inner South
53.9%
15
13
62.5%
116
88
Eastern Suburbs
70.1%
113
87
Inner South West
53.1%
158
128
Inner West
73.1%
114
93
North Sydney and Hornsby
67.1%
198
149
Northern Beaches
80.2%
121
96
Outer South West
60.0%
12
10
n.a.
Parramatta
37.0%
75
54
Ryde
57.9%
61
38
South West
53.5%
55
43
Sutherland
55.0%
91
80
Inner
66.8%
219
190
Inner East
66.9%
155
142
Inner South
71.2%
191
163
North East
69.8%
136
126
North West
64.8%
96
91
Outer East
76.6%
93
77
South East
65.2%
138
115
West
74.2%
110
93
Mornington Peninsula
78.4%
50
37
Hunter
53.3%
50
30
Wollongong
51.9%
39
27
Gold Coast
55.9%
58
34
Sunshine Coast
50.0%
39
20
Geelong
67.9%
43
28
Melbourne sub-regions
Nov 10
Nov 11
Nov 12
Nov 13
Nov 14
Nov 15
Weekly clearance rate, Adelaide

100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Nov 09
Baulkham Hills and Hawkesbury
Outer West and Blue Mountains
Nov 10
CoreLogic
Clearance
Total
RP Data auction
rate
auctions
results
56.7%
44
30
Regional auction results
Nov 10
Nov 11
Nov 12
Nov 13
Nov 14
Nov 15

Capital city home value changes
Daily home value index, 5 capital city aggregate
Weekly
change
Monthly
change
Yr to date
change
Annual
change
Sydney
-0.2%
-0.4%
14.1%
14.6%
Melbourne
-0.6%
0.0%
13.3%
12.3%
Brisbane
0.4%
-0.2%
3.5%
4.4%
Adelaide
0.8%
1.6%
1.7%
3.7%
Perth
0.8%
-1.3%
-5.4%
-2.8%
Combined 5 capitals
-0.1%
-0.2%
9.4%
10.0%
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
Nov 12
May 13
Nov 13
May 14
Nov 14
May 15
Nov 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

Capital city
Sydney
Melbourne
No of new
listings
12 mth
change (%)
No of total
listings
12 mth
change (%)
9,925
-0.9%
24,557
3.8%
10,138
0.2%
31,527
-6.3%
Brisbane
4,658
-10.8%
18,300
-8.3%
Adelaide
2,486
-5.8%
8,040
-8.5%
Perth
4,166
-15.1%
20,200
8.2%
Hobart
502
1.0%
2,585
-14.0%
Darwin
239
-11.5%
1,617
12.1%
Canberra
771
3.4%
2,444
-2.6%
32,885
-4.4%
109,270
-2.2%
Combined capitals
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0
Total listings
Nov 08
Nov 09
New listings
Nov 10
Nov 11
Nov 12
Nov 13
Nov 14
Nov 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.
$429,000
114
$320,000
Perth
809
$520,000
169
$415,000
Hobart
149
$380,000
26
$285,000
Darwin
44
$585,000
16
$412,500
Canberra
281
$592,500
73
$412,500
10,260
$656,134
3,837
$557,531
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 RP Data
Professional system or contact us on info@corelogic.com.au. Alternatively, ring 1300 734 318 to subscribe to Market Trends
$412,500
693
Units
$592,500
$396,050
Adelaide
$585,000
290
$412,500
$470,000
$285,000
1,546
$380,000
$495,000
Brisbane
$520,000
$681,000
1,456
$415,000
1,693
$605,000
$320,000
$901,000
3,488
$429,000
3,250
Melbourne
Houses
$396,050
Sydney
$1,000,000
$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
$495,000
Number
of Sales
$605,000
UNITS
Median
price
$681,000
HOUSES
Number
of Sales
Median house and unit prices
$901,000
Capital city private treaty median prices

Capital city median time on market and
average vendor discounting results
Average vendor
discounting
UNITS
Brisbane
57 days
-5.1%
62 days
-4.6%
Adelaide
53 days
-5.4%
70 days
-5.1%
Hobart
39 days
-6.0%
46 days
-8.5%
20 days
Darwin
91 days
-9.4%
107 days
-10.0%
10 days
Canberra
28 days
-3.9%
49 days
-5.7%
28 days
26 days
30 days
91 days
70 days
49 days
-7.5%
28 days
91 days
46 days
-6.7%
-6%
39 days
86 days
-4%
-5%
33 days
Perth
31 days
40 days
91 days
86 days
50 days
53 days
57 days
60 days
62 days
70 days
-3%
-3.9%
80 days
-7%
-8%
-9%
-10%
Houses
days
-5.7%
-4.9%
-9.4%
33 days
-10.0%
-4.4%
-6.0%
31 days
-8.5%
Melbourne
-2%
-7.5%
90 days
100 days
-5.1%
-4.2%
-6.7%
26 days
-1%
-4.6%
-4.4%
Units
-5.4%
28 days
0%
Houses
110 days
-4.9%
Sydney
120 days
-5.1%
Avg Vendor
Disc.
-4.2%
Median
TOM
-4.4%
Avg Vendor
Disc.
-4.4%
Capital city
Median
TOM
107 days
HOUSES
Median time on market
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 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
141.6
5.1%
0.1%
NSW
208.4
6.2%
-0.7%
QLD
124.6
3.0%
0.6%
SA
88.4
6.0%
0.5%
TAS
81.7
-2.5%
0.0%
VIC
149.0
3.5%
0.4%
WA
111.8
11.5%
2.7%
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 11 May 12 Nov 12 May 13 Nov 13 May 14 Nov 14 May 15 Nov 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
Region
Index value
Month on month
change
Month on month
change (seas adj)
350
National
334.9
4.5%
-0.2%
300
NSW
376.2
2.0%
-3.0%
250
QLD
277.8
7.2%
1.2%
SA
324.0
3.8%
0.5%
200
TAS
151.4
9.1%
4.0%
150
VIC
386.1
0.3%
1.3%
WA
335.8
13.9%
1.3%
100
Listing Index
50
Nov 12
May 13
Nov 13
May 14
Nov 14
May 15
Nov 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.

Top ten sales over the past week
17 Riverview Road,
Avalon Beach, NSW
6 bed, 5 bath, 3 car house
$5,700,000
LJ Hooker
Avalon Beach
1 Elfrida Street,
Mosman, NSW
$5,375,000
Simeon Manners Property
Mosman
26 Beatty Street,
Balgowlah Heights, NSW
$4,600,000
Clarke & Humel Property
Manly
70 St Johns Avenue,
Gordon, NSW
$3,600,000
McConnell Bourn
Lindfield
54 Edward Street,
Woollahra, NSW
$3,500,000
Phillips Pantzer Donnelley
9 Wynette Avenue,
Balwyn, Vic
$3,290,000
RT Edgar
Boroondara
5 Victory Street,
Rose Bay, NSW
$3,120,000
The Agency
Eastern Suburbs
1 Dendrobium Crescent,
Elanora Heights, NSW
$3,055,000
Belle Property
Terrey Hills
9 Fourth Avenue,
Willoughby East, NSW
$3,050,000
LJ Hooker
Willoughby
138 Crescent Road,

Newport, NSW
$3,000,000
LJ Hooker
Avalon Beach

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

Weekly Market Update Week Ending 2015 November 8

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CoreLogic RP Data Property Market Indicator Summary

All data to week ending 8 November 2015

Capital city auction statistics (preliminary)

Weekly clearance rate, combined capital cities

Weekly clearance rate, Sydney

Weekly clearance rate, Melbourne

Weekly clearance rate, Brisbane

Inner South West

North Sydney and Hornsby

Outer South West

Weekly clearance rate, Adelaide

Baulkham Hills and Hawkesbury

Outer West and Blue Mountains

Regional auction results

CoreLogic RP Data 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 RP Data Property Market Indicator Summary

Median time on market

CoreLogic RP Data Mortgage Index

Mortgage market activity

CoreLogic RP Data Listing Index

Listing market activity

CoreLogic RP Data Property Market Indicator Summary

Top ten sales over the past week

138 Crescent Road,

CoreLogic RP Data Property Market Indicator Summary

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