rpdata Property Market Indicator Summary

All data to week ending 28 April 2013

For detailed analysis on property and mortgage market movements at a suburb, postcode or regional level contact research@rpdata.com, or your rpdata account manager on 1300 734 318

Capital city home value changes

Capital city Sydney Melbourne Brisbane* Adelaide Perth Combined 5 capitals Weekly change 0.1% -0.5% 0.1% 1.0% -1.1% -0.1% Monthly Yr to date change change -0.5% 2.9% -0.7% 1.8% -0.5% 1.0% 3.1% 2.7% -2.5% 1.7% -0.5% 2.1% Annual change 3.5% 1.3% 1.7% 1.8% 3.5% 2.4%

Daily change in dwelling values across five combined capitals

620 600 580 560 540

520
500 480 28/04/2010

*Brisbane results are for the combined Brisbane and Gold Coast region.

28/10/2010

28/04/2011

28/10/2011

28/04/2012

28/10/2012

28/04/2013

Results are based on the daily RP Data-Rismark Daily Home Value Index. Further information and daily updates on the index results are available from http://www.rpdata.com/research/daily_indices.html.

Capital city auction statistics (preliminary) Weekly clearance rate, combined capital cities
City Sydney Melbourne Brisbane Adelaide Perth Tasmania Canberra Weighted Average Clearance Total rate auctions 73.2% 70.6% 42.3% 52.1% 46.2% 14.3% 44.4% 66.8% 503 820 130 98 19 9 35 1,614 RP Data auction results 407 687 104 73 13 7 18 1,309
90.0%

Cleared Uncleared auctions auctions 298 485 44 38 6 1 8 880 109 202 60 35 7 6 10 429

80.0%

70.0%
60.0% 50.0% 40.0% 30.0% 20.0%

10.0%
0.0% Apr-09

Oct-09

Apr-10

Oct-10

Apr-11

Oct-11

Apr-12

Oct-12

Apr-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.

Capital city properties listed for sale*

Capital city No of new 12 mth No of total 12 mth listings change (%) listings change (%) Sydney 6,598 -10.4% 28,027 -10.9% Melbourne 7,465 -4.6% 39,120 8.0% Brisbane 3,360 -25.5% 22,742 -17.4% Adelaide 2,178 -7.6% 11,060 -2.9% Perth 4,084 -1.4% 16,275 -7.1% Hobart 499 -4.4% 4,172 -8.5% Darwin 303 -1.9% 1,182 -0.3% Combined caps 25,238 -8.6% 126,104 -4.5%

Number of homes for sale, combined capital cities

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

New listings

Total listings

20,000 0 Apr-07
Apr-08 Apr-09 Apr-10 Apr-11 Apr-12 Apr-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 rpdata is currently updating the ACT listings database, as a result the ACT figures have been withheld.

Capital city private treaty median prices

Capital city Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra Combined Capitals HOUSES Number Median of Sales price 1,136 625 518 382 549 44 14 76 3,344 $605,750 $427,000 $434,500 $390,000 $479,000 $301,750 $628,100 $489,250 $493,805 UNITS Number Median of Sales price 721 207 108 98 107 4 14 36 1,295 $485,000 $420,000 $393,750 $305,000 $405,000 N/A $501,250 $419,950 $443,638

Median house and unit prices

$700,000 Houses Units

$501,250

$500,000 $400,000

$605,750

$628,100

$600,000

$485,000

$427,000

$420,000

$434,500

$479,000

$489,250

$393,750

$305,000

$200,000 $100,000

$301,750

$300,000

$390,000

$405,000

$0
Sydney Melbourne Brisbane Adelaide Perth

Hobart

$0

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.

$419,950

rpdata Property Market Indicator Summary

All data to week ending 28 April 2013
For detailed analysis on property and mortgage market movements at a suburb, postcode or regional level contact research@rpdata.com, or your rpdata account manager on 1300 734 318

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. -7.4% -8.0% -8.8% -8.4% -6.2% -8.7% -6.4% -7.1% Avg TOM UNITS Avg Vendor Disc. -5.1% -4.9% -6.4% -8.4% -2.7% N/A -4.9% -4.5%

Time on market
100 days Houses 90 days Units

Vendor discounting
0.0%

-1.0%
88 days 82 days

80 days 70 days 60 days

-2.0%
-3.0%
63 days

37 days 48 days 76 days 69 days 54 days 82 days 60 days 35 days

32 days 55 days 67 days 69 days 60 days 88 days 63 days 64 days

76 days

-2.7%

0.0%

69 days

69 days

67 days

60 days

60 days

64 days

55 days

-6.2%

-5.0%
-7.4%

-5.1%

-4.0%

-4.9%

50 days

54 days

48 days

37 days

-8.0%

40 days

35 days

-8.4%

-8.4%

-7.0% -8.0%

20 days 10 days days

32 days

30 days

-9.0% -10.0% Houses

-11.0%

Units
Adelaide Perth Hobart Darwin Canberra

Sydney Melbourne Brisbane

Adelaide

Perth

Hobart

Darwin

Canberra

Sydney

Melbourne Brisbane

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 rpdata 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.

Mortgage market activity

Region Index value National 85.6 NSW 87.3 QLD 92.5 SA 68.9 TAS 56.3 VIC 92.3 WA 106.0 Month on month change -9.0% -16.4% -10.7% -10.8% -3.3% -1.3% -5.0% Month on month change (seas adj) 10.3% 10.6% 9.0% 7.3% 13.0% 12.3% 11.1%

RP Data Mortgage Index - RMI

140

120
100 80

60
40 20

0 Apr 09

RP Data Mortgage Index

RP Data Mortgage Index (seas adj)

Oct 09

Apr 10

Oct 10

Apr 11

Oct 11

-8.8%

Apr 12

Oct 12

-8.7%

Apr 13

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.

New listings activity

Region Index value National 284.3 NSW 335.8 QLD 241.1 SA 257.1 TAS 118.4 VIC 241.4 WA 392.5 Month on month change -2.2% -5.5% 0.0% -7.0% -3.0% -2.0% 6.2% Month on month change (seas adj) 8.5% 9.9% 6.9% 6.0% 10.3% 9.0% 9.8%

RP Data Listings Index - RLI

350 300 250

200
150 100 50 0 Apr 09

Oct 09

Apr 10

Oct 10

Apr 11

Oct 11

Apr 12

Oct 12

Apr 13

The 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. RP Data customers account for over 70% of all listings in the Australian property 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.

-7.1%

-6.0%

-6.4%

-6.4%

-4.9%

-4.5%

rpdata Property Market Indicator Summary

All data to week ending 28 April 2013
For detailed analysis on property and mortgage market movements at a suburb, postcode or regional level contact research@rpdata.com, or your rpdata account manager on 1300 734 318

Top ten sales over the past week

77 Vincent Place, Albert Park, Vic 8 bed, 1 bath, 1 car house $4,008,000 Cayzer Real Estate Albert Park

111 Ocean Street, Woollahra, NSW 4 bed, 3 bath, 2 car house $3,800,000 Di Jones Real Estate

26 Albyn Road, Strathfield, NSW 5 bed, 6 bath, 8 car house $3,200,000 George Ellis & Co

123 Ocean Street, Narrabeen, NSW 5 bed, 3 bath, 3 car house $2,350,000 L J Hooker Collaroy

84 Ramsgate Avenue, Bondi Beach, NSW 5 bed, 3 bath, 1 car house $2,230,000 McGrath Estate Agents

109 Esplanade, Williamstown, Vic 4 bed, 3 bath, 2 car house $2,200,000 Williamstown Real Estate

38 Hopetoun Street, Paddington, NSW 3 bed, 3 bath, 1 car house $2,100,000 McGrath Estate Agents

3 Napier Street, Drummoyne, NSW 3 bed, 3 bath, 2 car house $2,050,000 Cobden & Hayson Balmain

123 South Road, Brighton, Vic 4 bed, 2 bath, 2 car house $2,000,000 Hodges Real Estate

48 Darling Street, Balmain East, NSW 3 bed, 2 bath house $1,960,000 McGrath Estate Agents

Value guide: recent sales around the states and territories $400,000 to $600,000
Australian Capital Territory New South Wales Northern Territory Queensland

39 Greenough Circuit, Kaleen, ACT 3 bed, 1 bath, 2 car house $571,000 L J Hooker Kaleen
28 days on the market Listing price undisclosed Held for 20.1 years Average annual growth of 6.8%

7 Jonathan Street, Warners Bay, NSW 4 bed, 1 bath, 4 car house $679,000 PRD Nationwide Newcastle
79 days on the market Offers over $390,000 Held for 6.1 years Average annual growth of 0.6%

2204/43E Knuckey Street, Darwin, NT 2 bed, 2 bath, 1 car house $535,000 Colliers International Darwin
91 days on the market -9.8% vendor discounting Held for 4.5 years Average annual growth of 5.1%

6 Nicklaus Parade, North Lakes, Qld 3 bed, 2 bath, 2 car house $666,000 Jenny Andrews Real Estate North Lakes
96 days on the market -4.4% vendor discounting Held for 3.5 years Last sold for $443,000

South Australia

Tasmania

Victoria

Western Australia

16 Third Avenue, Forestville, SA 3 bed, 1 bath, 3 car house $540,000

Toop & Toop Norwood

17 days on the market Sold at auction Held for 11.4 years Average annual growth of 5.9%

144 Granville Street, West Launceston, Tas 5 bed, 2 bath, 6 car house $550,000 Harcourts Launceston
117 days on the market -1.9% vendor discounting Held for 12.1 years Average annual growth of 14.5%

3 Winlea Court, Mount Helen, Vic 4 bed, 2 bath, 4 car house $600,000 Wilson Estate Agents Ballarat
10 days on the market On the market for $790k to $510k Held for 7.2 years Average annual growth of 4.5%

70 Donald Drive, Safety Bay, WA 4 bed, 2 bath, 2 car house $625,000 Ray White Rockingham
69 days on the market -3.5% vendor discounting Held for 10.0 years Average annual growth of 5.0%

Properties included in the above analysis have been reported to rpdata 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