7/27/2019 Weekend market summary week ending 2013 August 18 (1).pdf

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0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

Aug 09 Feb 10 Aug 10 Feb 11 Aug 11 Feb 12 Aug 12 Feb 13 Aug 13

CityClearance

rate

Total

auctions

RP Data

auction

results

Cleared

auctions

Uncleared

auctions

Sydney 79.7% 561 429 342 87

Melbourne 71.6% 663 577 413 164

Brisbane 53.7% 102 67 36 31

Adelaide 71.4% 60 42 30 12

Perth 63.6% 15 11 7 4

Tasmania 50.0% 13 10 5 5

Canberra 52.2% 40 23 12 11

Weighted Average 72.7% 1,454 1,159 845 314

$630,500

$455,000

$430,000

$405,000

$515,000

$295,000

$623,500

$522,500

$515,000

$406,500

$379,500

$311,000 $

445,500

$285,000 $

422,500

$420,000

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra

Houses UnitsCapital city Number

of SalesMedian

priceNumberof Sales

Medianprice

Sydney 1,462 $630,500 1,101 $515,000

Melbourne 829 $455,000 409 $406,500

Brisbane 438 $430,000 100 $379,500

Adelaide 284 $405,000 87 $311,000

Perth 505 $515,000 116 $445,500

Hobart 35 $295,000 17 $285,000

Darwin 32 $623,500 46 $422,500

Canberra 80 $522,500 30 $420,000

Combined Capitals 3,665 $527,830 1,906 $465,288

HOUSES UNITS

480

500

520

540

560

580

600

620

Aug 10 Feb 11 Aug 11 Feb 12 Aug 12 Feb 13 Aug 13

Capital city

Weekly

change

Monthly

change

Yr to date

change

Annual

change

Sydney -0.1% 1.0% 7.0% 6.4%

Melbourne 0.0% 0.8% 4.9% 4.4%

Brisbane -0.1% 0.6% 1.5% 2.0%

Adelaide 0.2% -1.0% -1.0% -1.3%

Perth 0.0% 1.6% 6.9% 10.0%

Combined 5 capitals 0.0% 0.8% 5.0% 5.0%

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RP Data Weekend Market SummaryAll data to week ending 18 August 2013

Capital city home value changes

Results are based on the 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.

Daily change in dwelling values across five combined capitals

Capital city auction statistics (preliminary)

The above results are preliminary, with final auction clearance rates published each Thursday. 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, combined capital cities

*Brisbane results are for the combined Brisbane and Gold

Coast region.

The combined capital city auction clearance rate was recorded at 72.7 per cent this week, the highest auction clearance rate

recorded so far this year. There were a total of 1,454 auctions scheduled over the week. In comparison, over the previous week,

there were just over 1,440 auctions across the capitals and the final clearance rate was recorded at 70.1 per cent. In Melbourne,

Australias largest auction market, the preliminary clearance rate was recorded at 71.6 per cent, increasing slightly from last

weeks final auction clearance rate of 71.0 per cent. Much like clearance rates, the number of properties taken to auction remained

steady, down only slightly from 677 last week to 663 this week. For Sydney, the auction clearance rate increased from 76.3 per

cent last week to 79.7 per cent this week, which is the seventh consecutive week where the auction clearance rate for the city has

been recorded above 70 per cent. There were 561 auctions held in the city this week, compared to 521 over the preceding seven

days. On a combined capital city level, at the same time last year, 50.8 per cent of all properties taken to auction cleared.

Capital city private treaty median prices

Private treaty sales represent around 85% of all dwelling sales across the country. The statistics are calculated across houses and units sold over themost 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.

Median house and unit prices

http://www.rpdata.com/research/daily_indices.htmlhttp://www.rpdata.com/research/daily_indices.htmlhttp://www.rpdata.com/research/daily_indices.htmlhttp://www.rpdata.com/research/daily_indices.htmlhttp://www.rpdata.com/research/daily_indices.htmlhttp://www.rpdata.com/research/daily_indices.htmlhttp://www.rpdata.com/research/daily_indices.htmlhttp://www.rpdata.com/research/daily_indices.htmlhttp://www.rpdata.com/research/daily_indices.htmlhttp://www.rpdata.com/research/daily_indices.html

7/27/2019 Weekend market summary week ending 2013 August 18 (1).pdf

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Region Index value

Month on month

change

Month on month

change (seas adj)

National 316.8 1.7% 1.6%NSW 394.1 6.2% 2.3%

QLD 248.0 -2.2% 0.2%

SA 300.6 0.1% 2.7%

TAS 137.0 12.4% 2.8%

VIC 287.2 1.8% 3.6%

WA 413.5 -1.4% -0.1%

0

20

40

60

80

100

120

140

160

180

Aug 09 Feb 10 Aug 10 Feb 11 Aug 11 Feb 12 Aug 12 Feb 13 Aug 13

RP Data Mortgage Index RP Data Mortgage Index (trend)

Region Index value

Month on month

change

Month on month

change (trend)

National 101.5 -0.7% -0.6%

NSW 120.6 0.6% -0.2%

QLD 101.2 2.0% -0.6%

SA 76.9 -3.3% 1.1%

TAS 74.1 7.2% -1.2%

VIC 104.2 -2.7% -0.8%

WA 93.0 -4.2% -1.5%

-4.8

%

-6.8

%-6.4

%

-6.7

%

-4.3

%

-9.0

%

-2.9

%

-3.8

%

-3.7

%

-5.1

%

-6.7

%-6.3

%

-4.3

%

-9.4

%

-3.8

%

-5.5

%

-10%

-9%

-8%

-7%

-6%

-5%

-4%

-3%

-2%

-1%

0%

S yd ne y M el bo ur ne B ri sb an e A del aid e P er th H ob ar t Da rw in Ca nb er ra

H ou se s U ni ts

30days 4

2days

65days 7

6days

55days

89days

65days

44days

28days

47days

75days

71days

54days

85days

57days

79days

days

10 days

20 days

30 days

40 days

50 days

60 days

70 days

80 days

90 days

100 days

S ydne y Mel bour ne Br isbane Ad elaid e Pe rth Ho bart Darw in C anbe rr a

H ou se s U ni ts

Capital cityAvg

TOM

Avg Vendor

Disc.

Avg

TOM

Avg Vendor

Disc.

Sydney 30 days -4.8% 28 days -3.7%

Melbourne 42 days -6.8% 47 days -5.1%

Brisbane 65 days -6.4% 75 days -6.7%

Adelaide 76 days -6.7% 71 days -6.3%

Perth 55 days -4.3% 54 days -4.3%

Hobart 89 days -9.0% 85 days -9.4%

Darwin 65 days -2.9% 57 days -3.8%

Canberra 44 days -3.8% 79 days -5.5%

HOUSES UNITS

2

Time on market Vendor discountingCapital city average time on market and

vendor discounting results

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 resultsreceived 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.

RP Data Weekend Market SummaryAll data to week ending 18 August 2013

Mortgage market activity RP Data Mortgage Index - RMI

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 beingmonitored, the Mortgage Index provides the most timely and holistic measure of mortgage market activity available.

New listings activity RP Data Listings Index - RLI

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 acrossRP Datas real estate data platform, shows a 75% correlation with the number of new listings about to enter the market.