CoreLogic Quarterly Auction Market Review

Transcription

1 CoreLogic Quarterly Auction Market Review September 2017 Released October 2017

2 Overview The clearance across the combined capital city auction market fell to 67.8% over the September 2017 quarter, down from 71.7% over the June quarter. On a quarterly basis, clearance s fell across the larger auction markets, with Sydney down -6.5 per cent to 66.8 per cent, and Melbourne down -3.1 per cent to 72.6 per cent, while clearance s also fell across Brisbane (-2.3 per cent) and Adelaide (-1.5 per cent). s improved across the smaller markets, with Tasmania recording the largest increase in clearance s over the September quarter, up 13.2 per cent to 65.6 per cent, followed by Perth, up 6.3 per cent to 43.4 per cent, while Canberra increased by 2.8 per cent to 71.1 per cent. Overall, the combined capital city clearance for the September quarter is lower on both a quarterly and annual basis. Looking at auction volumes across the combined capital cities, there were 1,278 fewer homes taken to auction over the September quarter when compared to June Brisbane was the only capital city to see an increase in over the quarter, with an additional 88 homes taken to auction. Although the number of held across the combined capital cities fell over the quarter, auction activity is 26.4 per cent higher than the same time last year, with 27,953 homes taken to auction over the September 2017 quarter, up from 22,119 in September Auction market review highlights Capital city auction clearance & volumes Sydney 66.8 % (10,575 ) Melbourne 72.6 % (13,063 ) Brisbane 46.5 % (1,848 ) Adelaide 63.1 % (1,095 ) Perth 43.4 % (474 ) Tasmania 65.6 % (76 ) Canberra 71.1 % (822 ) Combined capitals 67.8 % (27,953 ) Highest number of for the quarter across capital city suburbs: based on total held across the suburb over the reporting period Melbourne: Reservoir 244 Sydney: Randwick 131 Brisbane: Sunnybank Hills 55 Canberra: Kambah 25 Adelaide: Norwood & Rostrevor 21 Perth: Morley 11 Highest clearance for the quarter by capital city suburbs: clearance s are calculated when there has been at least 20 auction results reported over the period Melbourne: Airport West 97.0% (captured results: 33, scheduled : 35, number sold: 32) Sydney: Clovelly 93.3% (captured results: 30, scheduled : 32, number sold: 28) Canberra: Kambah 82.6% (captured results: 23, scheduled : 25, number sold: 19) Brisbane: Runcorn 63.6% (captured results: 22, scheduled : 26, number sold: 14) Across the non-capital city markets monitored by CoreLogic, the Sunshine Coast (up 2.6 per cent) and Geelong (up 2.3 per cent) were the only regions to see an increase in the auction clearance over the September quarter. The biggest fall was seen across Wollongong, where the clearance fell per cent from 70.4 per cent over the June quarter, to 56.1 per cent over the September quarter. s across the Hunter region remained relatively stable, down just -0.6 per cent over the quarter, while the Gold Coast clearance fell -5.6 per cent to 39.1 per cent. Auction volumes fell across all but one of the regional markets over the September quarter, with the Sunshine Coast the only place to see an increase in activity, hosting an additional 73. Compared to this time last year, Geelong saw a significant increase in auction activity with 501 held this quarter, 154 more than September 2016.

3 Number of Capital city & major regional markets Quarterly summary, capital cities On a quarterly basis, clearance s fell across the larger auction markets, with Sydney down -6.5 per cent to 66.8 per cent, and Melbourne down -3.1 per cent to 72.6 per cent, while clearance s also fell across Brisbane (-2.3 per cent) and Adelaide (-1.5 per cent). s improved across the smaller markets, with Tasmania recording the largest increase in clearance s over the September quarter, up 13.2 per cent to 65.6 per cent, followed by Perth, up 6.3 per cent to 43.4 per cent, while Canberra increased by 2.8 per cent to 71.1 per cent. Overall, the combined capital city clearance for the September quarter is lower on both a quarterly and annual basis. Looking at auction volumes across the combined capital cities, there were 1,278 fewer homes taken to auction over the September quarter when compared to June Brisbane was the only capital city to see an increase in over the quarter, with an additional 88 homes taken to auction. Although the number of held across the combined capital cities fell over the quarter, auction activity is 26.4 per cent higher than the same time last year, with 27,953 homes taken to auction over the September 2017 quarter, up from 22,119 in September Capital city Capital City Sydney 66.8% 10, % 11, % 8,249 Melbourne 72.6% 13, % 13, % 9,932 Brisbane 46.5% 1, % 1, % 1,633 Adelaide 63.1% 1, % 1, % 1,056 Perth 43.4% % % 423 Tasmania 65.6% % % 82 Canberra 71.1% % % 744 Combined capitals 67.8% 27, % 29, % 22,119 Weekly clearance and volume of, combined capital cities 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% 0 Oct-12 Apr-13 Oct-13 Apr-14 Oct-14 Apr-15 Oct-15 Apr-16 Oct-16 Apr-17 Oct-17 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1, Region Regional Hunter 64.8% % % 510 Wollongong 56.1% % % 425 Gold Coast 39.1% % % 681 Sunshine Coast 49.9% % % 497 Geelong 78.1% % % 347

4 Capital city key statistics Northern Territory: Sep 17: 36.7% (114 ) Sep 16: 34.0% (98 ) Brisbane: Sep 17: 46.5% (1,848 ) Sep 16: 48.3% (1,633 ) Perth: Sep 17: 43.4% (474 ) Sep 16: 34.7% (423 ) Canberra: Sep 17: 71.1% (822 ) Sep 16: 70.6% (744 ) Sydney: Sep 17:66.8% (10,575 ) Sep 16: 79.1% (8,249 ) Adelaide: Sep 17: 63.1% (1,095 ) Sep 16: 67.8% (1,056 ) Melbourne: Sep 17: 72.6% (13,063 ) Sep 16: 76.2% (9,932 ) Highest auction volumes (by suburb) Melbourne: Reservoir 244 Sydney: Randwick 131 Brisbane: Sunnybank Hills 55 Canberra: Kambah 25 Adelaide: Norwood & Rostrevor 21 Perth: Morley 11 Based on total held across the suburb over the reporting period Tasmania: Sep 17: 65.6% (76 ) Sep 16: 37.5% (82 ) Highest clearance (by suburb) Melbourne: Airport West 97.0% (captured results: 33, scheduled : 35, number sold: 32) Sydney: Clovelly 93.3% (captured results: 30, scheduled : 32, number sold: 28) Canberra: Kambah 82.6% (captured results: 23, scheduled : 25, number sold: 19) Brisbane: Runcorn 63.6% (captured results: 22, scheduled : 26, number sold: 14) s are calculated when there has been at least 20 auction results reported over the period

5 Capital city sub-regions (Sydney) Sub-region Sydney Central Coast 59.5% % % 251 Baulkham Hills and Hawkesbury 61.8% % % 220 Blacktown 58.7% % % 161 City and Inner South 70.0% 1, % 1, % 959 Eastern s 78.3% 1, % 1, % 972 Inner South West 64.1% 1, % 1, % 902 Inner West 69.5% % % 687 North Sydney and Hornsby 71.1% 1, % 1, % 1,317 Northern Beaches 72.3% % 1, % 728 Outer South West 44.5% % % 99 Outer West and Blue Mountains 57.5% % % 71 Parramatta 59.3% % % 480 Ryde 68.2% % % 463 South West 51.8% % % 402 Sutherland 65.7% % % 512 Outer West & Blue Mountains Outer South West Baulkham Hills & Hawkesbury Blacktown South West Parramatta North Sydney & Hornsby Ryde Inner South West Sutherland Central Coast Northern Beaches Inner West Eastern s City & Inner South 94 1,573 Sydney sub-region summary The performance across Sydney s subregions over the September quarter saw clearance s as high as 78.3 per cent across the Eastern s, and as low as 44.5 per cent across the Outer South West. s were down on a quarterly basis across all 15 sub-regions, with the greatest fall recorded in Ryde, where the clearance has fallen -9.9 per cent to 68.2 per cent. Interestingly, 6 of the 15 subregions had clearance s below 60 per cent this quarter, compared to 3 over the June quarter and just 1 over the September 2016 quarter. Just 3 of the sub-regions recorded clearance s above 70 per cent this quarter, compared to 8 the previous quarter and 10 over the same quarter last year. Despite lower clearance s, auction volumes have increased across all subregions when compared to this time last year, with the largest increase seen across the Inner South West region, where an additional 341 homes were up for auction this quarter. Although auction volumes have increased year-on-year, volumes have fallen over the last quarter across all but two sub-regions. North Sydney and Hornsby was the busiest sub-region again this quarter with 1,573 homes taken to auction. Overall, the clearance for Sydney fell -6.5 per cent to 66.8 per cent over the September quarter, while there were 883 fewer homes taken to auction across the city. Current volumes in Sydney are higher than this time last year, while the clearance is per cent lower than it was over the September 2016 quarter.

6 Capital city sub-regions (Melbourne) Sub-region Melbourne Inner 68.8% 2, % 2, % 1,892 Inner East 67.1% 1, % 1, % 1,152 Inner South 73.2% 1, % 1, % 1,409 North East 76.6% 1, % 1, % 1,239 North West 79.2% 1, % 1, % 867 Outer East 78.2% % 1, % 746 South East 72.1% 1, % 1, % 1,017 West 71.4% 1, % 1, % 1,191 Mornington Peninsula 73.2% % % ,328 North West North East West Inner Inner East Outer East Inner South South East Mornington Peninsula Melbourne, sub-region summary Over the September 2017 quarter, clearance s fell across 7 of the 9 sub-regions, with clearance s across the South East and the Mornington Peninsula remaining fairly consistent, increasing by just 0.2 per cent and 0.1 per cent respectively. Auction volumes increased across 3 Melbourne sub-regions over the quarter with the most substantial increase across the West, where an extra 230 homes were taken to auction when compared to the June quarter. Year-on-year, auction volumes have increased across all 9 subregions, while the West once again saw the largest increase in volumes, increasing by 807 when compared to this time last year. Overall, while Melbourne has the highest of clearance of all capital cities this quarter (72.6 per cent), the clearance has fallen when compared to both last quarter (75.8 per cent) and this time last year (76.2 per cent).

7 results (city by city) Includes suburbs where at least 20 auction results were reported over the three month period noting that clearance s are calculated based on total auction results collected rather than total held. (Sep Q) (Sep Q) Canberra Sydney (Sep Q) Kambah 82.6% 25 Nicholls 72.7% 23 (Sep Q) Abbotsford 73.9% 24 Alexandria 74.0% 55 Annandale 75.0% 41 Artarmon 72.7% 37 Ashfield 70.8% 67 Auburn 56.8% 40 Avalon Beach 69.0% 52 Balgowlah 70.5% 46 Balmain 67.6% 42 Bankstown 65.8% 44 Bateau Bay 50.0% 27 Baulkham Hills 70.1% 73 Beecroft 55.6% 31 Belfield 60.0% 22 Bellevue Hill 75.8% 49 Belmore 72.7% 24 Beverly Hills 67.9% 29 Bexley 64.3% 46 Blacktown 56.5% 99 Bondi 78.9% 44 Bondi Beach 78.0% 61 Bondi Junction 82.9% 46 Bossley Park 63.3% 31 Botany 70.3% 44 Brighton-Le-Sands 61.9% 23 Bronte 74.1% 29 Burwood 76.3% 44 Cabramatta 64.0% 26 Cammeray 81.3% 35 Camperdown 69.2% 40 Canley Vale 42.9% 22 Caringbah 55.6% 49 Caringbah South 59.3% 58 Carlingford 59.6% 55 Carlton 78.3% 25 Castle Hill 63.5% 89 Casula 34.8% 23 Chatswood 70.7% 65 (Sep Q) Sydney (Sep Q) Cherrybrook 76.7% 32 Clovelly 93.3% 32 Collaroy 63.6% 38 Concord 62.5% 46 Condell Park 66.7% 24 Coogee 78.7% 55 Cremorne 82.5% 62 Cronulla 64.8% 99 Crows Nest 76.0% 27 Croydon 71.4% 23 Croydon Park 79.5% 42 Darling Point 90.5% 28 Darlinghurst 66.7% 58 Dee Why 75.3% 94 Double Bay 82.6% 25 Drummoyne 60.5% 46 Dulwich Hill 85.3% 39 Earlwood 59.5% 43 Eastwood 55.6% 54 Elizabeth Bay 73.1% 36 Engadine 72.7% 23 Epping 58.5% 65 Ermington 54.5% 38 Erskineville 71.1% 40 Fairfield 44.4% 32 Fairlight 74.1% 29 Five Dock 69.2% 28 Frenchs Forest 88.0% 27 Freshwater 71.1% 41 Georges Hall 55.9% 37 Gladesville 63.4% 44 Glebe 67.9% 29 Gordon 68.0% 30 Greenacre 54.4% 62 Greystanes 51.9% 28 Guildford 54.1% 39 Gymea 72.0% 31 Hornsby 78.8% 34 Hunters Hill 72.0% 28 Hurstville 65.5% 31 Kellyville 63.2% 41 Kensington 68.4% 49 Killara 62.5% 29 Kingsford 85.0% 24

8 results (city by city) Includes suburbs where at least 20 auction results were reported over the three month period noting that clearance s are calculated based on total auction results collected rather than total held. (Sep Q) Sydney (Sep Q) Kingsgrove 63.3% 31 Kirrawee 77.3% 23 Kogarah 70.0% 21 Lane Cove 71.4% 63 Lane Cove North 78.9% 62 Leichhardt 71.4% 47 Lidcombe 67.5% 43 Lilyfield 61.5% 27 Lindfield 73.3% 39 Liverpool 62.5% 35 Manly 75.0% 104 Manly Vale 80.0% 28 Maroubra 74.2% 93 Marrickville 74.0% 78 Marsfield 93.0% 45 Mascot 55.0% 48 Matraville 80.0% 32 Menai 84.0% 27 Merrylands 60.0% 37 Miranda 51.0% 54 Mona Vale 56.7% 53 Monterey 61.9% 22 Moorebank 35.0% 21 Mortdale 69.0% 32 Mosman 71.1% 129 Naremburn 58.1% 33 Narrabeen 77.5% 50 Neutral Bay 85.5% 60 Newport 52.5% 57 Newtown 71.6% 80 North Bondi 85.7% 42 North Rocks 63.6% 23 North Ryde 80.0% 40 North Sydney 71.4% 31 Oatley 68.3% 41 Oyster Bay 77.3% 23 Paddington 74.2% 71 Padstow 68.4% 43 Panania 85.7% 29 Parramatta 57.9% 41 Peakhurst 61.5% 27 Pennant Hills 42.9% 29 Penshurst 76.9% 27 Petersham 65.5% 32 (Sep Q) Sydney (Sep Q) Potts Point 73.5% 40 Pymble 60.4% 60 Pyrmont 81.4% 49 Randwick 85.0% 131 Redfern 65.5% 58 Revesby 70.3% 42 Rockdale 72.7% 24 Rose Bay 78.8% 40 Rosebery 58.3% 29 Roselands 58.6% 32 Roseville 72.0% 31 Rozelle 70.0% 37 Ryde 66.7% 81 Sans Souci 59.3% 30 Seaforth 70.4% 30 Seven Hills 51.9% 28 Smithfield 61.5% 27 St Ives 65.2% 84 St Leonards 70.0% 25 Stanmore 81.3% 33 Strathfield 72.9% 51 Summer Hill 78.3% 26 Surry Hills 65.4% 89 Sutherland 62.1% 29 Sydney 70.8% 30 Sylvania 68.0% 29 Terrigal 73.9% 25 Thornleigh 39.1% 24 Turramurra 71.4% 61 Vaucluse 80.6% 41 Wahroonga 58.8% 67 Waterloo 63.3% 35 Waverley 80.0% 22 West Pennant Hills 54.2% 28 West Pymble 60.6% 37 West Ryde 75.9% 32 Willoughby 75.0% 36 Wollstonecraft 80.4% 60 Woollahra 81.1% 40 Yagoona 75.6% 46

9 results (city by city) Includes suburbs where at least 20 auction results were reported over the three month period noting that clearance s are calculated based on total auction results collected rather than total held. (Sep Q) (Sep Q) Bardon 46.4% 36 Calamvale 50.0% 30 Coorparoo 45.5% 24 Eight Mile Plains 48.4% 31 Paddington 57.1% 36 Runcorn 63.6% 26 Sunnybank 36.4% 22 Sunnybank Hills 46.3% 55 Wynnum 45.7% 36 (Sep Q) Brisbane Melbourne (Sep Q) Abbotsford 56.3% 35 Aberfeldie 71.4% 21 Airport West 97.0% 35 Albert Park 63.0% 28 Altona 74.1% 56 Altona Meadows 96.3% 28 Altona North 76.6% 54 Armadale 73.1% 54 Ascot Vale 78.0% 64 Ashburton 75.0% 30 Ashwood 83.3% 25 Aspendale 52.2% 23 Avondale Heights 71.4% 30 Balaclava 59.4% 37 Balwyn 66.7% 57 Balwyn North 57.5% 80 Bayswater 85.3% 38 Beaumaris 72.1% 44 Bentleigh 61.4% 73 Bentleigh East 69.2% 116 Berwick 73.9% 47 Black Rock 68.0% 28 Blackburn 65.3% 54 Blackburn North 76.5% 38 Blackburn South 80.6% 33 Boronia 77.8% 57 Box Hill 70.0% 34 Box Hill North 66.7% 59 Box Hill South 72.7% 45 Braybrook 68.8% 32 Brighton 70.0% 96 (Sep Q) Melbourne (Sep Q) Brighton East 75.0% 61 Broadmeadows 85.7% 69 Brunswick 70.2% 113 Brunswick East 72.7% 61 Brunswick West 70.9% 59 Bulleen 62.1% 31 Bundoora 78.8% 89 Burwood 68.8% 54 Burwood East 76.7% 32 Cairnlea 50.0% 23 Camberwell 65.4% 84 Canterbury 70.6% 37 Carlton 54.1% 41 Carnegie 77.9% 94 Caroline Springs 71.0% 33 Carrum 75.0% 20 Carrum Downs 83.3% 25 Caulfield North 70.2% 68 Caulfield South 72.9% 58 Chadstone 72.0% 53 Chelsea 83.3% 24 Cheltenham 81.1% 78 Clayton 77.5% 44 Clayton South 84.4% 40 Clifton Hill 85.0% 22 Coburg 70.5% 101 Coburg North 86.7% 30 Collingwood 86.2% 31 Craigieburn 80.0% 164 Croydon 75.0% 79 Dandenong 54.7% 58 Dandenong North 76.9% 57 Deer Park 60.9% 48 Diamond Creek 77.3% 24 Dingley Village 85.3% 34 Doncaster 55.8% 57 Doncaster East 68.9% 95 Donvale 77.8% 29 Doveton 68.0% 26 Dromana 63.6% 35 East Melbourne 63.6% 26 Edithvale 69.2% 28 Elsternwick 84.8% 36 Eltham 84.1% 45

10 results (city by city) Includes suburbs where at least 20 auction results were reported over the three month period noting that clearance s are calculated based on total auction results collected rather than total held. (Sep Q) Melbourne (Sep Q) Eltham North 90.5% 22 Elwood 63.5% 96 Endeavour Hills 88.0% 51 Epping 79.8% 113 Essendon 68.9% 74 Fairfield 68.2% 24 Fawkner 72.4% 33 Ferntree Gully 81.0% 73 Fitzroy 72.7% 45 Fitzroy North 83.8% 39 Flemington 83.3% 26 Footscray 60.0% 79 Forest Hill 72.5% 40 Frankston 72.6% 101 Frankston South 77.8% 39 Gladstone Park 73.1% 26 Glen Huntly 80.0% 28 Glen Iris 72.2% 99 Glen Waverley 65.2% 145 Glenroy 76.7% 93 Greensborough 79.7% 72 Greenvale 72.5% 53 Hadfield 81.0% 22 Hampton 75.0% 46 Hampton East 65.0% 21 Hawthorn 65.9% 91 Hawthorn East 70.0% 62 Heathmont 83.8% 38 Heidelberg 70.8% 25 Heidelberg Heights 71.0% 31 Heidelberg West 76.9% 26 Highett 81.8% 57 Hillside 71.4% 46 Hoppers Crossing 75.9% 137 Hughesdale 75.0% 21 Ivanhoe 63.4% 43 Keilor Downs 72.0% 27 Keilor East 84.6% 53 Kensington 79.1% 52 Kew 69.0% 125 Kew East 52.9% 35 Keysborough 67.9% 62 Kings Park 61.5% 27 Kingsville 65.2% 23 (Sep Q) Melbourne (Sep Q) Knoxfield 78.1% 36 Lalor 89.7% 82 Macleod 93.8% 33 Maidstone 69.8% 57 Malvern 61.5% 43 Malvern East 67.2% 72 Maribyrnong 63.6% 63 Mckinnon 81.0% 24 Meadow Heights 88.2% 36 Melbourne 56.3% 74 Melton 73.9% 23 Melton South 93.5% 32 Melton West 84.0% 26 Mentone 83.6% 56 Mernda 88.2% 35 Mill Park 79.8% 102 Mitcham 87.0% 60 Mont Albert 81.0% 25 Mont Albert North 67.9% 31 Montmorency 74.3% 37 Moonee Ponds 73.4% 70 Mooroolbark 60.0% 27 Mordialloc 66.7% 41 Mornington 79.4% 37 Mount Waverley 74.2% 163 Mulgrave 79.6% 56 Murrumbeena 82.1% 41 Narre Warren 89.3% 31 Narre Warren South 75.0% 26 Newport 73.5% 77 Niddrie 80.8% 29 Noble Park 62.5% 75 North Melbourne 64.9% 63 Northcote 71.9% 95 Nunawading 82.1% 40 Oak Park 75.9% 29 Oakleigh 64.5% 35 Oakleigh South 77.8% 39 Ormond 72.2% 40 Pakenham 75.7% 40 Parkdale 65.9% 46 Parkville 23.8% 29 Pascoe Vale 77.0% 103 Pascoe Vale South 63.0% 28

11 results (city by city) Includes suburbs where at least 20 auction results were reported over the three month period noting that clearance s are calculated based on total auction results collected rather than total held. (Sep Q) Melbourne (Sep Q) Point Cook 77.2% 57 Port Melbourne 72.7% 94 Prahran 74.6% 79 Preston 67.0% 106 Reservoir 73.3% 244 Richmond 66.7% 150 Ringwood 73.1% 55 Ringwood East 76.5% 35 Ringwood North 81.0% 22 Rosanna 74.2% 31 Rosebud 66.0% 53 Rowville 76.5% 56 Roxburgh Park 86.3% 56 Rye 73.7% 40 Sandringham 76.3% 41 Seaford 81.8% 47 Seddon 72.7% 25 South Melbourne 52.0% 51 South Morang 69.9% 75 South Yarra 66.7% 119 Springvale 58.3% 40 Springvale South 45.5% 26 St Albans 65.6% 138 St Kilda 69.9% 106 St Kilda East 80.6% 72 Strathmore 62.1% 34 Sunbury 77.9% 81 Sunshine 63.4% 44 Sunshine North 73.7% 41 Sunshine West 63.8% 60 Surrey Hills 68.4% 58 Sydenham 87.0% 27 Tarneit 76.8% 64 Taylors Hill 89.7% 32 Taylors Lakes 71.4% 38 Templestowe 53.8% 53 Templestowe Lower 56.8% 49 Thomastown 77.2% 80 Thornbury 71.9% 67 Toorak 75.9% 65 Truganina 59.1% 24 Tullamarine 86.8% 41 Vermont 71.9% 34 Vermont South 65.4% 27 (Sep Q) Melbourne (Sep Q) Viewbank 80.0% 21 Wantirna 79.5% 42 Wantirna South 84.6% 61 Watsonia 92.6% 27 Werribee 77.6% 123 West Footscray 76.0% 53 West Melbourne 85.7% 23 Westmeadows 78.8% 35 Wheelers Hill 72.9% 62 Williamstown 58.3% 57 Windsor 71.0% 34 Wollert 64.2% 57 Wyndham Vale 76.1% 49 Yarraville 58.8% 73

12 Methodology note Each week CoreLogic collects the most comprehensive set of auction results available in Australia. Thank you to our vast network of real estate professionals who assist us with aggregating these results. On average, CoreLogic collects approximately 90% of auction results each week with final results released each Thursday. A cleared auction refers to those properties that were either successfully auctioned on the day, sold before the auction or sold after the auction. Properties which are sold after the auction must be reported to CoreLogic by three days after the week has ended to be included in the clearance. Auctions that pass in or are withdrawn are counted as unsuccessful. s are calculated across properties that have been taken to auction over the past week. The auction statistics presented in this report are calculated on a weekly basis and have been rolled up into quarterly reporting as per the below time frames. September 2017 quarter: based on results from 26 June 2017 to 1 October 2017 June 2017 quarter: based on results from 27 March 2017 to 25 June 2017 September 2016 quarter: based on results from 27 June 2016 to 25 September 2016 Auction clearance s at a suburb level will only be displayed when at least 20 results were reported to CoreLogic over the reporting period. Click here for details on how to submit your auction results.

13 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 Australia s most comprehensive property databases, the company s 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 or visit Granular Data and Analytics Driving Growth in your Business CoreLogic produces an advanced suite of housing market analytics that provides key insights for understanding housing market conditions at a granular geographic level. Granular data is often used for portfolio analysis and benchmarking, risk assessments and understanding development feasibility and market sizing. It gives industry professionals valuable modules which provide essential analytics and insights for decision making and stgy formation within the residential property asset class. We can tailor reports to suit your business requirements. Call us on or us at ask@corelogic.com.au or visit us at Market Scorecard: Monitor and measure performance of an individual office or a Franchise brand month on month through a detailed view of the Real Estate Listing and Sales market share across Australia. With the ability to gather market share statistics within your active market this product is designed to identify the completing brands and independents at a suburb, postcode, user defined territory and State level. Easily locate growth opportunities and market hotspots allowing you to view the performance of the established offices in these new areas of interest. Market Trends: Detailed housing market indicators down to the suburb level, with data in time series or snapshot delivered monthly. CoreLogic s Market Trends data is segmented across houses and units. The Market Trends data includes key housing market metrics such as median prices, median values, transaction volumes, rental statistics, vendor metrics such as average selling time and vendor discounting s. CoreLogic Indices: The suite of CoreLogic indices range from simple market measurements such as median prices through to repeat sales indices and our flagship hedonic home value indices. The CoreLogic RP Data index has been specifically designed to track the value of a portfolio of properties over time and is relied upon by Australian regulators and industry as the most up to date and accu measurement of housing market performance. Economist Pack: A suite of indices and indicators designed specifically for Australian economic commentators who require the most up to date and detailed view of housing market conditions. The economist pack includes the CoreLogic hedonic indices for capital cities and rest of state indices, the stratified hedonic index, hedonic total return index, auction clearance s and median prices. Investor Concentration Report: Understanding ownership concentrations is an important part of assessing risk. Areas with high investor concentrations are typically allocated higher risk ratings due to the over-representation of a particular segment of the market. Through a series of rules and logic, CoreLogic has flagged the likely ownership type of every residential property nationally as either owner occupied, investor owned or government owned. Mortgage Market Trend Report: CoreLogic is in a unique position to monitor mortgage related housing market activity. Transaction volumes, dwelling values and mortgage related valuation events all comprise our Mortgage market trend report which provides an invaluable tool for mortgage industry benchmarking and stgy.

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