560 540
520 500 480 14/04/2010
14/10/2010
14/04/2011
14/10/2011
14/04/2012
14/10/2012
14/04/2013
Results are based on the daily rpdata-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.
$600,000
$482,000
$470,000
$430,000
$430,000
$432,500
$460,000
$529,000
$417,500
$295,000
$316,000
$300,000
$365,000
$392,000
$0
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.
Time on market
100 days Houses 90 days 80 days Units -1.0% 0.0%
Vendor discounting
84 days
83 days
80 days
79 days
77 days
72 days
-3.0%
66 days
61 days
-5.2%
55 days
53 days
49 days
-5.0%
47 days
-6.5%
-6.4%
40 days
45 days
38 days
35 days
-7.8%
33 days
-8.0%
-7.9%
-8.0% -9.0%
-8.7%
Houses
-10.0%
Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra Sydney
Units
Melbourne Brisbane Adelaide Perth Hobart
-9.6%
Darwin
-8.0%
30 days
-7.0%
-7.8%
-7.3%
-6.0%
-6.6%
-5.3%
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 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.
Capital city auction statistics (preliminary) Weekly clearance rate, combined capital cities
City Sydney Melbourne Brisbane Adelaide Perth Tasmania Northern Territory Canberra Weighted Average Clearance Total rate auctions 68.6% 67.5% 40.0% 47.6% 20.0% 23.1% 0.0% 41.9% 62.5% 530 610 98 63 26 19 5 49 1,400 RP Data auction results 379 538 80 42 15 13 4 31 1,102 Cleared Uncleared auctions auctions 260 363 32 20 3 3 0 13 694 119 175 48 22 12 10 4 18 408
90.0%
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. rpdata, on average, collects 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.
-5.2%
-4.0%
-3.7%
-3.1%
-2.0%
$419,950
120,000
100,000 80,000 60,000
40,000
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. The new data for the ACT is scheduled for release early in 2013.
60
40 20 0 Apr 09
RP Data Mortgage Index (seas adj) Oct 10 Apr 11 Oct 11 Apr 12 Oct 12 Apr 13
rpdata 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.
100
50 0 Apr 09
Oct 09
Apr 10
Oct 10
Apr 11
Oct 11
Apr 12
Oct 12
Apr 13
The rpdata Listings Index provides a lead indicator for the number of residential dwellings that are being prepared for sale across the Australian housing market. rpdata customers account for over 70% of all listings in the Australian property market. The index, which tracks the flow of metadata across rpdatas real estate data platform, shows a 75% correlation with the number of new listings about to enter the market.
75 St Vincent Place, Albert Park, Vic 3 bed, - bath, 2 car house $4,300,000 Cayzer Real Estate Albert Park
2 Rowe Street, Alphington, Vic 5 bed, 2 bath, 2 car house $3,000,000 Miles Real Estate Ivanhoe & Rosanna
20 Wallace Street, Greenwich, NSW 4 bed, 4 bath, 2 car house $2,692,000 Century 21 Blunts
7 Mort Street, Randwick, NSW 4 bed, 2 bath, 1 car house $2,520,000 Di Jones Real Estate
1 Edgecliffe Avenue, South Coogee, NSW 4 bed, 3 bath, 2 car house $2,400,000 BHR Estate Agents
24 Russell Avenue, Lindfield, NSW 5 bed, 3 bath, 2 car house $2,311,000 Richardson & Wrench Chatswood
70A Read Street, Bronte, NSW 4 bed, 3 bath, 2 car house $2,210,000 goodyerDonnelley Woollahra
165 The Boulevard, Floreat, WA 4 bed, 3 bath, 2 car house $2,200,000 Airey Real Estate
37 Oatley Road, Paddington, NSW 4 bed, 3 bath, 2 car house $2,130,000 BresicWhitney Estate Agents Darlinghurst
19 Iluka Road, Palm Beach, NSW 5 bed, 3 bath, 2 car house $1,975,000 Andrew Blake Real Estate Avalon
Value guide: recent sales around the states and territories $200,000 to $400,000
Australian Capital Territory New South Wales Northern Territory Queensland
26/6 Beazley Crescent, Calwell, ACT 3 bed, 1 bath, 1 car unit $339,000 McGrath Estate Agents Woden
66 days on the market Price guide over $340,000 Held for 10.0 years Average annual growth of 6.0%
65 Sixteenth Avenue, Sawtell, NSW 4 bed, 1 bath, 1 car house $390,000 Unreal Estate Coffs Coast
179 days on the market -9.1% vendor discounting Held for 12.1 years Average annual growth of 9.6%
13/79 Kalymnos Drive, Karama, NT 2 bed, 1 bath, 1 car unit $385,000 Active Realty Northern Territory
No listing data available Held for 0.4 years Average annual growth of 8.6%
225 Cane Street, Redland Bay, Qld 3 bed, 1 bath, 3 car house $330,000 Professionals Redland Bay
180 days on the market -5.4% vendor discounting Held for 2.1 years Average annual growth of 3.7%
South Australia
Tasmania
Victoria
Western Australia
30 Abraham Drive, Whyalla Stuart, SA 4 bed, 1 bath, 2 car house $360,000 Professionals Whyalla
114 days on the market Listing price $360,000 Held for 15.9 years Average annual growth of 8.0%
25 Kirabati Road, Midway Point, Tas 3 bed, 1 bath, 3 car house $285,000 Ripple Realty West Moonah
228 days on the market -5.0% vendor discounting Held for 3.5 years Previously sold for $325,000
25 Lesley Drive, Hampton Park, Vic 3 bed, 1 bath, 1 car house $286,000 Keen Real Estate
15 Swell Drive, Kalgoorlie, WA 3 bed, 1 bath, 1 car house $390,000 Metro Property Group Kalgoorlie
91 days on the market -1.3% vendor discounting Held for 2.4 years Average annual growth of 6.5%
62 days on the market Offers over $280,000 Held for 20.7 years Average annual growth of 5.5%
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