The document provides preliminary auction results for various regions in Sydney, Melbourne, and other Australian cities and regions for the week ending February 12, 2017. The key details are:
- The preliminary clearance rate for auctions across the capital cities was 76.6%, up from the previous week. Sydney had a rate of 84.8% and Melbourne 75.4%.
- Auction volumes increased significantly week-over-week across most capital cities. There were 1,564 properties auctioned compared to 1,400 at the same time last year.
- Other regions like the Hunter in NSW had a preliminary clearance rate of 68.3%, while the Gold Coast was 52.9% and Sunshine Coast 44
Low Rate Call Girls In Madipur Slum Quarter +91)8447779280Low Rate 2 short 2...
Sydney, Melbourne auction clearance rates and property prices
1. Sydney sub-regions
Clearance
rate
Total
auctions
CoreLogic
auction
results
Central Coast 88.0% 51 25
Baulkham Hills and Hawkesbury n.a. 16 7
Blacktown 80.0% 13 10
City and Inner South 88.1% 74 42
Eastern Suburbs 96.2% 36 26
Inner South West 85.7% 59 42
Inner West 90.5% 64 42
North Sydney and Hornsby 94.8% 85 58
Northern Beaches 93.0% 72 43
Outer South West n.a. 8 7
Outer West and Blue Mountains n.a. 7 7
Parramatta 63.2% 30 19
Ryde 81.3% 38 16
South West 61.9% 38 21
Sutherland 77.8% 39 27
Melbourne sub-regions
Inner 72.6% 94 51
Inner East 82.1% 39 28
Inner South 61.9% 77 42
North East 89.2% 44 37
North West 77.4% 49 31
Outer East 74.4% 49 39
South East 79.0% 58 38
West 69.8% 91 53
Mornington Peninsula 80.0% 39 25
Regional auction results
Hunter 68.3% 76 41
Wollongong 66.7% 55 36
Gold Coast 52.9% 47 17
Sunshine Coast 44.0% 49 25
Geelong 73.3% 35 15
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Feb 11 Feb 12 Feb 13 Feb 14 Feb 15 Feb 16 Feb 17
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Feb 11 Feb 12 Feb 13 Feb 14 Feb 15 Feb 16 Feb 17
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Feb 11 Feb 12 Feb 13 Feb 14 Feb 15 Feb 16 Feb 17
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Feb 11 Feb 12 Feb 13 Feb 14 Feb 15 Feb 16 Feb 17
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Feb 11 Feb 12 Feb 13 Feb 14 Feb 15 Feb 16 Feb 17
City
Clearance
rate
Total
auctions
CoreLogic
auction
results
Cleared
auctions
Uncleared
auctions
Clearance
rate
(last year)
Total
auctions
(last year)
Sydney 84.8% 633 395 335 60 78.1% 513
Melbourne 75.4% 542 345 260 85 74.4% 556
Brisbane 65.7% 129 70 46 24 48.4% 111
Adelaide 72.3% 87 47 34 13 75.0% 91
Perth 37.5% 74 16 6 10 31.6% 46
Tasmania 60.0% 13 5 3 2 52.4% 24
Canberra 80.0% 86 60 48 12 71.2% 59
Weighted
Average
76.6% 1,564 938 732 206 71.8% 1,400
Preliminary clearance rates surges to 76.6 per cent as the number of auctions continues to trend higher
It has been strong week for auction activity across the capital cities, with the number of auctions more than doubling compared with last week in
Sydney and Melbourne. Despite the surge in the number of auctions held, the combined capitals region recorded a preliminary auction clearance
rate of 76.6 per cent, up from last week, when the final clearance rate dipped to 68.7 per cent. Auction volumes saw a significant increase over
the week, with volumes rising week-on-week across all of the capital cities, with the exception of Adelaide which saw a decrease. There were
1,564 properties taken to auction across the combined capital cities this week, compared to last week’s 881. At the same time last year, auction
volumes were lower, with 1,400 capital city auctions held with a lower rate of clearance (71.8 per cent). The two largest auctions markets,
Sydney and Melbourne, recorded a preliminary clearance rate of 84.8 per cent and 75.4 per cent respectively, suggesting that vendors are still
very much in the driver’s seat across these markets.
Weekly clearance rate, Melbourne
Weekly clearance rate, Adelaide
Weekly clearance rate, Sydney
1
The above results are preliminary, with ‘final’ auction clearance rates published each Thursday. CoreLogic, 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.
CoreLogic Property Market Indicator Summary
All data to week ending 12 February 2017
Capital city auction statistics (preliminary) Weekly clearance rate, combined capital cities
Weekly clearance rate, Brisbane
2. $786,844
$565,000
$515,000
$440,000
$515,000
$350,000
$566,250
$587,750
$675,000
$450,000
$388,000
$310,000
$429,000
$313,000
$365,000
$410,000
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra
Houses Units
Capital city
Number
of Sales
Median
price
Number
of Sales
Median
price
Sydney 1,793 $786,844 966 $675,000
Melbourne 1,554 $565,000 663 $450,000
Brisbane 1,432 $515,000 265 $388,000
Adelaide 741 $440,000 135 $310,000
Perth 1,142 $515,000 237 $429,000
Hobart 188 $350,000 38 $313,000
Darwin 46 $566,250 14 $365,000
Canberra 138 $587,750 85 $410,000
Combined Capitals 7,034 $584,792 2,403 $519,599
HOUSES UNITS
0
10,000
20,000
30,000
40,000
50,000
Feb 10 Feb 11 Feb 12 Feb 13 Feb 14 Feb 15 Feb 16 Feb 17
Total listings New listingsCapital city
No of new
listings
12 mth
change (%)
No of total
listings
12 mth
change (%)
Sydney 7,770 1.0% 19,267 -11.0%
Melbourne 8,401 -2.0% 25,952 -7.6%
Brisbane 4,458 -0.6% 19,213 5.3%
Adelaide 2,127 -3.1% 8,146 0.7%
Perth 4,149 -6.1% 21,860 3.6%
Hobart 429 -0.5% 1,682 -33.2%
Darwin 158 -26.9% 1,504 -2.7%
Canberra 789 17.2% 1,950 -6.5%
Combined capitals 28,281 -1.4% 99,574 -3.6%
560
580
600
620
640
660
680
700
720
740
760
780
800
820
Feb 14 Aug 14 Feb 15 Aug 15 Feb 16 Aug 16 Feb 17
Daily Index Value
Capital city
Weekly
change
Monthly
change
Yr to date
change
12 mth
change
Sydney 0.9% 2.4% 2.2% 16.9%
Melbourne -0.4% -0.6% 0.2% 11.4%
Brisbane -0.3% 0.6% 0.2% 4.1%
Adelaide 0.5% 1.5% 1.0% 5.3%
Perth -1.0% 0.6% -0.9% -2.9%
Combined 5 capitals 0.1% 1.0% 1.0% 10.9%
2
Results are based on the CoreLogic 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.
*Brisbane results are for the combined Brisbane and Gold Coast
region. The monthly change is the change over the past 28 days.
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.
CoreLogic Property Market Indicator Summary
All data to week ending 12 February 2017
Capital city home value changes Daily home value index, 5 capital city aggregate
Capital city private treaty median prices Median house and unit prices
Capital city properties listed for sale Number of homes for sale, combined capital cities
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.
To access detailed analysis of some of these key indicators on a suburb level, please log into your CoreLogic Professional
system or contact us on info@corelogic.com.au. Alternatively, ring 1300 734 318 to subscribe to Market Trends
3. 50
100
150
200
250
300
350
400
Feb 13 Aug 13 Feb 14 Aug 14 Feb 15 Aug 15 Feb 16 Aug 16 Feb 17
Listing Index
Region Index value
Month on month
change
Month on month
change (seas adj)
National 361.7 93.0% -3.2%
NSW 421.0 115.6% -4.2%
QLD 272.5 77.5% -2.2%
SA 310.0 78.2% -5.5%
TAS 154.1 96.4% -2.6%
VIC 493.0 95.7% -2.6%
WA 344.2 69.5% -2.4%
Region Index value
Month on month
change
Month on month
change (trend)
National 116.6 15.7% -8.9%
NSW 153.6 20.8% -11.0%
QLD 114.6 23.7% -8.9%
SA 77.0 8.0% -5.5%
TAS 94.7 28.7% -4.1%
VIC 120.8 6.5% -8.2%
WA 92.2 23.2% -9.0%
0
20
40
60
80
100
120
140
160
180
Feb 13 Aug 13 Feb 14 Aug 14 Feb 15 Aug 15 Feb 16 Aug 16 Feb 17
Mortgage Index
Mortgage Index (rolling three month trend)
ABS Owner Occupier housing finance commitments (monthly)
-4.1%
-3.6%
-5.4%
-5.5%
-8.1%
-4.7%
-8.3%
-2.5%
-4.1%
-5.1%
-6.2%
-6.8%
-9.2%
-4.9%
-10.5%
-2.9%
-12%
-11%
-10%
-9%
-8%
-7%
-6%
-5%
-4%
-3%
-2%
-1%
0%
Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra
Houses Units
51days
46days
75days
69days
89days
48days
102days
55days
52days
62days
92days
71days
97days
43days
118days
67days
days
10 days
20 days
30 days
40 days
50 days
60 days
70 days
80 days
90 days
100 days
110 days
120 days
Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra
Houses UnitsCapital city
Median
TOM
Avg Vendor
Disc.
Median
TOM
Avg Vendor
Disc.
Sydney 51 days -4.1% 52 days -4.1%
Melbourne 46 days -3.6% 62 days -5.1%
Brisbane 75 days -5.4% 92 days -6.2%
Adelaide 69 days -5.5% 71 days -6.8%
Perth 89 days -8.1% 97 days -9.2%
Hobart 48 days -4.7% 43 days -4.9%
Darwin 102 days -8.3% 118 days -10.5%
Canberra 55 days -2.5% 67 days -2.9%
HOUSES UNITS
‘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 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.
3
CoreLogic 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.
The CoreLogic Listings Index provides a lead indicator for the number of residential dwellings that are being prepared for sale across the Australian housing
market. CoreLogic customers account for over 70% of all listings in the Australian property market. The index, which tracks the flow of metadata across
CoreLogic’s real estate data platform, shows a 75% correlation with the number of new listings about to enter the market.
Capital city median time on market and
average vendor discounting results
Median time on market Average vendor
discounting
Mortgage market activity CoreLogic Mortgage Index
Listing market activity CoreLogic Listing Index
CoreLogic Property Market Indicator Summary
All data to week ending 12 February 2017
To access detailed analysis of some of these key indicators on a suburb level, please log into your CoreLogic Professional
system or contact us on info@corelogic.com.au. Alternatively, ring 1300 734 318 to subscribe to Market Trends
4. 4
CoreLogic Property Market Indicator Summary
All data to week ending 12 February 2017
To access detailed analysis of some of these key indicators on a suburb level, please log into your CoreLogic Professional
system or contact us on info@corelogic.com.au. Alternatively, ring 1300 734 318 to subscribe to Market Trends
Top two sales over the past week, states and territories
69 Mackenzie St,
Hackett, ACT
5 Bed, 3 Bath, 2 Car house
$1,246,000
One Agency Crane
Properties Gungahlin
35 The Point Rd,
Woolwich, NSW
4 Bed, 4 Bath, 4 Car house
$6,680,000
McGrath Estate Agents
151 Woods Tce,
Braitling, NT
4 Bed, 2 Bath, 7 Car house
$550,000
Elders Alice Springs
32 Ivy St,
Indooroopilly, Qld
5 Bed, 5 Bath, 5 Car house
$3,250,000
McGrath Estate Agents
60 Galore St,
Crace, ACT
4 Bed, 3 Bath, 2 Car
$1,175,000
McGrath Estate Agents
79A Fletcher St,
Tamarama, NSW
4 Bed, 3 Bath, 2 Car house
$4,775,000
Phillips Pantzer Donnelley
Woollahra
4 Mayhew Cres,
Jingili, NT
3 Bed, 1 Bath, 2 Car house
$530,000
Home Zone NT Darwin
4 Garrick St,
Coolangatta, Qld
4 Bed, 4 Bath, 4 Car house
$2,370,000
McGrath Estate Agents
Australian Capital Territory
New South Wales
Northern Territory
Queensland
5. 5
CoreLogic Property Market Indicator Summary
All data to week ending 12 February 2017
To access detailed analysis of some of these key indicators on a suburb level, please log into your CoreLogic Professional
system or contact us on info@corelogic.com.au. Alternatively, ring 1300 734 318 to subscribe to Market Trends
Top two sales over the past week, states and territories
397 Esplanade,
Henley Beach, SA
3 Bed, 2 Bath, 4 Car house
$2,170,000
Bruse Real Estate
5 Derwentwater Ave,
Sandy Bay, Tas
4 Bed, 2 Bath, 4 Car house
$1,050,000
Harcourts Hobart
200 South Rd,
Brighton East, Vic
4 Bed, 1 Bath, 1 Car house
$1,920,000
Nick Johnstone Real Estate
Brighton
4/62 Marine Pde,
Cottesloe, WA
3 Bed, 3 Bath, 2 Car house
$3,350,000
Shellabears Cottesloe
35 Star And Arrow Rd,
Cherry Gardens, SA
6 Bed, 2 Bath, 14 Car house
$1,300,000
Lauraine Burrowes Real
Estate Hahndorf
321 Brightwater Rd,
Howden, Tas
4 Bed, 2 Bath, 7 Car house
$868,000
Harcourts Kingborough
Kingston
80 Alfrieda St,
St Albans, Vic
3 Bed, 2 Bath, 2 Car house
$1,810,000
Ray White St Albans
10 The Lane ,
Churchlands, WA
4 Bed, 2 Bath, 2 Car house
$1,260,000
LJ Hooker Claremont
South Australia
Tasmania
Victoria
Western Australia