Decile Report - Property Data Reports & Analytics Online

© Copyright 2018 | RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property

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permitted. The information is deemed reliable but not guaranteed.

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© Copyright 2018. RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic) and its licensors are the sole and exclusive owners of all rights, title and interest (including intellectual property rights) subsisting in this publication including any data, analytics, statistics and other information. All rights reserved.

Decile ReportMay 2018

Prepared by CoreLogic




Introduction

Housing is Australia’s most valuable asset class, valued

at an estimated $7.5 trillion, so it’s important to measure

housing market conditions as accurately as possible.

Understanding the trends across broad regions are

important and this broad view provides a guide about

the direction of housing values at macro level, however

the market is multi-layered, often with very different

conditions based on location, the style of housing and

position on the value spectrum.

The CoreLogic suite of hedonic home value indices

includes a wide range of sub-indices which provide

opportunities to measure the housing markets

performance at a more granular level; geographically,

across housing types and across valuation cohorts.

One of these sub-indices divides the housing market

into ten equal portions, or deciles, based on the value of

dwellings.

Our decile series provides a more granular view about

the performance of the housing market across value

based segments; which parts of the market are over

performing or underperforming relative to the headline

trends. For example, although values may be broadly

rising across a geography, the premium end of the

market may be showing a very different performance

relative to properties at the most affordable end of the

valuation spectrum.

CoreLogic’s Decile report provides a summary of

housing market conditions nationally and across each of

the capital cities based on change in dwelling values

across each decile. The broad trends sho

On a quarterly basis,

The trends are quite different from city to city, with the

more affordable end of the market the strongest across

Differences in the performance of housing markets

across valuation brackets can be attributed to




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1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th National

Quarterly and annual change in values by decile, National, April 2018

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Decile value ranges, National, April 2018

National dwelling values have over the

three months to April 2018. While headline figures have

While the most expensive properties in

the country have seen the

most affordable 10% of properties have recorded

National dwelling values were over the 12

months to April 2018 which was the annual rate

of growth since values over the 12 months to

Interestingly,

This data highlights just how

The trends across each decile suggest

The country-wide trends will also reflect

Note that although it isn’t shown in the chart below,

National




Quarterly and annual change in values by decile, combined capital cities, April 2018

Decile value ranges, combined capital cities, April 2018

Combined capital city dwelling values have

over the three months to April 2018. It was a more

Over the past year dwelling values

across the combined capitals have

Over the past three months, dwelling values have

Although combined capital city dwelling values

In terms of value ranges, the largest

Combined Capital Cities

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1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th Cap Cities

Quarterly Annual




Quarterly and annual change in values by decile, Sydney, April 2018

Decile value ranges, Sydney, April 2018

Dwelling values in Sydney have f over the three

months to April 2018 as well as being

Over the past three months,

Dwelling values over the 12 months to April 2018 were

Based on the value band performances, housing stock

valued

Sydney

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1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th City-wide

Quarterly Annual




Quarterly and annual change in values by decile, Melbourne, April 2018

Decile value ranges, Melbourne, April 2018

The in Melbourne dwelling values over the

three months to April 2018 was the greatest

Over the 12

months to April 2018, Melbourne dwelling values

Looking at the quarterly value change across the 10

market segments shows values

The 10th decile was the only market sector where values

Based on the annual change data, the market for housing

valued

Melbourne

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Quarterly and annual change in values by decile, Brisbane, April 2018

Decile value ranges, Brisbane, April 2018

Over the three month to April 2018, dwelling values in

Brisbane

Over the 12 months to April 2018,

Brisbane dwelling values

Over the past year values

Based on the quarterly data, dwelling values

Brisbane

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Quarterly and annual change in values by decile, Adelaide, April 2018

Decile value ranges, Adelaide, April 2018

Adelaide dwelling values over the three

months to April 2018 which took values

. Over the past 12 months,

Adelaide dwelling values

The highest valued housing stock, along with those sitting

in the have recorded

Quarterly data indicated that values are broadly

Adelaide

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Decile value ranges, Perth, April 2018

Quarterly and annual change in values by decile, Perth, April 2018

Dwelling values in Perth have been trending

Over the past three months,

values have

Over the three months to April 2018,

The most expensive 10% of properties in Perth was the

Based on recent quarterly data, values broadly

Perth

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Quarterly Annual




Quarterly and annual change in values by decile, Hobart, April 2018

Decile value ranges, Hobart, April 2018

Hobart

While most capital cities are recording

, Hobart values continue to . Over the

three months to April 2018, values in Hobart have

Over the past 12 months, dwelling value in Hobart have

Values have

of the Hobart market over the past three months. The

rate of value growth has been strongest

Over the past 12 months, each of the

Over the past three months, the

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Quarterly and annual change in values by decile, Darwin, April 2018

Decile value ranges, Darwin, April 2018

Darwin

Darwin dwelling values over the three

months to April 2018. Although values were

Darwin dwelling values are currently

Over the past three months each of the

Given this, the data indicates that there

Values have over the past 12 months across each

of the . The most substantial

The greatest over the past three months were

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Quarterly and annual change in values by decile, Canberra, April 2018

Decile value ranges, Canberra, April 2018

Canberra

Canberra dwelling values over the

three months to April 2018. Over the 12 months to April

2018 values

While values over the past three months,

they have

Values have i

Over the past three months, the greatest

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Quarterly Annual




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 1300 734 318 or visit

www.corelogic.com.au

About CoreLogic




© 2018 Copyright RP Data Pty Ltd trading as CoreLogic

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Queensland Data

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Decile Report - Property Data Reports & Analytics Online