2015 09 Pain and Gain Report June QTR

Pain and Gain
June Quarter, 2015

A quarterly assessment of realised gross profit and loss
based on dwelling re-sales over the June Quarter of 2015
Contents
Headline results for June quarter 2015
National overview
Houses vs units
Investor vs owner occupier resales
Hold periods
Focus on regional markets
10
Unit dwellings within lifestyle markets
12
Pain & Gain: Sydney council regions
13
Pain & Gain: Melbourne council regions
14
Pain & Gain: South-East Queensland council regions
15
Pain & Gain: Adelaide council regions
16
Pain & Gain: Perth council regions
17
Pain & Gain: Hobart council regions
19
Pain & Gain: Darwin council regions
20
Pain & Gain: Canberra council regions
21
About CoreLogic RP Data
22
Disclaimers
23
Executive Summary
The Pain and Gain Report is a quarterly analysis of homes which were resold over the quarter. It
compares the most recent sale price to the previous sale price in order to determine whether the property
sold at a gross profit or gross loss. It provides a proxy for the performance of each housing market and
highlights the magnitude of profit or loss the typical seller of a home makes across those regions
analysed.
Over the June 2015 quarter, 9.1% of all homes resold recorded a gross loss when compared to their
previous purchase price. This figure was slightly higher than over the March 2015 quarter (8.9%) and also
slightly higher than the 8.6% recorded over the June 2014 quarter. Although the proportion of lossmaking resales rose, the figure has been fairly steady over the past 12 months. Across those dwellings
which resold at a loss over the quarter, the total value of loss was $411.3 million with an average loss of
$65,585.
While 9.1% of resales were transacted at a loss, the vast majority (90.9%) of properties resold over the
quarter did so at a profit. In fact, 30.8% of homes resold for more than double their previous purchase
price. Across those homes which resold at a profit, the total value of this profit was recorded at $16.1
billion with the average gross profit recorded at $259,174.
The data also highlights the fact that ownership of property, whether for investment or owner occupier
purposes, should be seen as a long-term investment. Across the country, those homes that resold at a
loss had an average length of ownership of 5.3 years. Across all sales recording a gross profit the
average length of ownership was recorded at 9.9 years, while homes which sold for more than double
their previous purchase price were owned for an average of 16.4 years.
The capital city housing markets continue to record a lower proportion of loss-making resales than
regional areas of the country. The trends in regional areas are shifting with the proportion of loss-making
resales trending lower in areas linked to tourism and lifestyle. On the other hand, housing markets linked
to the resources sector are generally seeing an increase in loss-making resales after housing market
conditions in many of these locations have posted a sharp correction.
Pain & Gain Report | June Quarter, 2015
National Overview
Across Australia, 9.1% of all home resales over the June 2015 quarter transacted at a gross loss. The
9.1% figure was slightly higher than over the previous March 2015 quarter (8.9%) and also slightly higher
than the 8.6% recorded over the June 2014 quarter. Although there was a slight rise at a national level,
the proportion of loss making resales has consistently been below 10% over the past 16 months
highlighting a significant improvement in loss-making resales which were as high as 12.9% of all resales
over the September 2012 quarter.
Throughout the combined capital cities, the proportion of loss-making resales is much lower (6.1%) than
across the combined regional areas (15.2%). Across the combined capital cities the proportion of lossmaking resales has risen from 6.0% at the end of March 2015 and is slightly higher than a year ago (also
6.0%). The combined regional markets have a proportion of loss-making resales which is higher than the
previous quarter (14.4%) and higher than the 14.6% recorded a year ago.
Proportion of loss making sales, combined capitals v regional markets
30%
Combined Capitals
Combined Regional
25%
20%
15%
10%
5%
0%
Jun 1997
Jun 2000
Jun 2003
Jun 2006
Jun 2009
Jun 2012
Jun 2015
Focusing on the average length of ownership for homes sold over the quarter, once again there are some
differences between capital city and regional markets. Across the combined capital cities, homes sold at
a loss over the quarter had been owned for an average of 5.3 years compared to 9.9 years for homes
sold at a gain and 16.4 years for those homes which sold for more than double their previous purchase
price. The combined regional markets recorded a 6.4 year average for homes resold at a loss over the
quarter compared to a 10.2 year average for homes sold at a gain and 17.6 years for homes sold for
more than double their previous purchase price.
Nationally there was $411.3 million in realised losses over the quarter at an average of $65,585 and
$16.1 billion in realised profit at an average of $259,174. Across the capital cities, there were $220.3
million in losses with an average of $79,402 per loss-making resale compared to $13.4 billion in profit at
an average of $314,086. The combined regional areas recorded $191.0 million in losses at an average of
$54,619 compared to $2.7 billion in profit at an average of $138,525. The average losses were greater in
the capital cities, however they also generally experienced much greater profits, more than double those
in regional areas.
National Overview
There are some interesting trends emerging throughout the individual capital city housing markets.
Across each city the proportion of loss-making resales is lower than the recent post financial crisis peak.
The proportion of loss-making resales has been largely trending lower in Sydney, Melbourne, Brisbane,
Hobart and Canberra while they are trending higher across the remaining capital cities. Across Perth and
Darwin in particular there has been a fairly rapid lift in the proportion of loss-making resales over recent
months. This is mirroring broader housing market conditions where value growth has stalled, listings are
rising, sales are falling and rental rates are reducing.
Proportion of total resales at a loss over time:
Sydney vs. Melbourne vs. Brisbane vs. Adelaide
30%
25%
Sydney
Melbourne
Brisbane
Adelaide
20%
15%
10%
5%
0%
Jun 2000
Jun 2003
Jun 2006
Jun 2009
Jun 2012
Jun 2015
Within the regional areas of the country the proportion of loss-making resales is higher than those within
the capital cities. The proportion of loss making resales is trending lower in Regional NSW and is fairly
flat in most other areas except for Regional SA, Regional WA and Regional NT where loss-making sales
are trending higher.
When looking at the capital city and regional markets, the lowest proportions of loss making resales are
currently found in: Sydney (2.0%), Melbourne (5.7%), Perth (8.6%) and Regional Vic (8.6%). The highest
proportions of loss making resales were recorded in: Regional WA (24.5%), Regional Qld (22.5%),
Regional SA (20.9%) and Regional Tas (19.9%).
Perth vs. Hobart vs. Darwin vs. Canberra
40%
35%
Perth
Hobart
Darwin
Canberra
30%
25%
20%
15%
10%
5%
0%
Jun 2000
Jun 2003
Jun 2006
Jun 2009
Jun 2012
Jun 2015
Houses vs Units
During the second quarter of 2015, 7.7% of houses which resold transacted for less than their previous
purchase price compared to 12.6% of unit resales. Across the capital cities, 5.0% of houses resold at a
loss compared to 8.4% of units and in regional markets 12.5% of houses resold at a loss compared to
23.8% of units.
Sydney remains the only capital city housing market in which units had a lower proportion of resales at a
loss (1.8%) than houses (2.2%) over the quarter. The differential in loss-making resales between houses
and units was quite substantial across most capital cities and reflects the fact that house values tend to
increase at a more rapid pace than units.
Throughout the regional markets the proportion of loss-making resales for houses and units was much
higher than in the capital cities. Across each regional area, units recorded a greater proportion of lossmaking resales than houses. Regional NT (20.9% vs 52.6%), Regional Tas (23.0% vs 40.4%) and
Regional SA (19.1% vs 36.1%) had the largest gaps between the proportion of loss-making house and
unit sales.
Proportion of total resales at a loss/gain, houses vs. units, June 2015 quarter
Houses
Region
Sydney
Regional NSW
Melbourne
Regional VIC
Brisbane
Regional Qld
Adelaide
Regional SA
Perth
Regional WA
Hobart
Regional TAS
Darwin
Regional NT
Australian Capital Territory
National
Capital City
Regional
Units
Pain
Gain
Pain
Gain
2.2%
8.1%
3.5%
8.4%
7.2%
17.1%
8.9%
19.1%
11.5%
19.6%
7.4%
23.0%
13.2%
20.9%
4.5%
7.7%
5.0%
12.5%
97.8%
91.9%
96.5%
91.6%
92.8%
82.9%
91.1%
80.9%
88.5%
80.4%
92.6%
77.0%
86.8%
79.1%
95.5%
92.3%
95.0%
87.5%
1.8%
13.1%
10.5%
10.3%
16.6%
31.3%
11.6%
36.1%
18.7%
22.1%
14.1%
40.4%
25.3%
52.6%
22.5%
12.6%
8.4%
23.8%
98.2%
86.9%
89.5%
89.7%
83.4%
68.7%
88.4%
63.9%
81.3%
77.9%
85.9%
59.6%
74.7%
47.4%
77.5%
87.4%
91.6%
76.2%
Investor vs Owner Occupier Resales
Throughout the second quarter of 2015, 7.7% of owner occupiers and 11.9% of investors resold their
properties at a loss. Across each capital city and rest of state market except for Darwin, the proportion of
loss making resales was greater for investors than it was for owner occupiers.
4.9% of capital city homes which were resold by owner occupiers sold at a loss over the second quarter
of the year compared to 8.3% of investor owned homes. The biggest discrepancy between sales at a
loss for owner occupiers and investors was found in the ACT (7.2% vs 19.1%), Melbourne (3.2% vs
9.9%) and Brisbane (7.6% vs 12.3%). The difference between the level of loss between owner occupier
and investor resales was much lower elsewhere while a lower proportion of investors resold at a loss
relative to owner occupiers in Darwin.
In regional areas of the country the proportion of loss-making sales was higher than across the capital
cities and the gap between loss-making owner occupier resales (12.9%) and investor resales (19.6%)
was much greater.
With housing finance data having showed a surge in housing investment over recent years, investors
should pay attention to these figures. When it comes time to re-sell a property owner occupier stock is
much more likely to turn a gross profit than investment stock. This is most likely due to the fact that
investment is more prevalent in the unit market than detached houses. As weve already shown, units
are more susceptible to being resold at a loss than houses are. Furthermore, investor housing stock
generally has much more narrow overall appeal than owner occupier housing stock. Arguably, transacting
at a gross loss is easier for an investor to accept, as the loss can be offset against future capital gains.
Proportion of total resales at a loss/gain, owner occupied vs. investors,
June 2015 quarter
Region
Sydney
Regional NSW
Melbourne
Regional VIC
Brisbane
Regional Qld
Adelaide
Regional SA
Perth
Regional WA
Hobart
Regional TAS
Darwin
Regional NT
National
Capital City
Regional
Owner Occupied
Pain
Gain
1.9%
98.1%
8.1%
91.9%
3.2%
96.8%
7.8%
92.2%
7.6%
92.4%
18.5%
81.5%
8.9%
91.1%
18.2%
81.8%
7.9%
92.1%
22.4%
77.6%
12.4%
87.6%
17.4%
82.6%
17.9%
82.1%
25.0%
75.0%
7.2%
92.8%
7.7%
92.3%
4.9%
95.1%
12.9%
87.1%
Investor
Pain
Gain
2.5%
97.5%
10.0%
90.0%
9.9%
90.1%
11.4%
88.6%
12.3%
87.7%
28.0%
72.0%
13.6%
86.4%
20.3%
79.7%
8.4%
91.6%
25.9%
74.1%
18.9%
81.1%
21.4%
78.6%
12.7%
87.3%
28.6%
71.4%
19.1%
80.9%
11.9%
88.1%
8.3%
91.7%
19.6%
80.4%
Hold Periods
The second quarter of 2015 saw that the typical house which resold at a loss across the country had
been owned for 5.7 years compared to 6.3 years across unit resales. Of those homes resold at a profit,
houses had typically been owned for an average of 10.3 years compared to 9.0 years for units.
In most capital cities the average length of ownership for loss-making resales of houses was shorter than
for units. The exceptions were Perth and Canberra where hold periods for houses were longer and
Adelaide where it was the same for both houses and units. Capital city houses which resold at a loss had
an average hold period of 5.2 years compared to 5.4 years for units. Of those capital city homes which
sold at a profit, the average hold periods were 10.3 years for a house and 8.9 years for a unit. The
average hold periods for homes selling at a profit tended to be longer in Melbourne and shorter in Darwin.
Looking at regional areas, the typical hold period for loss-making resales was 6.0 years for houses and
7.2 years for units and for profit-making resales it was 9.6 years for houses and 10.4 years for units. It is a
little surprising to note that profit-making resale houses in regional areas of the country actually had a
shorter average hold period (9.6 years) than those within the capital cities (10.3 years).
Average hold period of resales at a loss/gain, houses vs. units,

June 2015 quarter
Houses
Region
Sydney
Regional NSW
Melbourne
Regional VIC
Brisbane
Regional Qld
Adelaide
Regional SA
Perth
Regional WA
Hobart
Regional TAS
Darwin
Regional NT
National
Capital City
Regional
Units
Pain
Gain
Pain
Gain
6.4
6.4
4.0
5.3
5.7
6.0
5.0
6.1
5.2
5.9
5.1
5.6
4.2
5.3
5.1
5.7
5.2
6.0
10.6
10.2
11.2
10.9
10.2
10.4
9.3
10.0
8.9
10.3
10.6
10.7
8.0
6.7
10.6
10.3
10.3
9.6
7.2
7.6
5.0
6.2
5.9
7.3
5.0
5.5
4.8
6.4
5.2
5.3
4.9
6.9
4.3
6.3
5.4
7.2
8.2
9.1
9.7
9.8
9.0
9.7
9.0
10.7
9.3
11.9
9.9
10.9
7.1
6.5
9.3
9.0
8.9
10.4
Hold Periods
Properties held for a short period are much more susceptible to loss
Across resales of homes throughout the June 2015 quarter, those homes that were held for only a short
period of time proved to be much more susceptible to loss. Although home values increased over the
past 12 months, 12.8% of owners who purchased and resold in the same year recorded a gross loss
(keep in mind these sales are only a fraction of all resales). Homes resold after being held for between 5
and 7 years were the most likely to record a gross loss followed by those held for between 3 and 5 years.
The data also reiterates the long-term nature of housing investment as well as relatively weaker growth in
values over the past decade. Far fewer homes are transacted at a loss when they are held for a decade
or more.
Looking across the regions of the country there is a divergence in the proportion of total resales that were
at a loss and how long these homes have been owned for. In Sydney, Melbourne, Perth and Canberra,
homes previously purchased and sold over the past year were most likely to record a gross loss. In
Darwin homes previously purchased over a year ago but less than three years ago were the most likely to
record a gross loss. In Adelaide and Hobart, homes purchased between three and five years ago were
more regularly sold at a loss over the past quarter and in Brisbane homes purchase between five and
seven years ago were the most likely to sell at a loss. The data highlights the divergent trends across
housing markets over time. It also highlights the long-term nature of housing investment is evident with
very few homes recording a gross loss on sale once they have been owned for more than 10 years.
Focus on Regional Markets
Major mining regions

Trends across some of the major regions of the country which are intrinsically linked with the resources
sector have been analysed and in most instances a heightened level of loss-making sales is evident as
the mining investment boom slows. Over the June 2015 quarter, 47.6% of resold properties in Mackay
sold at a loss. Across the other regions analysed the figures were recorded at: 35.6% in Fitzroy, 10.9% in
the Hunter Valley (excluding Newcastle), 19.3% in Outback SA and 32.6% in Outback WA. The Hunter
Valley is the one outlier here however, its economy is a somewhat more diversified than the other mining
regions we have analysed.
To put the rapid change in conditions in certain regions into perspective, a year ago the proportion of
loss-making resales were recorded at: 24.4% in Fitzroy, 11.4% in Hunter Valley (excluding Newcastle),
34.6% in Mackay, 20.0% in Outback SA and 18.8% in Outback WA. The slowdown in resource related
investment and falling commodity prices is having a big impact on housing markets across these regions.
This is despite the fact that many of these regions experienced a significant boom in home values as
commodity prices and investment in the mining sector surged in the years leading up to 2012. Many
home owners wish to sell their homes in these regions, unfortunately buyer demand remains relatively
low in these markets.
major resource regions
Fitzroy
50%
Hunter Valley (ex Newcastle)
45%
Mackay
40%
Outback SA
35%
Outback WA
30%
25%
20%
15%
10%
5%
0%
Jun 1995
10
Jun 1999
Jun 2003
Jun 2007
Jun 2011
Jun 2015
Focus on Regional Markets
Major coastal regions

While the markets linked to the resources sector have seen their proportion of loss-making sales rise over
recent years the coastal markets have seen conditions improve. Across the regions we analysed, the
proportion of loss-making resales has been recorded at: 2.7% in Illawarra, 2.8% in Newcastle-Lake
Macquarie, 14.9% in Richmond-Tweed, 11.4% in Mid-North Coast, 5.6% in Geelong, 19.9% in Bunbury,
25.3% in Cairns, 19.8% on the Gold Coast and 17.9% on the Sunshine Coast.
All of these regions are now
showing a proportion of lossmaking resales which is lower
than the recent peak. To put the
current figures into perspective, a
year ago the proportion of lossmaking resales across these
regions was recorded at: 3.3% in
Illawarra, 2.8% in NewcastleLake Macquarie, 17.2% in
Richmond-Tweed, 14.5% in MidNorth Coast, 3.1% in Geelong,
13.3% in Bunbury, 26.3% in
Cairns, 22.6% on the Gold Coast
and 20.3% on the Sunshine
Coast. Geelong and Bunbury are
the only coastal / lifestyle region
analysed in which loss-making
resales are now higher than they
were a year ago. The charts
show that there has been a fairly
sharp decline in loss making
resales over recent times in
Richmond-Tweed,
Mid-North
Coast, Cairns, Gold Coast and
Sunshine Coast.
This is
reflective of the returning value
growth and overall improving
housing market conditions in
these areas.
11

major coastal markets
35%
Illawarra
Newcastle Lake Macquarie
Richmond-Tweed
Mid North Coast
30%
25%
20%
15%
10%
5%
0%
Jun 1995
Jun 1999
Jun 2003
Jun 2007
Jun 2011
Jun 2015
Geelong
Bunbury
Cairns
Gold Coast
Sunshine Coast
60%
50%
40%
30%
20%
10%
0%
Jun 1995
Jun 1999
Jun 2003
Jun 2007
Jun 2011
Jun 2015
Unit dwellings within lifestyle markets are generally

showing the largest proportion of loss-making re-sales
Proportion of loss-making re-sales, June Quarter
2015 non-capital city SA4 regions and GCCSA
regions, houses and units
From a regional perspective the
largest proportion of loss-making
resales were located in the following
regions:
WA
Western Australia - Wheat Belt

Western Australia - Outback
Perth
Bunbury
Warrnambool and South West
Shepparton
North West
Melbourne
Latrobe - Gippsland
Hume
Geelong
Bendigo
Ballarat
West and North West
South East
Launceston and North East
Hobart
South Australia - South East
South Australia - Outback
Barossa - Yorke - Mid North
Adelaide
Wide Bay
Townsville
Toowoomba
Sunshine Coast
Queensland - Outback
Mackay
Gold Coast
Fitzroy
Darling Downs - Maranoa
Cairns
Brisbane
Northern Territory - Outback
Darwin
Sydney
Southern Highlands and Shoalhaven
Riverina
Richmond - Tweed
Newcastle and Lake Macquarie
New England and North West
Murray
Mid North Coast
Illawarra
Hunter Valley exc Newcastle
Far West and Orana
Coffs Harbour - Grafton
Central West
Capital Region
ACT
Units
VIC
Houses
Fitzroy (Qld) (35.6%)

Townsville (Qld) (34.0%)
Outback (WA) (32.6%)
Wide Bay (Qld) (31.9%)
TAS
Outback (NT) (30.6%)

Cairns (Qld) (25.3%)
SA
Wheat Belt (WA) (24.4%)

South East (WA) (23.2%)
Warrnambool & South West (Vic)
(21.0%)
QLD
The lowest proportion of lossmaking resales were recorded in the

following regions:
Sydney (NSW) (2.0%)
Illawarra (NSW) (2.7%)
NT
Newcastle and Lake Macquarie

(NSW) (2.8%)
Toowoomba (Qld) (3.4%)
Southern Highlands and
Shoalhaven (NSW) (4.5%)
NSW
Bendigo (Vic) (4.6%)

Geelong (Vic) (5.6%)
Melbourne (Vic) (5.7%)
Ballarat (Vic) (6.8%)
AC
T
North West (Vic) (8.3%).

0% 10% 20% 30% 40% 50% 60% 70% 80%
12
Mackay (Qld) (47.6%)
Pain & Gain

Sydney council regions
Only 2.0% of homes resold in Sydney over the second quarter of 2015 sold at a loss, down from 2.4%
over the first quarter and also lower than a year earlier (2.7%). The Burwood, Hunters Hill, Willoughby
and Wollondilly council areas each recorded no resales at a loss over the quarter. The Mosman (7.5%),
Gosford (4.1%) and Pittwater (4.0%) council areas each recorded the highest proportions of loss-making
resales throughout Sydney over the quarter.
Loss
2.0%
0-25%
8.6%
25-50%
21.5%
50-75%
19.4%
Gross loss-making sales, Jun-15 qtr

Region
Ashfield
Auburn
Bankstown
Blacktown
Blue Mountains
Botany Bay
Burwood
Camden
Campbelltown
Canada Bay
Canterbury
Fairfield
Gosford
Hawkesbury
Holroyd
Hornsby
Hunters Hill
Hurstville
Kogarah
Ku-ring-gai
Lane Cove
Leichhardt
Liverpool
Manly
Marrickville
Mosman
North Sydney
Parramatta
Penrith
Pittwater
Randwick
Rockdale
Ryde
Strathfield
Sutherland Shire
Sydney
The Hills Shire
Warringah
Waverley
Willoughby
Wollondilly
Woollahra
Wyong
13
% of all
sales
Avg hold
period
Median
loss
2.0%
1.7%
3.1%
1.6%
1.8%
1.3%
7.3
6.0
6.2
5.0
5.7
2.2
-$172,500
-$173,500
-$82,500
-$140,000
-$210,000
-$400,000
-$345,000
-$679,150
-$1,920,099
-$3,264,780
-$1,129,000
-$400,000
0.8%
0.9%
1.5%
2.4%
2.0%
4.1%
2.8%
2.0%
2.8%
4.2
5.6
7.1
6.4
9.1
8.5
7.2
8.4
6.4
-$110,500
-$81,750
-$175,000
-$135,000
-$82,500
-$85,000
-$149,000
-$350,000
-$163,000
-$221,000
-$684,500
-$844,500
-$2,296,550
-$817,999
-$6,025,982
-$1,746,300
-$3,370,499
-$2,482,368
2.0%
3.4%
1.1%
1.7%
0.9%
0.8%
2.4%
1.1%
7.5%
0.9%
2.6%
2.1%
4.0%
1.8%
1.4%
1.3%
2.4%
2.8%
1.7%
1.8%
3.5%
0.6%
5.3
4.3
5.6
1.4
12.1
9.4
5.1
4.5
5.0
7.9
5.5
5.2
6.5
7.8
7.8
2.7
8.1
7.7
5.6
5.7
5.1
6.7
-$487,000
-$298,000
-$70,000
-$1,589,000
-$67,500
-$54,000
-$617,500
-$121,250
-$67,000
-$60,000
-$202,000
-$217,000
-$125,000
-$364,834
-$141,500
-$225,000
-$165,000
-$202,500
-$200,000
-$316,000
-$301,000
-$145,000
-$1,828,667
-$1,779,000
-$1,348,000
-$3,178,000
-$135,000
-$443,000
-$2,641,020
-$242,500
-$719,000
-$235,000
-$4,072,389
-$3,053,850
-$1,450,000
-$1,835,667
-$1,034,000
-$1,447,000
-$1,157,000
-$4,052,860
-$3,977,532
-$3,288,050
-$4,957,000
-$145,000
1.8%
2.8%
7.7
9.0
-$147,500
-$74,900
-$580,000
-$3,715,400
Total value of
loss
75-100%
11.8%
>100%
36.7%
Gross profit-making sales, Jun-15 qtr

% of all
sales
Avg hold
period
98.0%
98.3%
96.9%
98.4%
98.2%
98.7%
100.0%
99.2%
99.1%
98.5%
97.6%
98.0%
95.9%
97.2%
98.0%
97.2%
100.0%
98.0%
96.6%
98.9%
98.3%
99.1%
99.2%
97.6%
98.9%
92.5%
99.1%
97.4%
97.9%
96.0%
98.2%
98.6%
98.7%
97.6%
97.2%
98.3%
98.2%
96.5%
99.4%
100.0%
100.0%
98.2%
97.2%
10.3
7.9
8.3
9.4
9.5
11.6
9.6
9.3
9.6
8.8
8.8
11.4
9.6
10.8
9.8
11.8
10.4
9.3
8.7
9.5
8.8
8.7
9.4
9.7
9.6
9.8
9.6
9.8
10.3
9.8
10.8
8.4
9.9
7.7
10.8
8.6
11.1
9.5
9.5
9.9
9.8
9.0
9.2
Median
profit
$433,000
$235,000
$332,500
$300,000
$185,000
$348,000
$408,750
$239,000
$240,000
$345,500
$300,000
$328,000
$191,750
$240,000
$268,000
$522,500
$590,000
$386,500
$355,000
$650,000
$351,000
$550,000
$257,000
$480,000
$413,000
$540,000
$385,000
$305,000
$245,000
$412,000
$475,000
$312,500
$480,500
$285,000
$356,000
$320,000
$646,000
$405,000
$493,000
$508,750
$197,500
$430,000
$142,000
Total value of
profit
$53,747,100
$79,343,627
$164,612,309
$318,428,975
$71,691,047
$36,587,619
$52,150,825
$74,270,003
$172,405,178
$178,667,241
$178,695,010
$158,811,177
$199,609,272
$78,378,102
$125,473,210
$229,730,529
$28,871,500
$119,427,251
$72,753,780
$363,556,155
$64,641,700
$141,289,880
$165,912,693
$104,348,204
$88,366,280
$69,928,292
$178,835,742
$211,983,770
$210,107,923
$117,644,137
$209,060,406
$114,006,332
$236,212,850
$68,386,001
$313,115,598
$354,791,754
$346,321,256
$226,781,665
$115,063,094
$185,119,757
$42,234,937
$133,918,403
$149,843,470
Pain & Gain

Melbourne council regions
5.7% of Melbourne resales over the June 2015 quarter were at a price lower than the previous purchase
price, down from 6.6% a year earlier and 6.4% at the end of the previous quarter. The Macedon Ranges,
Mitchell and Murrindindi council areas were the only regions across the city to record no resales at a loss
over the quarter. The regions with the highest proportion of loss-making resales were Melbourne
(20.0%), Stonnington (12.0%) and Moonee Valley (10.3%).
Loss
5.7%
0-25%
25.2%
55-50%
16.5%
50-75%
10.2%
75-100%
6.3%

Avg hold
Median
Total value of loss
period
loss
% of all
sales
>100%
36.1%

Avg hold
Median
Total value of
period
profit
profit
Region
% of all
sales
Banyule
4.1%
5.0
-$35,000
-$963,200
95.9%
12.3
$297,000
$122,339,086
Bayside
1.5%
4.0
-$67,000
-$620,500
98.5%
12.2
$559,000
$177,844,610
Boroondara
4.5%
4.2
-$53,500
-$3,027,935
95.5%
13.7
$689,750
$370,626,927
Brimbank
4.9%
4.3
-$30,000
-$1,258,208
95.1%
9.2
$117,500
$67,762,086
Cardinia
4.1%
5.8
-$55,250
-$471,000
95.9%
7.5
$75,000
$21,808,562
Casey
3.3%
3.1
-$21,195
-$1,255,995
96.7%
9.0
$125,000
$94,138,897
Darebin
6.8%
4.2
-$60,550
-$2,356,940
93.2%
11.3
$260,000
$104,656,074
Frankston
3.8%
3.1
-$10,250
-$624,680
96.2%
9.5
$119,500
$81,223,668
Glen Eira
4.2%
3.6
-$90,000
-$3,026,402
95.8%
11.6
$365,000
$184,115,599
Greater Dandenong
1.8%
3.7
-$24,950
-$178,900
98.2%
10.1
$172,500
$70,678,767
Hobsons Bay
4.9%
7.1
-$50,000
-$1,286,703
95.1%
10.1
$205,750
$55,487,216
Hume
9.0%
4.3
-$15,500
-$1,151,328
91.0%
9.7
$104,050
$52,369,540
Kingston
4.1%
4.2
-$35,000
-$1,130,333
95.9%
11.6
$275,000
$157,616,766
Knox
3.0%
5.0
-$122,500
-$2,948,450
$134,196,997
97.0%
12.1
$320,000
100.0%
9.3
$162,000
$10,724,250
-$1,234,412
95.7%
13.0
$573,000
$174,767,657
Macedon Ranges
Manningham
4.3%
4.5
-$39,000
Maribyrnong
5.0%
4.6
-$34,000
-$601,500
95.0%
9.2
$208,500
$58,688,598
Maroondah
2.3%
4.4
-$118,500
-$1,384,500
97.7%
11.2
$280,495
$110,785,588
Melbourne
20.0%
6.0
-$28,125
-$7,149,269
80.0%
9.5
$121,000
$88,871,455
Melton
8.9%
3.7
-$20,500
-$884,500
91.1%
7.9
$76,000
$29,368,180
100.0%
9.2
$54,000
$2,281,000
Mitchell
Monash
2.1%
3.4
-$42,500
-$589,600
97.9%
13.0
$569,000
$304,366,087
Moonee Valley
Moorabool
10.3%
4.8
-$52,500
-$2,305,644
89.7%
12.0
$275,000
$100,112,070
2.3%
2.9
-$15,000
-$15,000
97.7%
9.1
$91,000
$5,007,820
Moreland
8.3%
4.1
-$29,000
-$2,116,394
91.7%
10.5
$230,500
$104,680,802
Mornington Peninsula
4.6%
4.1
-$28,000
-$2,106,117
$157,155,761
Murrindindi
Nillumbik
95.4%
9.8
$180,750
100.0%
13.1
$205,750
$411,500
12.0
$268,805
$38,329,294
5.4%
3.4
-$10,000
-$409,678
94.6%
Port Phillip
8.8%
4.9
-$38,500
-$2,197,954
91.2%
9.8
$204,500
$110,013,492
Stonnington
12.0%
5.3
-$50,000
-$4,225,250
88.0%
12.1
$335,000
$132,314,270
Whitehorse
2.1%
4.1
-$60,000
-$1,790,000
97.9%
12.3
$545,000
$284,991,264
Whittlesea
9.3%
3.9
-$18,000
-$732,350
90.7%
12.1
$155,000
$49,128,028
Wyndham
6.5%
4.4
-$25,000
-$1,057,998
93.5%
8.3
$80,000
$46,744,080
Yarra
9.9%
4.5
-$23,000
-$3,124,950
90.1%
10.4
$325,000
$109,795,877
Yarra Ranges
1.7%
3.2
-$63,000
-$487,500
98.3%
10.9
$183,000
$86,112,887
14
Pain & Gain

South-East Queensland council regions
Across Brisbane, the proportion of loss-making resales has trended lower over the past few years and
was recorded at 9.8% over the June 2015 quarter, up from 9.3% the previous quarter but lower than the
10.9% a year earlier. Across South-East Queensland, the Toowoomba (3.0%), Brisbane (6.3%) and
Redland (6.8%) council area have significantly lower proportions of loss-making sales compared to all
other regions where the proportion of loss-making resales was in double digits. The council areas with
the highest proportion of loss-making resales were Somerset (26.1%), Gold Coast (19.9%) Scenic Rim
and Lockyer Valley (both 19.4%).
Loss
9.8%
0-25%
39.6%
25-50%
14.2%
50-75%
7.0%
>100%
26.1%
75-100%
3.4%
% of all
sales
Region

Avg hold
Median
Total value of
period
loss
loss

% of all
Avg hold
Median
Total value of
sales
period
profit
profit
Brisbane
6.3%
5.4
-$20,000
-$11,054,181
93.7%
10.1
$150,000
Ipswich
19.0%
6.3
-$15,000
-$2,319,298
81.0%
9.5
$62,850
$40,013,169
Gold Coast
19.9%
7.1
-$30,700
-$35,022,975
80.1%
10.1
$90,000
$369,583,351
Lockyer Valley
19.4%
3.9
-$49,000
-$391,000
80.6%
9.7
$44,000
$2,358,200
Logan
13.6%
6.0
-$19,000
-$3,694,891
86.4%
10.6
$92,750
$109,064,044
Moreton Bay
14.4%
6.1
-$23,000
-$6,456,518
85.6%
8.6
$71,000
$120,930,826
Redland
6.8%
5.4
-$15,000
-$2,300,000
93.2%
10.2
$100,000
$76,372,359
Scenic Rim
19.4%
4.7
-$33,500
-$353,500
80.6%
11.1
$128,000
$4,143,940
Somerset
26.1%
6.2
-$18,000
-$665,500
73.9%
12.0
$101,500
$3,974,000
Sunshine Coast
17.9%
7.2
-$35,000
-$18,555,093
82.1%
10.1
$94,000
$193,308,321
Toowoomba
3.0%
5.1
-$36,000
-$1,264,450
97.0%
8.3
$85,000
$52,919,438
15
$810,220,477
Pain & Gain

Adelaide council regions
Over the June 2015 quarter, 9.6% of Adelaide resales were at a gross loss, which was up from 9.3% at
the end of the first quarter of 2015 but lower than the 10.9% over the same quarter last year. The
proportion of loss-making resales was relatively lower in the Prospect (2.0%), Holdfast Bay (2.7%) and
Norwood Payneham and St Peters (2.7%) council areas. The highest proportions of loss-making resales
over the quarter were recorded in Playford (28.3%), Mallala (20.0%) and Gawler (19.8%).
0-25%
37.4%
Pain, 9.6%
25-50%
15.1%
50-75%
8.2%
>100%
25.9%
75-100%
3.8%

Avg hold
Median
Total value of
period
loss
loss

% of all
Avg hold
Median
Total value of
sales
period
profit
profit
Region
% of all
sales
Adelaide
9.1%
4.8
-$19,900
-$329,650
90.9%
8.8
$137,500
$13,348,265
Adelaide Hills
8.3%
4.6
-$9,000
-$107,000
91.7%
9.9
$105,000
$12,609,898
Burnside
5.6%
5.0
-$42,500
-$412,333
94.4%
9.8
$176,750
$36,222,892
Campbelltown
8.2%
4.8
-$32,000
-$1,283,000
91.8%
8.5
$129,900
$23,010,430
Charles Sturt
12.4%
4.5
-$20,000
-$1,754,861
87.6%
8.6
$94,000
$37,110,568
Gawler
19.8%
4.7
-$16,500
-$601,950
80.2%
8.8
$58,000
$6,408,101
Holdfast Bay
2.7%
8.3
-$25,000
-$131,500
97.3%
9.1
$120,000
$23,523,282
Light
12.5%
5.8
-$9,000
-$9,000
87.5%
7.1
$35,500
$547,050
Mallala
20.0%
3.3
-$79,500
-$79,500
80.0%
9.3
$85,750
$418,500
Marion
10.1%
5.6
-$21,000
-$1,343,656
89.9%
9.3
$118,000
$34,727,362
Mitcham
5.0%
4.3
-$46,500
-$1,281,000
95.0%
9.8
$156,500
$35,323,027
Mount Barker
Norwood Payneham St
Peters
15.5%
4.8
-$15,000
-$465,100
84.5%
7.8
$62,525
$7,368,728
2.7%
3.8
-$115,000
-$459,000
97.3%
9.6
$176,500
$25,357,201
Onkaparinga
7.2%
4.9
-$18,000
-$1,519,167
92.8%
9.4
$93,313
$46,778,848
Playford
28.3%
5.6
-$17,000
-$1,321,400
71.7%
9.2
$46,750
$9,539,676
Port Adelaide Enfield
9.5%
4.9
-$17,250
-$1,492,660
90.5%
8.6
$90,000
$38,340,324
Prospect
2.0%
4.5
-$43,000
-$43,000
98.0%
10.3
$158,250
$12,444,877
Salisbury
10.6%
5.1
-$10,500
-$791,360
89.4%
8.9
$70,000
$30,081,829
Tea Tree Gully
5.0%
4.9
-$19,000
-$445,500
95.0%
10.0
$115,000
$30,892,718
Unley
6.5%
4.0
-$9,000
-$633,000
93.5%
9.7
$210,000
$29,712,780
Walkerville
9.5%
2.1
-$175,000
-$350,000
90.5%
11.0
$165,000
$4,559,141
West Torrens
9.5%
4.6
-$21,000
-$1,387,240
90.5%
9.6
$120,625
$24,076,301
16
Pain & Gain

Perth council regions
8.6% of resold homes across Perth in the June 2015 quarter were sold for less than the previous
purchase price compared to 6.7% the previous quarter and 4.2% a year earlier. The 8.6% of resales at a
loss is the highest for the city since January 2013. Peppermint Grove council areas recorded no resales
at a loss over the quarter, while Claremont (3.3%) and Canning (3.5%) also had a low proportion. The
highest proportion of loss-making resales occurred in the Perth (27.5%), Mandurah (21.4%) and Murray
(18.9%) council areas.
Loss
8.6%
0-25%
35.7%
25-50%
9.9%
>100%
36.5%
55-100%
4.7%
50-75%
4.9%
% of all
sales
Region

Avg hold
Median
Total value of loss
period
loss

% of all
Avg hold
Median
Total value of
sales
period
profit
profit
Armadale
4.8%
5.0
-$20,000
-$540,000
95.2%
7.9
$141,000
Bassendean
8.0%
4.8
-$34,000
-$218,000
92.0%
8.4
$111,000
$9,253,950
Bayswater
5.4%
5.5
-$16,000
-$1,119,955
94.6%
8.4
$151,000
$41,798,925
Belmont
6.8%
4.4
-$25,000
-$556,500
93.2%
8.9
$151,000
$21,444,659
Cambridge
12.8%
5.8
-$63,000
-$928,000
87.2%
10.6
$241,850
$35,054,688
Canning
3.5%
2.8
-$55,000
-$1,133,850
96.5%
9.6
$234,669
$66,666,004
Claremont
3.3%
5.6
-$80,000
-$80,000
96.7%
8.6
$101,000
$7,194,100
Cockburn
5.5%
4.1
-$39,000
-$828,660
94.5%
9.0
$207,250
$60,800,299
Cottesloe
6.7%
2.1
-$41,500
-$41,500
93.3%
12.9
$519,000
$7,156,500
East Fremantle
11.1%
4.6
-$63,000
-$126,000
88.9%
9.8
$311,000
$5,956,333
Fremantle
5.6%
4.3
-$20,000
-$168,000
94.4%
9.3
$200,000
$18,291,575
Gosnells
3.6%
4.3
-$23,030
-$1,451,860
96.4%
9.0
$128,000
$46,193,771
Joondalup
6.9%
4.7
-$47,500
-$2,497,000
93.1%
10.4
$196,250
$95,991,615
Kalamunda
3.6%
7.1
-$100,000
-$749,500
96.4%
10.2
$247,000
$35,872,768
Kwinana
8.8%
6.7
-$9,373
-$109,245
91.2%
7.6
$129,500
$15,614,238
Mandurah
21.4%
6.0
-$35,000
-$6,266,600
78.6%
8.8
$130,000
$40,410,354
Melville
6.0%
4.6
-$60,000
-$2,385,300
94.0%
10.6
$311,500
$88,299,013
Mosman Park
8.3%
8.2
-$200,000
-$402,000
91.7%
7.3
$346,000
$12,407,778
Mundaring
10.0%
5.2
-$32,500
-$748,000
90.0%
9.2
$145,500
$19,040,000
Murray
18.9%
5.5
-$35,000
-$438,500
81.1%
10.8
$225,000
$6,693,700
Nedlands
11.4%
3.9
-$125,000
-$745,000
88.6%
11.1
$530,000
$21,200,450
100.0%
13.8
$245,500
$491,000
Perth
27.5%
4.9
-$52,125
-$2,062,350
72.5%
8.1
$75,000
$13,274,824
Rockingham
12.5%
5.6
-$12,000
-$1,451,750
87.5%
8.0
$137,000
$62,944,267
Serpentine-Jarrahdale
9.7%
3.5
-$22,000
-$637,000
90.3%
6.1
$224,500
$12,104,850
South Perth
8.4%
4.4
-$50,000
-$1,111,200
91.6%
10.5
$262,000
$32,585,338
Stirling
8.5%
4.8
-$25,000
-$5,594,660
91.5%
9.4
$148,000
$149,919,413
Subiaco
14.8%
5.6
-$80,000
-$881,000
85.2%
11.2
$295,000
$17,501,238
Swan
6.3%
4.9
-$20,000
-$913,500
93.7%
8.0
$125,500
$66,020,505
Victoria Park
4.2%
5.6
-$25,000
-$845,000
95.8%
8.9
$167,500
$26,196,449
Vincent
6.3%
4.0
-$17,500
-$375,000
93.8%
10.9
$254,750
$22,342,346
Wanneroo
8.3%
4.7
-$20,000
-$2,231,967
91.7%
7.9
$150,000
$91,978,079
Peppermint Grove
17
$44,784,330
Pain & Gain

Hobart council regions
13.5% of Hobart homes resold over the June 2015 quarter were at a loss compared to 13.1% at the end
of the previous quarter and 14.4% a year ago. Despite a rise over the quarter, the proportion of lossmaking resales is trending lower. Brighton (27.5%), Clarence (18.4%) and Derwent Valley (16.7%)
council areas had the highest proportion of loss-making resales over the quarter. The proportion of lossmaking resales was lowest in Kingborough (6.0%), Hobart (7.8%) and Glenorchy (15.0%) council areas.
Loss
13.5%
0-25%
37.2%
25-50%
11.9%
>100%
30.5%
50-75%
4.5%
75-100%
2.4%

Avg hold
Median
Total value
Avg hold
Median
Total value
% of all sales
% of all sales
period
loss
of loss
period
profit
of profit
Region
Brighton
27.5%
5.4
-$10,000
-$126,900
72.5%
7.8
$31,000
$1,561,000
Clarence
18.4%
4.8
-$15,500
-$1,198,500
81.6%
10.1
$72,000
$15,858,164
Derwent Valley
16.7%
4.2
-$10,000
-$44,000
83.3%
11.6
$113,000
$1,841,500
Glenorchy
15.0%
5.7
-$17,750
-$805,122
85.0%
11.0
$65,000
$10,989,777
Hobart
7.8%
4.7
-$35,000
-$1,032,334
92.2%
10.1
$100,000
$23,917,739
Kingborough
6.0%
4.1
-$22,500
-$285,000
94.0%
10.3
$85,000
$12,987,745
Sorell
15.6%
7.8
-$30,000
-$195,000
84.4%
13.6
$119,000
$3,004,466
Darwin council regions

Across Darwin over the three months to June 2015, 17.1% of homes resold at a loss compared to 8.7%
at the end of the previous quarter and 5.9% a year ago. The proportion of loss-making resales is
currently at its highest level since the three months to August 2003. The relatively less developed
Litchfield region has recorded the highest proportion of loss-making resales over the quarter (21.4%)
compared to 17.0% in Palmerston and 16.5% in Darwin.
Loss
17.1%
0-25%
29.8%
25-50%
12.0%
>100%
27.4%
50-75%
7.9%
75-100%
5.8%
Region
% of all
sales

Avg hold
Median
Total value of
period
loss
loss

% of all Avg hold
Median
Total value of
period
sales
profit
profit
Darwin
16.5%
4.1
-$50,000
-$2,947,756
83.5%
8.2
$185,000
Litchfield
21.4%
3.2
-$217,500
-$1,199,000
78.6%
8.4
$317,500
$6,376,300
Palmerston
17.0%
5.9
-$49,125
-$1,185,591
83.0%
6.6
$135,000
$14,583,070
18
$29,666,995
Pain & Gain

Canberra council regions
Over the three months to June 2015, 10.6% of Canberra homes re-sold at a loss compared to 9.8% over
the previous quarter and 11.3% a year earlier.
Loss
10.6%
0-25%
32.8%
25-50%
16.6%
>100%
29.0%
50-75%
6.3%
75-100%
4.6%
% of all
sales
Region
Unincorporated ACT
19
10.6%

Avg hold
Median
Total value of
period
loss
loss
4.5
-$30,000
-$3,937,923

% of all
Avg hold
Median
Total value of
sales
period
profit
profit
89.4%
10.2
$163,250
$176,845,311
About CoreLogic RP Data

CoreLogic RP Data is a wholly owned subsidiary of CoreLogic (NYSE: CLGX),which is the largest data and analytics
company in the world with revenues of $1.3Bn USD from 50,000 business and government customers and over 1
million end users. CoreLogic RP Data provides property information, analytics and services across Australia and
New Zealand and is currently developing and growing partnerships throughout Asia.
With Australias most comprehensive property databases, the companys 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 11,000 customers and 120,000 end users, CoreLogic RP
Data is the leading provider of property data, analytics and related services to consumers, investors, real estate,
mortgage, finance, banking, insurance, developers, wealth management and government.
CoreLogic RP Data delivers value to clients through unique data, analytics, workflow technology, advisory and geo
spatial services. Clients rely on CoreLogic RP Data to help identify and manage growth opportunities, improve
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Granular Data and Analytics Driving Growth in your Business
CoreLogic RP Data 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
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requirements. Call us on 1300 734 318 or email us at ask@corelogic.com.au or visit us at
www.corelogic.com.au
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 competing 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 RP Datas 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
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CoreLogic RP Data Indices: The suite of CoreLogic RP Data Indices range from simple market measurements
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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 RP Data Hedonic indices for capital cities and rest of state indices, the stratified hedonic index, hedonic
total return index, auction clearance rates 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 RP Data 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 RP Data 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 strategy.
20
Disclaimers
In compiling this publication, RP Data Pty Ltd trading as CoreLogic has relied upon information supplied by a number
of external sources. CoreLogic does not warrant its accuracy or completeness and to the full extent allowed by law
excludes liability in contract, tort or otherwise, for any loss or damage sustained by subscribers, or by any other
person or body corporate arising from or in connection with the supply or use of the whole or any part of the
information in this publication through any cause whatsoever and limits any liability it may have to the amount paid to
CoreLogic for the supply of such information.
Queensland Data
Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2015.
In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty
in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability
(including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage)
relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws.
South Australian Data
This information is based on data supplied by the South Australian Government and is published by permission. The South
Australian Government does not accept any responsibility for the accuracy or completeness of the published information or
suitability for any purpose of the published information or the underlying data.
New South Wales Data
Contains property sales information provided under licence from the Land and Property Information (LPI). RP Data is
authorised as a Property Sales Information provider by the LPI.
Victorian Data
The State of Victoria owns the copyright in the Property Sales Data which constitutes the basis of this report and
reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the
Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information
contained in this report and any person using or relying upon such information does so on the basis that the State of
Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information
supplied.
Western Australian Data
Based on information provided by and with the permission of the Western Australian Land Information Authority (2014)
trading as Landgate.
Australian Capital Territory Data
The Territory Data is the property of the Australian Capital Territory. No part of it may in any form or by any means
(electronic, mechanical, microcopying, photocopying, recording or otherwise) be reproduced, stored in a retrieval system or
transmitted without prior written permission. Enquiries should be directed to: Director, Customer Services ACT Planning
and Land Authority GPO Box 1908 Canberra ACT 2601.
Tasmanian Data
This product incorporates data that is copyright owned by the Crown in Right of Tasmania. The data has been used in the
product with the permission of the Crown in Right of Tasmania. The Crown in Right of Tasmania and its employees and
agents:
a) give no warranty regarding the datas accuracy, completeness, currency or suitability for any particular purpose; and
b) do not accept liability howsoever arising, including but not limited to negligence for any loss resulting from the use of or
reliance upon the data.
Base data from the LIST State of Tasmania http://www.thelist.tas.gov.au
21
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Pain and Gain

June Quarter, 2015

Investor vs owner occupier resales

Focus on regional markets

Unit dwellings within lifestyle markets

Pain & Gain: Sydney council regions

Pain & Gain: Melbourne council regions

Pain & Gain: South-East Queensland council regions

Pain & Gain: Adelaide council regions

Pain & Gain: Perth council regions

Pain & Gain: Hobart council regions

Pain & Gain: Darwin council regions

Pain & Gain: Canberra council regions

About CoreLogic RP Data

Pain & Gain Report | June Quarter, 2015

Pain & Gain Report | June Quarter, 2015

Pain & Gain Report | June Quarter, 2015

Pain & Gain Report | June Quarter, 2015

Investor vs Owner Occupier Resales

Pain & Gain Report | June Quarter, 2015

Average hold period of resales at a loss/gain, houses vs. units,

Pain & Gain Report | June Quarter, 2015

Pain & Gain Report | June Quarter, 2015

Focus on Regional Markets

Major mining regions

Hunter Valley (ex Newcastle)

Pain & Gain Report | June Quarter, 2015

Focus on Regional Markets

Major coastal regions

Proportion of total resales at a loss over time:

Pain & Gain Report | June Quarter, 2015

Unit dwellings within lifestyle markets are generally

Western Australia - Wheat Belt

Fitzroy (Qld) (35.6%)

Outback (NT) (30.6%)

Wheat Belt (WA) (24.4%)

The lowest proportion of lossmaking resales were recorded in the

Newcastle and Lake Macquarie

Bendigo (Vic) (4.6%)

North West (Vic) (8.3%).

Mackay (Qld) (47.6%)

Pain & Gain Report | June Quarter, 2015

Pain & Gain

Gross loss-making sales, Jun-15 qtr

Pain & Gain Report | June Quarter, 2015

Gross profit-making sales, Jun-15 qtr

Pain & Gain

Gross loss-making sales, Jun-15 qtr

Gross profit-making sales, Jun-15 qtr

Pain & Gain Report | June Quarter, 2015

Pain & Gain

Gross loss-making sales, Jun-15 qtr

Gross profit-making sales, Jun-15 qtr

Pain & Gain Report | June Quarter, 2015

Pain & Gain

Gross loss-making sales, Jun-15 qtr

Gross profit-making sales, Jun-15 qtr

Port Adelaide Enfield

Tea Tree Gully

Pain & Gain Report | June Quarter, 2015

Pain & Gain

Gross loss-making sales, Jun-15 qtr

Gross profit-making sales, Jun-15 qtr