Housing market trends - Our Insights. Your Story. April 2020 - SF Capital
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Housing market trends Our Insights. Your Story. April 2020
Australian home values have been in an upswing since mid-2019, however the short-term outlook is for extreme uncertainty and downside risk followed by a rebound as economic conditions recover.
Decline and recovery cycle, Australian capitals
Canberra
4 months to trough Adelaide
Most housing
(1.5%)
2 months to recover
10 months to trough (-1.6%)
4 months to recover
markets have
Hobart
3 months to trough (-1.3%)
Brisbane
15 months to trough (-2.9%)
already staged a
5 months to recover 7 months to recover
recovery from the
Melbourne
5.0%
19 months to trough (-11.1%)… recent downturn,
Sydney
0.0% 23 months to trough (-14.9%)
Still 2.7% below peak
with Sydney, Perth
% decline from market peak
-5.0% Perth
65 months to trough
and Darwin the only
-10.0%
-15.0%
(-20.7%)Still 20.7% below peak capitals where
-20.0%
housing values
-25.0% remain below their
-30.0%
previous peaks.
-35.0% Darwin
71 months of decline (-31.4%)
-40.0%
1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71
Months since market peak
18 July
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2019 CoreLogic,
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Inc.All
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Reserved. Source: CoreLogic 3
Dwelling values increased in six of the eight capital city markets
in the year to March, with five markets reaching a record high
value
Annual change in dwelling values
30% 20%
25% 15%
20%
10%
15%
10% 5%
5% 0%
0%
-5%
-5%
-10% -10%
-15% -15%
Mar 10 Mar 12 Mar 14 Mar 16 Mar 18 Mar 20 Mar 10 Mar 12 Mar 14 Mar 16 Mar 18 Mar 20
Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra
18 July
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Inc.All
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Reserved. Source: CoreLogic 4
Buyer activity has bounced back since mid-2019, but activity
remains well below recent highs
18 July
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Inc.All
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Reserved. Source: CoreLogic 5
Days on market was shortening prior to coronavirus as
buyer demand rose against a backdrop of low listing
numbers
Median days on market, combined
capitals
70 62
National 50
Combined regionals 68
63
Combined capitals 57
60 42
Rest of NT 94
87.5
50 Rest of Tas 47
46
Rest of WA 78
80
Rest of SA 89
79
40 Rest of Qld 68
63
Rest of Vic 53
53
Rest of NSW 78
66
30
Canberra 58
39
Darwin 76
71
20 Hobart 18
22
Perth 66
56
Adelaide 53
10 54
Brisbane 52
55
Melbourne 55
32
Sydney 69
0 33
Mar 10 Mar 12 Mar 14 Mar 16 Mar 18 Mar 20 Mar 19 Mar 20
These charts show the median days on market over 3 month rolling periods.
18 July
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2019 CoreLogic,
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Inc.All
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Reserved. Source: CoreLogic 6
Vendor discounting was also tapering as sellers took advantage
of a strong negotiation position
Median vendor discount, combined
capitals
0.0% -5.8%
-4.2% National
-5.3% Combined regionals
-4.4%
-6.2% Combined capitals
-1.0% -4.0%
-5.9% Rest of NT
-5.4%
-2.0% -4.3% Rest of Tas
-3.5%
-7.7% Rest of WA
-7.3%
-5.8% Rest of SA
-5.7%
-3.0% -5.7% Rest of Qld
-4.5%
-4.5% Rest of Vic
-3.8%
-5.3% Rest of NSW
-4.2%
-4.0%
-2.9% Canberra
-2.6%
-7.5% Darwin
-6.9%
-5.0% -4.7% Hobart
-3.0%
-6.8% Perth
-5.0%
-5.0% Adelaide
-6.0% -4.5%
-4.8% Brisbane
-4.1%
-6.9% Melbourne
-3.4%
-7.4% Sydney
-7.0% -3.3%
Mar 10 Mar 12 Mar 14 Mar 16 Mar 18 Mar 20 Mar 19 Mar 20
These charts show median vendor discounting over 3 month rolling periods.
18 July
©©2020
2019 CoreLogic,
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Inc.All
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Reserved. Source: CoreLogic 7The impact on the housing market from coronavirus remains highly uncertain… Previous economic shocks have seen housing values relatively insulated, while volumes are more susceptible to volatility.
Housing values have generally been insulated from financial shocks
historically but have been more reactive to credit tightening events
Housing indices v All Ordinaries index across previous shocks (5yrs either side of event)
Black Monday stock Asian financial crisis Tech wreck / Sep 11 GFC Macroprudential, (Dec 14
market crash (Oct 87) 190 (Dec 97) 190 (Jan 08) / Mar 17)
190 160
140
140 140 140
90 110
90 90 90
Housing values Housing values Housing values
Housing values Housing values
All Ords All ords All ords All ords
All ords
40 40 40 40 60
Oct 82 Oct 87 Oct 92 Dec 92 Dec 97 Dec 02 Sep 96 Sep 01 Sep 06 Jan 03 Jan 08 Jan 13 Dec 09 Dec 14 Dec 19
Housing volume v All Ordinaries index across previous shocks (5yrs either side of event)
Black Monday stock Asian financial crisis Tech wreck / Sep 11 GFC Macroprudential
market crash (Oct 87) (Dec 97) 4,000
(Sep 01) (Jan 08) (Dec 14 / Mar 17)
250,000 2,500 450,000 6,000 200,000 8,000 400,000 8,000
400,000
3,000 180,000 6,000 6,000
150,000 1,500 350,000 4,000 300,000
300,000
2,000 160,000 4,000 4,000
Volume of sales Volume of sales Volume of sales Volume of sales Volume of sales
All ords All ords All ords All ords All ords
50,000 500 200,000 1,000 250,000 2,000 140,000 2,000 200,000 2,000
Oct 82 Oct 87 Oct 92 Oct 82 Oct 87 Oct 92 Sep 96 Sep 01 Sep 06 Jan 03 Jan 08 Jan 13 Dec 09 Dec 14 Dec 19
Housing values and volumes are based on combined capitals region
18 July
©©2020
2019 CoreLogic,
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Inc.All
AllRights
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Reserved. Source: CoreLogic 9Weakening consumer sentiment is likely to be a driver of fewer
housing transactions
Consumer sentiment v Volume of dwellings sales
140 65,000
130 60,000
55,000
120
Consumer sentiment index
Volume of dwelling sales
50,000
110
45,000
100
40,000
90
35,000
80
30,000
70 25,000
Consumner sentiment index (LHS) Volume of sales (RHS)
60 20,000
Apr 00 Apr 02 Apr 04 Apr 06 Apr 08 Apr 10 Apr 12 Apr 14 Apr 16 Apr 18 Apr 20
18 July
©©2020
2019 CoreLogic,
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Inc.All
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Reserved. Source: CoreLogic, Westpac/Melbourne Institute 10The ANZ/Roy Morgan weekly reading on consumer sentiment has
fallen dramatically over the past four weeks, but showed a bounce
back over the most recent two weeks
18 July
©©2020
2019 CoreLogic,
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Inc.All
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Reserved. Source: ANZ/Roy Morgan 11CoreLogic’s daily home value index, which measures the change in
housing values, showed a change of pace half way through March,
with the trend continuing to lose momentum in April
Daily CoreLogic home value index – rolling 28-day change
Rolling 28 day change in dwelling Rolling 28 day change in dwelling Rolling 28 day change in dwelling
values, Sydney values, Melbourne values, Combined capitals
1.9% 1.9% 1.9%
1.4% 1.4% 1.4%
0.9% 0.9% 0.9%
0.4% 0.4% 0.4%
-0.1% -0.1% -0.1%
5/02/2020
4/03/2020
1/04/2020
8/04/2020
5/02/2020
4/03/2020
1/04/2020
8/04/2020
15/01/2020
22/01/2020
29/01/2020
12/02/2020
19/02/2020
26/02/2020
11/03/2020
18/03/2020
25/03/2020
15/04/2020
15/01/2020
22/01/2020
29/01/2020
12/02/2020
19/02/2020
26/02/2020
11/03/2020
18/03/2020
25/03/2020
15/04/2020
5/02/2020
4/03/2020
1/04/2020
8/04/2020
15/01/2020
22/01/2020
29/01/2020
12/02/2020
19/02/2020
26/02/2020
11/03/2020
18/03/2020
25/03/2020
15/04/2020
18 July
©©2020
2019 CoreLogic,
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Inc.All
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Reserved. Source: CoreLogic 12Each of the major capital cities has seen the trend in capital gains
losing steam
Daily CoreLogic home value index – rolling 28-day change
18 July
©©2020
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Inc.All
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Reserved. Source: CoreLogic 13Clearance rates have plunged over the past two weeks due to a
surge in withdrawn auctions (which are counted as not sold)
Auction clearance rate and volume of auctions, National
100%
Auction clearance rate
80%
60%
40%
20%
0%
Apr 09
Aug 09
Aug 10
Aug 14
Aug 15
Dec 09
Apr 10
Dec 10
Apr 11
Aug 11
Aug 13
Dec 11
Apr 12
Aug 12
Dec 12
Apr 13
Dec 13
Apr 14
Dec 14
Apr 15
Dec 15
Apr 16
Aug 16
Dec 16
Apr 17
Aug 17
Dec 17
Apr 18
Aug 18
Dec 18
Apr 19
Aug 19
Dec 19
Apr 20
Portion of auctions withdrawn* Portion of auctions sold prior*
80%
100%
60% 54.8% 82.7%
80%
40% 60%
20% 40%
20%
0%
0%
Apr 15
Apr 16
Apr 17
Apr 18
Apr 19
Apr 20
Apr 15
Apr 16
Apr 17
Apr 18
Apr 19
Apr 20
* As a % of all auction results * As a % of all ‘sold’ auction results
18 July
©©2020
2019 CoreLogic,
CoreLogic, Inc.
Inc.All
AllRights
RightsReserved.
Reserved. Source: CoreLogic 14A change in appetite for auctions is most impactful on
Melbourne and Sydney, where more than 80% of capital city
auctions are held
What % of properties are listed as auction sales? Share of capital city auction listings
Perth Hobart Darwin
27% 27% 2% 0% 1% Canberra
25%
Adelaide 4%
5%
Brisbane
6% Sydney
36%
11% 10%
5%
2%
1%
Canberra
Sydney
Perth
Darwin
Brisbane
Adelaide
Hobart
Melbourne
Melbourne
46%
18 July
©©2020
2019 CoreLogic,
CoreLogic, Inc.
Inc.All
AllRights
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Reserved. Source: CoreLogic, Based on total listings data, 2019 calendar year 15Agents are less active across RP Data platforms, implying a
sharp drop in pre-listings activity
Rolling 7-day count of CMA activity, Australia
2019 v 2020
% change from % change from
7 days ago same time last year
40% 30%
30% 20%
10%
20%
0%
10% -10%
0% -20%
-10% -30%
Down 66% on same time last year
(noting Easter was a week later in 2019) -20% -40%
-50%
-30%
-60%
-40% -70%
5/02/2020
4/03/2020
1/04/2020
8/04/2020
22/01/2020
29/01/2020
12/02/2020
19/02/2020
26/02/2020
11/03/2020
18/03/2020
25/03/2020
15/04/2020
-50% -80%
5/02/2020
4/03/2020
1/04/2020
5/02/2020
4/03/2020
1/04/2020
22/01/2020
19/02/2020
18/03/2020
15/04/2020
22/01/2020
19/02/2020
18/03/2020
15/04/2020
Seven day count 2020 Seven day count 2019
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. Source: CoreLogic 16New listing numbers are falling sharply and likely to fall
materially further over the coming months
New Listings, rolling 28-day count, combined capital cities
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016 2017 2018 2019 2020
18 July
©©2020
2019 CoreLogic,
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Inc.All
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Reserved. Source: CoreLogic 17New Listings % change from same
28 days ending April 12, 2020 period last year
Rest of NT 31 -44.6%
Rest of Tas 350 -38.6%
Rest of WA 477 -53.2%
Rest of SA 343 -37.2%
Every region has Rest of Qld. 3,341 -30.3%
recorded a sharp Rest of Vic
Rest of NSW
1,784
2,957
-27.8%
-32.2%
decline in new Canberra 359 -40.1%
listing numbers Darwin 66 -57.7%
relative to a year Hobart
Perth
332
1,544 -55.1%
-16.4%
ago Adelaide
Brisbane
1,194
2,733
-39.7%
-30.7%
Melbourne 4,306 -26.4%
Sydney 4,232 -20.4%
Combined Regional 9,283 -32.8%
Combined Capital Cities 14,766 -31.9%
National 24,051 -32.4%
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. Source: CoreLogic 18The next few months present an unprecedented shock to an economy with otherwise strong fundamentals. The institutional response is about ‘building a bridge’ to the recovery phase, with stimulus totaling about 16.5% of GDP
There has been a highly coordinated institutional response
to a pause in economic activity
Value of stimulus ($ billions)
States
Monetary stimulus, $105.0 Federal fiscal stimulus, $213.6
$13.0
Federal
RBA APRA States
Government
Temporary Targeted funding Varied, with focus
Cash rate changes to capital for businesses and on tax relieve and
reduction ratio households support for SME’s
requirements
Unconventional
monetary
response
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 20Because the cash rate probably can’t be reduced any
further, the RBA are now adopting unconventional
monetary policy
RBA monetary
response
Targeting 3 year
Cash rate reduced to A term funding facility for
government bond rates of
0.25% banks
0.25%
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 21The RBA has lowered the cash rate to the effective lower
bound
Monthly change in values versus RBA cash rate
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. Source: RBA, CoreLogic 22For businesses the focus is on small to medium
enterprises, saving jobs and incentivising investment
A wage subsidy package of $1,500 per A 15-month investment incentive program,
fortnight for eligible employees and delivered through accelerated depreciation
employers deductions
Funding of $1 billion to support regions and
A 50% subsidy for apprentice’s or trainee’s sectors most affected by the COVID-19
wages outbreak, which include areas heavily reliant on
tourism, agriculture and education
Operational cost support of between
Temporary relief for financially distressed
$20,000 and $100,000 for small to medium
businesses
sized businesses and not-for-profits
A framework for preserving commercial Temporary exemption from responsible
tenancies for SMEs that qualify for the lending obligations for lenders providing
JobKeeper program credit to existing small business customers
A 50% loan guarantee (the SME Guarantee
Increases in the instant asset write-off Scheme) for small to medium sized
threshold enterprise borrowers to support new short-
term unsecured loans
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 23For households, the focus is on income support and
ensuring tenants have security of tenure
A 6-month moratorium on evictions for residential and commercial property tenants, for tenants
who are unable to pay rent due to COVID-19. According to a press conference on March 30,
compensation for landlords, such as a rent guarantee, is “still being worked through”
The JobSeeker payment has been temporarily lifted by $550 per fortnight
$750 will be provided to low income households on government assistance this year and next
financial year.
Early access to up to $10,000 in superannuation is available for eligible unemployed Australians
Temporary reduction of superannuation minimum drawdown rates will be implemented.
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 24As of the 3rd of April, $13 billion worth of fiscal measures
had been rolled out across the states and territories
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 25As of the 3rd of April, $13 billion worth of fiscal measures
had been rolled out across the states and territories
New South Wales - $3.3 billion Western Australia - $1.60 billion
• Temporary waiver of payroll tax for eligible businesses • Rent relief for commercial tenants in government buildings
• Deferral of rents for commercial tenants in government buildings • Energy Assistance Payment (EAP) has been increased to $600
• $56 million to bring forward the next round of payroll tax cuts • Payroll tax relief for eligible businesses
• $80 million to waive fees and charges for small businesses, including for • A one-off grant of $17,500 for small businesses that pay payroll
tradespeople tax
• Maintenance work on public assets, including social housing and crown land • Household fees and charges are deferred until 2021
fencing
Victoria - $1.7 billion Tasmania - $985 million
• Payroll tax waivers for businesses with annual wages up to $3 million • $50 million to bring forward maintenance projects
• Landowners with at least one non-residential property and landholdings up to • Interest-free loans to affected businesses
$1 million can defer land tax • Payments to low-income households and payments to
• Rent relief for commercial tenants in government buildings households who need to self-isolate
• A $500 million support fund for the most impacted sectors
• $500 million for supporting the deployment of displaced workers
Queensland - $4 billion Australian Capital Territory - $337 million
• Payroll tax refund and relief totaling up to $950 million • Easing of taxes to landlords providing rent concessions
• A $500 million package to train and redeploy workers • $20 million fund for simple works on government assets
• Interest free loans for up to 1 year for the retention of workers • A $250 cash payment to public housing tenants
• $1bn industry support package for large businesses making a key contribution • Household rate rebates and credits to businesses for
during the crisis commercial rates
• $100 million for business electricity bill support
South Australia - $1 billion Northern Territory - $115 million
• Payroll tax relief of up to 6 months for eligible businesses • $30 million to incentivize home renovations under the ‘Home
• Land tax relief Improvement Scheme’
• $300 million ‘Business and Jobs Support Fund’ for businesses affected by • All Territory businesses will be able to access a $10,000 grant.
coronavirus • Payroll tax exemptions
• A $500 payment to households receiving government benefits • $50 million for a small business survival fund
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 26The federal stimulus has However GDP is still forecast
seen the forecast for to drop by 8.5% over the Jun
unemployment reduce quarter and 0.6% through
from 17% by June to the Sep quarter before
around 9% surging 5.2% over Q4
Unemployment rate, Australia Quarterly change in GDP
17% (forecast prior to 6.0%
17% JobKeeper stimulus)
4.0%
15%
2.0%
13%
0.0%
11%
-2.0%
9%
-4.0%
7%
-6.0%
5% -8.0%
3% -10.0%
Dec 90 Dec 95 Dec 00 Dec 05 Dec 10 Dec 15 Dec 20 Dec 90 Dec 96 Dec 02 Dec 08 Dec 14 Dec 20
Source: CoreLogic, Westpac
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 27Between lower funding costs, relaxed capital ratios and a
term funding facility, banks are starting to offer reprieve
for mortgage holders
“All of our home loan customers will be able to pause their repayments for up to six months should
they need to.”
“Westpac customers who have lost their job or suffered loss of income as a result of COVID-19
should contact us for three months deferral on their home loan mortgage repayments, with
extension for a further three months available after review.
“[Customers can] Pause home loan repayments for up to six months, including a three-month
checkpoint.”
“[Customers can] Request a deferral of home loan repayments for up to six months, with a review
at three months, with interest capitalised”
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 28What are real estate agents thinking?
Summary of survey responses from RP Data platform over the past three weeks
The large majority of real estate agents have seen buyer and seller enquiries
more than halve over the two weeks…
Have you noticed a change in the number of Have you noticed a change in the number of
buyer enquiries over the past week? seller enquiries over the past week?
62%
69%
68%
59%
36%
37%
23%
24%
20%
17%
16%
17%
14%
14%
15%
11%
9%
8%
9%
8%
6%
6%
6%
4%
4%
4%
4%
4%
4%
3%
3%
2%
2%
2%
2%
2%
1%
1%
1%
1%
1%
1%
1%
1%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Up 10-25%
Up more than 50%
Up 10-25%
Up more than 50%
Down more than 50%
Down 25-50%
Down 10-25%
Down more than 50%
Down 25-50%
Down 10-25%
Relatively steady
Up less than 10%
Up 25% to 50%
Relatively steady
Up less than 10%
Up 25% to 50%
Down less than 10%
Down less than 10%
Wave 1 Wave 2 Wave 3 Wave 1 Wave 2 Wave 3
Wave 1: March 20-23 | Wave 2: March 27-30 | Wave 3: April 3-6
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 29What are real estate agents thinking?
Summary of survey responses from RP Data platform over the past three weeks
Expectations around buyer and seller activity look to stabilising
What is your expectation for buyer activity over What is your expectation for seller activity over
the next week? the next week?
77%
67%
69% 62%
51% 49%
46% 42%
29%
26% 25%
23%
8% 7% 9%
5% 4%
1%
Worse Same Better Worse Same Better
Wave 1 Wave 2 Wave 3 Wave 1 Wave 2 Wave 3
Wave 1: March 20-23 | Wave 2: March 27-30 | Wave 3: April 3-6
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 30What are real estate agents thinking?
Summary of survey responses from RP Data platform over the past three weeks
Most agents expect housing values to fall by 10-20% over the next six months,
with more than a quarter expecting a larger decline in values.
To what extent do you expect this Over what time frame do you expect this percentage
pandemic will affect residential change to take place?
property values? 30% 31%
35%
24%
27% 28%
10%
7%
2% 2% 1% 1%
Decrease more than 20%
Decrease between 10 -
Decrease bewteen 0 -
Relatively steady
Increase between 1 - 5%
It's already happening
In the next 1 - 3
In the next 3 - 6
In the next 6 - 9
In the next 9 - 12
In the next 12 - 18
In the next 18 - 24
months
months
months
months
months
months
10%
20%
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 31Summary
• Most Australian housing markets were generally into the next upswing phase of the cycle
before the onset of COVID-19
• The COVID-19 outbreak presents downside risk for the Australian housing market. New
information and policy responses are unfolding daily, making it impossible to provide a
reasonable forecast of capital growth
• Property is less volatile and slower to respond to market shocks than equities, and values will
be susceptible to the state of the labour market in the long term
• Transaction activity is already being impacted by low consumer confidence and social
distancing measures. Australians are likely to temporarily put high commitment decisions on
hold
• The government response should cushion the impact of reduced business activity, and there
will be more to come, but a recession through the first three quarters of 2020 is highly likely
• The depth and duration of this market ‘pause’ depends on how well the virus is contained,
how long the shutdown period lasts and how long it takes for the economy and sentiment to
improve.
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 32Disclaimer
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) 2020. 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”). CoreLogic 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 (2020) 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 data's 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
18 July
© 2019 CoreLogic, Inc. All Rights Reserved. 33Get in Touch Georgia Bice Sr Professional, Client & Sales Training CoreLogic Mobile 0407198696 Georgia.Bice@Corelogic.com.au
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