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Unleash the Power of Data
Property market growth through
confident data driven decisions
© 2015 CoreLogic, Inc. ■ Proprietary & Confidential
Residential Real Estate Underpins Australia's
Wealth
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 2
As at the end of February 2016 2015
Residential Real Estate
$6.4 Trillion Australian Superannuation
$2.3 Trillion
Australian Listed Stocks
$1.6 Trillion
Commercial Real Estate
$0.7 Trillion
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 3
Why CoreLogic is the Market Leader
Property analytics #1
Property information systems #1
Valuation + mortgage risk management platforms #1
Research team in residential property #1
Property reports for consumers #1
150,000 USERS
14,000 CLIENTS
$145M REVENUE
$20M INVESTED P.A.
IN DATA & TECHNOLOGY
9 LOCATIONS
Data Differentiators
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 4
600+ sources of data
000’s of contributors
Rapid data refresh
DEPTH OF
DETAIL
95% accuracy on
recent sales data
ACCURACY
500M+ decision points
spanning more
than 39 years
LENGTH OF
TIME SERIES
98% coverage of
Australian
properties
BREADTH OF
COVERAGE
01
Key Data Assets in Australia
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 5
Proprietary and
Exclusive Data Sets
Augmented
by CoreLogic
Recent
sales data Listings data
Valuation
data
User
analytics
Auction
data sets
Commercial
property data
Property
sales &
transfers
Imagery
data sets
Development
data
Direct
marketing
data
Over Half a Billion Decision Points
Our Customers
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 6
Banks & Finance – 90% Valuations – 95% Real Estate – 70% Platforms
Government
Industry
Products for our
Government Clients
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 7
CoreLogic’s Signature Products
The following pages offer a brief introduction to:
RP Data Professional: Australia’s leading property information service
RP Data Pro for Mobile & iPad: The power of RP Data Professional on the go
CoreLogic AVM Suite: Australia’s premiere suite of automated valuations
Cityscope & Lease Expiry Diary: The authoritative commercial property database and
research tool
Blockbrief: Australia’s comprehensive zoning database and alert service
Greenfield Reports and Infill Reports: Explore housing needs in greenfield and
established corridors
Market Trends and Indices: Suburb-level statistics / analytics and indices
Property Hub: Offering valuation reports, building inspections, title searches, pest
inspections, etc. through a single portal
Monthly Chart Pack: A regular summary of the Australian housing market
Custom Data Reports: Data and Analytics that is not available via an interface
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 8
RP Data Professional
An online suite of tools that allows you to create property
reports, perform value estimates, verify information and
research real estate through the industry’s most powerful
interface.
Powerful search tools:
Single-line address search empowers non-professionals
to search by street address, suburb, postcode, land
parcel and name
Multiple property search results returned in lists that can
be refined
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 9
RP Data Professional
Detailed property information:
Each property has a dedicated page that details legal
description, attributes (bedrooms, bathrooms, etc.),
ownership details, property features, suburb statistics,
detailed sales/listings history and phone details
RP Data Professional has the nation’s authoritative:
Listing feeds for sale and rent
Recent sales captured within days of exchange
Property attributes collected from proprietary sources
Automated valuation estimates and related analytics
which combine to give unparalleled insights into property
market activity.
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 10
RP Data Professional
Advanced mapping tools:
Measure property boundaries, show distances to
local amenities, identify external features and overlay
property data onto maps that are routinely refreshed
Leveraging these tools you can investigate the effects
of zoning changes, explore development
opportunities and identify properties that are uniquely
regulated (pools, granny flats, etc.)
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 11
RP Data Pro for Mobile
iPad, iPhone and Android apps provide our
customers with mobile solutions, which give you
access to RP Data Professional wherever you
are.
Instant access to property, ownership and related
data, including large vibrant imagery
Search for listed and sold properties, including agent
advised and settled sales, using powerful filters such
as our territory searches
Search across property attributes for comparable
sales in a fluid touch-optimised experience
Instant access to automated valuation estimates and
comparative market analysis reports
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 12
Property Monitor
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 13
Add properties to a watch list
Receive timely automated email
alerts on all your clients’ properties,
including For Sale, For Rent,
Anniversary, as well as other alerts
chose by you
Law Enforcement
When a property is listed
tenants are still in transition
Deposal of assets
Monitor and Act
Debt Collection - Arrears of Council
rates
Planning and Land Acquisitions
Property
Information98%
Market Coverage
CoreLogic AVM Suite
Automated Valuation Models (AVMs) are automated, analytically-derived
computer estimates of a property’s value based on a combination of the
property’s characteristics and recent sales of similar properties
CoreLogic has AVMs available that estimate:
Today’s “as is” market values
Historical “retro” market values
Today’s market rental values
CoreLogic’s AVM Suite is routinely benchmarked on a month basis and is
widely used in the finance industry. The CoreLogic AVM Suite is available as:
Simple estimates calculated with associated forecast error scores
AVM property reports combining simple estimates with attribute data, analytics,
imagery and comparable sales; and
Simple batch estimates calculated across a portfolio of properties
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 14
Cityscope and Lease Expiry Date
Cityscope is Australia’s largest commercial property database including:
Location, address and title details
Physical building details
Tenant lists / details
Development proposals
Property photos / imagery; and
Detailed sales and ownership history
Cityscope coverage extends to defined geographic boundaries
corresponding to major CBD areas. Cityscope data can be searched through
a powerful interface designed for power users, or exported for interrogation
within your favourite tools
Lease Expiry Date is a database of commercial leases, registered on title, for
properties located in NSW or QLD. This public leasing information is
enhanced with our proprietary data and made available through Cityscope’s
superior search interface
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 15
Blockbrief
Keep abreast of changes in property zoning
and development approval rules with this
suite of products:
Zone Guide: Quickly understand zone
code meanings and their implications
Zoning Search: Interactive database of
zoning maps across councils (NSW &
SA)
Review Requests: Bespoke reviews of an
LGA to identify development opportunities
Blockbrief Reports: Zoning research
reports at the council, suburb and
property level
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 16
Blockbrief
Zoning Alerts: Track proposed and
adopted zonings changes across
Australia
Zoning Heat Maps: Picture the impact of
rezoning on properties and their
surrounding
Development Site Database: Get a
speculators guide of valid land
development opportunities within a city
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 17
Greenfield and Infill Reports
CoreLogic RP Data and Urban Supply Intelligence (“USI”) have partnered to
develop Greenfield & Landfill Reports
These reports combine CoreLogic’s strength in property data and analytics
with USI’s intimate knowledge of the development sector. This union has
created a series of reports that deliver highly visual and actionable insights to
empower public planners and private developers
Greenfield & Infill Reports provide a cost effective and consistent method to
better understand market conditions in the nation’s growth corridors and sub-
markets.
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 18
Greenfield Reports
Improving housing and land decisions in new
‘green’ corridors
A market health report for growth corridors
attracting new housing and land developments
Locate “sweet spots” for new house or land product
types and pricing
Identify which land sizes achieve the highest return
in a given catchment area
Identify the housing types selling quickest, at the
greatest volumes and with the least vendor
discounting
Identify supply and demand forces to help build the
right product at the right price
Use the insights referred to above to help
manage new land releases and zoning changes
to meet local community needs
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 19
Infill Reports
Improve housing decisions in existing ‘infill’ corridors
A market health report for existing corridors
attracting new housing developments
Inform financial decisions and feasibility assumptions
before acquiring potential redevelopment sites
Understand what type of properties, detached or
attached, are in demand
Inform unit and townhouse product design (sizes,
attributes, etc.) so they are aligned to meet market
demand
Use the insights referred to above to help manage
zoning changes and assess development
application to meet local community needs
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 20
Market Trends
Market Trends aggregates property-level information to create suburb-level or council-level statistics and analytics. Market Trends allows for an in-depth analysis of the Australia property market by exposing a diverse array of metrics including:
Median sales prices and growth
Sales volume sand total value
Median asking rents
Gross rental yields
Listing volumes
Average days on market; and
Vendor discounting
These Market Trends can be graphed to display time-series trends and compare performance between multiple suburbs and local government areas.
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 21
CoreLogic Indices
CoreLogic Indices are a natural extension of Market Trends, applying
sophisticated mathematical algorithms to better understand changes in the
underlying metrics over time.
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 22
1. Price
2. Rent
3. Total Return
INDICES TAKE KEY
MARKET
ATTRIBUTES
& APPLY VARIOUS
MATHEMATICAL
MODELS, ALGORITHMS
& STATISTICAL
INTERPRETATIONS
TO CREATE A MORE
ACCURATE & ROBUST
VIEW OF HOW THE
ATTRIBUTE HAS
CHANGED OVER TIME
4. Time on Market
5. Vendor Discounting
6. CMA Activity
7. Mortgage Activity
1. Construction Method
a. Hedonic regression: models property values as a sum of their attributes
b. Repeat sales: observes the change in values based on properties with prior sales
c. Simple median: identifies the median value for each period and indexes the change
d. Simple count: observes the count of events and indexes the change
2. Adjustments
a. Smoothing: minimisation of noise to amplify signal whilst accounting for seasonality
b. Imputation: estimation of data points where there is insufficient underlying data
Indices are designed specifically for the purpose of tracking changes in the underlying market
attribute between periods, and not for assigning an intrinsic value to the market attribute.
The value of an index at any individual point in time does not offer any information or insight
without comparing it against the value at a separate point in time. It may not, in most cases,
trace back to an underlying intrinsic value of the market attribute.
CoreLogic Indices
CoreLogic Indices have been audited by multiple external parties and rapidly earned a reputation for peerless quality, routinely referenced by the Reserve Bank of Australia.
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 23
“…the results of our analysis indicate that the stratified median price,
hedonic and repeat-sales property price indices developed [by CoreLogic]
represent a material improvement over the simple median price series that
have historically predominated in the Australian market. In this regards, it is
pleasing to see private sector organisations that are committed to
undertaking sophisticated residential real estate research…” Securities
Industry Research Centre of Asia Pacific
“The suite of indexes calculated [by CoreLogic] represents a significant
improvements in the quality of housing price statistics available in
Australia… We look forward to seeing these indexes as they are released
and believe that they will quickly take a central place in the macroeconomic
data framework of Australia…” Moody’s
CoreLogic Indices are available at a capital city level through to a
postcode level, offering our clients the broadest range of indices
available in Australia
Property Services Hub
CoreLogic’s Property Services Hub is a digital market place that connects
consumers and suppliers of property services in a trusted ecosystem that
handles the transaction exchange and workflow.
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 24
Current property services include:
Valuations
Property data and analytics
Building and pest inspections; and
Titles and depreciation schedules
Property services such as conveyancing and
related lending services are on the roadmap
Access to property services is via a web portal
or integrated web services
Property Services Hub
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 25
DATA & ANALYTICS VALUATIONS SERVICES REPORTS WORKFLOW
Address Search
Property Data
ValSafe and
other products
Q Score
Analytics
AVMs
Desktop
valuations
Mortgage
valuations
Non-mortgage
valuations
Commercial
valuations
Titles
Building
inspection
Pest inspection
Timber
inspection
Pool inspection
Depreciation
Strata
Market Trends
Property Profiler
Chinese
language reports
Verification of
identity
Lead generation
Single sign on
Docusign
Available products and services
Monthly Chart Pack
National mortgage index and value of housing
finance commitments
Capital city changes in dwelling values
Housing supply (dwelling approvals) and
demand (population growth)
Consumer sentiment, employment and
mortgage rate statistics
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 26
Every month CoreLogic’s Chart Pack summarises the Australian housing
market with the following macro housing market indicators:
Combined capital cities (national) capital gain
National turnover number (houses and units)
Clearance rates, average vendor discounting and average time on market
Gross rental yields and annual changes in rental rates
Custom Data Reports
What are data products:
Data and Analytics that are not available via an interface
Data that is in an interface, but cant be extracted in bulk
Match & Append jobs e.g.
PVS (portfolio valuation service)
Property Monitor
New Data products “as POC” (provides a concept test platform)
Custom Market Trends reports
API Consumption (BSG)
More information on our API service cant be located on the link below:
https://developer.corelogic.asia/
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 27
Benefits and Value Delivered to
Government Clients
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 28
Benefits / Value to Government
Planning & Forecasting
With a rich a set of data and analytics, including different geographic areas
including postcode, suburb and ASGS boundary insights, CoreLogic can help
you form a detailed view so that you can make better informed decisions in a
timely manner.
With CoreLogic’s tools you can explore key economic trends to assist with
development planning, revenue forecasting, zoning decisions, economic
development, and assessment of relative performance.
Effective Communication
CoreLogic’s solutions can help you maximise the effectiveness of your
government communications. For example, you can communicate with new
residents by issuing moving packs many weeks before the sale is confirmed
from State government sources
Additionally, you can make fast checks in real time to confirm, for example,
the identity and address of callers to a government department
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 29
Benefits / Value to Government
Monitor Compliance
CoreLogic can help you monitor compliance with local laws and assist with
debt management by leveraging many disparate data sources
Advanced mapping tools allow you to identify features such as swimming
pools, which can assist in enforcing public safety programs. CoreLogic’s data
and analytics can also help to differentiate between owner occupied
dwellings and investment properties
Increase Knowledge
CoreLogic’s property data, analytics and research are used by many levels of
Government to increase and inform their knowledge of the property market
As you look to represent your government department in the era of big data,
CoreLogic can help you to cultivate a broad and current view of the property
market. Plan future growth strategies with market leading insights and
verifiable data.
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 30
Benefits / Value to Government
Deliver Operational Efficiencies
CoreLogic can help deliver operational efficiencies that enable government
departments to efficiently deal with everyday matters. For example, quickly
confirm a party’s property and ownership details, delivering a superior
customer experience when residents make enquiries
With interactive mapping tools and unique imagery, including external
photos, internal photos, floorplans and aerials updated annually in metro
areas, CoreLogic delivers an enterprise grade solutions that is the envy of
Google Maps. Whether working as a town planner, all the way through to
emergency services, CoreLogic’s mapping and imagery solutions drive
everyday efficiencies.
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 31
Data Sharing
CoreLogic is always looking for new datasets (including from Government) that
will improve our view of the property market. For example, CoreLogic would be
interested in:
Service addresses
Property rates
Unimproved Capital Values (UCVs)
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 32
About the Account Manager
Grant began his career by looking after SME clients in a
post-sales and inventory management role with Hewlett
Packard for over 2 years. He then moved to Singapore and
Malaysia to assist with HP’s transfer of Australian operations
to South East Asia. Moving back to Australia, Grant joined
MLC for 5 years as an Account Manager before transitioning
into their Sales Strategy team to service VIP clients.
Following a 2 year period where he worked in recruitment,
Grant joined CoreLogic over 2 years ago. Initially working as
an Internal Client Manager for the SME team, Grant joined
the CoreLogic’s Government team mid-2015 as an Account
Director.
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 33
Thank you for your time
| © 2015 CoreLogic, Inc. ■ Proprietary & Confidential 34
Grant Cameron
Key Account Manager, Government