FY23 Investor Presentation
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$102.5m
$95.5m
1.23%
583,087
5,7095,734 570,566
$80.7m
4,964 0.98%
464,945
0.87%
414,723
384,183
0.76%
3,147 0.63% $47.9m
$37.9m
2,407
No of Properties Sold National Transaction Volume* National Market Share Gross Commission Income
($M)^
FY19 FY20 FY21 FY22 FY23
* Source: CoreLogic Economist Park (Jul 2023).
National Market Share Source: The Agency # of Sales / Estimated Properties sold per CoreLogic Economist Park (Jul 2023)
Note – recent months sales are subject to revision by CoreLogic
^ Gross Commission Income (“GCI”) is the fees the vendor pays for the sale of a property.
FY23 National Market Share Ranking by Brand (Transactions)
Ray White 12.76%
Harcourts 4.24%
LJ Hooker 4.06%
McGrath 2.54%
First National 2.43%
Belle Property 2.15%
Professionals 2.04%
Raine & Horne 1.82%
Barry Plant Group 1.74%
Elders 1.62%
Jellis Craig 1.39%
Century 21 1.20%
RE/MAX 1.19%
The Agency 1.13%
Sell Lease Property 0.13%
Source: CoreLogic Market Scorecard, FY23, Houses & Units Segment
Note – CoreLogic Marketscore captures approx. 82% of Australian transactions that are sold through industry portal (i.e. Domain.com.au). Properties sold off market without advertising are generally not included which
results in small variances to the calculated national market share (for on and off market sales).
1. Underlying adjusted for the impact of AASB16 Leasing Standard, Gain on Sale and other one off items.
2. Operating Expenses Pre AASB16 Leasing Standard as a percentage of revenue
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Source: CoreLogic, RBA, APRA, ASX
* Assessed at 1.50% Average Commission Rate of Gross Sales
Volume of $400.9Bn.
Source: CoreLogic
State Breakdown of Transactions Volume
(12 months to June 2023)
WA; 63,283; 14%
NSW; 130,797; 28%
SA; 34,024; 7%
NT; 3,513; 1%
TAS; 9,249; 2%
ACT; 9,386; 2%
QLD; 115,834; 25% VIC; 98,859; 21%
Source: CoreLogic
Investor Participation at 34.2% is broadly
inline with the decade average of 34.4%.
NSW is the state with the highest investor
participation with 39.8% of lending to
investors, while WA has grown to 29.8% in
June 2023
Source: CoreLogic, ABS
Source: CoreLogic, APRA
* Underlying adjusted for the impact of AASB16 Leasing Standard, Gain on Sale and other one off items.
^ This is a non A-IFRS measure
Note – may not add through due to rounding differences