PROPERTY FACTSHEET PROPERTY WATCH REPORT. GOLD COAST Surfers Paradise Fourth Quarter 2013

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1 PROPERTY FACTSHEET PROPERTY WATCH REPORT GOLD COAST Surfers Paradise Fourth Quarter 2013 ROUSE HILL THE HILLS SHIRE 2 nd HALF 2015

2 ABOUT The New Rouse Hill master planned community is situated within The Hills Shire, located approximately 40km northwest of the Sydney Central Business District. Upon completion, this 122 hectare community will become home to approximately 4,500 residents and will provide 32 hectares of open space, a community pavilion, retail and lifestyle precincts and walking and cycling trails. Residents of The New Rouse Hill will have easy access to the M2 Motorway and public transport options, providing connectivity to the Sydney CBD and surrounding areas. When complete, there will be three additional schools in the immediate area, along with numerous schools in surrounding suburbs. This master planned community will also incorporate Mungerie Paddock, which will stretch across 7,500m² of green open space. Mungerie Paddock will also consist of a wetlands area as part of The New Rouse Hill s Water Sensitive Urban Design program. Overview MARKET SUMMARY The Rouse Hill property market has shown significant growth over the past four years, with 2015 recording 14.6% growth for houses and bringing the median price to $940,000. Over the same period, The Hills Shire LGA also experienced high annual growth, increasing by 23.2% (house) and 19.5% (land). The Rouse Hill house rental yield is on par with Sydney Metropolitan, at 3.2% and 3.3% respectively. Houses with 3 bedrooms prove to be the most advantageous investment, with a rental price growth of 5.5% and rental yield of 3.6%. This suggests that the Rouse Hill rental market is growing and, combined with upcoming commercial development around the area, is forecasted to provide continuous and increasing returns to investors. 10 YEAR HOUSE SALES CYCLE Jordan Springs Unum scessu quam tuam obus, diissero pubi senatia Scia Ifecons Penrith Blacktown cerehen iamditilnem nonde concust erunique rehem am Romnenterdiu menatque cae crum convess essenti lnerfec tamenem popteridena, quit. Omnesicia Alari sultorunum num es iussuli befactem fac vir ina, que perid nes nero prit. Maiost iaes hi, conicae KEY trati, ta MARKET ret; iaete orununt INDICATORS iliissendam. iussuli befactem fac vir ina, que perid Half Dierum Change omperena, from Last peremei Year ilissen Year terraed emendies se ipior in tam pro. House sales House median House rents HEADING Land sales Land median Unit rents KEY HIGHLIGHTS Parramatta The Rouse Hill property market performed exceedingly over 2015, recording a median house price of $940,000 and $458,959 for vacant land. This represents 14.6% and -8.7% annual growth respectively. Year on year average capital growth for house sales in The Hills LGA grew by 2.8% to 23.2% in 2015, whereas land sales experienced a 19.5% growth. The rental market is promising, with median rent figures for houses increasing over the period. Houses provide a rental yield of 3.2%, on par with that of Sydney Metro (3.3%). High level of commercial development due to commence construction in will Heading ensure The Hills Shire is an active economic hub and increase the value of property investment in the area. *Note: 2015 House and Vacant Land data represents property sales up to and inclusive of 30 June 2015 Source: APM PriceFinder, The Hills Shire Council, Real Estate Institute of New South Wales

3 Over the past 12 months house prices in Rouse Hill grew by 14.6%, on par with the Sydney Metro area house price growth of 15.7% 10 YEAR LAND SALES CYCLE* HOUSE AVERAGE DAY ON MARKET YEAR ON YEAR GROWTH* HOUSE PRICE POINTS ANNUAL GROWTH TO JUN 2015 KEY IMPLICATIONS Average days on market for houses in Rouse Hill has decreased significantly over Q to Q3 2015, declining by 21.2% to 26 days. This is well above the Hills Shire LGA and the Sydney Metro, which decreased by 1.7% and 2.5% respectively. This suggests a higher level of competitiveness and demand in the Rouse Hill property market. House prices in The Hills Shire LGA grew by 23.2% between and land prices grew by 19.5%; further signaling a strong property market. Continued Heading low interested rates is expected to keep buyer activity buoyant and drive further price growth. *Note: 2015 House and Vacant Land data represents property sales up to and inclusive of 30 June Source: Australian Bureau of Statistics, APM PriceFinder, Cordell Database, RPdata, New South Wales Department of Planning and Environment

4 3 bedroom houses prove to be the most advantageous investment, with a rental price growth of 5.5% and rental yield of 3.6%; on par with Sydney Metro INVESTMENT ANALYSIS ANNUAL RENTAL PERFORMANCE KEY COMMENTS Rental growth in Rouse Hill has been strong throughout 2015 with current rental yield of 3.2% for houses while units provide 4.5% yield. This is on par with Sydney Metro for house (3.3%) and slightly higher for units (4.3%) 3 Bedroom houses provide the highest rental growth at 5.5%, with median rent sitting at $580 per week. The Hills Shire and Rouse Hill vacancy rates are higher than Sydney Metro area, however are decreasing at a more rapid rate. Lower vacancy rates indicate a strong and active rental market, which will foster a positive environment to achieve investment returns. RENTAL YIELD COMPARISON VACANCY RATES Suburb/Postcode /LGA House 3 Beds 4+ Beds Rouse Hill 3.2% 3.6% 3.0% RENTAL YIELD COMPARISON Postcode % 2.9% 1.7% The Hills Shire (LGA) 3.1% 2.7% 2.7% Sydney Metro 3.3% 3.7% 3.0% RENTAL YIELD COMPARISON DWELLING TYPE CHANGE MEDIAN INCOME COMPARISON Source: Australian Bureau of Statistics, APM PriceFinder, Cordell Database, RPdata, New South Wales Department of Planning and Environment, SQM Research

5 PROJECT DEVELOPMENT MAP * TOTAL PROJECT BREAKDOWN THE HILLS SHIRE** Residential Commercial Infrastructure $859 M $757 M $103 M Location Project Title Type Estimated Value*** Commence Date Not on Map North West Rail Link Infrastructure $3,500,000, North West Rail Link - Rapid Transit Rail Facility Infrastructure $75,000, Memorial Ave Upgrade Infrastructure $15,000, Australian International Academy - Overall Project Infrastructure $14,000, Rouse Hill Public Realm Embellishment Works Infrastructure $3,420, Kellyville Park Infrastructure $3,358, Cranbrook Care Aged Care Facility Commercial $51,000, Baptist Church Seniors Living Development - Gracewood Commercial $30,000, Oz Design Distribution Facility Commercial $26,350, Woolworths Retail Development Kellyville Commercial $18,000, Golf Shore Seniors Development Commercial $14,000, Hector Court Local Centre Commercial $4,380, Arnold Avenue Sports Complex Commercial $4,000, Money Cl Light Industrial Complex Commercial $4,000, *Disclaimer: Project development map showcases a sample of projects. This is due to limited space available and accuracy of addresses provided by the data provider for geocoding purposes. For a full list of project development please contact PRDnationwide research **Total Project Breakdown Chart includes all projects in the Hills Shire LGA commencing in 2015 regardless of the current stage in the development process ***Estimated value refers to construction and/or land value as reported by relevant data authority and does not represent commercial/re-sale value Source: Cordell Database, NSW Department of Planning and Environment, PRDnationwide, ESRI, DeLorne, HERE

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