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Prepared on: 07 November 07 Prepared by: Phone: Email: Paul Sheldon 04053956 paul@sheldonrealty.com.au

PALM COVE 408km Distance from GPO.7k Population 36.7% 5 year population change 0 years Average length of ownership The size of Palm Cove is approximately 7 square kilometres. It has park. The population of Palm Cove in 006 was, people. By 0 the population was,655 showing a population growth of 36.7% in the area during that time. The predominant age group in Palm Cove is 55-64 years. Households in Palm Cove are primarily childless couples and are likely to be repaying $800 - $400 per month on mortgage repayments. In general, people in Palm Cove work in a professional occupation. In 006, 4.5% of the homes in Palm Cove were owner-occupied compared with 50.9% in 0. Currently the median sales price of houses in the area is $535,000. Total dwellings Total new listings* Median Value Total number currently listed 6 9 $60,949 43,465 79 $304,4 80 *Total number of unique properties listed for sale over the past months. 07 November 07 Copyright 07 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved. Page

HOUSES: FOR SALE $$$ $75,000 Upper Quartile Price* $$ $535,000 Median Price* The 75th percentile sale price of sales over the past months within the suburb. The middle sale price of all transactions recorded over the past months within the suburb. Note that sale prices lower than $0,000 and higher than $80,000,000 are excluded from the analysis. $ Lower Quartile Price* $474,000 The 5th percentile sale price of sales over the past months within the suburb. *Statistics are calculated over a rolling month period 07 November 07 Copyright 07 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved. Page 3

HOUSES: MARKET ACTIVITY SNAPSHOT ON THE MARKET RECENTLY SOLD 3 /40 Terebra Street Palm 00 Cascade Boulevard - Listed on 3 Oct 07 ANNA NOTHER ONE GONE Sold on 5 Oct 07 Not Disclosed 5m 9.50Ha 339/305-34 Coral Coast Drive 339/305-34 Coral Coast Drive Listed on 9 Oct 07 UNDER CONTRACT Sold on 07 Aug 07 $55,000* 78m 78m 3 /59 Terebra Street Palm 4 Muller Street Palm Cove Listed on 06 Nov 07 AUCTION Sold on 3 Oct 07 $,50,000* 4 6m,045m 33/4 Warren Street Palm 5 Sennfeld Close Palm Listed on 05 Nov 07 Platinum Offers Around $380,000 Sold on 3 Oct 07 $70,000* 3 57m 86m 4 9 78 Veivers Road Palm Cove Litara Court Palm Cove 4 Listed on 05 Nov 07 $54,500 Sold on 0 Oct 07 Not Disclosed 809m 50m 0 Retreat Close Palm Cove Seclusion Drive Palm Listed on 04 Nov 07 HIGH $600,000'S Sold on 6 Aug 07 $485,000 750m 60m = number of houses currently On the Market or Sold within the last 6 months *Agent advised 07 November 07 Copyright 07 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved. Page 4

UNITS: FOR SALE $$$ $460,000 Upper Quartile Price* $$ $30,000 Median Price* The 75th percentile sale price of sales over the past months within the suburb. The middle sale price of all transactions recorded over the past months within the suburb. Note that sale prices lower than $0,000 and higher than $80,000,000 are excluded from the analysis. $ Lower Quartile Price* $0,000 The 5th percentile sale price of sales over the past months within the suburb. *Statistics are calculated over a rolling month period 07 November 07 Copyright 07 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved. Page 5

UNITS: MARKET ACTIVITY SNAPSHOT ON THE MARKET RECENTLY SOLD 3 /3-33 Williams Esplanade Palm Cove QLD 49-63 Williams Esplanade Listed on 04 Nov 07 Auction Sold on 0 Oct 07 Not Disclosed 5m.64Ha 3/9- Amphora Street Palm 35/49-63 Williams Esplanade Palm Cove QLD Listed on 03 Nov 07 BUY THE 3!!! OFFERS INVITED Sold on 9 Sep 07 $65,000 47m 97m 8 30/305-34 Coral Coast Drive /-4 Thais Street Palm Listed on 05 Nov 07 Offers Over $09,000 Sold on 6 Oct 07 $435,000* 84m 5m 3/34 Coral Coast Drive 4405/- Veivers Road Listed on 05 Nov 07 $40,000 Sold on 05 Oct 07 $35,000* - 8m 4 3 3 05/ Oliva Street Palm 3/7 Amphora Street Palm Listed on 05 Nov 07 Auction In-Rooms st of November 07, 5:30pm Sold on 4 Jul 07 $60,000-86m 73/49-63 Williams Esplanade Palm Cove QLD 540/- Veivers Road - Listed on 05 Nov 07 Formal Tender closes 6th Nov 3 Sold on 07 Jul 07 $,300,000 79m 79m = number of units currently On the Market or Sold within the last 6 months *Agent advised 07 November 07 Copyright 07 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved. Page 6

HOUSES: FOR RENT HOUSES: RENTAL ACTIVITY SNAPSHOT FOR RENT 0 There are no bedroom Houses for rent in this suburb 4 3 96 Cascade Boulevard Palm 4/305-34 Coral Coast Drive Listed on 04 Nov 07 $60/W Listed on 03 Nov 07 $45/W 380m 73m 9 4 0 Hideaway Close Palm Lillian Road Palm Cove 4 Listed on 05 Nov 07 $440/W Listed on 04 Nov 07 $750/W 70m 65m = number of houses observed as On the Market for Rent within the last month 07 November 07 Copyright 07 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved. Page 7

UNITS: FOR RENT UNITS: RENTAL ACTIVITY SNAPSHOT FOR RENT /6-8 Oliva Street Palm 8/8-85 Cedar Road Palm Listed on 04 Nov 07 $50/W Listed on 0 Nov 07 $30/W 57m 09m 5 8/65-69 Williams Esplanade /305-34 Coral Coast Drive Listed on 0 Nov 07 $550/W Listed on 0 Nov 07 $30/W 66m 78m 0 3 There are no 3 bedroom Units for rent in this suburb = number of units observed as On the Market for Rent within the last month 07 November 07 Copyright 07 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved. Page 8

u DISCLAIMER CoreLogic Disclaimer Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication. The listing prices shown represent the first and last listing price CoreLogic recorded in the advertising campaign for the property. In some instances we may have derived the price from the advertisement text. Where we have been unable to derive the price from the advertisement text (for example Auctions ), the discount calculations will be unavailable. Census statistics are provided by the Australian Bureau of Statistics (ABS) available at http://www.abs.gov.au/ under Creative Commons Attribution.5 (http://creativecommons.org/licenses/by/.5/au/legalcode). State Government Copyright Notice and Disclaimer QLD - Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 07. 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. Publisher RP Data Pty Ltd trading as CoreLogic Asia Pacific ABN 67 087 759 7 P: 300 734 38 E: support@corelogic.com.au 07 November 07 Copyright 07 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved. Page 9