Bayleys Auckland Market Share 12 Months To September 2009

BRE RESIDENTIAL MARKET SHARE 12 MONTHS TO SEPTEMBER 2009 AUCKLAND

Newmarket

Mt Albert

$500,000,000

Mt Eden

Epsom

St Johns

St Heliers

Remuera

Parnell

Orakei

One Tree Hill

Mission Bay

Meadowbank

Kohimarama

Glendowie

Westmere

St Marys Bay

Ponsonby

Pt Chevalier

Herne Bay

Grey Lynn

Freemans Bay

Ellerslie

Balmoral

Auckland Apartments

Auckland Overall Market Share By Value (12 months to 30 Sept 2009)

$600,000,000

Market BRE

$400,000,000

$300,000,000

$200,000,000

$100,000,000

$0

Newmarket

1,200

Mt Albert

Mt Eden

Epsom

St Johns

St Heliers

Remuera

Parnell

Orakei

One Tree Hill

Mission Bay

Meadowbank

Kohimarama

Glendowie

Westmere

St Marys Bay

Ponsonby

Pt Chevalier

Herne Bay

Grey Lynn

Freemans Bay

Ellerslie

Balmoral

Auckland Apartments

Auckland Overall Market Share By Volume (12 months to 30 Sept 2009)

Market BRE

1,000

800

600

400

200

0

Auckland Overall Market Share Total Market Value Above $200 million (12 months to 30 Sept 2009)

$600,000,000

Market BRE

$500,000,000

$400,000,000

$300,000,000

$200,000,000

$100,000,000

Mt Eden

Epsom

Remuera

Auckland Apartments

$0

Auckland Overall Market Share Total Market Value Under $200 million (12 months to 30 Sept 2009) $200,000,000 Market BRE

$180,000,000 $160,000,000 $140,000,000 $120,000,000 $100,000,000 $80,000,000 $60,000,000 $40,000,000 $20,000,000

Mt Albert

Kohimarama

Parnell

St Heliers

Grey Lynn

Ponsonby

Pt Chevalier

Herne Bay

Glendowie

Mission Bay

Orakei

One Tree Hill

Meadowbank

St Johns

St Marys Bay

Westmere

Freemans Bay

Ellerslie

Balmoral (6 mths)

Newmarket

$0

Auckland Overall Market Share Total Market Volume Over 200 (12 months to 30 Sept 2009) 1,200

1,000 Market BRE 800

600

400

200

Grey Lynn

Mt Albert

Auckland Apartments

Remuera

Mt Eden

Epsom

0

Parnell

Kohimarama

St Heliers

Ellerslie

Oner Tree Hill

Meadowbank

Ponsonby

Pt Chevalier

St Johns

Glendowie

Mission Bay

Newmarket

Orakei

Freemans Bay

Westmere

St Marys Bay

160

Balmoral

Herne Bay

Auckland Overall Market Share Total Market Volume Under 200

200 (12 months to 30 Sept 2009)

180

Market BRE

140

120

100

80

60

40

20

0

Total Market and BRE Overall Summary 12 months to 30 Sept 2009 Location Auckland Apartments Balmoral Ellerslie Epsom Freemans Bay Glendowie Grey Lynn Herne Bay Kohimarama Meadowbank Mission Bay Mt Albert Mt Eden Newmarket One Tree Hill Orakei Parnell Ponsonby Pt Chevalier Remuera St Heliers St Johns St Marys Bay Westmere Total

Total Market Value $259,249,076 $26,020,339 $87,119,850 $255,394,296 $62,714,200 $106,665,825 $142,438,777 $131,258,000 $116,178,251 $69,506,500 $85,376,270 $136,698,838 $220,661,503 $40,605,100 $56,996,694 $75,068,756 $167,925,588 $90,663,622 $73,627,023 $527,974,542 $154,110,581 $53,082,490 $42,130,500 $64,698,328 $3,046,164,949

BRE Value $17,093,000 $12,262,500 $2,533,000 $9,117,000 $6,295,500 $6,647,500 $7,550,000 $46,971,500 $27,971,500 $6,378,500 $23,343,000 $814,000 $30,413,000 $1,645,500 $885,000 $9,738,000 $46,381,000 $15,302,000 $485,000 $94,626,000 $26,002,500 $3,512,500 $4,882,000 $3,748,000 $404,597,500

BRE Percentage Market Volume 6.6% 1,057 47.1% 37 2.9% 172 3.6% 297 10.0% 89 6.2% 143 5.3% 228 35.8% 91 24.1% 137 9.2% 116 27.3% 91 0.6% 261 13.8% 326 4.1% 90 1.6% 115 13.0% 83 27.6% 177 16.9% 114 0.7% 129 17.9% 504 16.9% 163 6.6% 96 11.6% 41 5.8% 79 13.3% 4,636

BRE Volume 47 15 3 9 8 8 12 26 26 9 16 2 35 3 2 7 36 16 1 76 18 5 4 5 389

BRE Percentage 4.4% 40.5% 1.7% 3.0% 9.0% 5.6% 5.3% 28.6% 19.0% 7.8% 17.6% 0.8% 10.7% 3.3% 1.7% 8.4% 20.3% 14.0% 0.8% 15.1% 11.0% 5.2% 9.8% 6.3% 8.4%

Change in Total Market Sales Value vs. Change in BRE Sales Value Y/E Sept Quarter 08 on Y/E Sept Quarter 09 Location Auckland Apartments Balmoral Ellerslie Epsom Freemans Bay Glendowie Grey Lynn Herne Bay Kohimarama Meadowbank Mission Bay Mt Albert Mt Eden Newmarket One Tree Hill Orakei Parnell Ponsonby Pt Chevalier Remuera St Heliers St Johns St Marys Bay Westmere Total

Y/E Sept Quarter 08 Total Market Value BRE Value $274,191,433 $15,996,600 $0 $0 $0 $0 $242,662,993 $14,097,000 $49,170,200 $11,146,000 $78,166,525 $2,305,000 $118,892,600 $9,483,500 $106,139,100 $40,645,000 $127,088,125 $8,673,625 $64,356,750 $3,225,000 $72,233,000 $11,610,000 $80,040,050 $3,603,000 $221,750,648 $35,840,000 $45,702,276 $1,408,000 $27,311,460 $5,898,500 $65,941,000 $13,894,000 $172,830,438 $27,554,300 $84,446,000 $7,467,500 $77,153,538 $0 $513,947,508 $113,594,100 $141,898,898 $35,996,350 $56,335,000 $0 $42,639,000 $6,076,500 $59,766,000 $6,777,000 $2,722,662,542 $375,290,975

Y/E Sept Quarter 2009 Total Market Value BRE Value $259,249,076 $17,093,000 $26,020,339 $12,262,500 $87,119,850 $2,533,000 $255,394,296 $9,117,000 $62,714,200 $6,295,500 $106,665,825 $6,647,500 $142,438,777 $7,550,000 $131,258,000 $46,971,500 $116,178,251 $27,971,500 $69,506,500 $6,378,500 $85,376,270 $23,343,000 $136,698,838 $814,000 $220,661,503 $30,413,000 $40,605,100 $1,645,500 $56,996,694 $885,000 $75,068,756 $9,738,000 $167,925,588 $46,381,000 $90,663,622 $15,302,000 $73,627,023 $485,000 $527,974,542 $94,626,000 $154,110,581 $26,002,500 $53,082,490 $3,512,500 $42,130,500 $4,882,000 $64,698,328 $3,748,000 $2,933,024,760 $389,802,000

Percentage Change Total Market BRE -5.4% 6.9%

Y/E Perfromance Improved

5.2% 27.5% 36.5% 19.8% 23.7% -8.6% 8.0% 18.2% 70.8% -0.5% -11.2%

-35.3% -43.5% 188.4% -20.4% 15.6% 222.5% 97.8% 101.1% -77.4% -15.1% 16.9%

Deteriorated Deteriorated Improved Deteriorated Deteriorated Improved Improved Improved

13.8% -2.8% 7.4% -4.6% 2.7% 8.6% -5.8% -1.2% 8.3% 7.7%

-29.9% 68.3% 104.9%

Deteriorated Improved Improved

-16.7% -27.8%

Deteriorated Deteriorated Improved Deteriorated Deteriorated Deteriorated

-19.7% -44.7% 3.9%

Deteriorated Improved

Note performance totals exclude Bal;moral and Ellerslie as no 2008 figures available

Total

Westmere

St Marys Bay

60.00%

St Johns

St Heliers

Remuera

Pt Chevalier

Ponsonby

Parnell

Orakei

One Tree Hill

Newmarket

Mt Eden

Mt Albert

Mission Bay

Meadowbank

Kohimarama

Herne Bay

Grey Lynn

Glendowie

Freemans Bay

Epsom

Balmoral

Auckland Apartments

BRE Market Share By Value Comparison

70.00%

Yr end March 08 Yr end Sept 08 Yr end March 09 Yr end Sept 09

50.00%

40.00%

30.00%

20.00%

10.00%

0.00%

Auck APTS (12 months to 30 Sept 2008) Market Value BRE Market Share Market Volume BRE Market Share

Residual

93.4%

95.6%

Auck APTS (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

93.9%

95.8%

Auck APTS (1 Jan 2008 - 31 Mar 2008) Market Value BRE Market Share Market Volume BRE Market Share

92.7%

95.2%

Overall

$0 - $500,000

$259,249,076 $17,093,000 7% 1057 47 4%

$211,629,421 $11,578,345 5% 998 38 4%

Overall

$0 - $500,000

$147,751,953 $8,970,000 6% 598 25 4%

$118,137,953 $5,915,000 5% 562 20 4%

Overall

$0 - $500,000

$111,497,123 $8,123,000 7% 459 22 5%

$93,491,468 $5,663,345 6% 436 18 4%

$501,000 $750,000 $23,940,655 $5,514,655 23% 39 9 23%

$750,001 $1,000,000 $7,594,000 $0 0% 9 0 0%

$1,000,001 $1,500,000 $10,160,000 $0 0% 8 0 0%

$1,500,001 $2,000,000 $3,425,000 $0 0% 2 0 0%

Over $2,000,000 $2,500,000 $0 0% 1 0 0%

$501,000 $750,000 $14,940,000 $3,055,000 20% 24 5 21%

$750,001 $1,000,000 $5,184,000 $0 0% 6 0 0%

$1,000,001 $1,500,000 $5,165,000 $0 0% 4 0 0%

$1,500,001 $2,000,000 $1,825,000 $0 0% 1 0 0%

Over $2,000,000 $2,500,000 $0 0% 1 0 0%

$501,000 $750,000 $9,000,655 $2,459,655 27% 15 4 27%

$750,001 $1,000,000 $2,410,000 $0 0% 3 0 0%

$1,000,001 $1,500,000 $4,995,000 $0 0% 4 0 0%

$1,500,001 $2,000,000 $1,600,000 $0 0% 1 0 0%

Over $2,000,000 $0 $0 0% 0 0 0%

Auckland Overall Market Share By Value Auckland City Apartments

Auckland Overall Market Share By Value Auckland City Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

30%

6.6% Market BRE

23%

25% 20% 15% 10% 5% 5%

0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

$501,000 $750,000

93.4%

Auckland Overall Market Share By Volume Auckland City Apartments

Auckland Overall Market Share By Volume Auckland City Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

4.4%

30% Market BRE

23%

25% 20% 15% 10% 5%

4% 0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

95.6%

$501,000 $750,000

Balmoral (9 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

52.9%

59.5%

Balmoral (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

65.7%

72.7%

Overall

$0 - $500,000

$26,020,339 $12,262,500 47% 37 15 41%

$2,598,339 $650,000 25% 10 2 20%

Overall

$0 - $500,000

$14,993,339 $5,150,000 34% 22 6 27%

$1,638,339 $0 0% 6 0 0%

Balmoral (1 Jan 2008 - 31 Mar 2008) Market Value BRE Market Share Market Volume BRE Market Share

$0 - $500,000

35.5%

40.0%

$11,027,000 $7,112,500 65% 15 9 60%

$960,000 $650,000 68% 4 2 50%

$501,000 $750,000 $6,579,000 $2,110,000 32% 10 3 30%

$750,001 $1,000,000 $7,892,000 $6,167,500 78% 9 7 78%

$1,000,001 $1,500,000 $8,951,000 $3,335,000 37% 8 3 38%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $5,109,000 $1,380,000 27% 8 2 25%

$750,001 $1,000,000 $4,690,000 $3,770,000 80% 5 4 80%

$1,000,001 $1,500,000 $3,556,000 $0 0% 3 0 0%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $1,470,000 $730,000 50% 2 1 50%

$750,001 $1,000,000 $3,202,000 $2,397,500 75% 4 3 75%

$1,000,001 $1,500,000 $5,395,000 $3,335,000 62% 5 3 60%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 0% 0 0 0%

Auckland Overall Market Share By Value Balmoral

Auckland Overall Market Share By Value Balmoral

(9 Months to 30 Sept 2009)

(9 months to 30 Sept 2009)

90% Market

80%

BRE

70%

78%

60% 50% 40%

47.1%

30%

52.9%

37%

32% 25%

20% 10%

0%

0%

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

$501,000 $750,000

$750,001 $1,000,000

$1,000,001 $1,500,000

Auckland Overall Market Share By Volume Balmoral

Auckland Overall Market Share By Volume Balmoral

(9 Months to 30 Sept 2009)

(9 months to 30 Sept 2009)

35% Market BRE

30% 23%

25% 20%

40.5%

15% 10% 59.5%

5%

4% 0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

$501,000 $750,000

Ellerslie (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

97.1%

98.3%

Ellerslie (1 April to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

95.1%

96.9%

Ellerslie (1 October 08 to 31 March 09) Market Value BRE Market Share Market Volume BRE Market Share

100.0%

100.0%

Overall

$0 - $500,000

$87,119,850 $2,533,000 3% 172 3 2%

$38,842,250 $483,000 1% 102 1 1%

Overall

$0 - $500,000

$51,844,500 $2,533,000 5% 96 3 3%

$20,186,800 $483,000 2% 53 1 2%

Overall

$0 - $500,000

$35,275,350 $0 0% 76 0 0%

$18,655,450 $0 0% 49 0 0%

$501,000 $750,000 $31,653,100 $0 0% 54 0 0%

$750,001 $1,000,000 $7,447,000 $950,000 13% 9 1 11%

$1,000,001 $1,500,000 $5,667,500 $1,100,000 19% 5 1 20%

$1,500,001 $2,000,000 $3,510,000 $0 0% 2 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $17,113,200 $0 0% 29 0 0%

$750,001 $1,000,000 $6,667,000 $950,000 14% 8 1 13%

$1,000,001 $1,500,000 $4,367,500 $1,100,000 25% 4 1 25%

$1,500,001 $2,000,000 $3,510,000 $0 0% 2 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $14,539,900 $0 0% 25 0 0%

$750,001 $1,000,000 $780,000 $0 0% 1 0 0%

$1,000,001 $1,500,000 $1,300,000 $0 0% 1 0 0%

$1,500,001 $2,000,000 $0 $0 0% 0 0 0%

Over $2,000,000 $0 $0 0% 0 0 0%

Auckland Overall Market Share By Value Ellerslie

Auckland Overall Market Share By Value Ellerslie

(12 months to 31 March 2009)

(12 months to 31 March 2009)

25%

2.9% Market

19%

20%

BRE

13%

15% 10% 1%

0%

0% $1,500,001 $2,000,000

$1,000,001 $1,500,000

$750,001 $1,000,000

$501,000 $750,000

$0 $500,000

0%

0% Over $2,000,000

5%

97.1%

Auckland Overall Market Share By Volume Ellerslie

Auckland Overall Market Share By Volume Ellerslie

(12 months to 31 March 2009)

(12 months to 31 March 2009)

1.7%

50% 40% 30%

20%

20% 1%

0% $501,000 $750,000

11%

$0 $500,000

10%

0%

0% Over $2,000,000

BRE

$1,500,001 $2,000,000

Market

98.3%

$1,000,001 $1,500,000

$750,001 $1,000,000

0%

Epsom (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

96.4%

97.0%

Epsom (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

96.8%

97.6%

Epsom (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

95.9%

96.2%

Overall

$0 - $500,000

$255,394,296 $9,117,000 4% 297 9 3%

$26,411,828 $0 0% 72 0 0%

Overall

$0 - $500,000

$146,454,128 $4,622,000 3% 166 4 2%

$14,151,928 $0 0% 38 0 0%

Overall

$0 - $500,000

$108,940,168 $4,495,000 4% 131 5 4%

$12,259,900 $0 0% 34 0 0%

$501,000 $750,000 $44,417,400 $2,515,000 6% 69 4 6%

$750,001 $1,000,000 $64,522,568 $945,000 1% 74 1 1%

$1,000,001 $1,500,000 $74,239,500 $3,657,000 5% 60 3 5%

$1,500,001 $2,000,000 $19,373,000 $2,000,000 10% 11 1 9%

Over $2,000,000 $26,430,000 $0 0% 11 0 0%

$501,000 $750,000 $26,598,400 $1,320,000 5% 41 2 5%

$750,001 $1,000,000 $38,422,300 $0 0% 44 0 0%

$1,000,001 $1,500,000 $35,451,500 $1,302,000 4% 29 1 3%

$1,500,001 $2,000,000 $5,400,000 $2,000,000 37% 3 1 33%

Over $2,000,000 $26,430,000 $0 0% 11 0 0%

$501,000 $750,000 $17,819,000 $1,195,000 7% 28 2 7%

$750,001 $1,000,000 $26,100,268 $945,000 4% 30 1 3%

$1,000,001 $1,500,000 $38,788,000 $2,355,000 6% 31 2 6%

$1,500,001 $2,000,000 $13,973,000 $0 0% 8 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Auckland Overall Market Market Share By By Value Auckland Overall Share Value Auckland City Apartments Epsom

Auckland OverallMarket Market Share Value Auckland Overall ShareByBy Value Auckland City Apartments Epsom

(12 months 6% to 30 Sept 2009)

(12 months to 30 Sept 2009)

25% 25% 12%

6% 3.6% 6.6%

Market Market Market BRE BRE BRE

23% 23%

10%

20% 10% 20% 8% 15% 15% 6% 10% 10% 4%

6%

5%

5%

5% 2%

1% 0%

0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

$501,000 $750,000

94% 93.4% 96.4%

Auckland OverallMarket Market Share By By Volume Auckland Overall Share Volume Auckland City Apartments Epsom

25%

4% to 30 Sept 2009) (12 months 4.4% 3.0%

Market Market BRE BRE

25% 10% 20% 9% 20% 8% 7% 15% 15% 6% 5% 10% 10% 4% 3% 5% 5% 2% 1% 0%

Auckland Overall Market Market Share By Share Volume By Auckland City Auckland Overall Volume Apartments Epsom 23% (12 months to 30 Sept 2009) 23%

6% 5%

4% 4%

1%

0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

$0 - $500,000

96% 95.6% 97.0%

9%

$501,000 $750,000

0% 0% Over $2,000,000

Freemans Bay (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

90.0%

91.0%

Freemans Bay (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

91.0%

91.8%

Freemans Bay (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

88.8%

90.0%

Overall

$0 - $500,000

$62,714,200 $6,295,500 10% 89 8 9%

$10,329,000 $759,500 7% 30 2 7%

Overall

$0 - $500,000

$33,727,200 $3,045,000 9% 49 4 8%

$5,711,000 $380,000 7% 17 1 6%

Overall

$0 - $500,000

$28,987,000 $3,250,500 11% 40 4 10%

$4,618,000 $379,500 8% 13 1 8%

$501,000 $750,000 $18,984,700 $2,586,000 14% 29 4 14%

$750,001 $1,000,000 $10,347,500 $0 0% 12 0 0%

$1,000,001 $1,500,000 $16,428,000 $1,380,000 8% 14 1 7%

$1,500,001 $2,000,000 $6,625,000 $1,570,000 24% 4 1 25%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $8,493,200 $1,285,000 15% 13 2 15%

$750,001 $1,000,000 $7,735,000 $0 0% 9 0 0%

$1,000,001 $1,500,000 $11,788,000 $1,380,000 12% 10 1 10%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $10,491,500 $1,301,000 12% 16 2 13%

$750,001 $1,000,000 $2,612,500 $0 0% 3 0 0%

$1,000,001 $1,500,000 $4,640,000 $0 0% 4 0 0%

$1,500,001 $2,000,000 $6,625,000 $1,570,000 24% 4 1 25%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Auckland Overall Market Share By Value Auckland Freemans City Apartments Bay

Auckland Overall Overall Market Market Share Share By By Value Value Auckland Auckland City Apartments Freemans Bay

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6%

25% 40%

10.0% Market BRE

23%

35% 20% 30% 24%

25% 15% 20% 10% 15% 10% 5% 5%

14% 5% 7%

8% 0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

$501,000 $750,000

94% 90.0%

Auckland Overall Market Share By Volume Auckland Freemans City Apartments Bay 25% 40%

(12 months 4% to 30 Sept 2009)

9.0%

Market Market BRE BRE

Auckland Auckland Overall Overall Market Market ShareShare By Volume By Volume Auckland City Freemans Apartments Bay 23% (12 months to 30 Sept 2009)

20% 35% 30% 15% 25%

25%

20% 10% 15% 10% 5% 5%

14% 7%

4% 7% 0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

0% Over $2,000,000

0% $0 - $500,000

96% 91.0%

$501,000 $750,000

Glendowie (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

93.8%

94.4%

Glendowie (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

93.7%

95.3%

Glendowie (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

93.9%

93.1%

Overall

$0 - $500,000

$106,665,825 $6,647,500 6% 143 8 6%

$7,725,500 $0 0% 19 0 0%

Overall

$0 - $500,000

$67,243,350 $4,231,000 6% 85 4 5%

$3,607,000 $0 0% 9 0 0%

Overall

$0 - $500,000

$39,422,475 $2,416,500 6% 58 4 7%

$4,118,500 $0 0% 10 0 0%

$501,000 $750,000 $42,778,975 $3,522,500 8% 69 6 9%

$750,001 $1,000,000 $31,865,850 $0 0% 37 0 0%

$1,000,001 $1,500,000 $18,470,500 $1,300,000 7% 15 1 7%

$1,500,001 $2,000,000 $3,525,000 $1,825,000 52% 2 1 50%

Over $2,000,000 $2,300,000 $0 0% 1 0 0%

$501,000 $750,000 $20,621,500 $1,106,000 5% 34 2 6%

$750,001 $1,000,000 $23,139,350 $0 0% 27 0 0%

$1,000,001 $1,500,000 $15,750,500 $1,300,000 8% 13 1 8%

$1,500,001 $2,000,000 $1,825,000 $1,825,000 100% 1 1 100%

Over $2,000,000 $2,300,000 $0 0% 1 0 0%

$501,000 $750,000 $22,157,475 $2,416,500 11% 35 4 11%

$750,001 $1,000,000 $8,726,500 $0 0% 10 0 0%

$1,000,001 $1,500,000 $2,720,000 $0 0% 2 0 0%

$1,500,001 $2,000,000 $1,700,000 $0 0% 1 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Auckland Overall Market Share By Value Auckland Glendowie City Apartments

Auckland Overall Market Share By Value Auckland Glendowie City Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6% 6.2%

25% 60% Market BRE

23% 52%

50% 20% 40% 15% 30% 10% 20%

5% 8%

5% 10% 0%

7% 0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

$501,000 $750,000

94% 93.8%

Auckland Overall Market Share By Volume Auckland Glendowie City Apartments 25% 60%

(12 months 4% to 30 Sept 2009)

Auckland Auckland Overall Overall Market Market Share Share By By Volume Volume Auckland Glendowie (12 months to 30 Sept 2009) City Apartments 23%

5.6% Market Market BRE BRE

50% 50% 20% 40% 15% 30% 10% 20% 5% 10%

4%

9%

0%

7% 0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over 0% $2,000,000

0% $0 - $500,000

96% 94.4%

$501,000 $750,000

Grey Lynn (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

94.7%

94.7%

Grey Lynn (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

95.2%

95.3%

Grey Lynn (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

94.1%

94.1%

Overall

$0 - $500,000

$142,438,777 $7,550,000 5% 228 12 5%

$29,452,000 $1,740,000 6% 72 4 6%

Overall

$0 - $500,000

$80,401,277 $3,870,500 5% 127 6 5%

$16,810,500 $895,000 5% 42 2 5%

Overall

$0 - $500,000

$62,037,500 $3,679,500 6% 101 6 6%

$12,641,500 $845,000 7% 30 2 7%

$501,000 $750,000 $62,723,277 $3,017,500 5% 99 5 5%

$750,001 $1,000,000 $40,776,500 $1,771,000 4% 49 2 4%

$1,000,001 $1,500,000 $7,967,000 $1,021,500 13% 7 1 14%

$1,500,001 $2,000,000 $1,520,000 $0 0% 1 0 0%

Over $2,000,000 $0 $0

$501,000 $750,000 $31,752,277 $1,183,000 4% 49 2 4%

$750,001 $1,000,000 $24,782,000 $771,000 3% 30 1 3%

$1,000,001 $1,500,000 $5,536,500 $1,021,500 18% 5 1 20%

$1,500,001 $2,000,000 $1,520,000 $0 0% 1 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $30,971,000 $1,834,500 6% 50 3 6%

$750,001 $1,000,000 $15,994,500 $1,000,000 6% 19 1 5%

$1,000,001 $1,500,000 $2,430,500 $0 0% 2 0 0%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

0 0

Auckland Overall Market Share By Value Auckland Grey CityLynn Apartments

Auckland Overall Market Share By Value Auckland Grey CityLynn Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6% 5.3%

25% Market BRE

23%

20% 15%

13%

10% 6% 5%

5%

5%

4% 0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

$501,000 $750,000

94% 94.7%

Auckland Overall Market Share By Volume Auckland Grey CityLynn Apartments 25% 25%

(12 months 4% to 30 Sept 2009)

5.3% Market Market BRE BRE

Auckland Auckland Overall Overall Market Market ShareShare By Volume By Volume Auckland City Grey Apartments Lynn 23% (12 months to 30 Sept 2009)

20% 20% 15% 15%

14%

10% 10% 5% 5%

6% 4%

5%

4% 0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

0% $0 - $500,000

96% 94.7%

$501,000 $750,000

0% Over $2,000,000

Herne Bay (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

64.2%

71.4%

Herne Bay (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

61.5%

66.7%

Herne Bay (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

70.3%

79.4%

Overall

$0 - $500,000

$131,258,000 $46,971,500 36% 91 26 29%

$3,425,000 $0 0% 9 0 0%

Overall

$0 - $500,000

$90,448,500 $34,846,500 39% 57 19 33%

$1,470,000 $0 0% 4 0 0%

Overall

$0 - $500,000

$40,809,500 $12,125,000 30% 34 7 21%

$1,955,000 $0 0% 5 0 0%

$501,000 $750,000 $4,296,000 $726,500 17% 7 1 14%

$750,001 $1,000,000 $17,966,000 $7,225,000 40% 20 8 40%

$1,000,001 $1,500,000 $29,941,000 $6,250,000 21% 23 5 22%

$1,500,001 $2,000,000 $26,315,000 $7,125,000 27% 15 4 27%

Over $2,000,000 $49,315,000 $25,645,000 52% 17 8 47%

$501,000 $750,000 $2,021,500 $726,500 36% 3 1 33%

$750,001 $1,000,000 $12,746,000 $5,500,000 43% 14 6 43%

$1,000,001 $1,500,000 $15,801,000 $5,000,000 32% 12 4 33%

$1,500,001 $2,000,000 $19,595,000 $3,925,000 20% 11 2 18%

Over $2,000,000 $38,815,000 $19,695,000 51% 13 6 46%

$501,000 $750,000 $2,274,500 $0 0% 4 0 0%

$750,001 $1,000,000 $5,220,000 $1,725,000 33% 6 2 33%

$1,000,001 $1,500,000 $14,140,000 $1,250,000 9% 11 1 9%

$1,500,001 $2,000,000 $6,720,000 $3,200,000 48% 4 2 50%

Over $2,000,000 $10,500,000 $5,950,000 57% 4 2 50%

Auckland Overall Market Share By Value Auckland Herne City Bay Apartments

Auckland AucklandOverall OverallMarket MarketShare ShareBy ByValue Value AucklandHerne City Apartments Bay

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6%

25% 70% Market BRE

35.8%

23%

60% 20% 50%

52% 40%

15% 40%

27%

30% 10% 20% 5% 10%

5%

17%

0%

64.2%

21%

0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

$501,000 $750,000

94%

Auckland Overall Market Share By Volume Auckland Herne City Bay Apartments 25% 70%

(12 months 4% to 30 Sept 2009)

Market Market BRE BRE

28.6%

Auckland Auckland Overall Overall Market Market ShareShare By Volume By Volume Auckland City Herne Apartments Bay 23% (12 months to 30 Sept 2009)

20% 60% 47%

50% 15% 40%

40% 27%

10% 30% 20% 5% 10%

22% 4%

14%

0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

0% 71.4% 96%

$0 - $500,000

$501,000 $750,000

0% Over $2,000,000

Kohimarama (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

75.9%

81.0%

Kohimarama (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

77.1%

80.3%

Kohimarama (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

74.5%

82.0%

Overall

$0 - $500,000

$116,178,251 $27,971,500 24% 137 26 19%

$9,908,500 $255,000 3% 29 1 3%

Overall

$0 - $500,000

$63,991,251 $14,672,000 23% 76 15 20%

$5,058,000 $255,000 5% 15 1 7%

Overall

$0 - $500,000

$52,187,000 $13,299,500 25% 61 11 18%

$4,850,500 $0 0% 14 0 0%

$501,000 $750,000 $22,901,750 $2,556,500 11% 36 4 11%

$750,001 $1,000,000 $28,734,001 $7,535,000 26% 33 9 27%

$1,000,001 $1,500,000 $37,074,000 $9,725,000 26% 30 8 27%

$1,500,001 $2,000,000 $12,810,000 $5,550,000 43% 7 3 43%

Over $2,000,000 $4,750,000 $2,350,000 49% 2 1 50%

$501,000 $750,000 $12,708,250 $2,015,000 16% 20 3 15%

$750,001 $1,000,000 $18,410,001 $4,092,000 22% 21 5 24%

$1,000,001 $1,500,000 $18,390,000 $4,585,000 25% 15 4 27%

$1,500,001 $2,000,000 $9,425,000 $3,725,000 40% 5 2 40%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $10,193,500 $541,500 5% 16 1 6%

$750,001 $1,000,000 $10,324,000 $3,443,000 33% 12 4 33%

$1,000,001 $1,500,000 $18,684,000 $5,140,000 28% 15 4 27%

$1,500,001 $2,000,000 $3,385,000 $1,825,000 54% 2 1 50%

Over $2,000,000 $4,750,000 $2,350,000 49% 2 1 50%

Auckland Overall Market Share By Value Auckland Kohimarama City Apartments

Auckland Overall Market Share By Value Auckland Kohimarama City Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6%

25% 60% Market BRE

24.1%

23% 49%

50% 20% 40% 15% 30% 10% 20% 5% 10%

43%

5%

26%

26%

0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

11%

3%

0% $0 - $500,000

75.9%

$501,000 $750,000

94%

Auckland Overall Market Share By Volume Auckland Kohimarama City Apartments 25% 60%

(12 months 4% to 30 Sept 2009)

Market Market BRE BRE

19.0%

Auckland Auckland Overall Overall Market Market ShareShare By Volume By Volume Auckland City Kohimarama Apartments 23% (12 months to 30 Sept 2009) 50%

20% 50%

43%

40% 15% 30% 10% 20% 5% 10%

4% 3%

11%

$0 - $500,000

$501,000 $750,000

27%

27%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

0%

96%

81.0%

0% Over $2,000,000

Meadowbank (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

90.8%

92.2%

Meadowbank (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

89.3%

90.6%

Meadowbank (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

92.8%

94.2%

Overall

$0 - $500,000

$69,506,500 $6,378,500 9% 116 9 8%

$11,336,000 $0 0% 29 0 0%

Overall

$0 - $500,000

$39,397,500 $4,219,500 11% 64 6 9%

$6,383,000 $0 0% 16 0 0%

Overall

$0 - $500,000

$30,109,000 $2,159,000 7% 52 3 6%

$4,953,000 $0 0% 13 0 0%

$501,000 $750,000 $40,204,000 $3,076,000 8% 67 5 7%

$750,001 $1,000,000 $13,486,500 $3,302,500 24% 16 4 25%

$1,000,001 $1,500,000 $4,480,000 $0 0% 4 0 0%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0

$501,000 $750,000 $19,377,000 $1,897,000 10% 33 3 9%

$750,001 $1,000,000 $9,157,500 $2,322,500 25% 11 3 27%

$1,000,001 $1,500,000 $4,480,000 $0 0% 4 0 0%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $20,827,000 $1,179,000 6% 34 2 6%

$750,001 $1,000,000 $4,329,000 $980,000 23% 5 1 20%

$1,000,001 $1,500,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

0 0

Auckland Overall Market Share By Value Auckland Meadowbank City Apartments

Auckland Overall Market Share By Value Auckland Meadowbank City Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6% 9.2%

Market BRE

25% 100%

23%

20% 80% 15% 60% 10% 40% 24%

5% 5% 20% 0% 0%

8% 0%

0% $0$0- $500,000 - $500,000 $501,000 $501,000- $750,000 $750,000

0% 0%

0% 0%

$750,001 $750,001- - $1,000,001 $1,000,001-- $1,500,001 $1,500,001 -$1,000,000 $1,000,000 $1,500,000 $1,500,000 $2,000,000 $2,000,000

0% Over $2,000,000

94% 90.8%

Auckland Overall Market Share By Volume Auckland Meadowbank City Apartments 25%

(12 months 4% to 30 Sept 2009)

7.8%

Market Market BRE BRE

Auckland MarketBy Share By Volume Auckland Overall Overall Market Share Volume Auckland CityMeadowbank Apartments 23%

(12 months to 30 Sept 2009)

100% 20% 80% 15% 60% 10% 40% 5% 20%

25%

4% 0%

7%

0%

0% 0%

0% 0%

0% 0% $0$0- $500,000 - $500,000 $501,000 $501,000- $750,000 $750,000

96% 92.2%

$750,001 $750,001- $1,000,000 $1,000,000

$1,000,001 $1,000,001-- $1,500,001 $1,500,001 -$1,500,000 $1,500,000 $2,000,000 $2,000,000

0% Over $2,000,000

Mission Bay (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

72.7%

82.4%

Mission Bay (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

72.0%

81.8%

Mission Bay (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

74.0%

83.3%

Overall

$0 - $500,000

$85,376,270 $23,343,000 27% 91 16 18%

$8,066,000 $0 0% 19 0 0%

Overall

$0 - $500,000

$56,294,000 $15,776,000 28% 55 10 18%

$4,780,000 $0 0% 11 0 0%

Overall

$0 - $500,000

$29,082,270 $7,567,000 26% 36 6 17%

$3,286,000 $0 0% 8 0 0%

$501,000 $750,000 $15,955,770 $650,000 4% 26 1 4%

$750,001 $1,000,000 $15,378,000 $1,878,000 12% 18 2 11%

$1,000,001 $1,500,000 $21,153,500 $8,490,000 40% 17 7 41%

$1,500,001 $2,000,000 $10,543,000 $7,115,000 67% 6 4 67%

Over $2,000,000 $14,280,000 $5,210,000 36% 5 2 40%

$501,000 $750,000 $7,539,000 $0 0% 12 0 0%

$750,001 $1,000,000 $10,058,500 $943,000 9% 12 1 8%

$1,000,001 $1,500,000 $15,921,500 $5,908,000 37% 13 5 38%

$1,500,001 $2,000,000 $3,715,000 $3,715,000 100% 2 2 100%

Over $2,000,000 $14,280,000 $5,210,000 36% 5 2 40%

$501,000 $750,000 $8,416,770 $650,000 8% 14 1 7%

$750,001 $1,000,000 $5,319,500 $935,000 18% 6 1 17%

$1,000,001 $1,500,000 $5,232,000 $2,582,000 49% 4 2 50%

$1,500,001 $2,000,000 $6,828,000 $3,400,000 50% 4 2 50%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Auckland Overall Market Share By Value Auckland Mission City Apartments Bay

Auckland Overall Market Share By Value Auckland Mission City Apartments Bay

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6%

25% 80% Market BRE

27.3%

23% 67%

70% 20% 60% 50% 15% 40% 10% 30% 20% 5% 10%

40%

36%

5% 12% 0%

4%

0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

72.7%

$501,000 $750,000

94%

Auckland Overall Market Share By Volume Auckland Mission City Apartments Bay 25% 80%

(12 months 4% to 30 Sept 2009)

Market Market BRE BRE

17.6%

Auckland Auckland Overall Overall Market Market ShareShare By Volume By Volume Auckland City Mission Apartments Bay 23% (12 months to 30 Sept 2009) 67%

20% 70% 60% 15% 50%

41%

40%

40% 10% 30% 20% 5% 10%

4% 0%

11% 4%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

0% $0 - $500,000

96%

82.4%

$501,000 $750,000

0% Over $2,000,000

Mt Albert (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

99.4%

99.2%

Mt Albert (1 April 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

100.0%

100.0%

Mt Albert (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

98.6%

98.2%

Overall

$0 - $500,000

$136,698,838 $814,000 1% 261 2 1%

$47,563,550 $259,000 1% 134 1 1%

Overall

$0 - $500,000

$80,114,950 $0 0% 148 0 0%

$25,720,850 $0 0% 71 0 0%

Overall

$0 - $500,000

$56,583,888 $814,000 1% 113 2 2%

$21,842,700 $259,000 1% 63 1 2%

$501,000 $750,000 $57,227,288 $555,000 1% 94 1 1%

$750,001 $1,000,000 $21,476,000 $0 0% 25 0 0%

$1,000,001 $1,500,000 $7,982,000 $0 0% 7 0 0%

$1,500,001 $2,000,000 $0 $0 0% 0 0 0%

Over $2,000,000 $2,450,000 $0 0% 1 0 0%

$501,000 $750,000 $30,808,100 $0 0% 51 0 0%

$750,001 $1,000,000 $18,996,000 $0 0% 22 0 0%

$1,000,001 $1,500,000 $4,590,000 $0 0% 4 0 0%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $26,419,188 $555,000 2% 43 1 2%

$750,001 $1,000,000 $2,480,000 $0 0% 3 0 0%

$1,000,001 $1,500,000 $3,392,000 $0 0% 3 0 0%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $2,450,000 $0 0% 1 0 0%

Auckland Overall Market Share By Value Auckland Overall Market Share By Value Mt Albert

Auckland Overall Market Share By Value Mt Albert

Auckland City Apartments (12 months to 30 Sept 2009) 6% 0.6% 6% 6.6%

(12 Months to 30 Sept 2009)

10% Market Market Market Market BREBRE BRE BRE

9% 8% 7% 6% 5% 4% 3% 2% 1%

1%

1%

0%

0% $0 - $500,000

$501,000 $750,000

$750,001 $1,000,000

0%

0%

0%

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

94% 93.4% 99.4%

Auckland Overall Market Share By Volume Mt Albert

AucklandOverall Overall Market Share By Volume Auckland Market Share By Volume AucklandMt City Apartments Albert 4% to 30 Sept 2009) (12 Months 4.4%0.8%

(12 Months to 30 Sept 2009)

Market Market Market BRE BREBRE

10% 9% 8% 7% 6% 5% 4% 3% 2% 1% 0%

1% $0 - $500,000

96% 95.6% 99.2%

1%

$501,000 $750,000

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

0% Over $2,000,000

Mt Eden (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

86.2%

89.3%

Mt Eden (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

90.9%

91.7%

Mt Eden (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

79.4%

86.2%

Overall

$0 - $500,000

$220,661,503 $30,413,000 14% 326 35 11%

$33,952,244 $840,000 2% 100 2 2%

Overall

$0 - $500,000

$131,315,888 $11,994,000 9% 181 15 8%

$15,695,438 $840,000 5% 46 2 4%

Overall

$0 - $500,000

$89,345,615 $18,419,000 21% 145 20 14%

$18,256,806 $0 0% 54 0 0%

$501,000 $750,000 $74,839,450 $10,193,500 14% 116 15 13%

$750,001 $1,000,000 $63,624,309 $10,062,500 16% 74 11 15%

$1,000,001 $1,500,000 $36,170,500 $5,847,000 16% 30 5 17%

$1,500,001 $2,000,000 $6,800,000 $3,470,000 51% 4 2 50%

Over $2,000,000 $5,275,000 $0 0% 2 0 0%

$501,000 $750,000 $36,184,950 $2,061,500 6% 56 3 5%

$750,001 $1,000,000 $49,060,000 $9,092,500 19% 57 10 18%

$1,000,001 $1,500,000 $21,770,500 $0 0% 18 0 0%

$1,500,001 $2,000,000 $3,330,000 $0 0% 2 0 0%

Over $2,000,000 $5,275,000 $0 0% 2 0 0%

$501,000 $750,000 $38,654,500 $8,132,000 21% 60 12 20%

$750,001 $1,000,000 $14,564,309 $970,000 7% 17 1 6%

$1,000,001 $1,500,000 $14,400,000 $5,847,000 41% 12 5 42%

$1,500,001 $2,000,000 $3,470,000 $3,470,000 100% 2 2 100%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Auckland Overall Market Market Share By By Value Auckland Overall Share Value Auckland City Apartments Mt Eden

Auckland Overall Market Market Share By By Value Auckland Overall Share Value Auckland City Apartments Mt Eden

(12 months 6% to 30 Sept 2009)

13.8%

6% 6.6%

Market Market Market BRE BRE BRE

25% 25% 100% 20% 20% 80% 15% 15% 60% 10% 10% 40%

23% 23%

(12 months to 30 Sept 2009)

51% 5%

5% 20%

14% 2%

16%

16%

0%

0%

0%

0%

0% 0% $0$0- $500,000 - $500,000 $501,000 $501,000- $750,000 $750,000

$750,001 $750,001- - $1,000,001 $1,000,001-- $1,500,001 $1,500,001 -$1,000,000 $1,000,000 $1,500,000 $1,500,000 $2,000,000 $2,000,000

Over $2,000,000

94% 86.2% 93.4%

Auckland OverallMarket Market Share By By Volume Auckland Overall Share Volume Auckland City Apartments Mt Eden

25%

4% to 30 Sept 2009) (12 months

10.7% 4.4%

Market Market BRE BRE

Auckland Overall MarketMarket Share ByShare VolumeBy Auckland City Auckland Overall Volume Apartments Mt Eden 23% (12 months to 30 Sept 2009)

23%

25% 20% 100% 20% 80% 15% 15% 60% 10% 10% 40% 5% 5% 20%

50%

4% 4%

13%

2%

15%

17%

0%

0%

0%

0% 0% $0$0- $500,000 - $500,000 $501,000 $501,000- $750,000 $750,000

96% 89.3% 95.6%

$750,001 $750,001- $1,000,000 $1,000,000

$1,000,001 $1,000,001-- $1,500,001 $1,500,001 -$1,500,000 $1,500,000 $2,000,000 $2,000,000

0% Over $2,000,000

Newmarket (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

95.9%

96.7%

Newmarket (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

99.0%

98.4%

Newmarket (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

88.4%

93.1%

Overall

$0 - $500,000

$40,605,100 $1,645,500 4% 90 3 3%

$24,228,600 $575,500 2% 67 2 3%

Overall

$0 - $500,000

$28,775,100 $275,000 1% 61 1 2%

$16,826,100 $275,000 2% 44 1 2%

Overall

$0 - $500,000

$11,830,000 $1,370,500 12% 29 2 7%

$7,402,500 $300,500 4% 23 1 4%

$501,000 $750,000 $7,736,000 $0 0% 13 0 0%

$750,001 $1,000,000 $7,570,500 $0 0% 9 0 0%

$1,000,001 $1,500,000 $1,070,000 $1,070,000 100% 1 1 100%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $5,921,000 $0 0% 10 0 0%

$750,001 $1,000,000 $6,028,000 $0 0% 7 0 0%

$1,000,001 $1,500,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $1,815,000 $0 0% 3 0 0%

$750,001 $1,000,000 $1,542,500 $0 0% 2 0 0%

$1,000,001 $1,500,000 $1,070,000 $1,070,000 100% 1 1 100%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Auckland Overall Market Share By Value Newmarket

Auckland Overall Market Market Share By By Value Auckland Overall Share Value Auckland City Apartments Newmarket

(12 months to 30 Sept 2009)

(12 months 6% to 30 Sept 2009)

6% 6.6% 4.1%

120% Market Market Market BRE BRE BRE

100% 100% 80% 60% 40% 20% 2%

0%

0%

$0 - $500,000

$501,000 $750,000

$750,001 $1,000,000

0%

0%

0% $1,000,001 - $1,500,001 $1,500,000 $2,000,000

Over $2,000,000

94% 93.4% 95.9%

Auckland OverallMarket Market Share By By Volume Auckland Overall Share Volume Auckland City Apartments Newmarket

25%

4% to 30 Sept 2009) (12 months 4.4% 3.3%

Market Market BRE BRE

Auckland Overall MarketMarket Share ByShare VolumeBy Auckland City Auckland Overall Volume Apartments Newmarket 23% (12 months to 30 Sept 2009)

23%

25% 120% 20% 100% 20% 15% 80% 15% 60% 10% 10% 40% 5% 5% 20% 0% 0%

100%

4% 4% 3%

0%

$0$0- $500,000 - $500,000 $501,000 $501,000- $750,000 $750,000

96% 95.6% 96.7%

0% 0% $750,001 $750,001- $1,000,000 $1,000,000

0%

0% 0%

$1,000,001 $1,000,001-- $1,500,001 $1,500,001 -$1,500,000 $1,500,000 $2,000,000 $2,000,000

0% 0% Over $2,000,000

One Tree Hill (12 Months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

98.4%

98.3%

One Tree Hill (1 April 2009 to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

97.4%

97.1%

One Tree Hill (1 Oct 2008 to 31 March 2009) Market Value BRE Market Share Market Volume BRE Market Share

100.0%

100.0%

Overall

$0 - $500,000

$56,996,694 $885,000 2% 115 2 2%

$24,284,544 $125,000 1% 65 1 2%

Overall

$0 - $500,000

$34,458,584 $885,000 3% 68 2 3%

$13,045,444 $125,000 1% 37 1 3%

Overall

$0 - $500,000

$22,538,110 $0 0% 47 0 0%

$11,239,100 $0 0% 28 0 0%

$501,000 $750,000 $25,121,150 $0 0% 42 0 0%

$750,001 $1,000,000 $4,946,000 $760,000 15% 6 1 17%

$1,000,001 $1,500,000 $1,020,000 $0 0% 1 0 0%

$1,500,001 $2,000,000 $1,625,000 $0 0% 1 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $14,842,140 $0 0% 24 0 0%

$750,001 $1,000,000 $4,946,000 $760,000 15% 6 1 17%

$1,000,001 $1,500,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$1,500,001 $2,000,000 $1,625,000 $0 0% 1 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $10,279,010 $0 0% 18 0 0%

$750,001 $1,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$1,000,001 $1,500,000 $1,020,000 $0 0% 1 0 0%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

AucklandOverall Overall Market Share By Value Auckland Market Share By Value Auckland City Apartments One Tree Hill

Auckland Overall Market Share By Value One Tree Hill

(126% Months to 30 Sept 2009)

6% 6.6% 1.6%

(12 months to 30 Sept 2009)

18% Market Market Market Market BRE BRE BRE BRE

15%

16% 14% 12% 10% 8% 6% 4% 2%

1%

0%

0%

0%

0%

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

94% 93.4% 98.4%

Auckland Overall Market Share By Volume One Tree Hill

$501,000 $750,000

$750,001 $1,000,000

Auckland Overall Market Share By Volume One Tree Hill

(12 Months to 30 Sept 2009)

(12 Months to 30 Sept 2009)

1.7% Market BRE

100% 80% 60% 40% 17%

20% 2% 0% $0 - $500,000

98.3%

0% $501,000 $750,000

$750,001 $1,000,000

0%

0%

0%

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

Orakei (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

87.0%

91.6%

Orakei (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

81.2%

88.0%

Orakei (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

96.2%

97.0%

Overall

$0 - $500,000

$75,068,756 $9,738,000 13% 83 7 8%

$4,091,256 $0 0% 10 0 0%

Overall

$0 - $500,000

$45,946,500 $8,618,000 19% 50 6 12%

$3,150,000 $0 0% 8 0 0%

Overall

$0 - $500,000

$29,122,256 $1,120,000 4% 33 1 3%

$941,256 $0 0% 2 0 0%

$501,000 $750,000 $16,549,500 $1,323,000 8% 27 2 7%

$750,001 $1,000,000 $16,701,000 $800,000 5% 20 1 5%

$1,000,001 $1,500,000 $22,251,000 $2,360,000 11% 19 2 11%

$1,500,001 $2,000,000 $6,871,000 $0 0% 4 0 0%

Over $2,000,000 $8,605,000 $5,255,000 61% 3 2 67%

$501,000 $750,000 $9,448,500 $1,323,000 14% 16 2 13%

$750,001 $1,000,000 $8,381,000 $800,000 10% 10 1 10%

$1,000,001 $1,500,000 $13,011,000 $1,240,000 10% 11 1 9%

$1,500,001 $2,000,000 $3,351,000 $0 0% 2 0 0%

Over $2,000,000 $8,605,000 $5,255,000 61% 3 2 67%

$501,000 $750,000 $7,101,000 $0 0% 11 0 0%

$750,001 $1,000,000 $8,320,000 $0 0% 10 0 0%

$1,000,001 $1,500,000 $9,240,000 $1,120,000 12% 8 1 13%

$1,500,001 $2,000,000 $3,520,000 $0 0% 2 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Auckland Overall Market Share By Value Auckland Orakei City Apartments

Auckland Overall Market Share By Value Auckland Orakei City Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6%

13.0%

Market BRE

25% 100%

23%

20% 80% 61%

15% 60% 10% 40% 5% 5% 20%

8% 0%

5% 0%

11% 0%

0% 0%

0%

0% 0% $0$0- $500,000 - $500,000 $501,000 $501,000- $750,000 $750,000

$750,001 $750,001- - $1,000,001 $1,000,001-- $1,500,001 $1,500,001 -$1,000,000 $1,000,000 $1,500,000 $1,500,000 $2,000,000 $2,000,000

Over $2,000,000

94% 87.0%

Auckland Overall Market Share By Volume Auckland Orakei City Apartments 25%

(12 months 4% to 30 Sept 2009)

8.4%

Market Market BRE BRE

Auckland Auckland Overall Overall Market Market ShareShare By Volume By Volume Auckland City Apartments Orakei 23% (12 months to 30 Sept 2009)

100% 20% 80% 15%

67%

60% 10% 40% 5% 20%

4% 0%

7%

5% 0%

11% 0%

0% 0%

0% 0% $0$0- $500,000 - $500,000 $501,000 $501,000- $750,000 $750,000

96% 91.6%

$750,001 $750,001- $1,000,000 $1,000,000

$1,000,001 $1,000,001-- $1,500,001 $1,500,001 -$1,500,000 $1,500,000 $2,000,000 $2,000,000

0% Over $2,000,000

Parnell (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

72.4%

79.7%

Parnell (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

66.4%

75.2%

Parnell (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

83.6%

87.5%

Overall

$0 - $500,000

$167,925,588 $46,381,000 28% 177 36 20%

$17,912,200 $3,431,000 19% 59 13 22%

Overall

$0 - $500,000

$109,935,088 $36,890,000 34% 113 28 25%

$11,681,700 $2,190,000 19% 37 10 27%

Overall

$0 - $500,000

$57,990,500 $9,491,000 16% 64 8 13%

$6,230,500 $1,241,000 20% 22 3 14%

$501,000 $750,000 $17,541,888 $1,950,000 11% 28 3 11%

$750,001 $1,000,000 $23,633,000 $1,880,000 8% 27 2 7%

$1,000,001 $1,500,000 $44,756,000 $8,960,000 20% 36 7 19%

$1,500,001 $2,000,000 $19,402,500 $3,650,000 19% 11 2 18%

Over $2,000,000 $44,680,000 $26,510,000 59% 16 9 56%

$501,000 $750,000 $13,177,888 $1,950,000 15% 21 3 14%

$750,001 $1,000,000 $14,253,000 $1,880,000 13% 16 2 13%

$1,000,001 $1,500,000 $26,935,000 $6,835,000 25% 21 5 24%

$1,500,001 $2,000,000 $14,402,500 $2,000,000 14% 8 1 13%

Over $2,000,000 $29,485,000 $22,035,000 75% 10 7 70%

$501,000 $750,000 $4,364,000 $0 0% 7 0 0%

$750,001 $1,000,000 $9,380,000 $0 0% 11 0 0%

$1,000,001 $1,500,000 $17,821,000 $2,125,000 12% 15 2 13%

$1,500,001 $2,000,000 $5,000,000 $1,650,000 33% 3 1 33%

Over $2,000,000 $15,195,000 $4,475,000 29% 6 2 33%

Auckland AucklandOverall OverallMarket MarketShare ShareBy ByValue Value Auckland City Apartments Parnell

Auckland Overall Market Share By Value Auckland Parnell City Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6%

25% 70% Market BRE

27.6%

23% 59%

60% 20% 50% 15% 40% 30% 10% 20% 5% 10%

19% 5%

11%

20%

19%

0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

8%

0% $0 - $500,000

72.4%

$501,000 $750,000

94%

Auckland AucklandOverall OverallMarket MarketShare ShareBy ByVolume Volume Auckland City Apartments Parnell 25% 70%

(12 months 4% to 30 Sept 2009)

Market Market BRE BRE

20.3%

Auckland Auckland Overall Overall Market Market ShareShare By Volume By Volume Auckland City Apartments Parnell 23% (12 months to 30 Sept 2009) 56%

20% 60% 50% 15% 40% 10% 30% 20% 5% 10%

22% 4%

11%

19%

18%

7% 0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

0% $0 - $500,000

79.7% 96%

$501,000 $750,000

0% Over $2,000,000

Pt Chevalier (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

99.3%

99.2%

Pt Chevalier (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

98.7%

98.4%

Pt Chevalier (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

100.0%

100.0%

Overall

$0 - $500,000

$73,627,023 $485,000 1% 129 1 1%

$18,073,223 $485,000 3% 47 1 2%

Overall

$0 - $500,000

$37,610,523 $485,000 1% 64 1 2%

$8,445,223 $485,000 6% 21 1 5%

Overall

$0 - $500,000

$36,016,500 $0 0% 65 0 0%

$9,628,000 $0 0% 26 0 0%

$501,000 $750,000 $37,556,500 $0 0% 62 0 0%

$750,001 $1,000,000 $12,814,800 $0 0% 16 0 0%

$1,000,001 $1,500,000 $3,292,500 $0 0% 3 0 0%

$1,500,001 $2,000,000 $1,890,000 $0 0% 1 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $21,237,000 $0 0% 34 0 0%

$750,001 $1,000,000 $4,635,800 $0 0% 6 0 0%

$1,000,001 $1,500,000 $3,292,500 $0 0% 3 0 0%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $16,319,500 $0 0% 28 0 0%

$750,001 $1,000,000 $8,179,000 $0 0% 10 0 0%

$1,000,001 $1,500,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$1,500,001 $2,000,000 $1,890,000 $0 0% 1 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Auckland Overall Market Share By Value Auckland Pt Chevalier City Apartments

Auckland Overall Market Share By Value Auckland Pt Chevalier City Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6% 0.7%

25% 3% Market BRE

3%

23%

3% 20% 2% 15% 2% 10% 1%

5%

5% 1% 0% 0% 0% $0$0- $500,000 - $500,000 $501,000 $501,000- $750,000 $750,000

0% 0% $750,001 $750,001- $1,000,000 $1,000,000

0% 0%

0% 0%

$1,000,001 $1,000,001-- $1,500,001 $1,500,001 -$1,500,000 $1,500,000 $2,000,000 $2,000,000

0% Over $2,000,000

94% 99.3%

Auckland Overall Market Share By Volume Auckland Pt Chevalier City Apartments 25% 3%

(12 months 4% to 30 Sept 2009)

0.8% Market Market BRE BRE

20% 2%

Auckland Auckland Overall Overall Market Market ShareShare By Volume By Volume Auckland City Pt Apartments Chevalier 23% (12 months to 30 Sept 2009) 2%

15% 2% 10% 1% 5% 1%

4% 0%

0% 0%

0% 0%

0% 0%

0%

0% 0% $0$0- $500,000 - $500,000 $501,000 $501,000- $750,000 $750,000

96% 99.2%

$750,001 $750,001- $1,000,000 $1,000,000

$1,000,001 $1,000,001-- $1,500,001 $1,500,001 -$1,500,000 $1,500,000 $2,000,000 $2,000,000

0% Over $2,000,000

Ponsonby (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

83.1%

86.0%

Ponsonby (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

79.8%

82.1%

Ponsonby (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

89.1%

91.5%

Overall

$0 - $500,000

$90,663,622 $15,302,000 17% 114 16 14%

$6,968,622 $0 0% 21 0 0%

Overall

$0 - $500,000

$58,482,500 $11,792,000 20% 67 12 18%

$1,804,000 $0 0% 6 0 0%

Overall

$0 - $500,000

$32,181,122 $3,510,000 11% 47 4 9%

$5,164,622 $0 0% 15 0 0%

$501,000 $750,000 $22,837,000 $690,000 3% 35 1 3%

$750,001 $1,000,000 $29,601,000 $10,672,000 36% 34 12 35%

$1,000,001 $1,500,000 $26,152,000 $3,940,000 15% 21 3 14%

$1,500,001 $2,000,000 $5,105,000 $0 0% 3 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $14,301,500 $690,000 5% 22 1 5%

$750,001 $1,000,000 $17,700,000 $7,162,000 40% 20 8 40%

$1,000,001 $1,500,000 $21,147,000 $3,940,000 19% 17 3 18%

$1,500,001 $2,000,000 $3,530,000 $0 0% 2 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $8,535,500 $0 0% 13 0 0%

$750,001 $1,000,000 $11,901,000 $3,510,000 29% 14 4 29%

$1,000,001 $1,500,000 $5,005,000 $0 0% 4 0 0%

$1,500,001 $2,000,000 $1,575,000 $0 0% 1 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Auckland AucklandOverall OverallMarket MarketShare ShareBy ByValue Value Ponsonby Auckland City Apartments

Auckland Overall Market Share By Value Auckland Ponsonby City Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6%

25% 40%

16.9%

Market BRE

23%

36%

35% 20% 30% 25% 15% 20% 10% 15% 10% 5% 5%

15% 5% 3% 0%

0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

94%

$501,000 $750,000

83.1%

Auckland Overall Market Share By Volume Auckland Ponsonby City Apartments 25% 40%

(12 months 4% to 30 Sept 2009)

14.0%

Market Market BRE BRE

Auckland Auckland Overall Overall Market Market Share Share By By Volume Volume Ponsonby Auckland (12 months to 30 Sept 2009) City Apartments 23% 35%

35% 20% 30% 15% 25% 20% 10% 15% 5% 10% 5% 0% 0%

14% 4% 3% 0%

$0 - $500,000 $0 - $500,000

96% 86.0%

$501,000 $750,000 $501,000 $750,000

0% $750,001 $1,000,000 $750,001 $1,000,000

0%

0% 0%

$1,000,001 - $1,500,001 $1,500,000 $2,000,000 $1,000,001 - $1,500,001 $1,500,000 $2,000,000

0% 0% Over $2,000,000 Over $2,000,000

Remuera (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

82.1%

84.9%

Remuera (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

81.3%

85.1%

Remuera (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

83.2%

84.7%

Overall

$0 - $500,000

$527,974,542 $94,626,000 18% 504 76 15%

$28,235,896 $2,138,000 8% 69 5 7%

Overall

$0 - $500,000

$313,960,043 $58,621,000 19% 315 47 15%

$18,826,397 $907,000 5% 46 2 4%

Overall

$0 - $500,000

$214,014,499 $36,005,000 17% 189 29 15%

$9,409,499 $1,231,000 13% 23 3 13%

$501,000 $750,000 $79,095,100 $7,017,000 9% 127 11 9%

$750,001 $1,000,000 $108,676,546 $18,571,000 17% 124 21 17%

$1,000,001 $1,500,000 $123,000,000 $25,665,000 21% 100 21 21%

$1,500,001 $2,000,000 $78,492,000 $13,180,000 17% 45 7 16%

Over $2,000,000 $110,475,000 $28,055,000 25% 39 11 28%

$501,000 $750,000 $45,337,100 $3,213,000 7% 72 5 7%

$750,001 $1,000,000 $76,021,546 $14,261,000 19% 87 16 18%

$1,000,001 $1,500,000 $81,926,000 $16,415,000 20% 66 13 20%

$1,500,001 $2,000,000 $47,359,000 $9,320,000 20% 27 5 19%

Over $2,000,000 $44,490,000 $14,505,000 33% 17 6 35%

$501,000 $750,000 $33,758,000 $3,804,000 11% 55 6 11%

$750,001 $1,000,000 $32,655,000 $4,310,000 13% 37 5 14%

$1,000,001 $1,500,000 $41,074,000 $9,250,000 23% 34 8 24%

$1,500,001 $2,000,000 $31,133,000 $3,860,000 12% 18 2 11%

Over $2,000,000 $65,985,000 $13,550,000 21% 22 5 23%

Auckland Overall Market Share By Value AucklandRemuera City Apartments

Auckland Overall Market Share By Value AucklandRemuera City Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6%

25% 40%

17.9%

Market BRE

23%

35% 20% 30%

25%

25% 15% 20% 10% 15% 10% 5% 5%

21% 17% 5% 8%

17%

9% 0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

94%

$501,000 $750,000

82.1%

Auckland Overall Market Share By Volume AucklandRemuera City Apartments 25% 40%

(12 months 4% to 30 Sept 2009)

15.1%

Market Market BRE BRE

Auckland Overall Market Share By Volume Auckland Remuera (12 months to 30 Sept 2009) City Apartments 23%

35% 20% 30%

28%

25% 15%

21%

20% 10% 15% 10% 5% 5%

17%

7% 4%

16%

9% 0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

0% $0 - $500,000

96%

84.9%

$501,000 $750,000

Over 0% $2,000,000

St Heliers (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

83.1%

89.0%

St Heliers (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

80.3%

87.4%

St Heliers (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

87.4%

91.2%

Overall

$0 - $500,000

$154,110,581 $26,002,500 17% 163 18 11%

$8,208,000 $400,000 5% 19 1 5%

Overall

$0 - $500,000

$92,126,350 $18,188,000 20% 95 12 13%

$5,439,000 $400,000 7% 12 1 8%

Overall

$0 - $500,000

$61,984,231 $7,814,500 13% 68 6 9%

$2,769,000 $0 0% 7 0 0%

$501,000 $750,000 $40,705,401 $2,045,000 5% 65 3 5%

$750,001 $1,000,000 $30,352,180 $3,447,500 11% 35 4 11%

$1,000,001 $1,500,000 $29,008,000 $3,630,000 13% 24 3 13%

$1,500,001 $2,000,000 $16,895,000 $6,580,000 39% 10 4 40%

Over $2,000,000 $28,942,000 $9,900,000 34% 10 3 30%

$501,000 $750,000 $20,249,550 $1,433,000 7% 32 2 6%

$750,001 $1,000,000 $20,795,800 $1,770,000 9% 24 2 8%

$1,000,001 $1,500,000 $19,315,000 $3,630,000 19% 16 3 19%

$1,500,001 $2,000,000 $8,405,000 $3,155,000 38% 5 2 40%

Over $2,000,000 $17,922,000 $7,800,000 44% 6 2 33%

$501,000 $750,000 $20,455,851 $612,000 3% 33 1 3%

$750,001 $1,000,000 $9,556,380 $1,677,500 18% 11 2 18%

$1,000,001 $1,500,000 $9,693,000 $0 0% 8 0 0%

$1,500,001 $2,000,000 $8,490,000 $3,425,000 40% 5 2 40%

Over $2,000,000 $11,020,000 $2,100,000 19% 4 1 25%

Auckland Overall Market Share By Value Auckland StCity Heliers Apartments

Auckland Overall Market Share By Value Auckland StCity Heliers Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6%

25% 45%

16.9%

Market BRE

23% 39%

40% 20% 35%

34%

30% 15% 25% 10% 20% 15% 5% 10% 0% 5% 0% 94%

Auckland Overall Market Share By Volume Auckland StCity Heliers Apartments 25% 45%

(12 months 4% to 30 Sept 2009)

Market Market BRE BRE

11%

13%

5%

5%

0%

0%

0%

0%

$0 - $500,000

$501,000 $750,000 $501,000 $750,000

$750,001 $1,000,000 $750,001 $1,000,000

$1,000,001 $1,500,000 $1,000,001 $1,500,000

$1,500,001 $2,000,000 $1,500,001 $2,000,000

Over $2,000,000 Over $2,000,000

$0 - $500,000

83.1%

11.0%

5%

Auckland Auckland Overall Overall Market Market ShareShare By Volume By Volume Auckland CityStApartments Heliers 23% (12 months to 30 Sept 2009) 40%

20% 40% 35% 15% 30%

30%

25% 10% 20% 15% 5% 10%

5% 5% 0% 0% $0 - $500,000 $0 - $500,000

96% 89.0%

11%

13%

5%

0%

0%

0%

$501,000 $750,000$501,000

$750,001 $1,000,000 $750,001 $1,000,000

$1,000,001 $1,500,000$1,000,001

$1,500,001 $2,000,000$1,500,001

$1,500,000

$2,000,000

4%

$750,000

0% Over $2,000,000 Over $2,000,000

St Johns (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

93.4%

94.8%

St Johns (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

92.0%

92.9%

St Johns (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

95.4%

97.5%

Overall

$0 - $500,000

$53,082,490 $3,512,500 7% 96 5 5%

$16,564,990 $899,500 5% 44 2 5%

Overall

$0 - $500,000

$31,254,500 $2,512,500 8% 56 4 7%

$8,956,000 $899,500 10% 24 2 8%

Overall

$0 - $500,000

$21,827,990 $1,000,000 5% 40 1 3%

$7,608,990 $0 0% 20 0 0%

$501,000 $750,000 $21,340,000 $0 0% 35 0 0%

$750,001 $1,000,000 $11,692,500 $2,613,000 22% 14 3 21%

$1,000,001 $1,500,000 $3,485,000 $0 0% 3 0 0%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $12,807,000 $0 0% 21 0 0%

$750,001 $1,000,000 $7,386,500 $1,613,000 22% 9 2 22%

$1,000,001 $1,500,000 $2,105,000 $0 0% 2 0 0%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $8,533,000 $0 0% 14 0 0%

$750,001 $1,000,000 $4,306,000 $1,000,000 23% 5 1 20%

$1,000,001 $1,500,000 $1,380,000 $0 0% 1 0 0%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Auckland Overall Market Share By Value AucklandStCity Johns Apartments

Auckland Overall Market Share By Value AucklandStCity Johns Apartments

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6% 6.6%

25% 30.0% Market BRE

23%

25.0% 20% 20.0% 15% 15.0% 10% 10.0% 5% 5.0%

22%

5% 5% 0%

0%

0% 0%

0% 0%

0%

0% 0.0% $0$0 - $500,000 - $500,000 $501,000 $501,000 - - $750,001 $750,001- - $1,000,001 $1,000,001- - $1,500,001 $1,500,001-$750,000 $750,000 $1,000,000 $1,000,000 $1,500,000 $1,500,000 $2,000,000 $2,000,000

Over $2,000,000

94% 93.4%

Auckland Overall Market Share By Volume AucklandStCity Johns Apartments 25% 30.0%

(12 months 4% to 30 Sept 2009)

5.2% Market Market BRE BRE

Auckland Auckland Overall Overall Market Market ShareShare By Volume By Volume Auckland CitySt Apartments Johns 23% (12 months to 30 Sept 2009)

20% 25.0%

21%

20.0% 15% 15.0% 10% 10.0% 5% 5.0%

4% 5% 0%

0%

0% 0%

0% 0%

0% 0.0% $0$0 - $500,000 - $500,000 $501,000 $501,000 - $750,000 $750,000

96% 94.8%

$750,001 $750,001- - $1,000,001 $1,000,001- - $1,500,001 $1,500,001-$1,000,000 $1,000,000 $1,500,000 $1,500,000 $2,000,000 $2,000,000

0% 0% Over $2,000,000

St Marys Bay (12 months to 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

88.4%

90.2%

St Marys Bay (1 Apr 2009 - 30 Sept 2009) Market Value BRE Market Share Market Volume BRE Market Share

89.9%

92.3%

St Marys Bay (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

86.0%

86.7%

Overall

$0 - $500,000

$42,130,500 $4,882,000 12% 41 4 10%

$2,632,000 $455,000 17% 8 1 13%

Overall

$0 - $500,000

$26,033,000 $2,630,000 10% 26 2 8%

$1,462,000 $455,000 31% 4 1 25%

Overall

$0 - $500,000

$16,097,500 $2,252,000 14% 15 2 13%

$1,170,000 $0 0% 4 0 0%

$501,000 $750,000 $4,337,000 $0 0% 7 0 0%

$750,001 $1,000,000 $7,754,000 $820,000 11% 9 1 11%

$1,000,001 $1,500,000 $11,455,500 $1,432,000 13% 9 1 11%

$1,500,001 $2,000,000 $6,720,000 $0 0% 4 0 0%

Over $2,000,000 $9,232,000 $2,175,000 24% 4 1 25%

$501,000 $750,000 $3,002,000 $0 0% 5 0 0%

$750,001 $1,000,000 $5,109,000 $0 0% 6 0 0%

$1,000,001 $1,500,000 $7,565,000 $0 0% 6 0 0%

$1,500,001 $2,000,000 $6,720,000 $0 0% 4 0 0%

Over $2,000,000 $2,175,000 $2,175,000 100% 1 1 100%

$501,000 $750,000 $1,335,000 $0 0% 2 0 0%

$750,001 $1,000,000 $2,645,000 $820,000 31% 3 1 33%

$1,000,001 $1,500,000 $3,890,500 $1,432,000 37% 3 1 33%

$1,500,001 $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

Over $2,000,000 $7,057,000 $0 0% 3 0 0%

Auckland Overall Market Share By Value Auckland St Marys City Apartments Bay

Auckland Overall Market Share By Value Auckland St Marys City Apartments Bay

(12 months to 30 Sept 2009)

(12 months to 30 Sept 2009)

6%

25% 30%

11.6%

Market BRE

23%

25% 20% 20% 15% 15% 10% 10%

24% 17% 13% 11% 5%

5% 5% 0%

0%

0%

0%

0%

$501,000 $750,000

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

94%88.4%

Auckland Overall Market Share By Volume Auckland St Marys City Apartments Bay 25% 30%

(12 months 4% to 30 Sept 2009)

9.8%

Market Market BRE BRE

Auckland Auckland Overall Overall Market Market ShareShare By Volume By Volume Auckland City St Marys Apartments Bay 23% (12 months to 30 Sept 2009) 25%

20% 25% 20% 15% 15% 10% 10% 5% 5%

13%

11%

11%

0%

0%

0%

0%

$501,000 $750,000

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

4%

0% $0 - $500,000

96%90.2%

0% Over $2,000,000

Westmere (12 months to 31 March 2009) Market Value BRE Market Share Market Volume BRE Market Share

Residual

94.2%

93.7%

Westmere (1 Apr 2008 - 30 Sept 2008) Market Value BRE Market Share Market Volume BRE Market Share

95.6%

95.7%

Westmere (1 Oct 2008 - 31 Mar 2009) Market Value BRE Market Share Market Volume BRE Market Share

92.3%

90.9%

Overall

$0 - $500,000

$64,698,328 $3,748,000 5.8% 79 5 6.3%

$3,388,000 $0 0% 8 0 0%

Overall

$0 - $500,000

$37,067,200 $1,613,000 4% 46 2 4%

$1,747,000 $0 0% 4 0 0%

Overall

$0 - $500,000

$27,631,128 $2,135,000 8% 33 3 9%

$1,641,000 $0 0% 4 0 0%

$501,000 $750,000 $20,889,128 $1,935,000 9% 32 3 9%

$750,001 $1,000,000 $20,827,200 $1,813,000 9% 25 2 8%

$1,000,001 $1,500,000 $10,472,000 $0 0% 9 0 0%

$1,500,001 $2,000,000 $6,872,000 $0 0% 4 0 0%

Over $2,000,000 $2,250,000 $0 0% 1 0 0%

$501,000 $750,000 $10,855,000 $735,000 7% 17 1 6%

$750,001 $1,000,000 $15,907,200 $878,000 6% 19 1 5%

$1,000,001 $1,500,000 $4,975,000 $0 0% 4 0 0%

$1,500,001 $2,000,000 $3,583,000 $0 0% 2 0 0%

Over $2,000,000 $0 $0 #DIV/0! 0 0 #DIV/0!

$501,000 $750,000 $10,034,128 $1,200,000 12% 15 2 13%

$750,001 $1,000,000 $4,920,000 $935,000 19% 6 1 17%

$1,000,001 $1,500,000 $5,497,000 $0 0% 5 0 0%

$1,500,001 $2,000,000 $3,289,000 $0 0% 2 0 0%

Over $2,000,000 $2,250,000 $0 0% 1 0 0%

Auckland Overall Market Share By Value Auckland Westmere City Apartments

Auckland Overall Market Share By Value Auckland Westmere City Apartments

(12 months to 31 March 2009)

(12 months to 31 March 2009)

6% 5.8%

Market BRE

25% 14%

23%

20% 12% 9%

10% 15% 8%

9%

10% 6% 4% 5% 2%

5% 0%

0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over $2,000,000

0% $0 - $500,000

$501,000 $750,000

94% 94.2%

Auckland Overall Market Share By Volume Auckland Westmere City Apartments 25% 14%

(12 months 4% to 31 March 2009)

6.3%

Market Market BRE BRE

Auckland Auckland Overall Overall Market Market Share Share By By Volume Volume Westmere Auckland (12City months to 31 March 2009) Apartments 23%

20% 12% 9%

10% 15% 8%

8%

10% 6% 4% 5% 2%

4% 0%

0%

0%

0%

0%

$750,001 $1,000,000

$1,000,001 $1,500,000

$1,500,001 $2,000,000

Over 0% $2,000,000

0% $0 - $500,000

96% 93.7%

$501,000 $750,000

DATA OCTOBER - MARCH

BRE Auckland Apartments Sales Volume Balmoral Sales Volume Ellerslie Sales Volume Epsom Sales Volume Freemans Bay Sales Volume Glendowie Sales Volume Grey Lynn Sales Volume Herne Bay Sales Volume Kohimarama Sales Volume Meadowbank Sales Volume Mission Bay Sales Volume Mt Albert Sales Volume Mt Eden Sales Volume One Tree Hill Sales Volume Newmarket Sales Volume Orakei Sales Volume Parnell Sales Volume Ponsonby Sales Volume Pt Chev Sales Volume Remuera Sales Volume St helleirs Sales Volume St Johns Sales Volume St Marys Bay Sales Volume Westmere Sales Volume

$0-500,000

$500,001$750,000

$750,001$1,000,000

$1,000,001$1,500,000

$1,500,001$2,000,000

$2,000,000 +

Total

$5,663,345 18 $650,000 2 $0 0 $0 0 $379,500 1 $0 0 $845,000 2 $0 0 $0 0 $0 0 $0 0 $259,000 1 $0 0 $0 0 $300,500 1 $0 0 $1,241,000 3 $0 0 $0 0 $1,231,000 3 $0 0 $0 0 $0 0 $0 0

$2,459,655 4 $730,000 1 $0 0 $1,195,000 2 $1,301,000 2 $2,416,500 4 $1,834,500 3 $0 0 $541,500 1 $1,179,000 2 $650,000 1 $555,000 1 $8,132,000 12 $0 0 $0 0 $0 0 $0 0 $0 0 $0 0 $3,804,000 6 $612,000 1 $0 0 $0 0 $1,200,000 2

$0 0 $2,397,500 3 $0 0 $945,000 1 $0 0 $0 0 $1,000,000 1 $1,725,000 2 $3,443,000 4 $980,000 1 $935,000 1 $0 0 $970,000 1 $0 0 $0 0 $0 0 $0 0 $3,510,000 4 $0 0 $4,310,000 5 $1,677,500 2 $1,000,000 1 $820,000 1 $935,000 1

$0 0 $3,335,000 3 $0 0 $2,355,000 2 $0 0 $0 0 $0 0 $1,250,000 1 $5,140,000 4 $0 0 $2,582,000 2 $0 0 $5,847,000 5 $0 0 $1,070,000 1 $1,120,000 1 $2,125,000 2 $0 0 $0 0 $9,250,000 8 $0 0 $0 0 $1,432,000 1 $0 0

$0 0 $0 0 $0 0 $0 0 $1,570,000 1 $0 0 $0 0 $3,200,000 2 $1,825,000 1 $0 0 $3,400,000 2 $0 0 $3,470,000 2 $0 0 $0 0 $0 0 $1,650,000 1 $0 0 $0 0 $3,860,000 2 $3,425,000 2 $0 0 $0 0 $0 0

$0 0 $0 0 $0 0 $0 0 $0 0 $0 0 $0 0 $5,950,000 2 $2,350,000 1 $0 0 $0 0 $0 0 $0 0 $0 0 $0 0 $0 0 $4,475,000 2 $0 0 $0 0 $13,550,000 5 $2,100,000 1 $0 0 $0 0 $0 0

$8,123,000 22 $7,112,500 9 $0 0 $4,495,000 5 $3,250,500 4 $2,416,500 4 $3,679,500 6 $12,125,000 7 $13,299,500 11 $2,159,000 3 $7,567,000 6 814,000 2 $18,419,000 20 $0 0 $1,370,500 2 $1,120,000 1 $9,491,000 8 $3,510,000 4 $0 0 $36,005,000 29 $7,814,500 6 $1,000,000 1 $2,252,000 2 $2,135,000 3 $148,158,500 133

Total Market

$0-500,000

$500,001$750,000

$750,001$1,000,000

$1,000,001$1,500,000

$1,500,001$2,000,000

$2,000,000 +

Total

Auckland Apartments Sales Volume Balmoral Sales Volume Ellerslie Sales Volume Epsom Sales Volume Freemans Bay Sales Volume Glendowie Sales Volume Grey Lynn Sales Volume Herne Bay Sales Volume Kohimarama Sales Volume Meadow Bank Sales Volume Mission Bay Sales Volume Mt Albert Sales Volume Mt Eden Sales Volume One Tree Hill Sales Volume Newmarket Sales Volume Orakei Sales Volume Parnell Sales Volume Ponsonby Sales Volume Pt Chev Sales Volume Remuera Sales Volume St heileirs Sales Volume St Johns Sales Volume St Marys Bay Sales Volume Westmere Sales Volume

93,491,468 436 960,000 4 $18,655,450 49 $12,259,900 34 $4,618,000 13 $4,118,500 10 $12,641,500 30 $1,955,000 5 $4,850,500 14 $4,953,000 13 $3,286,000 8 $21,842,700 63 $18,256,806 54 $11,239,100 28 $7,402,500 23 $941,256 2 $6,230,500 22 $5,164,622 15 $9,628,000 26 $9,409,499 23 $2,769,000 7 $7,608,990 20 $1,170,000 4 $1,641,000 4

9,000,655 15 1,470,000 2 $14,539,900 25 $17,819,000 28 $10,491,500 16 $22,157,475 35 $30,971,000 50 $2,274,500 4 $10,193,500 16 $20,827,000 34 $8,416,770 14 $26,419,188 43 $38,654,500 60 $10,279,010 18 $1,815,000 3 $7,101,000 11 $4,364,000 7 $8,535,500 13 $16,319,500 28 $33,758,000 55 $20,455,851 33 $8,533,000 14 $1,335,000 2 $10,034,128 15

2,410,000 3 3,202,000 4 $780,000 1 $26,100,268 30 $2,612,500 3 $8,726,500 10 $15,994,500 19 $5,220,000 6 $10,324,000 12 $4,329,000 5 $5,319,500 6 $2,480,000 3 $14,564,309 17 $0 0 $1,542,500 2 $8,320,000 10 $9,380,000 11 $11,901,000 14 $8,179,000 10 $32,655,000 37 $9,556,380 11 $4,306,000 5 $2,645,000 3 $4,920,000 6

4,995,000 4 5,395,000 5 $1,300,000 1 $38,788,000 31 $4,640,000 4 $2,720,000 2 $2,430,500 2 $14,140,000 11 $18,684,000 15 $0 0 $5,232,000 4 $3,392,000 3 $14,400,000 12 $1,020,000 1 $1,070,000 1 $9,240,000 8 $17,821,000 15 $5,005,000 4 $0 0 $41,074,000 34 $9,693,000 8 $1,380,000 1 $3,890,500 3 $5,497,000 5

1,600,000 1 0 0 $0 0 $13,973,000 8 $6,625,000 4 $1,700,000 1 $0 0 $6,720,000 4 $3,385,000 2 $0 0 $6,828,000 4 $0 0 $3,470,000 2 $0 0 $0 0 $3,520,000 2 $5,000,000 3 $1,575,000 1 $1,890,000 1 $31,133,000 18 $8,490,000 5 $0 0 $0 0 $3,289,000 2

0 0 0 0 $0 0 $0 0 $0 0 $0 0 $0 0 $10,500,000 4 $4,750,000 2 $0 0 $0 0 $2,450,000 1 $0 0 $0 0 $0 0 $0 0 $15,195,000 6 $0 0 $0 0 $65,985,000 22 $11,020,000 4 $0 0 $7,057,000 3 $2,250,000 1

111,497,123 459 11,027,000 15 35,275,350 76 108,940,168 131 28,987,000 40 39,422,475 58 62,037,500 101 40,809,500 34 52,187,000 61 30,109,000 52 29,082,270 36 56,583,888 113 89,345,615 145 22,538,110 47 11,830,000 29 29,122,256 33 57,990,500 64 32,181,122 47 36,016,500 65 214,014,499 189 61,984,231 68 21,827,990 40 16,097,500 15 27,631,128 33 1,115,040,602 1,951

DATA APRIL - SEPTEMBER

BRE Auckland Apartments Sales Volume Balmoral Sales Volume Ellerslie Sales Volume Epsom Sales Volume Freemans Bay Sales Volume Glendowie Sales Volume Grey Lynn Sales Volume Herne Bay Sales Volume Kohimarama Sales Volume Meadowbank Sales Volume Mission Bay Sales Volume Mt Albert Sales Volume Mt Eden Sales Volume One Tree Hill Sales Volume Newmarket Sales Volume Orakei Sales Volume Parnell Sales Volume Ponsonby Sales Volume Pt Chev Sales Volume Remuera Sales Volume St Heliers Sales Volume St Johns Sales Volume St Marys Bay Sales Volume Westmere Sales Volume

$0-500,000

$500,001$750,000

$750,001$1,000,000

$1,000,001$1,500,000

$1,500,001$2,000,000

$2,000,000 +

Total

$5,915,000 20 $0 0 $483,000 1 $0 0 $380,000 1 $0 0 $895,000 2 $0 0 $255,000 1 $0 0 $0 0 $0 0 $840,000 2 $125,000 1 $275,000 1 $0 0 $2,190,000 10 $0 0 $485,000 1 $907,000 2 $400,000 1 $899,500 2 $455,000 1 $0 0

$3,055,000 5 $1,380,000 2 $0 0 $1,320,000 2 $1,285,000 2 $1,106,000 2 $1,183,000 2 $726,500 1 $2,015,000 3 $1,897,000 3 $0 0 $0 0 $2,061,500 3 $0 0 $0 0 $1,323,000 2 $1,950,000 3 $690,000 1 $0 0 $3,213,000 5 $1,433,000 2 $0 0 $0 0 $735,000 1

$0 0 $3,770,000 4 $950,000 1 $0 0 $0 0 $0 0 $771,000 1 $5,500,000 6 $4,092,000 5 $2,322,500 3 $943,000 1 $0 0 $9,092,500 10 $760,000 1 $0 0 $800,000 1 $1,880,000 2 $7,162,000 8 $0 0 $14,261,000 16 $1,770,000 2 $1,613,000 2 $0 0 $878,000 1

$0 0 $0 0 $1,100,000 1 $1,302,000 1 $1,380,000 1 $1,300,000 1 $1,021,500 1 $5,000,000 4 $4,585,000 4 $0 0 $5,908,000 5 $0 0 $0 0 $0 0 $0 0 $1,240,000 1 $6,835,000 5 $3,940,000 3 $0 0 $16,415,000 13 $3,630,000 3 $0 0 $0 0 $0 0

$0 0 $0 0 $0 0 $2,000,000 1 $0 0 $1,825,000 1 $0 0 $3,925,000 2 $3,725,000 2 $0 0 $3,715,000 2 $0 0 $0 0 $0 0 $0 0 $0 0 $2,000,000 1 $0 0 $0 0 $9,320,000 5 $3,155,000 2 $0 0 $0 0 $0 0

$0 0 $0 0 $0 0 $0 0 $0 0 $0 0 $0 0 $19,695,000 6 $0 0 $0 0 $5,210,000 2 $0 0 $0 0 $0 0 $0 0 $5,255,000 2 $22,035,000 7 $0 0 $0 0 $14,505,000 6 $7,800,000 2 $0 0 $2,175,000 1 $0 0

$8,970,000 25 $5,150,000 6 $2,533,000 3 $4,622,000 4 $3,045,000 4 $4,231,000 4 $3,870,500 6 $34,846,500 19 $14,672,000 15 $4,219,500 6 $15,776,000 10 0 0 $11,994,000 15 $885,000 2 $275,000 1 $8,618,000 6 $36,890,000 28 $11,792,000 12 $485,000 1 $58,621,000 47 $18,188,000 12 $2,512,500 4 $2,630,000 2 $1,613,000 2 $251,289,000 228

Total Market

$0-500,000

$500,001$750,000

$750,001$1,000,000

$1,000,001$1,500,000

$1,500,001$2,000,000

$2,000,000 +

Total

Auckland Apartments Sales Volume Balmoral Sales Volume Ellerslie Sales Volume Epsom Sales Volume Freemans Bay Sales Volume Glendowie Sales Volume Grey Lynn Sales Volume Herne Bay Sales Volume Kohimarama Sales Volume Meadow Bank Sales Volume Mission Bay Sales Volume Mt Albert Sales Volume Mt Eden Sales Volume One Tree Hill Sales Volume Newmarket Sales Volume Orakei Sales Volume Parnell Sales Volume Ponsonby Sales Volume Pt Chev Sales Volume Remuera Sales Volume St Heliers Sales Volume St Johns Sales Volume St Marys Bay Sales Volume Westmere Sales Volume

118,137,953 562 $1,638,339 6 $20,186,800 53 $14,151,928 38 $5,711,000 17 $3,607,000 9 $16,810,500 42 $1,470,000 4 $5,058,000 15 $6,383,000 16 $4,780,000 11 $25,720,850 71 $15,695,438 46 $13,045,444 37 $16,826,100 44 3,150,000 8 $11,681,700 37 $1,804,000 6 $8,445,223 21 $18,826,397 46 $5,439,000 12 $8,956,000 24 $1,462,000 4 $1,747,000 4

14,940,000 24 $5,109,000 8 $17,113,200 29 $26,598,400 41 $8,493,200 13 $20,621,500 34 $31,752,277 49 $2,021,500 3 $12,708,250 20 $19,377,000 33 $7,539,000 12 $30,808,100 51 $36,184,950 56 $14,842,140 24 $5,921,000 10 9,448,500 16 $13,177,888 21 $14,301,500 22 $21,237,000 34 $45,337,100 72 $20,249,550 32 $12,807,000 21 $3,002,000 5 $10,855,000 17

5,184,000 6 $4,690,000 5 $6,667,000 8 $38,422,300 44 $7,735,000 9 $23,139,350 27 $24,782,000 30 $12,746,000 14 $18,410,001 21 $9,157,500 11 $10,058,500 12 $18,996,000 22 $49,060,000 57 $4,946,000 6 $6,028,000 7 8,381,000 10 $14,253,000 16 $17,700,000 20 $4,635,800 6 $76,021,546 87 $20,795,800 24 $7,386,500 9 $5,109,000 6 $15,907,200 19

5,165,000 4 $3,556,000 3 $4,367,500 4 $35,451,500 29 $11,788,000 10 $15,750,500 13 $5,536,500 5 $15,801,000 12 $18,390,000 15 $4,480,000 4 $15,921,500 13 $4,590,000 4 $21,770,500 18 $0 0 $0 0 13,011,000 11 $26,935,000 21 $21,147,000 17 $3,292,500 3 $81,926,000 66 $19,315,000 16 $2,105,000 2 $7,565,000 6 $4,975,000 4

1,825,000 1 $0 0 $3,510,000 2 $5,400,000 3 $0 0 $1,825,000 1 $1,520,000 1 $19,595,000 11 $9,425,000 5 $0 0 $3,715,000 2 $0 0 $3,330,000 2 $1,625,000 1 $0 0 3,351,000 2 $14,402,500 8 $3,530,000 2 $0 0 $47,359,000 27 $8,405,000 5 $0 0 $6,720,000 4 $3,583,000 2

2,500,000 1 $0 0 $0 0 $26,430,000 11 $0 0 $2,300,000 1 $0 0 $38,815,000 13 $0 0 $0 0 $14,280,000 5 $0 0 $5,275,000 2 $0 0 $0 0 8,605,000 3 $29,485,000 10 $0 0 $0 0 $44,490,000 17 $17,922,000 6 $0 0 $2,175,000 1 $0 0

147,751,953 598 14,993,339 22 51,844,500 96 146,454,128 166 33,727,200 49 67,243,350 85 80,401,277 127 90,448,500 57 63,991,251 76 39,397,500 64 56,294,000 55 80,114,950 148 131,315,888 181 34,458,584 68 28,775,100 61 45,946,500 50 109,935,088 113 58,482,500 67 37,610,523 64 313,960,043 315 92,126,350 95 31,254,500 56 26,033,000 26 37,067,200 46 1,819,627,224 2,685