HtAG Data Dictionary

Standard Metrics

This table summarises the main HtAG data points presented on the dashboard and LGA pages. Reported for the current calendar quarter unless otherwise stated.

MetricData TypeStatusDescriptionRange
Typical PriceNumericalLiveTypical Price for a particular council area or suburb fit via HtAG Machine Learning model. $50K-$4M
Median RentNumericalLiveMedian Rent for a particular council area or suburb produced via HtAG statistical model.$50-$5K
SalesNumericalLiveNumber of property sales recorded during the calendar quarter. Resets every quarter.0-5,000
RentalsNumericalPlannedNumber of properties listed for rent during the calendar quarter. Resets every quarter.0-5,000
YoY ChangePercentageLiveYear on Year Change is the percent difference of a value from any given year to the value in the previous year. Applies to all metrics listed above.-50% to +50%
Cashflow YieldPercentageLiveGross Rental Yield is the value you generate from an investment property represented as a percentage. Derived from Typical Price and Median Rent metrics. Calculated for the current quarter.0%-15%
Capital GrowthPercentageLiveCapital Growth is the percent difference between the projected future typical value of a property and its current purchase price. Estimated per annum based on 2 year forecast produced by HtAG ML model.0%-50%
Total RoIPercentageLiveReturn on Investment is a performance measure used to evaluate the efficiency of an investment. Calculated as a sum of per annum Rental Yield + Capital Growth metrics above.0%-50%
Cashflow GrowthPercentageLiveProjected per annum growth for Cashflow Yield. Calculated using projected per annum increase of rent values.0%-50%
ConfidenceCategoricalLiveMetric that indicates reliability of the data. Derived from the error rate produced when fitting the data via a statistical model. The higher the confidence the better.High, Medium, Low


Professional Metrics

This table summarises current and planned HtAG metrics. Reported for LGAs and suburbs. Unless otherwise specified the metrics are calculated for the 3-month rolling window and updated every 2-3 weeks.

MetricData TypeStatusETADescriptionPossible values
GRCStringLiveGrowth Rate Cycle. Metric that indicates growth or decline in YoY price change.Peak,
Bottom,
Rising,
Declining
DoMNumericalLiveDays on Market. Average number of days ‘for sale’ listings remain active on the web.32 days
DoRMNumericalLiveDays on Rental Market. Average number of days ‘for rent’ listings remain active on the web.25 days
DiscountingPercentageLiveTypical discount given by property vendors when selling a property.1.50%
Vacancy RatePercentageLiveSee this interactive story for detailed explanation. There are instances where Vacancy Rate cannot be calculated and is presented as -1.00%.3%
VacanciesNumericalLiveNumber of rental listings that remain open for more than 21 days.25
SoM NumericalIn DevelopmentApr-21Stock on Market. Total number of active ‘for sale’ listings on market.34
SoM PercentagePercentageIn DevelopmentApr-21Ratio of current ‘for sale’ listings to the total number of dwellings.1.70%
Auction Clearance RatesPercentagePlannedJun-21Percentage of auctions resulting in a sale.74%
Buy Search IndexFloatIn DevelopmentApr-21Ratio of online Buy searches to the state average. Value of 0.5 signifies that Buy searches are at state average. The higher the value, the higher the demand in the property market.0.0 – 1.0
Rent Search IndexFloatIn DevelopmentApr-21Ratio of online Rent searches to the state average. Value of 0.5 signifies that Rent searches are at state average. The higher the value, the higher the demand in the rental market.0.0 – 1.0
Renter to Owner RatioPercentageIn DevelopmentApr-21Ratio of Renter households to the Owner Occupier or Mortgagee Households. The higher the number, the more renters there are relative to owner occupiers.0.0 – 1.0
Unit to House RatioPercentageIn DevelopmentApr-21Ratio of total unit dwellings to that of houses in the area. Calculated by apportioning the number of units sold in the last 2 years to that of houses. The higher the number, the more units there are relative to houses.0.0 – 1.0
Unit to House Value RatioPercentageIn DevelopmentApr-21Ratio of Typical Price of units to that of houses. The higher the number, the closer unit prices are to that of houses.0.0 – 1.0
Hold PeriodsNumericalPlannedJun-21Average interval (measured in years) between dates when a particular owner first buys and then sells their property.3.5 years
InventoryNumericalIn DevelopmentApr-21Total number of properties sold over the last 12 months divided by SoM.1.5 months


Time-series Data

This section details the time-series data, which is made available by HtAG for LGAs and suburbs. Data range is year 2008 to present quarter + 8 future quarters.

AttributeData TypePeriodUpdate FrequencyStatusDescriptionExample
PriceNumericalQuarterly2-3 weeksLiveHistorical + forecasted price time-series fit via ML model$530,000
RentNumericalQuarterly2-3 weeksLiveHistorical + forecasted rent time-series fit via statistical  model$350
SalesNumericalQuarterly2-3 weeksLiveHistorical + forecasted number of sales time-series fit via statistical model23
RentalsNumericalQuarterly2-3 weeksLiveHistorical + forecasted number of rentals time-series fit via statistical model23
YieldPercentageQuarterly2-3 weeksLiveHistorical + forecasted time-series Gross Yield derived from Price and Rent metrics above4.60%
Price YoY ChangePercentageYearlyQuarterlyLiveYearly time-series data derived from Price Metric above3.50%
Rent YoY ChangePercentageYearlyQuarterlyLiveYearly time-series data derived from Rent Metric above3.50%
Sales YoY ChangePercentageYearlyQuarterlyPlannedYearly time-series data derived from Sales Metric above3.50%
Yield YoY ChangePercentageYearlyQuarterlyLiveYearly time-series data derived from Yield Metric above3.50%

Reference Data

The section below presents reference values that are used to filter data in HtAG reports and dashboards.

Column / Table FilterData TypeDescriptionValuesAbbreviations
Property TypeStringProperty type for which the data is reported for.House, Unit, Residential LandType
BedroomsStringNumber of bedrooms for which the data is reported for. All, 1,2,3,4,5Beds, Bdrms
SuburbStringName of suburb for which the data is reported for.Approximately 15,000 suburbsSuburbs
Council Area (LGA)StringName of LGA for which the data is reported for.Approximately 450 LGAsLGAs, Councils

Glossary

This table details terms and abbreviations used throughout the HtAG Analytics website and downloadable reports and dashboards.

Term/AbbreviationDescriptionExample
HtAGHigher than Average Growth
MLMachine Learning
StateAustralian State or Territory NSW
Capital CityCapital City of a StateMelbourne
LGALocal Government Area is an administrative division of Australia that a local government is responsible for. LGAs commonly have the same boundaries as council areas.Sutherland Shire, NSW
Council AreaSame as LGA
SuburbTypically an urban area with an officially recognised geographical boundary. Corresponds to Gazetted Localities maintained by ABS.Bondi, NSW
LocalityTypically a rural area outside of major cities and larger towns. Corresponds to Gazetted Localities maintained by ABS.Guyra, NSW
QuarterCalendar quarter of the year.Q1,Q2,Q3,Q4
ABSAustralian Bureau of Statistics

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