Apple Watch Sales: Now estimated at $1.758 billion.

Apple watch sales have increased, according to my estimated formula (see previous post)


On the 3 year trend, Apple "Other Products" should have earned $1,289 billion in Q4 2015. However, according to the financial report, the earnings of this division was in fact $3,048 billion.


Doing the basic math, Apple Watch sales have increased in Q4 from the $1.32 billion to $1.75 billion (an increase of 32.5%)

Sydney House Prices 24/10/2015: Average 3 bedroom house now sells for $1,246,776 (down 0.13%)

Starting to see a little bit of weakness in the house market. Will see whether it flows through.

House	Type		Sample	Average	Min	Max	Change	Confidence	Change
Average	2 Bedroom House		619	1,141,635.51	1,109,262.64	1,174,008.38	-0.29%	32372.87181	-0.29%
	3 Bedroom House		2434	1,246,776.63	1,226,980.79	1,266,572.47	-0.13%	19795.84104	-0.13%
	4 Bedroom House		1903	1,463,343.59	1,433,152.30	1,493,534.88	0.21%	30191.29122	0.21%
Unit	Type			Average	Min	Max		Confidence
	2 Bedroom Unit		1660	828,929.15	813,856.37	844,001.93	-0.02%	15,072.78	-0.02%
	3 Bedroom Unit		710	1,136,578.82	1,097,708.13	1,175,449.50	0.63%	38,870.68	0.63%

Sydney House Prices 17/10/2015: Average 3 bedroom house now sells for $1,248,438 (up 0.09%)

All this doom and gloom about house prices, but clearance rates don't tell the whole story in my opinion. Expectations of house sellers are still sky high. While clearance rates have dropped, prices still rising, even in the unit market. I think we will need some more consistent low clearance rates to really see some price drops.


Stats as usual below.

House	Type		Sample	Average	Min	Max	Change
Average	2 Bedroom House		594	1,144,954.20	1,111,704.24	1,178,204.16	0.18%
	3 Bedroom House		2357	1,248,438.78	1,228,324.06	1,268,553.50	0.09%
	4 Bedroom House		1806	1,460,322.18	1,429,367.36	1,491,276.99	0.04%
Unit	Type			Average	Min	Max
	2 Bedroom Unit		1614	829,066.84	813,645.40	844,488.28	0.23%
	3 Bedroom Unit		687	1,129,486.08	1,090,351.68	1,168,620.49	0.05%

Sydney House Prices 10/10/2015: Average 3 bedroom House now sells for $1,247,299 (up 0.05%)

Stats as per normal

House	Type		Sample	Average	Min	Max	Change
Average	2 Bedroom House		566	1,142,916.19	1,108,922.23	1,176,910.15	0.02%
	3 Bedroom House		2266	1,247,299.74	1,226,674.82	1,267,924.66	0.05%
	4 Bedroom House		1735	1,459,791.84	1,428,093.92	1,491,489.77	0.00%
Unit	Type			Average	Min	Max
	2 Bedroom Unit		1540	827,145.51	811,350.87	842,940.15	0.13%
	3 Bedroom Unit		663	1,128,954.66	1,089,095.74	1,168,813.58	-0.32%

Sydney House Prices 6th June 2015 - 3 October 2015 - Weighted Average down 0.66%

Since I started tracking Sydney House Prices this year in June, it appears that there has been some softness in House Pricing. But it differs depending to the structure of the house (and no doubt location)


2 bedroom house - down 1.33%
3 bedroom house - up 2.40%
4 bedroom house - down 5.27%


Weighted average, based on the numbers of Properties = down 0.66%

Sydney House Prices 3/10/15: Average 3 bedroom house now sells for $1,246,640 (up 0.22%)

Stats as per usual.

House	Type		Sample	Average	Min	Max	Change
Average	2 Bedroom House		536	1,142,730.32	1,107,351.26	1,178,109.38	-0.16%
	3 Bedroom House		2130	1,246,640.80	1,225,302.74	1,267,978.87	0.22%
	4 Bedroom House		1637	1,459,815.12	1,427,472.91	1,492,157.33	-0.10%
Unit	Type			Average	Min	Max
	2 Bedroom Unit		1472	826,068.07	809,715.46	842,420.68	0.05%
	3 Bedroom Unit		622	1,132,599.82	1,090,936.08	1,174,263.57	-0.27%