CoreLogic Australia's primary revenue streams come from collecting, storing, and distributing property information and analytics, as well as providing property-related risk management services across sectors like real estate, finance, insurance, and government[4]. Their revenue streams are diversified across various industries, including mortgage, insurance, and non-mortgage verticals, with non-mortgage revenues approaching 50% of total revenues[2]. CoreLogic Australia's estimated annual revenue is approximately $101.5 million[1].

Report on corelogic.com.au

Revenue Streams and Growth

• Home Sales and Resale Profits: CoreLogic reported a national increase of 8% in home sales in 2024, reaching 528,000 sales, reflecting solid performance despite economic headwinds.
• Value Increase: The combined value of Australian homes surpassed $11 trillion with a 5.5% increase in home values over the year.
• Residential Real Estate Growth: Total value of residential real estate rose to approximately $10.95 trillion, indicating an upward trajectory in property valuation.

Profitability Metrics

• Profit Margins: Australians saw a record median profit of $285,000 on resales, with a 97.2% profit-making sales rate nationally for houses, though units reported only 89.4%.
• Losses from Resales: The median loss from resale was recorded at -$40,000, translating to a -6.8% median proportional loss, totaling $282 million, highlighting variances in profitability across property types.
• Market Variability: The profitability varied significantly, with stronger capital growth trends in cities like Brisbane, Adelaide, and Perth, while Sydney and Melbourne exhibited declining profit margins.

Strategic Initiatives

• Research and Insights: Led by Eliza Owen, CoreLogic continues to provide in-depth market insights and forecasts, enhancing awareness of market trends and helping stakeholders make informed decisions.
• Adaptive Strategies: Responding to market demand shifts, CoreLogic tracks buyer behavior towards more affordable market segments, indicating strategic adaptability to changing economic circumstances.
• Market Reports: Regular publications like the "Pain & Gain" report and the annual "Best of the Best" report position CoreLogic as a thought leader in real estate analytics and market assessment.

Biggest Challenges

• High Interest Rates: Prolonged elevated interest rates are negatively impacting affordability, leading to reduced buyer demand and potential decreased sales volume.
• Economic Uncertainty: Global factors and local economic conditions create unpredictability in the housing market, presenting risks to sustaining growth.
• Market Segmentation: Differing performances across capital cities and regions, where some areas struggle while others thrive, introduce complexity in forecasting and strategic planning.

CoreLogic Australia's target market includes real estate professionals, valuers, builders, lenders, insurers, and government agencies. The targeted customers are primarily those who require comprehensive property data and insights to inform their business decisions, such as property transactions, valuations, and risk management[1][2][5].

CoreLogic Australia's primary competitors include propertyvalue.com.au, sqmresearch.com.au, propertyupdate.com.au, and id4me.me. These competitors differentiate themselves by offering specialized services:

• PropertyValue.com.au: Focuses on providing sold house prices across Australia, allowing users to compare average house prices.
• SQM Research: Offers real estate investing advice and strategies.
• PropertyUpdate: Provides property market insights and news.
• id4me.me: Facilitates house and apartment searches, real estate agent listings, and auction results.

In contrast, CoreLogic is known for its comprehensive property data and analytics services across Australia and New Zealand[2][3].

CoreLogic's workforce is global, with operations in multiple countries. The company has offices across the U.S. and international locations in nine countries, including Australia, where CoreLogic Australia operates[2][4]. Globally, CoreLogic employs over 5,000 people[4].

CoreLogic's foundational technologies include:

• Kafka: A stream processing platform for data standardization and aggregation.
• Elasticsearch: A NoSQL datastore for fast data storage and retrieval, integrated with Kibana for data visualization and machine learning.
• AI and Machine Learning: Used in data analytics and predictive models, such as the Smart Data Platform and Automated Valuation Models (AVMs).
• Cloud Platforms: Utilizes Amazon Web Services and Google Cloud Platform for scalable infrastructure.
• CoreAI: Powers platforms like Araya for property intelligence and decision-making.

CoreLogic Australia offers several key products and services:

• RP Data: Provides comprehensive property and analytics data, helping real estate professionals understand their market and drive business growth.
• Cordell Connect and Estimator: Assist construction and trade services by offering project data, costing analysis, and cost management tools to boost profits and minimize overruns.
• CoreLogic’s Data Ecosystem: Offers insights across the property lifecycle, supporting informed decision-making for real estate agents, mortgage brokers, valuers, and more.

These solutions solve problems by providing accurate market insights, streamlining business operations, and enhancing decision-making across various sectors.