Residex independently valued every Capital 360 purchase on behalf of clients since August 2009 across Sydney, Melbourne and Brisbane. The Residex Value Estimates used for the analysis were mostly derived from Residex’s electronic value estimation process, which is used by a wide variety of financial institutions throughout Australia. Certain properties were also given ‘desktop valuations’ where a trained Residex statistician uses a variety of statistical data to provide a more robust value estimate than would otherwise be derived from a raw electronic value estimate.

The sales data and Residex value estimates were then used to derive a ‘repeat sales index’, which is the purest methodology for determining the growth in prices in a housing market. This calculation confirmed that over the time period for which the Capital 360 Portfolio was held (ie, from August, 2009 to December, 2010), the portfolio has, on average, delivered a 17.0% growth rate.
On an annualised basis for this time period, the performance of the Capital 360 Portfolio was 12.4% p.a. This compares to an annualised performance for the Australian market over the same time period of 7.3% p.a. Thus, we have calculated that Capital 360 purchases for clients have outperformed the market by 5.1% p.a.

Note: Residex has not undertaken physical inspection of the properties but relied on the information provided and while we have used our best efforts to provide a quality portfolio value estimate and from that determined the portfolio growth we cannot guarantee that these returns will be repeated as there can be no certainty in the future performance or direction of a market. Hence Residex makes no warranty and expressly disclaims any liability, to the extent possible at law, which may arise as a consequence of any party making an investment based on the analysis we have undertaken. The value of investments can and do go up and down and Capital 360 cannot and does not guarantee the future performance of any investment.