Blog – CoreLogic Pain and Gain report

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The CoreLogic Pain & Gain report uncovers the profits earned and the losses made from property sales over the June 2016 quarter, and reveals which locations have been the most valuable for investment. Approximately 1 in 10 properties across Australia sells for an average loss of $73,009.

  • Based on the June quarter findings 5.9% of capital city houses resold at a loss
  • 9.5% of capital city units resold for less than the previous purchase price
  • Regional areas experienced the highest proportion of pain with 12.2% of houses & 19.9% of units making a loss at resale

 

(source: http://image.exct.net/lib/fe5515707d63077b7c1c/m/2/2016-09–CL_PainGainReportJune2016.pdf )

Posted in NRES on 28th September, 2016 | No Comments »

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