General
Nine In Ten Australian Properties Are ‘Flipped’ For A Profit
Global data analytics provider CoreLogic has released its first Property Flipping Report, which provides a national analysis of properties that were ‘flipped’ (bought and re-sold within a short time frame with the purpose of making a profit) in 2017.
The research measures flips within one year of purchase and within one to two years of purchase. It also tracks national trends in flipping over a 20-year period, from June 1997 to June 2
Key findings
- Nationally, the vast majority of…
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