General
Key Findings: Pain & Gain Report (Quarter of Sep 2018)
Australian properties resold for $14.06billion in profits, but 11.1% of homes were resold at a loss.
Key findings from the CoreLogic Pain & Gain Report for the September 2018 Quarter includes:
- Property resales in Australia earned $14.060 billion in profits nationally.
- National losses from property resales amounted to $488.1 million.
- Houses have consistently experienced a higher proportion of resales at a profit than units.
- Greatest capital city share of profits were in Sydney (40.9%)…
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