Sydney And Melbourne Driving Re-Sale Profits Over $14 Billion

Capital cities vs. regions: 

Capital city properties being re-sold remain more likely to sell for a profit than those in regional markets, but the gap has narrowed over the past three months.  Over the March 2018 quarter, 91.1% of capital city properties re-sold for a profit (down from the previous quarter’s 92.8% and also down against a year earlier (92.6%).  In fact, the share of profit-making Capital city re-sales over the March 2018 quarter was the lowest it’s been since March…