Pain and Gain: Melbourne

Pain and Gain: Melbourne

Insight, Latest posts, Melbourne, Property Investment

Across greater Melbourne, the rate of profit-making sales fell 20 basis points in the March 2021 quarter, to 94.5%. Despite the decline, Melbourne was still the second-most profitable capital city in terms of the portion of resales achieving a nominal profit. This was behind Hobart, at 98.4%. The increase in the rate of loss-making salesRead More

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Pain and Gain: Sydney

Pain and Gain: Sydney

Insight, Latest posts, Property Investment, Sydney

Across greater Sydney, the rate of profit-making sales increased 110 basis points in the March 2021 quarter, to 93.6%. Both house and unit markets saw an increase in the rate of profit-making sales, with loss-making sales down to 3.2% in the housing segment, and 10.6% across units. Across the council regions of Sydney, the highestRead More

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