CoreLogic Pain and Gain report | Sydney

Throughout the second quarter of 2018, the total value of resales for a profit in Sydney was $5.023 billion and the total value of resales at a loss was $52.7 million. Sydney1 300x185

Based on this data, Sydney accounted for 32.0% of all resales at a profit nationally over the quarter and 11.2% of the total value of resale losses.

Hunters Hill, Mosman and Strathfiled each recorded no resales at a loss over the quarter while Canterbury, Auburn and Hurstville had the highest proportion of resales at a loss throughout the city.

With dwelling values in Sydney declining, the instances of resales at a loss has edged higher; a trend that is likely to continue as prices trend lower.

A9

A10

You may also want read:

CORELOGIC PAIN AND GAIN REPORT | NATIONAL OVERVIEW

CORELOGIC PAIN AND GAIN REPORT | HOUSES VS UNITS

Free Strategy 570x292

icon-podcast-large

Subscribe & don’t miss a single episode of michael yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to michael yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.

icon-email-large

Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


Avatar for Property Update

About

Cameron Kusher is Corelogic RP Data’s senior research analyst. Cameron has a thorough understanding of the fundamentals such as demographics, trends & economics. Visit www.corelogic.com.au


'CoreLogic Pain and Gain report | Sydney' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*


facebook
twitter
google
0
linkedin
0
email
Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...

REGISTER NOW

Subscribe!