New Apartments Reselling At A Loss In Melbourne, Brisbane
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Losses on a wave of new apartments are starting to mount in Melbourne and Brisbane. A hefty 60% of units purchased off-the-plan in inner Melbourne since 2011 breaking even at best or reselling at a loss, while inner Brisbane saw 40% of resales lose money, according to new research from BIS Oxford Economics. Sydney has yet…

Sydney's West in Apartment Oversupply? Really!
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Looks like someone forgot to tell Sydney’s inner west about its alleged oversupply of apartments. For example here are the results for Erskineville:   Here’s St. Peters results: You can also add to this Haberfield, Stanmore, Sydenham, Five Dock, Canada Bay, Abbotsford, Chiswick, etc. etc. all of which have remarkably tight vacancy rates of 1 per cent…

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