The CoreLogic quarterly “Pain & Gain Report” does not get the attention it should.
This report shows us what percentage of residential dwellings sell at a loss or a profit. As you can see for this terrific table below, only 1.8% of Sydney units sold at a loss throughout the June quarter. An amazing success rate.
There are two clear messages in this data.
1. Capital city dwellings are far less likely to sell at a loss.
2. Houses are generally more likely to sell for a profit than units.
Of course, there are plenty of exceptions to these two messages but at this point in time the results are striking.
Please download this full report. It is well worth the read. Get your free report now.
Please give me a call if you are looking to buy or sell a property. I can provide a free second opinion and plenty of independent property information (including valuations).