Based on resales across Greater Brisbane over the second quarter of 2018, the total value of resales at a profit was $1.1 billion while the total value of resales at a loss was recorded at $27.1 million.
Brisbane generated 5.8% of the total value of resale profits nationally over the quarter and 6.8% of the losses.
Throughout south-east Queensland, the council regions with the lowest proportion of resales at a loss were Sunshine Coast, Redland and Moreton Bay while the highest proportion of resales at a loss occurred in Ipswich, Somerset and Toowoomba.
The divergence between houses and units for loss making sales is likely attributable to higher supply levels across key areas of the inner city and the subsequent falling unit values.
You may also want read:
CORELOGIC PAIN AND GAIN REPORT | NATIONAL OVERVIEW
CORELOGIC PAIN AND GAIN REPORT | HOUSES VS UNITS
No comments:
Post a Comment