Pittwater and Gosford still problematic with property sale losses: CoreLogic RP Data

Pittwater and Gosford still problematic with property sale losses: CoreLogic RP Data
Pittwater and Gosford still problematic with property sale losses: CoreLogic RP Data

Only 2.4% of homes resold in Sydney over the first quarter of 2015 sold at a loss.

CoreLogic RP Data's pain gain report noted the figure was steady compared with the December quarter and down from 3.1% a year earlier.

The Ashfield, Hunters Hill and Marrickville Council areas each recorded no resales at a loss over the quarter.

The Pittwater (7.3%), Gosford (5.0%) and Burwood (4.6%) council areas each recorded the highest proportions of loss-making resales throughout Sydney over the quarter. 

Click to enlarge

Pittwater and Gosford still problematic with property sale losses: CoreLogic RP Data

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Tags: 
Sydney Losses

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?