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No resale losses for Melbourne's Murrindindi council area in Dec 2015 quarter: CoreLogic Pain & Gain

No resale losses for Melbourne's Murrindindi council area in Dec 2015 quarter: CoreLogic Pain & Gain
No resale losses for Melbourne's Murrindindi council area in Dec 2015 quarter: CoreLogic Pain & Gain

Some 4.2 percent of Melbourne resales over the December 2015 quarter were at a price lower than the previous purchase price which was the lowest proportion of loss-making resales since the September 2011 quarter.

Murrindindi was the only council regions to record no resales at a loss over the quarter while Frankston (1.2 percent) and Hobsons Bay (1.2 percent) also had less than 1.5 percent of resales at a loss.

The regions with the highest proportion of loss-making resales were Melbourne (17.2 percent), Mitchell (16.7 percent) and Yarra (8.0 percent).

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No resale losses for Melbourne's Murrindindi council area in Dec 2015 quarter: CoreLogic Pain & Gain

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Melbourne Reslaes

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