Investors lose more than property owner occupiers CoreLogic RP Data pain gain report

Investors lose more than property owner occupiers CoreLogic RP Data pain gain report
Investors lose more than property owner occupiers CoreLogic RP Data pain gain report

Throughout the first quarter of 2015, 7.9% of owner occupiers and 11.9% of investors resold their properties at a loss.

Across each capital city and rest of state market the proportion of loss making resales was greater for investors than it was for owner occupiers. 

Some 5.1% of capital city homes resold which were owner occupied sold at a loss over the first quarter of the year compared to 8.3% of investor owned homes.

The biggest discrepancy between sales at a loss for owner occupiers and investors was found in the ACT (7.8% vs 19.1%), Hobart (9.9% vs 18.9%) and Melbourne (4.2% vs 9.9%).

The difference between the level of loss between owner occupier and investor resales was much lower in Sydney (2.3% vs 2.5%), Perth (6.2% vs 8.4%) and Darwin (10.3% vs 12.7%).

Investors were significantly less likely to resell at a loss in Sydney, Perth and Melbourne relative to the remaining capital cities. 

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Investors lose more than property owner occupiers CoreLogic RP Data pain gain report

 

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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