Expert insights Buying Pittwater and Gosford still problematic with property sale losses: CoreLogic RP Data
Pittwater and Gosford still problematic with property sale losses: CoreLogic RP Data
Jonathan ChancellorFebruary 6, 2021
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.
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.