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

| Jun 25,2015

| 0 min read

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.

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

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.