Light, Playford and West Torrens top the list of Adelaide's top property losers: CoreLogic RP Data

Light, Playford and West Torrens top the list of Adelaide's top property losers: CoreLogic RP Data
Light, Playford and West Torrens top the list of Adelaide's top property losers: CoreLogic RP Data

Over the March 2015 quarter, 9.7% of Adelaide resales were at a gross loss.

CoreLogic RP Data's pain and gain report noted that was up from 9.0% at the end of 2014 but lower than the 11.3% over the same quarter last year.

Mallala had one sale over the quarter and it was at a loss, elsewhere the proportion of loss-making resales was espcially high in the Light (25.0%), Playford (21.0%) and West Torrens (16.2%) council areas.

The proportion of loss-making resales was relatively lower in the Unley (3.3%), Mount Barker (3.3%) and Adelaide Hills (4.2%) council areas.

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Light, Playford and West Torrens top the list of Adelaide's top property losers: CoreLogic RP Data

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Housing Affordability

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