Adelaide's Prospect immune from loss-making resales: CoreLogic RP Data's Pain & Gain

Adelaide's Prospect immune from loss-making resales: CoreLogic RP Data's Pain & Gain
Adelaide's Prospect immune from loss-making resales: CoreLogic RP Data's Pain & Gain

Over the September 2015 quarter, 9.5 percent of Adelaide resales were at a gross loss, according to CoreLogic RP Data.

It was up from 9.4 percent at the end of the first quarter of 2015 and higher than the 9.1 percent over the same quarter last year.

Prospect recorded no loss-making resales over the quarter while Campbelltown (2.2 percent) and Unley (2.9 percent) recorded less than 3.0 percent of all resales at a loss. The highest proportions of loss-making resales over the quarter were recorded in Playford (24.7 percent) and Light and Walkerville (both 14.3 percent) council areas. 

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Adelaide's Prospect immune from loss-making resales: CoreLogic RP Data's Pain & Gain

Tags: 
Residential Market Resale Loss

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