Gold Coast, Ipswich, Sunshine Coast lead quarterly loss making resales: CoreLogic RP Data Pain & Gain

Gold Coast, Ipswich, Sunshine Coast lead quarterly loss making resales: CoreLogic RP Data Pain & Gain
Staff ReporterMarch 22, 2016

Queensland's Gold Coast, Ipswich and Sunshine Coast had the highest proportion of loss making resales over the September 2015 quarter, according to Core Logic RP Data's Pain & Gain most recent report.

It found losing resales over the quarter in the Gold Coast (16.3 percent) Ipswich (14.4 percent) and Sunshine Coast (13.1 percent) with the lowest proportions of loss making sales in Toowoomba (3.6 percent), Brisbane (5.4 percent) and Lockyer Valley (7.3 percent).

In Brisbane, the proportion of loss making resales continued to trend lower and was recorded at 7.6% over the September 2015 quarter, the lowest since the first quarter of 2011.

Click to enlarge

Editor's Picks

Above Zero to launch Glyndon in Camberwell
Sunkin takes luxury to new heights at Highett Common
The K2K Plan to transform Kensington and Anzac Parade corridor
Bathla launches Hillview Terrace, North Kellyville townhouse development
“A lifestyle destination rather than a holiday destination” Why the Gold Coast is now more boom than bust