Vendor discounting in Canberra drops 1.3% in July: APM heat chart
Nicola TrotmanDecember 7, 2020
The average discount rate of properties in Canberra has dropped 1.3% to 4.6% in July, according to Australian Property Monitors.
Melbourne also dropped to an average discount of 5.9% in July from 6.5% in June.
The Gold Coast is the only region to have recorded an increase in its average discount rate to 8.9% in July, up from 8.4% in June.
Brisbane has remained stagnant for the last three months at 7.0%.
Nicola Trotman
With a penchant for the written word, Nicola has built a career doing just this – now Creative Director at thriving Melbourne-based PR agency, Greenpoint Media.