Adelaide losses trended lower over last quarter: CoreLogic Pain and Gain

Adelaide losses trended lower over last quarter: CoreLogic Pain and Gain
Adelaide losses trended lower over last quarter: CoreLogic Pain and Gain

In Adelaide, 5.9 percent of houses and 11.3 percent of units resold over the September 2016 at below their previous purchase price, according to CoreLogic's latest Pain and Gain report.

The property data firm says that the proportion of loss-making resales trended lower over the quarter for each property type.

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Adelaide losses trended lower over last quarter: CoreLogic Pain and Gain

The council areas with the highest proportion of loss-making resales over the quarter were: Playford (25.0 percent), Mount Barker (11.6 percent) and Salisbury (9.5 percent).

The Light, Mallala and Walkerville council regions each had no resales at a loss over the quarter.

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Adelaide losses trended lower over last quarter: CoreLogic Pain and Gain

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Adelaide Corelogic Pain & Gain

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