News Where the biggest loss making property sales in Sydney are: CoreLogic RP Data Pain & Gain report
Where the biggest loss making property sales in Sydney are: CoreLogic RP Data Pain & Gain report
Property ObserverDecember 7, 2020
Only 1.7% of homes resold in Sydney over the third quarter of 2015 sold at a loss which is the lowest proportion on record, according to the CoreLogic RP Data Pain & Gain report.
The Burwood and Hunters Hill council areas each recorded no resales at a loss over the quarter.
The highest proportion of loss-making resales over the quarter were found in: Rockdale (3.7%), Pittwater (3.6%) and Blue Mountains (3.1%) however, the proportion of loss-making resales in these regions was extremely low relative to other cities.
