Investors less savvy than owner-occupiers when it comes to property profits
While investors might be regarded as more of a property market expert than the average home owner, the stats suggest otherwise.
Sellers of units experienced significantly more pain than those who sold houses. (Image source: Shutterstock.com)
Investors are three times more likely to incur a loss from resales compared to owner-occupiers who continue to see a greater rate of profitability, according to new June quarter data.
Analytics company CoreLogic’s recent Pain and Gain Report analysed around 83,000 resales and found owner-occupiers had a higher incidence of profit from resale than investors, and the extent of profit and loss also showed a better outcome for them at a national lev…
