Data reveals Australia’s most profitable suburbs
Hobart continues to lead the nation for profit-making home sales, with profitability across markets tipped to rise in the coming months as low mortgage rates, improving economic conditions and rising consumer sentiment combine to result in an increase in happy vendors.
Hobart has been Australia's most profitable capital since 2018. Photo: Shutterstock (Image source: Shutterstock.com)
Hobart continues to lead the nation for profit-making home sales, with profitability across markets tipped to rise in the coming months as low mortgage rates, improving economic conditions and rising consumer sentiment combine to result in an increase in happy vendors.
CoreLogic’s latest Pain & Gain report, which analysed around 72,000 property resales across Australia, showed that 96.6 per cent of house sales in Hobart made some sort of a g…
