Regional Victoria delivers for investors as profitability hits 10-year high
Profitability for property resales hit its highest level in more than a decade in the June quarter, with regional Victoria recording the biggest proportion of gains for investors.
Profitability for property resales hit its highest level in more than a decade in the June quarter, with regional Victoria recording the biggest proportion of gains for investors.
CoreLogic’s latest Pain & Gain Report, which analysed around 106,000 resales in the June quarter, revealed more than 91 per cent of property resales achieved a profit, with the nation’s house price boom delivering the highest level of profitability since May 2011.
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