Nearly one-in-five apartments sold for loss in Q4

Friday 3 April 2020

CoreLogic has released its latest Pain & Gain Report, which reveals that nearly one-in-five apartments were sold at a loss across Australia’s capital cities over the December quarter:

Just under one-in-ten detached houses also sold at a loss across the combined capitals.

As shown below, the proportion of loss-making properties has fallen across all markets from the 2018 highs:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.