If home values fall, investors (which have been increasingly active in the housing market) may be more inclined to sell at a loss and offset those losses which in turn could result in much more supply becoming available for purchase at a time in which demand for housing falls because values are declining,” said CoreLogic research

The worst suburbs for reselling houses

For reselling houses, the suburbs that attract the most loss had strong ties to the mining and resource sector in Queensland and Western Australia, with the only exception being the 19th worst reselling suburb for houses, Davoren Park in South Australia, which attracts several reports of criminal activity.

The worst suburbs for reselling houses at a profit are:

Rank Suburb State % at a loss
1 Pegs Creek Western Australia 92.3%
2 West Gladstone Queensland 81.8%
3 South Hedland Western Australia 81.6%
4 Douglas Queensland 80.0%
5 Withers Western Australia 80.0%
6 Newman Western Australia 75.0%
7 Wilson Western Australia 70.0%
8 Gracemere Queensland 70.0%
9 North Mackay Queensland 70.0%
10 Bulgarra Western Australia 70.0%
11 Emerald Queensland 68.4%
12 Bushland Beach Queensland 66.7%
13 Nickol Western Australia 64.3%
14 Bertram Western Australia 63.6%
15 Westminster Western Australia 63.6%
16 Clinton Queensland 63.6%
17 Kirwan Queensland 62.2%
18 Innaloo Western Australia 60.7%
19 Davoren Park South Australia 60.0%
20 Avenell Heights Queensland 60.0%
21 Chinchilla Queensland 60.0%
22 Moranbah Queensland 60.0%
23 Roma Queensland 60.0%

The worst suburbs for reselling units

While Queensland and Western Australia dominate the list again, this time two other states are present, Travancore in Victoria coming in second and Belconnen in the Australian Capital Territory coming in 20th.

These suburbs, the report stated, for the most part consist of large volumes of unit supply in addition to the sector’s underperformance.

The worst suburbs for reselling units at a profit are:

Rank Suburb State % at a loss
1 Yeppoon Queensland 80.0%
2 Travancore Victoria 78.6%
3 Perth Western Australia 73.5%
4 Palm Cove Queensland 70.0%
5 Townsville City Queensland 66.7%
6 Zillmere Queensland 66.7%
7 Mandurah Western Australia 63.6%
8 Subiaco Western Australia 61.1%
9 Airlie Beach Queensland 60.0%
10 Cannonvale Queensland 60.0%
11 North Ward Queensland 57.9%
12 Calamvale Queensland 57.1%
13 South Perth Western Australia 57.1%
14 Manoora Queensland 57.1%
15 Maylands Western Australia 56.8%
16 Westcourt Queensland 55.6%
17 Auchenflower Queensland 53.3%
18 South Brisbane Queensland 53.3%
19 Rockingham Western Australia 52.0%
20 Belconnen Australian Capital Territory 50.0%

The report also found investors were more likely to sell at a loss than owner-occupiers due to future capital gains, an option unavailable to owner-occupiers.

2018 03-2018 pain-and_gain_report_march by @GillandDebello #property #propertyinve https://www.slideshare.net/GillandDebello/2018-03cl18-painandgainreportmarch

Month in-review-february-2018-residential by @GillandDebello #housing #property https://www.slideshare.net/GillandDebello/month-inreviewfebruary2018residential-87342141

National rental market 04-04-2018

The Regional Areas Where Housing Is Affordable And Unemployment Is Low


Quarterly Pain Gain Report CoreLogic RP Data

About ljgrealestate 据联大

Removing the Hassle from Sales and Rentals across South East Queensland. Aim to Empower other like minded Property Investors. LJ Gilland Real Estate Pty Ltd LREA推荐书LJ Gilland房地产 http://ljgrealestate.com.au/testimonials/ http://ljgrealestate.com.au/competitive-commission/ http://ljgrealestate.com.au/property-management/ http://www.facebook.com/ljgrealestate L J Gilland Real Estate is a prestigious boutique agency specializing in Property Investment Management Services and the Sales of Investment Properties with tenants in place. Comprised of a top performing group of handpicked specialists, our Agents proudly serve Property Investors in Queensland. Since 1996 our Agency has demonstrated a genuine enjoyment of working with people, developing long-term relationships and delivering on the promise of great service. Carlos and Linda Debello offer property investor's the confidence to sell and lease in any market. We provide comprehensive market appraisals, exclusive multimedia marketing campaigns, and knowledgeable, highly personalized counsel on all aspects of real estate. Our Property Management Team is equally considerate, offering investors with in-depth advise, well-researched rental valuations, and highly professional rental management services. http://goanimate.com/movie/0M4bvcZzgIbI?utm_source=linkshare&uid=0u6RGtWsmlVc Carlos’ direct mobiles are 0400 833 800 & 0413560808. Linda’s mobiles are 0409995578 & 0414978700 (prefer email contact for Linda). Office 07 3263 6085. http://www.ljgrealestate.com.au http://www.yellowpages.com.au/qld/aspley/lj-gilland-real-estate-pty-ltd-14091356-listing.html http://au.linkedin.com/in/lindajanedebello http://twitter.com/GillandDebello http://www.facebook.com/pages/ljgrealestate
This entry was posted in Australia, Brisbane, ECONOMY FINANCE BUSINESS LJGREALESTATE RENTALS PROPERTY SALES PROPERTY INVESTOR PROPERTY MANAGEMENT, family, finance, Foreign Investment, LJ Gilland Real Estate Pty Ltd, ljgrealestate, Maintenance Renovating tips Construction Home Staging Property Sales Property Management Property Investor Builders Developers Rentals Sales Tenance, Negative Gearing, property investor, propertymanagement, Queensland, Real Estate, rentals, rentals sales, sales, spanish Argentina Korea India United Kingdom USA Asia Japan Hong Kong and tagged , , , , , . Bookmark the permalink.