Sydney property: Suburbs where investment properties are selling at a loss
Most property investors make a profit, but pick the wrong neighbourhood and there’s a one in four chance of losing money.
Source: smh.com.au
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Most property investors make a profit, but pick the wrong neighbourhood and there’s a one in four chance of losing money.
More than one in four sellers in some unit-heavy neighbourhoods are losing money, but there could be some improvement ahead.
Close to one in five properties in a handful of suburbs are losing money for vendors as high-rise apartment towers built in recent years fall from favour.