About 9.2 per cent of Brisbane homes were sold by their owners at a loss in the first three months of the year, the worst result in almost two years, a new report reveals.
The capital was middle-of-the-rung compared to other states — Sydney and Melbourne were again the best performers.
South-east areas with highest sale loss:
- Lockyer Valley 23.9 per cent
- Somerset 11.9 per cent
- Ipswich 10.5 per cent
CoreLogic has released its Pain and Gain report for the March quarter, which compares the most recent sale price to the previous one.
Across the country, 9.6 per cent of dwellings sold for less, a worse result compared to the 8.8 per cent in the previous quarter.
It is still a case...
Read more: Property price report reveals Queensland's worst and best performing resale suburbs - ABC Local