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91% of Aussie sellers are now selling property for a profit

CoreLogic has released its latest Pain & Gain report, in which it reported that 91.5 per cent of Australian properties sold in the June quarter made money for their vendors.

91% of Aussie sellers are now selling property for a profit
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91% of Aussie sellers are now selling property for a profit

There’s a number of reasons for the high level of vendor success: tight listings, record-low mortgage rates, and “extraordinary” growth in housing values across many of Australia’s markets.

Read more at Smart Property Investment

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