Expert insightsBuyingWhere capital cities yield higher capital growth than regions as property investments
Where capital cities yield higher capital growth than regions as property investments
Jonathan ChancellorJune 21, 2015
There are property experts who fancy regional investment over capital city.
But the latest CoreLogic RP Data pain and gain report suggests there can often be a pitfall in regional investment.
Throughout the regional markets the proportion of loss-making resales for houses and units was much higher than in the capital cities.
Across each regional area units recorded a greater proportion of loss-making resales than houses.
Regional Qld (15.6% vs 29.3%), Regional WA (20.0% vs 32.4%) and Regional NT (12.3% vs 21.9%) had the largest gaps between the proportion of loss-making house and unit sales.
Proportion of total resales at a loss/gain, houses vs. units, capital city vs regions: March 2015 quarter.
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Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
